Far East Energy Corp (FEEC) financial statements (2022 and earlier)

Company profile

Business Address 363 NORTH SAM HOUSTON PKWY
HOUSTON, TX 77060
State of Incorp. NV
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,0487,23611,41317,57126,16131,78140,221
Cash and cash equivalents4,0487,23611,41317,57126,16131,78140,221
Receivables458411373161238134133
Inventory, net of allowances, customer advances and progress billings1,1601,1691,2211,2611,8251,356454
Inventory1,1601,1691,2211,2611,8251,356454
Prepaid expense509528     
Deposits current assets148148148142234204122
Prepaid expense and other current assets5425121,021780561
Other current assets1521     
Total current assets:6,3389,51313,69719,64729,47934,25541,491
Noncurrent Assets
Property, plant and equipment100,416101,243102,000102,63495,53381,43871,267
Oil and gas property, successful effort method99,323100,074100,757101,33494,28180,35370,187
Deferred costs1,4431,6971,9522,2272,6113,0033,174
Other noncurrent assets1,4191,118     
Prepaid expense and other noncurrent assets845604986869782
Other undisclosed noncurrent assets(99,323)(100,074)(100,757)(101,334)(94,281)(80,353)(70,187)
Total noncurrent assets:103,278104,058104,797105,46599,13085,31075,223
TOTAL ASSETS:109,616113,571118,494125,112128,609119,565116,714
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities44,57840,64042,16640,17139,46026,63716,369
Accounts payable31,03727,53221,96915,84210,8787,6289,430
Accrued liabilities13,54113,10820,19724,32928,58219,0096,939
Debt93,53093,34088,17887,99521,00021,00021,000
Total current liabilities:138,108133,980130,344128,16660,46047,63737,369
Noncurrent Liabilities
Long-term debt and lease obligation10111268,63862,17558,01157,830
Long-term debt, excluding current maturities   68,62662,17558,01157,830
Capital lease obligations10111212   
Liabilities, other than long-term debt1,4241,3821,3411,3021,210992875
Asset retirement obligations1,4241,3821,3411,3021,210992875
Other undisclosed noncurrent liabilities   (68,626)   
Total noncurrent liabilities:1,4341,3931,3531,31463,38559,00358,705
Total liabilities:139,542135,373131,697129,480123,845106,64096,074
Stockholders' equity
Stockholders' equity attributable to parent, including:(29,926)(21,802)(13,203)(4,368)4,76412,92520,640
Common stock346346346346346346346
Additional paid in capital178,745178,703178,661178,584178,477178,302178,193
Deferred compensation equity(310)(380)(451)(503)(649)(795)(947)
Accumulated deficit(208,707)(200,471)(191,759)(182,795)(173,410)(164,996)(156,952)
Other undisclosed stockholders' equity attributable to parent     68 
Total stockholders' equity:(29,926)(21,802)(13,203)(4,368)4,76412,92520,640
TOTAL LIABILITIES AND EQUITY:109,616113,571118,494125,112128,609119,565116,714

Income statement (P&L) ($ in thousands)

9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
Revenues1,2541,1371,031485400268433
Revenue, net1,2541,1371,031485400268433
Cost of revenue
(Cost of Goods and Services Sold)
(1,428)(1,695)(2,408)(1,830)(1,253)(1,103)(1,239)
Gross profit:(174)(558)(1,377)(1,345)(853)(835)(806)
Operating expenses(5,819)(6,395)(6,990)(6,376)(5,583)(5,193)(5,863)
Other undisclosed operating income1,4281,6952,4081,8301,2531,1031,239
Operating loss:(4,565)(5,258)(5,959)(5,891)(5,183)(4,925)(5,430)
Nonoperating expense(3,671)(3,454)(3,005)(3,494)(3,231)(3,119)(2,737)
Interest and debt expense(3,662)(3,470)(3,292)(3,149)(3,057)(2,919)(2,630)
Other undisclosed income from continuing operations before equity method investments, income taxes3,6623,4703,2923,1493,0572,9192,630
Net loss available to common stockholders, diluted:(8,236)(8,712)(8,964)(9,385)(8,414)(8,044)(8,167)

Comprehensive Income ($ in thousands)

9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
Net loss:(8,236)(8,712)(8,964)(9,385)(8,414)(8,044)(8,167)
Comprehensive loss, net of tax, attributable to parent:(8,236)(8,712)(8,964)(9,385)(8,414)(8,044)(8,167)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: