Omagine Inc (OMAG) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
136 MADISON AVENUE NEW YORK, NY 10116 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 65 - Real Estate (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1 | 12 | 5 | 229 | 12 | 353 | 322 | ||
| Cash and cash equivalents | 1 | 12 | 5 | 229 | 12 | 353 | 322 | ||
| Prepaid expense | 0 | 11 | |||||||
| Derivative instruments and hedges, assets | 59 | 59 | |||||||
| Other undisclosed current assets | 490,821 | 490,828 | 490,882 | 490,815 | 490,824 | 490,813 | 490,813 | ||
| Total current assets: | 490,880 | 490,899 | 490,887 | 491,044 | 490,837 | 491,167 | 491,146 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 227,805 | 227,805 | 227,806 | 227,807 | 227,808 | 227,809 | 227,811 | ||
| Other noncurrent assets | 4 | 4 | 4 | 4 | 4 | 8 | 4 | ||
| Total noncurrent assets: | 227,809 | 227,809 | 227,810 | 227,811 | 227,812 | 227,817 | 227,814 | ||
| TOTAL ASSETS: | 718,688 | 718,708 | 718,697 | 718,855 | 718,649 | 718,983 | 718,960 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,314 | 1,124 | 1,000 | 1,084 | 1,144 | 797 | 880 | ||
| Employee-related liabilities | 535 | 463 | 410 | 420 | 368 | 316 | 406 | ||
| Accounts payable | 779 | 661 | 590 | 664 | 777 | 481 | 474 | ||
| Debt | 185 | 185 | 178 | 163 | |||||
| Derivative instruments and hedges, liabilities | 59 | 59 | |||||||
| Other undisclosed current liabilities | 1,406 | 1,326 | 1,282 | 1,422 | 1,162 | 1,285 | 1,099 | ||
| Total current liabilities: | 2,963 | 2,693 | 2,459 | 2,668 | 2,307 | 2,081 | 1,980 | ||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 2,963 | 2,693 | 2,459 | 2,668 | 2,307 | 2,081 | 1,980 | ||
| Equity | |||||||||
| Equity, attributable to parent | 428,649 | 428,935 | 429,154 | 429,098 | 429,312 | 429,758 | 429,833 | ||
| Common stock | 22 | 22 | 22 | 20 | 20 | 20 | 19 | ||
| Additional paid in capital | 471,359 | 471,145 | 470,994 | 470,351 | 469,794 | 469,564 | 468,878 | ||
| Accumulated deficit | (42,732) | (42,232) | (41,862) | (41,273) | (40,503) | (39,826) | (39,064) | ||
| Equity, attributable to noncontrolling interest | 287,076 | 287,080 | 287,084 | 287,089 | 287,031 | 287,144 | 287,148 | ||
| Total equity: | 715,725 | 716,015 | 716,238 | 716,187 | 716,342 | 716,902 | 716,981 | ||
| TOTAL LIABILITIES AND EQUITY: | 718,688 | 718,708 | 718,697 | 718,855 | 718,649 | 718,983 | 718,960 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Gross profit: | (112) | (51) | (10) | (146) | (178) | (360) | (61) | |
| Operating expenses | (258) | (275) | (515) | (404) | (560) | (371) | (645) | |
| Operating loss: | (370) | (326) | (525) | (551) | (739) | (731) | (707) | |
| Nonoperating expense | (134) | (48) | (69) | (161) | (52) | (35) | (37) | |
| Interest and debt expense | (31) | (20) | (23) | (24) | (27) | (20) | (14) | |
| Loss from continuing operations: | (535) | (393) | (618) | (735) | (817) | (785) | (757) | |
| Loss before gain (loss) on sale of properties: | (535) | (393) | (618) | (735) | (817) | (785) | (757) | |
| Other undisclosed net income | 31 | 20 | 23 | 24 | 27 | 20 | 14 | |
| Net loss: | (504) | (374) | (594) | (712) | (790) | (766) | (744) | |
| Net income (loss) attributable to noncontrolling interest | 4 | 4 | 5 | (59) | 113 | 4 | 22 | |
| Net loss available to common stockholders, diluted: | (500) | (369) | (589) | (771) | (677) | (762) | (721) | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (504) | (374) | (594) | (712) | (790) | (766) | (744) | |
| Comprehensive loss: | (504) | (374) | (594) | (712) | (790) | (766) | (744) | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 4 | 4 | 5 | (59) | 113 | 4 | 22 | |
| Comprehensive loss, net of tax, attributable to parent: | (500) | (369) | (589) | (771) | (677) | (762) | (721) | |
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.