Methes Energies International LTD (MEIL) Financial Statements (2024 and earlier)

Company Profile

Business Address 3651 LINDELL ROAD
LAS VEGAS, NV 89103
State of Incorp. NV
Fiscal Year End November 30
Industry (SIC) 286 - Industrial Organic Chemicals (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

8/31/2015
MRQ
11/30/2014
11/30/2013
11/30/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 66174403
Cash and cash equivalents 66174403
Receivables 2481,155303
Inventory, net of allowances, customer advances and progress billings 4118011,197
Inventory 4118011,197
Prepaid expense 4285
Deferred costs   26
Prepaid expense and other current assets101
Other undisclosed current assets  49 
Total current assets: 7662,2642,030
Noncurrent Assets
Property, plant and equipment 7,8468,1798,232
Intangible assets, net (including goodwill), including: 373393413
Intangible assets, net (excluding goodwill) 373 312
Other undisclosed intangible assets, net (including goodwill)  393101
Other undisclosed noncurrent assets 193014
Total noncurrent assets: 8,2378,6028,659
TOTAL ASSETS: 9,00310,86610,689
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 8492,9781,763
Accounts payable 634 1,128
Accrued liabilities 214 635
Other undisclosed accounts payable and accrued liabilities  2,978 
Debt 1,1801,9621,510
Due to related parties 81  
Customer advances and deposits 145
Other undisclosed current liabilities  3,2791,618
Total current liabilities: 2,2558,2194,890
Noncurrent Liabilities
Long-term debt and lease obligation 1,837  
Long-term debt, excluding current maturities 1,837  
Liabilities, other than long-term debt 772  
Due to related parties 772  
Total noncurrent liabilities: 2,609  
Total liabilities: 4,8648,2194,890
Equity
Equity, attributable to parent 4,1392,6485,799
Preferred stock 00 
Common stock 1277
Additional paid in capital 26,34318,53316,033
Accumulated deficit (22,215)(15,893)(10,241)
Total equity: 4,1392,6485,799
TOTAL LIABILITIES AND EQUITY: 9,00310,86610,689

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

8/31/2015
TTM
11/30/2014
11/30/2013
11/30/2012
Revenues
(Revenue, Net)
 5,4528,8706,550
Cost of revenue (5,701)(8,640)(6,343)
Cost of goods and services sold (5,681)(8,640)(6,343)
Other undisclosed gross profit 212310344
Gross profit: (37)539551
Operating expenses (6,220)(6,130)(4,529)
Operating loss: (6,257)(5,590)(3,978)
Interest and debt expense 493526(250)
Loss from continuing operations before equity method investments, income taxes: (5,764)(5,065)(4,228)
Other undisclosed income (loss) from continuing operations before income taxes (542)(587)262
Loss from continuing operations: (6,306)(5,652)(3,967)
Loss before gain (loss) on sale of properties: (6,306)(5,652)(3,967)
Net loss available to common stockholders, diluted: (6,306)(5,652)(3,967)

Comprehensive Income ($ in thousands)

8/31/2015
TTM
11/30/2014
11/30/2013
11/30/2012
Net loss: (6,306)(5,652)(3,967)
Comprehensive loss, net of tax, attributable to parent: (6,306)(5,652)(3,967)

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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