Geomet Inc (GMET) Financial Statements (2025 and earlier)
Company Profile
Business Address |
909 FANNIN, SUITE 3208 HOUSTON, TX 77010 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)Annual | Quarterly
9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 21,594,220 | 22,098,603 | 22,894,405 | 24,118,090 | 24,978,808 | 7,559,114 | |||
Cash and cash equivalents | 21,594,220 | 22,098,603 | 22,894,405 | 24,118,090 | 24,978,808 | 7,559,114 | |||
Receivables | 112,794 | 10,018 | |||||||
Advance royalties | (115,522) | ||||||||
Disposal group, including discontinued operation | 2,833,774 | ||||||||
Other current assets | 10,832 | 79,567 | 148,302 | 305,155 | 24,921 | 101,909 | |||
Assets held-for-sale | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 46,451,620 | ||
Other undisclosed current assets | 115,522 | ||||||||
Total current assets: | 21,605,052 | 22,178,170 | 23,042,707 | 24,423,245 | 27,950,297 | 54,122,661 | |||
Noncurrent Assets | |||||||||
Other noncurrent assets | 10,832 | 47,409 | |||||||
Total noncurrent assets: | 10,832 | 47,409 | |||||||
TOTAL ASSETS: | 21,605,052 | 22,178,170 | 23,042,707 | 24,434,077 | 27,950,297 | 54,170,070 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 262,075 | 170,095 | 927,893 | 1,093,156 | 873,502 | 540,173 | |||
Taxes payable | 2,543 | 2,543 | 652,543 | 676,444 | 700,000 | ||||
Accounts payable | 259,532 | 167,552 | 152,258 | 403,525 | 155,686 | 531,263 | |||
Accrued liabilities | 123,092 | 13,187 | 17,816 | 8,910 | |||||
Debt | 70,000,000 | ||||||||
Asset retirement obligation | 173,524 | 669,817 | 7,979,073 | ||||||
Disposal group, including discontinued operation | 346,606 | 2,298,769 | |||||||
Other undisclosed current liabilities | (650,000) | (550,000) | 125,241 | 9,262,997 | |||||
Total current liabilities: | 262,075 | 170,095 | 277,893 | 1,063,286 | 3,967,329 | 87,782,243 | |||
Noncurrent Liabilities | |||||||||
Liabilities, other than long-term debt | 1,359,671 | ||||||||
Asset retirement obligations | 1,359,671 | ||||||||
Total noncurrent liabilities: | 1,359,671 | ||||||||
Total liabilities: | 262,075 | 170,095 | 277,893 | 1,063,286 | 3,967,329 | 89,141,914 | |||
Temporary equity, carrying amount | 72,170,150 | 50,125,262 | 48,676,221 | 47,330,539 | 45,907,692 | 44,649,612 | |||
Equity | |||||||||
Equity, attributable to parent | (30,366,922) | (28,117,187) | (25,911,407) | (23,959,748) | (21,924,724) | (79,621,456) | |||
Common stock | 40,524 | 40,524 | 40,524 | 40,524 | 40,525 | 40,663 | |||
Treasury stock, value | (94,424) | (94,424) | (94,424) | (94,424) | (94,424) | (94,424) | |||
Additional paid in capital | 179,240,658 | 180,825,733 | 182,275,243 | 183,621,322 | 185,044,673 | 186,321,871 | |||
Accumulated deficit | (209,553,680) | (208,889,020) | (208,132,750) | (207,527,170) | (206,915,498) | (265,889,566) | |||
Other undisclosed equity | (20,460,251) | ||||||||
Total equity: | (50,827,173) | (28,117,187) | (25,911,407) | (23,959,748) | (21,924,724) | (79,621,456) | |||
TOTAL LIABILITIES AND EQUITY: | 21,605,052 | 22,178,170 | 23,042,707 | 24,434,077 | 27,950,297 | 54,170,070 |
Income Statement (P&L) (USD)Annual | Quarterly
9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | ||
---|---|---|---|---|---|---|---|---|
Operating expenses | (700,146) | (756,780) | (686,132) | (1,212,887) | (1,345,241) | (1,143,421) | ||
Operating loss: | (700,146) | (756,780) | (686,132) | (1,212,887) | (1,345,241) | (1,143,421) | ||
Nonoperating income (expense) | 41,736 | 6,760 | (2,746,126) | 2,457 | 1,669 | (18,534) | ||
Other nonoperating income (expense) | 41,736 | 6,760 | 2,457 | 1,669 | (18,534) | |||
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 2,748,906 | (3,338) | ||||||
Loss from continuing operations before income taxes: | (658,410) | (750,020) | (683,352) | (1,210,430) | (1,346,910) | (1,161,955) | ||
Income tax expense | (6,250) | (6,250) | (6,250) | (6,250) | (6,250) | (6,250) | ||
Loss from continuing operations: | (664,660) | (756,270) | (689,602) | (1,216,680) | (1,353,160) | (1,168,205) | ||
Loss before gain (loss) on sale of properties: | (664,660) | (756,270) | (2,018,589) | (1,249,955) | (643,441) | (1,168,205) | ||
Income (loss) from discontinued operations | (1,328,987) | (33,275) | 709,719 | |||||
Net loss: | (664,660) | (756,270) | (2,018,589) | (1,249,955) | (643,441) | (1,168,205) | ||
Other undisclosed net income attributable to parent | 1,413,009 | 638,283 | 59,617,509 | 2,017,061 | ||||
Net income (loss) attributable to parent: | (664,660) | (756,270) | (605,580) | (611,672) | 58,974,068 | 848,856 | ||
Other undisclosed net loss available to common stockholders, basic | (1,585,075) | (1,449,510) | (1,346,079) | (1,423,352) | (1,258,570) | (1,245,187) | ||
Net income (loss) available to common stockholders, diluted: | (2,249,735) | (2,205,780) | (1,951,659) | (2,035,024) | 57,715,498 | (396,331) |
Comprehensive Income (USD)Annual | Quarterly
9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | ||
---|---|---|---|---|---|---|---|---|
Net loss: | (664,660) | (756,270) | (2,018,589) | (1,249,955) | (643,441) | (1,168,205) | ||
Comprehensive loss, net of tax, attributable to parent: | (664,660) | (756,270) | (2,018,589) | (1,249,955) | (643,441) | (1,168,205) |
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.