Texstar Oil Corp (MENA) Financial Statements (2025 and earlier)

Company Profile

Business Address 5190 N. CENTRAL EXPRESSWAY
DALLAS, TX 75206
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 7948 - Racing, Including Track Operation (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
12/31/2012
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments12613120074  
Cash and cash equivalents12613120074  
Total current assets:12613120074  
Noncurrent Assets
TOTAL ASSETS:12613120074  
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities34,89020,89339,40768,63697,497 
Accounts payable34,89020,89339,40768,63697,497 
Accrued liabilities      
Due to related parties338,231331,929290,043231,935122,550 
Total current liabilities:373,121352,822329,450300,571220,047 
Noncurrent Liabilities
Total liabilities:373,121352,822329,450300,571220,047 
Equity
Equity, attributable to parent, including:(372,995)(352,691)(329,250)(300,497)(220,047) 
Preferred stock5,0055,0055,0055,0055,005 
Common stock27,63427,63427,63427,63427,634 
Additional paid in capital2,188,6712,188,6712,188,6712,188,6712,188,671 
Accumulated deficit(312,409)(312,409)(312,409)(312,409)(312,409) 
Other undisclosed equity, attributable to parent (2,281,896)(2,261,592)(2,238,151)(2,209,398)(2,128,948) 
Total equity:(372,995)(352,691)(329,250)(300,497)(220,047) 
TOTAL LIABILITIES AND EQUITY:12613120074  

Income Statement (P&L) (USD)

6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
12/31/2012
Q4
Operating expenses(20,304)(74,810)(501,355)(547,917)(518,665) 
Operating loss:(20,304)(74,810)(501,355)(547,917)(518,665) 
Loss from continuing operations:(20,304)(74,810)(501,355)(547,917)(518,665) 
Loss before gain (loss) on sale of properties:(20,304)(74,810)(501,355)(547,917)(518,665) 
Net loss available to common stockholders, diluted:(20,304)(74,810)(501,355)(547,917)(518,665) 

Comprehensive Income (USD)

6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
6/30/2013
Q2
3/31/2013
Q1
12/31/2012
Q4
Net loss:(20,304)(74,810)(501,355)(547,917)(518,665) 
Comprehensive loss, net of tax, attributable to parent:(20,304)(74,810)(501,355)(547,917)(518,665) 

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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