Petroshare Corp (PRHR) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
9635 MAROON CIRCLE ENGLEWOOD, CO 80112 |
| State of Incorp. | CO |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2019 MRQ | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 2,637 | 714 | 2,449 | 3,011 | |||
| Cash and cash equivalents | 2,637 | 714 | 2,449 | 3,011 | |||
| Receivables | 496 | 829 | 240 | ||||
| Asset, held-for-sale, not part of disposal group | 16,091 | ||||||
| Other undisclosed current assets | 12,996 | 1,896 | 1,671 | 414 | |||
| Total current assets: | 32,220 | 3,438 | 4,361 | 3,425 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 115 | 168 | 40 | 2 | |||
| Oil and gas, successful efforts method, property and equipment, after accumulated depreciation, depletion, amortization, and impairment | 29,872 | 31,073 | 13,610 | 756 | |||
| Other noncurrent assets | 357 | 234 | 16 | 4 | |||
| Total noncurrent assets: | 30,345 | 31,475 | 13,666 | 762 | |||
| TOTAL ASSETS: | 62,564 | 34,913 | 18,027 | 4,187 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities, including: | 24,385 | 4,140 | 3,009 | 313 | |||
| Interest and dividends payable | 876 | 302 | 49 | ||||
| Accounts payable | 2,501 | 148 | |||||
| Other undisclosed accounts payable and accrued liabilities | 21,884 | 3,116 | 2,707 | 264 | |||
| Debt | 29,540 | 6,832 | 7,089 | ||||
| Derivative instruments and hedges, liabilities | 242 | ||||||
| Asset retirement obligation | 844 | 289 | |||||
| Due to related parties | 7,625 | 589 | |||||
| Other undisclosed current liabilities | 2,501 | 9,381 | 379 | 1 | |||
| Total current liabilities: | 65,137 | 21,231 | 10,477 | 314 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 4,897 | 5,815 | 1,062 | ||||
| Long-term debt, excluding current maturities | 4,897 | 5,815 | 1,062 | ||||
| Liabilities, other than long-term debt | 1,695 | 902 | 969 | 35 | |||
| Asset retirement obligations | 1,246 | 835 | 945 | 35 | |||
| Other liabilities | 448 | 67 | 23 | ||||
| Total noncurrent liabilities: | 1,695 | 5,798 | 6,784 | 1,097 | |||
| Total liabilities: | 66,832 | 27,030 | 17,260 | 1,411 | |||
| Equity | |||||||
| Equity, attributable to parent | (4,267) | 7,883 | 766 | 2,776 | |||
| Common stock | 28 | 28 | 22 | 22 | |||
| Additional paid in capital | 33,711 | 28,554 | 10,593 | 8,124 | |||
| Accumulated deficit | (38,006) | (20,698) | (9,849) | (5,370) | |||
| Total equity: | (4,267) | 7,883 | 766 | 2,776 | |||
| TOTAL LIABILITIES AND EQUITY: | 62,564 | 34,913 | 18,027 | 4,187 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|
| Revenues | 20,404 | 11,108 | 333 | 1 | ||
| Revenue, net | ✕ | ✕ | 11,108 | 333 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (723) | (168) | (32) | |||
| Gross profit: | 20,404 | 10,385 | 165 | (31) | ||
| Operating expenses | (25,963) | (10,929) | (4,492) | (1,476) | ||
| Other undisclosed operating income | 723 | 168 | 32 | |||
| Operating income (loss): | (5,560) | 179 | (4,159) | (1,475) | ||
| Nonoperating income (expense) | (9,475) | (6,697) | (320) | 0 | ||
| Investment income, nonoperating | 0 | |||||
| Debt instrument, convertible, beneficial conversion feature | 2,273 | 4,329 | ||||
| Other nonoperating expense | (11,748) | (11,026) | (320) | |||
| Interest and debt expense | (13,074) | (9,294) | (321) | (49) | ||
| Loss from continuing operations: | (28,109) | (15,812) | (4,800) | (1,523) | ||
| Loss before gain (loss) on sale of properties: | (28,109) | (15,812) | (4,800) | (1,523) | ||
| Other undisclosed net income | 10,802 | 4,964 | ||||
| Net loss: | (17,308) | (10,847) | (4,800) | (1,523) | ||
| Other undisclosed net income attributable to parent | 321 | |||||
| Net loss available to common stockholders, diluted: | (17,308) | (10,847) | (4,479) | (1,523) | ||
Comprehensive Income ($ in thousands)
| 6/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|
| Net loss: | (17,308) | (10,847) | (4,800) | (1,523) | ||
| Comprehensive loss, net of tax, attributable to parent: | (17,308) | (10,847) | (4,800) | (1,523) | ||
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.