American Sands Energy Corp (MVNTD) Financial Statements (2024 and earlier)

Company Profile

Business Address 201 S. MAIN ST.
SALT LAKE CITY, UT 84111
State of Incorp. DE
Fiscal Year End March 31
Industry (SIC) 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

6/30/2015
MRQ
3/31/2015
3/31/2014
3/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 191,4603,521,00759,981
Cash and cash equivalents 191,4603,521,00759,981
Other undisclosed current assets 256,324(1,259,502)325,151
Total current assets: 447,7842,261,505385,132
Noncurrent Assets
Property, plant and equipment 1,7445181,922
Other noncurrent assets 451,69038,200
Prepaid expense and other noncurrent assets306,640
Total noncurrent assets: 453,43438,718308,562
TOTAL ASSETS: 901,2182,300,223693,694
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 423,962393,5362,010,961
Employee-related liabilities  107,367 
Accounts payable 323,247177,799457,855
Accrued liabilities 100,715108,3701,553,106
Debt  2,228 
Derivative instruments and hedges, liabilities 691,859  
Other undisclosed current liabilities (691,859)(107,367) 
Total current liabilities: 423,962288,3972,010,961
Noncurrent Liabilities
Long-term debt and lease obligation   1,515,000
Long-term debt, excluding current maturities   1,515,000
Liabilities, other than long-term debt  109,421 
Derivative instruments and hedges, liabilities  109,421 
Other undisclosed noncurrent liabilities 691,859 1,631,029
Total noncurrent liabilities: 691,859109,4213,146,029
Total liabilities: 1,115,821397,8185,156,990
Equity
Equity, attributable to parent, including: (214,603)1,902,405(4,463,296)
Common stock 33,39430,93528,991
Additional paid in capital 17,650,42616,421,2886,706,565
Accumulated deficit (17,902,541)  
Other undisclosed equity, attributable to parent 4,118(14,549,818)(11,198,852)
Total equity: (214,603)1,902,405(4,463,296)
TOTAL LIABILITIES AND EQUITY: 901,2182,300,223693,694

Income Statement (P&L) (USD)

6/30/2015
TTM
3/31/2015
3/31/2014
3/31/2013
Gross profit: (276,880)(179,069)(212,918)
Operating expenses (2,694,841)(3,103,321)(2,111,403)
Other undisclosed operating income 276,880179,069212,918
Operating loss: (2,694,841)(3,103,321)(2,111,403)
Nonoperating expense (1,255,746)(250,854)(357,538)
Investment income, nonoperating (628,723)  
Debt instrument, convertible, beneficial conversion feature  873,589 
Other nonoperating expense (627,023)  
Interest and debt expense 1,700(857,664)(557,538)
Other undisclosed income from continuing operations before equity method investments, income taxes 627,023857,664557,538
Loss from continuing operations before income taxes: (3,321,864)(3,354,175)(2,468,941)
Income tax expense (506)(1,203)(131)
Loss from continuing operations: (3,322,370)(3,355,378)(2,469,072)
Loss before gain (loss) on sale of properties: (3,322,370)(3,355,378)(2,469,072)
Net loss attributable to parent: (3,322,370)(3,355,378)(2,469,072)
Other undisclosed net loss available to common stockholders, basic (335,315)(73,600) 
Net loss available to common stockholders, diluted: (3,657,685)(3,428,978)(2,469,072)

Comprehensive Income (USD)

6/30/2015
TTM
3/31/2015
3/31/2014
3/31/2013
Net loss: (3,322,370)(3,355,378)(2,469,072)
Comprehensive loss, net of tax, attributable to parent: (3,322,370)(3,355,378)(2,469,072)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: