FutureFuel Corp. (FF) Financial Statements (2024 and earlier)

Company Profile

Business Address 8235 FORSYTH BOULEVARD SUITE 400
CLAYTON, MO 63105
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 286 - Industrial Organic Chemicals (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments166,690182,739212,766210,021168,580163,735
Cash and cash equivalents166,690145,058175,640171,268129,154120,984
Short-term investments  37,68137,12638,75339,42642,751
Receivables30,50727,85728,16325,73147,34627,793
Inventory, net of allowances, customer advances and progress billings67,36269,23426,76117,40031,58437,620
Inventory67,36269,23426,76117,40031,58437,620
Prepaid expense1,9883,1693,6948771,8152,957
Other current assets7,7078,4812,3803,6803,5065,712
Other undisclosed current assets191812121212
Total current assets:274,273291,498273,776257,721252,843237,829
Noncurrent Assets
Property, plant and equipment75,68976,89976,94178,40579,14581,056
Other noncurrent assets4,4974,8815,2525,2125,3985,498
Total noncurrent assets:80,18681,78082,19383,61784,54386,554
TOTAL ASSETS:354,459373,278355,969341,338337,386324,383
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities28,11134,21634,02337,79948,90631,073
Interest and dividends payable2,6265,2527,877
Taxes payable8491,2101,057
Employee-related liabilities4,2633,2082,983
Accounts payable22,31329,00928,54623,95533,81413,992
Accrued liabilities5,7985,2075,4776,1065,4225,164
Deferred revenue3,3953,4573,565   
Due to related parties7,7998,2498,2377,968
Other undisclosed current liabilities13,28215,90810,7112,5823,6732,336
Total current liabilities:44,78853,58156,09848,63060,81641,377
Noncurrent Liabilities
Liabilities, other than long-term debt12,08512,17913,39710,60210,17913,388
Deferred revenue9,84910,49311,6057,5548,46110,621
Deferred income tax liabilities    1,5691671,138
Other liabilities2,2361,6861,7921,4791,5511,629
Other undisclosed noncurrent liabilities3,3633,4203,4743,5303,5853,640
Total noncurrent liabilities:15,44815,59916,87114,13213,76417,028
Total liabilities:60,23669,18072,96962,76274,58058,405
Equity
Equity, attributable to parent294,223304,098283,000278,576262,806265,978
Common stock444444
Additional paid in capital282,489282,489282,489282,489282,443282,443
Accumulated other comprehensive income (loss)  16(1)561129
Retained earnings (accumulated deficit)11,73021,589508(3,922)(19,702)(16,598)
Total equity:294,223304,098283,000278,576262,806265,978
TOTAL LIABILITIES AND EQUITY:354,459373,278355,969341,338337,386324,383

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

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues85,30874,181117,816118,141117,79642,261
Other undisclosed gross profit(93,900)(52,558)(102,630)(98,156)(116,819)(49,416)
Gross profit:(8,592)21,62315,18619,985977(7,155)
Operating expenses(2,991)(3,372)(3,408)(3,095)(2,492)(2,452)
Operating income (loss):(11,583)18,25111,77816,890(1,515)(9,607)
Nonoperating income (expense)1,7392,8371,627587(2,527)(3,495)
Investment income, nonoperating1,7322,3362,2491,210747 
Other nonoperating income (expense) (1)1(1)(1)(2)(3,495)
Interest and debt expense(34)(33)(31)(32)(33)(32)
Income (loss) from continuing operations before equity method investments, income taxes:(9,878)21,05513,37417,445(4,075)(13,134)
Other undisclosed income from continuing operations before income taxes343331323332
Income (loss) from continuing operations before income taxes:(9,844)21,08813,40517,477(4,042)(13,102)
Income tax expense (benefit)(15)(7)1,528(1,697)938704
Income (loss) from continuing operations:(9,859)21,08114,93315,780(3,104)(12,398)
Income (loss) before gain (loss) on sale of properties:15,780(3,104)(12,398)
Net income (loss) available to common stockholders, diluted:(9,859)21,08114,93315,780(3,104)(12,398)

Comprehensive Income ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income (loss):(9,859)21,08114,93315,780(3,104)(12,398)
Comprehensive income (loss):(9,859)21,08114,93315,780(3,104)(12,398)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (16)17(6)(56)(68)(49)
Comprehensive income (loss), net of tax, attributable to parent:(9,875)21,09814,92715,724(3,172)(12,447)

Statements Sources

The financial statements are based on the Company's filings with 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.

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