Norris Industries, Inc. (NRIS) financial statements (2021 and earlier)
Company profile
| Business Address |
102 PALO PINTO ST. WEATHERFORD, TX 76086 |
| State of Incorp. | NV |
| Fiscal Year End | February 28 |
| SIC | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 11/30/2019 Q3 | 8/31/2019 Q2 | 5/31/2019 Q1 | 2/28/2019 Q4 | 11/30/2018 Q3 | 8/31/2018 Q2 | 5/31/2018 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 68 | 82 | 141 | 126 | 52 | 70 | 206 | ||
| Cash and cash equivalents | 68 | 82 | 141 | 126 | 52 | 70 | 206 | ||
| Receivables | 78 | 72 | 83 | 71 | 41 | 131 | 58 | ||
| Other undisclosed current assets | 33 | 33 | 18 | ||||||
| Total current assets: | 146 | 154 | 224 | 197 | 127 | 234 | 281 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 8 | 9 | 10 | 11 | |||||
| Oil and gas property, full cost method | 2,556 | 2,620 | 2,414 | 2,457 | 2,605 | 2,618 | 2,632 | ||
| Total noncurrent assets: | 2,556 | 2,620 | 2,414 | 2,465 | 2,614 | 2,629 | 2,644 | ||
| TOTAL ASSETS: | 2,701 | 2,774 | 2,638 | 2,661 | 2,741 | 2,862 | 2,925 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 127 | 105 | 41 | 33 | 33 | 61 | 82 | ||
| Other undisclosed accounts payable and accrued liabilities | 127 | 105 | 41 | 33 | 33 | 61 | 82 | ||
| Due to related parties | 122 | 102 | 84 | 69 | 56 | 44 | 32 | ||
| Total current liabilities: | 249 | 207 | 125 | 102 | 90 | 105 | 115 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2,500 | 2,400 | 2,050 | 1,850 | 1,650 | 1,650 | 1,550 | ||
| Long-term debt, excluding current maturities | 2,500 | 2,400 | 2,050 | 1,850 | 1,650 | 1,650 | 1,550 | ||
| Liabilities, other than long-term debt | 88 | 86 | 86 | 93 | 91 | 89 | 86 | ||
| Asset retirement obligations | 88 | 86 | 86 | 93 | 91 | 89 | 86 | ||
| Total noncurrent liabilities: | 2,588 | 2,486 | 2,136 | 1,943 | 1,741 | 1,739 | 1,636 | ||
| Total liabilities: | 2,837 | 2,693 | 2,261 | 2,045 | 1,831 | 1,844 | 1,751 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | (135) | 80 | 378 | 617 | 910 | 1,019 | 1,174 | ||
| Common stock | 90 | 89 | 89 | 89 | 89 | 89 | 89 | ||
| Additional paid in capital | 6,280 | 6,273 | 6,237 | 6,183 | 6,129 | 6,075 | 6,021 | ||
| Accumulated deficit | (6,506) | (6,283) | (5,950) | (5,657) | (5,309) | (5,147) | (4,938) | ||
| Other undisclosed stockholders' equity attributable to parent | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| Total stockholders' equity: | (135) | 80 | 378 | 617 | 910 | 1,019 | 1,174 | ||
| TOTAL LIABILITIES AND EQUITY: | 2,701 | 2,774 | 2,638 | 2,661 | 2,741 | 2,862 | 2,925 | ||
Income statement (P&L) ($ in thousands)
| 11/30/2019 Q3 | 8/31/2019 Q2 | 5/31/2019 Q1 | 2/28/2019 Q4 | 11/30/2018 Q3 | 8/31/2018 Q2 | 5/31/2018 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Gross profit: | 166 | 149 | 119 | 89 | 137 | 148 | 126 | |
| Operating expenses | (370) | (464) | (400) | (423) | (283) | (345) | (317) | |
| Operating loss: | (203) | (315) | (281) | (335) | (147) | (197) | (191) | |
| Nonoperating expense | (20) | (18) | (12) | (13) | (16) | (12) | (12) | |
| Interest and debt expense | (20) | (18) | (15) | (13) | (16) | (12) | (12) | |
| Net loss: | (243) | (352) | (308) | (361) | (178) | (221) | (214) | |
| Other undisclosed net income attributable to parent | 20 | 18 | 15 | 13 | 16 | 12 | 12 | |
| Net loss available to common stockholders, diluted: | (223) | (333) | (293) | (348) | (162) | (209) | (202) | |
Comprehensive Income ($ in thousands)
| 11/30/2019 Q3 | 8/31/2019 Q2 | 5/31/2019 Q1 | 2/28/2019 Q4 | 11/30/2018 Q3 | 8/31/2018 Q2 | 5/31/2018 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (243) | (352) | (308) | (361) | (178) | (221) | (214) | |
| Comprehensive loss, net of tax, attributable to parent: | (243) | (352) | (308) | (361) | (178) | (221) | (214) | |
Statements sources
The financial statements are based on the company's filings with the 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.