Nitro Petroleum Inc (IGMC) Financial Statements (2024 and earlier)
Company Profile
Business Address |
260 -7250 EXPRESS WAY OKLAHOMA CITY, OK 73132 |
State of Incorp. | |
Fiscal Year End | January 31 |
Industry (SIC) | 10 - Metal Mining (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
10/31/2014 Q3 | 7/31/2014 Q2 | 4/30/2014 Q1 | 1/31/2014 Q4 | 10/31/2013 Q3 | 7/31/2013 Q2 | 4/30/2013 Q1 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 34 | 20 | 191 | 617 | 550 | 152 | |||
Cash and cash equivalents | 34 | 20 | 191 | 617 | 550 | 152 | |||
Receivables | 466 | 526 | 412 | 470 | 516 | 303 | |||
Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 3 | ||
Other current assets | 3 | 6 | |||||||
Total current assets: | 500 | 546 | 603 | 1,090 | 1,072 | 457 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 40 | 37 | 38 | 35 | 37 | 37 | |||
Oil and gas property, full cost method | 2,269 | 2,140 | 2,167 | 2,121 | 1,911 | 1,112 | |||
Total noncurrent assets: | 2,309 | 2,177 | 2,205 | 2,156 | 1,948 | 1,149 | |||
TOTAL ASSETS: | 2,809 | 2,723 | 2,807 | 3,246 | 3,020 | 1,606 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 687 | 779 | 860 | 837 | 803 | 570 | |||
Accounts payable | 366 | 462 | 508 | 589 | 474 | 266 | |||
Accrued liabilities | 321 | 317 | 352 | 248 | 330 | 303 | |||
Debt | 127 | 78 | 41 | 29 | 65 | 78 | |||
Due to related parties | 1 | 3 | 2 | 1 | 0 | 0 | |||
Other undisclosed current liabilities | 289 | ||||||||
Total current liabilities: | 814 | 860 | 903 | 867 | 868 | 937 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 175 | 175 | 175 | ||||||
Long-term debt, excluding current maturities | 175 | 175 | 175 | ||||||
Liabilities, other than long-term debt | 33 | 32 | 31 | 28 | 26 | 45 | |||
Asset retirement obligations | 33 | 32 | 31 | 28 | 26 | 45 | |||
Due to related parties | |||||||||
Other undisclosed noncurrent liabilities | 175 | ||||||||
Total noncurrent liabilities: | 33 | 207 | 206 | 203 | 201 | 45 | |||
Total liabilities: | 847 | 1,067 | 1,109 | 1,070 | 1,069 | 982 | |||
Equity | |||||||||
Equity, attributable to parent, including: | 1,962 | 1,656 | 1,698 | 2,176 | 1,951 | 624 | |||
Common stock | 7 | 7 | 7 | 7 | 7 | 5 | |||
Treasury stock, value | (6) | (6) | (6) | (6) | (1) | (1) | |||
Additional paid in capital | 8,616 | 8,616 | 8,614 | 8,538 | 8,059 | 7,058 | |||
Accumulated deficit | (6,656) | (6,962) | (6,917) | (6,365) | (6,554) | (6,536) | |||
Other undisclosed equity, attributable to parent | 0 | 0 | 440 | 98 | |||||
Total equity: | 1,962 | 1,656 | 1,698 | 2,176 | 1,951 | 624 | |||
TOTAL LIABILITIES AND EQUITY: | 2,809 | 2,723 | 2,807 | 3,246 | 3,020 | 1,606 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
10/31/2014 Q3 | 7/31/2014 Q2 | 4/30/2014 Q1 | 1/31/2014 Q4 | 10/31/2013 Q3 | 7/31/2013 Q2 | 4/30/2013 Q1 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 565 | 167 | 113 | 613 | 416 | 122 | ||
Revenue, net | 201 | 167 | 89 | 331 | 39 | 122 | ||
Cost of revenue | (497) | (23) | (95) | (88) | (124) | (195) | ||
Cost of goods and services sold | (88) | (18) | (79) | (104) | (181) | |||
Gross profit: | 68 | 144 | 19 | 525 | 292 | (72) | ||
Operating expenses | 238 | (189) | (1,122) | (336) | (310) | (272) | ||
Other undisclosed operating income | 563 | |||||||
Operating income (loss): | 306 | (45) | (540) | 190 | (18) | (344) | ||
Interest and debt expense | (4) | (5) | (4) | (4) | ||||
Income (loss) from continuing operations: | 306 | (49) | (545) | 185 | (21) | (344) | ||
Income (loss) before gain (loss) on sale of properties: | 306 | (49) | (545) | 185 | (21) | (344) | ||
Net income (loss): | 306 | (49) | (545) | 185 | (21) | (344) | ||
Other undisclosed net income (loss) attributable to parent | 4 | (8) | 4 | 4 | ||||
Net income (loss) available to common stockholders, diluted: | 306 | (45) | (553) | 190 | (18) | (344) |
Comprehensive Income ($ in thousands)Annual | Quarterly
10/31/2014 Q3 | 7/31/2014 Q2 | 4/30/2014 Q1 | 1/31/2014 Q4 | 10/31/2013 Q3 | 7/31/2013 Q2 | 4/30/2013 Q1 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | 306 | (49) | (545) | 185 | (21) | (344) | ||
Comprehensive income (loss), net of tax, attributable to parent: | 306 | (49) | (545) | 185 | (21) | (344) |
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.