Falconridge Oil Technologies Corp (FROT) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
6 BAKER RD. BRAMPTON, ON L6T 4E3 |
| State of Incorp. | NV |
| Fiscal Year End | February 28 |
| Industry (SIC) | 1382 - Oil and Gas Field Exploration Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 2/28/2015 | 2/28/2014 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 27 | |||
| Cash and cash equivalent | 27 | |||
| Receivables | 12 | |||
| Other undisclosed current assets | ||||
| Total current assets: | 39 | |||
| Noncurrent Assets | ||||
| Property, plant and equipment | 5 | |||
| Oil and gas, successful efforts method, property and equipment, after accumulated depreciation, depletion, amortization, and impairment | ||||
| Oil and gas, full cost method, property and equipment, after accumulated depletion | 102 | |||
| Other undisclosed noncurrent assets | 289 | |||
| Total noncurrent assets: | 396 | |||
| TOTAL ASSETS: | 435 | |||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities | 187 | |||
| Accounts payable | 140 | |||
| Accrued liabilities | 47 | |||
| Debt | 70 | |||
| Due to related parties | 1,462 | |||
| Other undisclosed current liabilities | ||||
| Total current liabilities: | 1,719 | |||
| Noncurrent Liabilities | ||||
| Total liabilities: | 1,719 | |||
| Equity | ||||
| Equity, attributable to parent | (1,284) | |||
| Common stock | 49 | |||
| Additional paid in capital | 271 | |||
| Accumulated other comprehensive income | ||||
| Accumulated deficit | (1,604) | |||
| Total equity: | (1,284) | |||
| TOTAL LIABILITIES AND EQUITY: | 435 | |||
Income Statement (P&L) ($ in thousands)
| 2/28/2015 | 2/28/2014 | ||
|---|---|---|---|
| Revenues | 19 | ||
| Revenue, net | 19 | ||
| Financial services revenue | |||
| Gross profit: | 19 | ||
| Operating expenses | (475) | ||
| Operating loss: | (456) | ||
| Nonoperating expense (Investment Income, Nonoperating) | |||
| Interest and debt expense | (2) | ||
| Loss from continuing operations: | (457) | ||
| Loss before gain (loss) on sale of properties: | (457) | ||
| Other undisclosed net loss | |||
| Net loss available to common stockholders, diluted: | (457) | ||
Comprehensive Income ($ in thousands)
| 2/28/2015 | 2/28/2014 | ||
|---|---|---|---|
| Net loss: | (457) | ||
| Other comprehensive income | |||
| Comprehensive loss, net of tax, attributable to parent: | (457) | ||
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.