Oro East Mining Inc (OROE) Financial Statements (2024 and earlier)

Company Profile

Business Address 1127 WEBSTER STREET, SUITE 28
OAKLAND, CA 94607
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 677 - Blank Checks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6,86224,4437,1499,38854,655188,155
Cash and cash equivalents6,86224,4437,1499,38854,655188,155
Inventory, net of allowances, customer advances and progress billings18,73418,73418,73418,73418,73418,734
Inventory18,73418,73418,73418,73418,73418,734
Prepaid expense45,29343,69343,69351,57155,60843,693
Other current assets127,421127,421127,421127,421127,421153,655
Total current assets:198,310214,291196,997207,114256,418404,237
Noncurrent Assets
Property, plant and equipment459,093492,357525,621558,918591,517624,781
Long-term investments and receivables442,526     
Long-term investments442,526     
Total noncurrent assets:901,619492,357525,621558,918591,517624,781
TOTAL ASSETS:1,099,929706,648722,618766,032847,9351,029,018
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities915,929787,902846,667530,805435,858363,637
Interest and dividends payable   221,790   
Accounts payable78,412103,73587,01879,71875,85283,018
Accrued liabilities837,517684,167537,859451,087360,006280,619
Debt1,128,4391,114,2171,120,0091,123,5801,122,4811,121,060
Due to related parties218,415218,415217,851204,907201,067199,589
Other undisclosed current liabilities1,722,0001,687,0001,373,9601,467,0001,367,0001,329,506
Total current liabilities:3,984,7833,807,5343,558,4873,326,2923,126,4063,013,792
Noncurrent Liabilities
Long-term debt and lease obligation    1,8528,03514,217
Long-term debt, excluding current maturities    1,8527,21112,197
Capital lease obligations     8242,020
Total noncurrent liabilities:    1,8528,03514,217
Total liabilities:3,984,7833,807,5343,558,4873,328,1443,134,4413,028,009
Equity
Equity, attributable to parent(2,795,228)(3,015,219)(2,754,382)(2,485,278)(2,214,521)(1,931,965)
Common stock60,47058,19358,18758,17658,17058,132
Additional paid in capital7,372,0706,873,7626,768,2646,705,5376,592,5636,502,451
Accumulated other comprehensive loss(24,135)(24,135)(24,135)(24,169)(24,124)(24,110)
Accumulated deficit(10,203,633)(9,923,039)(9,556,698)(9,224,822)(8,841,130)(8,468,438)
Equity, attributable to noncontrolling interest(89,626)(85,667)(81,487)(76,834)(71,985)(67,026)
Total equity:(2,884,854)(3,100,886)(2,835,869)(2,562,112)(2,286,506)(1,998,991)
TOTAL LIABILITIES AND EQUITY:1,099,929706,648722,618766,032847,9351,029,018

Income Statement (P&L) (USD)

9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
Revenues
(Other Income)
   1 627 
Gross profit:   1 627 
Operating expenses(196,646)(290,106)(252,917)(313,355)(296,551)(314,281)
Operating loss:(196,646)(290,106)(252,916)(313,355)(295,924)(314,281)
Nonoperating expense(87,907)(80,415)(83,612)(75,186)(81,100)(148,620)
Other nonoperating expense(87,907)(80,415)    
Interest and debt expense(80,433)(80,415)(83,613)(75,186)(81,727)(148,620)
Loss from continuing operations:(364,986)(450,936)(420,141)(463,727)(458,751)(611,521)
Loss before gain (loss) on sale of properties:(364,986)(450,936)(420,141)(463,727)(458,751)(611,521)
Other undisclosed net income80,43380,41583,61275,18681,100148,620
Net loss:(284,553)(370,521)(336,529)(388,541)(377,651)(462,901)
Net income attributable to noncontrolling interest3,9594,1804,6534,8494,9595,663
Net loss available to common stockholders, diluted:(280,594)(366,341)(331,876)(383,692)(372,692)(457,238)

Comprehensive Income (USD)

9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
Net loss:(284,553)(370,521)(336,529)(388,541)(377,651)(462,901)
Comprehensive loss:(284,553)(370,521)(336,529)(388,541)(377,651)(462,901)
Comprehensive income, net of tax, attributable to noncontrolling interest3,9594,1804,6534,8494,9595,663
Other undisclosed comprehensive income (loss), net of tax, attributable to parent   34(45)(14)5
Comprehensive loss, net of tax, attributable to parent:(280,594)(366,341)(331,842)(383,737)(372,706)(457,233)

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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