Mirage Energy Corp (MRGE) Financial Statements (2026 and earlier)

Company Profile

Business Address 900 ISOM, SUITE 306
SAN ANTONIO, TX 78216
State of Incorp. NV
Fiscal Year End July 31
Industry (SIC) 4922 - Natural Gas Transmission (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

7/31/2021
7/31/2020
7/31/2019
7/31/2018
7/31/2017
7/31/2016
7/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments167701312426
Cash and cash equivalent167701312426
Receivables     2 
Prepaid expense10222  
Total current assets:177721613526
Noncurrent Assets
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization 1356  
Deposits noncurrent assets7777  
Total noncurrent assets:8101213  
TOTAL ASSETS:185822726526
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:836660480337192
Employee-related liabilities1,7951,8621,413855  
Other undisclosed accounts payable and accrued liabilities(959)(1,202)(933)(517)192
Debt410710540292  
Other liabilities      10
Due to related parties   155209  
Other undisclosed current liabilities1,7941,8611,208596  
Total current liabilities:3,0413,2312,3831,4341912
Noncurrent Liabilities
Long-term debt and lease obligation1  50  
Long-term debt, excluding current maturities1  50  
Other undisclosed noncurrent liabilities  150   
Total noncurrent liabilities:115050  
Total liabilities:3,0423,2322,4331,4841912
Commitments and contingencies    25  
Equity
Equity, attributable to parent(2,857)(3,150)(2,406)(1,457)(13)14
Preferred stock10101010  
Common stock46340734331088
Common stock, value, subscriptions (20)     
Additional paid in capital8,5972,986581666363
Accumulated other comprehensive loss(0)(0)(0)(0)(1)(1)
Accumulated deficit(11,907)(6,553)(3,339)(1,843)(84)(57)
Other undisclosed equity    (25)  
Total equity:(2,857)(3,150)(2,406)(1,482)(13)14
TOTAL LIABILITIES AND EQUITY:185822726526

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

7/31/2021
7/31/2020
7/31/2019
7/31/2018
7/31/2017
7/31/2016
7/31/2015
Revenues
(Revenue, Net)
     2916
Cost of revenue
(Cost of Product and Service Sold)
     (24)(9)
Gross profit:     47
Operating expenses(1,029)(1,483)(1,065)(1,386)(40)(49)
Other operating expense, net
(Other Expenses)
  (1,731)    
Other undisclosed operating income  1,731    
Operating loss:(1,029)(1,483)(1,065)(1,386)(36)(42)
Nonoperating income (expense)4,325 431(9) (10)
Other nonoperating income4,325     
Interest and debt expense  (50)431(9)  
Income (loss) from continuing operations before equity method investments, income taxes:3,297(1,533)(204)(1,404)(36)(52)
Other undisclosed income (loss) from continuing operations before income taxes   (1,292)9  
Income (loss) from continuing operations:3,297(1,533)(1,496)(1,395)(36)(52)
Income (loss) before gain (loss) on sale of properties:3,297(1,533)(1,496)(1,395)(36)(52)
Net income (loss):3,297(1,533)(1,496)(1,395)(36)(52)
Other undisclosed net income (loss) attributable to parent(8,651)(1,681)  9 
Net loss available to common stockholders, diluted:(5,354)(3,214)(1,496)(1,395)(27)(52)

Comprehensive Income ($ in thousands)

7/31/2021
7/31/2020
7/31/2019
7/31/2018
7/31/2017
7/31/2016
7/31/2015
Net income (loss):3,297(1,533)(1,496)(1,395)(36)(52)
Comprehensive income (loss):3,297(1,533)(1,496)(1,395)(36)(52)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent    (0)8(1)
Comprehensive income (loss), net of tax, attributable to parent:3,297(1,533)(1,496)(1,395)(28)(53)

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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