Petrosonic Energy Inc (PSON) financial statements (2021 and earlier)
Company profile
| Business Address |
914 WESTWOOD BOULEVARD, NUMBER 545 LOS ANGELES, CA 90024 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| SIC | 2911 - Petroleum Refining (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 118 | 445 | 1,008 | |||
| Cash and cash equivalents | 118 | 445 | 1,008 | |||
| Receivables | 26 | 34 | 51 | |||
| Inventory, net of allowances, customer advances and progress billings | 76 | 76 | ✕ | |||
| Inventory | 76 | 76 | ||||
| Prepaid expense | 10 | 19 | 54 | ✕ | ||
| Other current assets | 16 | 24 | ✕ | |||
| Total current assets: | 154 | 589 | 1,212 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 718 | 1,179 | 735 | |||
| Other undisclosed noncurrent assets | 70 | 70 | ||||
| Total noncurrent assets: | 788 | 1,249 | 735 | |||
| TOTAL ASSETS: | 154 | 1,377 | 2,460 | 735 | ||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 725 | 697 | 632 | |||
| Accounts payable | 340 | 432 | 457 | |||
| Accrued liabilities | 385 | 266 | 175 | |||
| Due to related parties | 37 | 6 | ||||
| Other undisclosed current liabilities | 200 | 200 | 206 | |||
| Total current liabilities: | 962 | 903 | 838 | |||
| Noncurrent Liabilities | ||||||
| Total liabilities: | 962 | 903 | 838 | |||
| Stockholders' equity | ||||||
| Stockholders' equity attributable to parent, including: | (759) | 483 | 1,396 | |||
| Common stock | 90 | 90 | 80 | |||
| Common stock, share subscribed but unissued, subscriptions receivable | (140) | |||||
| Additional paid in capital | 5,853 | 5,683 | 4,973 | |||
| Accumulated other comprehensive loss | (224) | (293) | (377) | |||
| Accumulated deficit | (6,338) | (4,856) | (3,140) | |||
| Other undisclosed stockholders' equity attributable to parent | (140) | (140) | ||||
| Stockholders' equity attributable to noncontrolling interest | (50) | (9) | 227 | |||
| Total stockholders' equity: | (808) | 474 | 1,623 | |||
| TOTAL LIABILITIES AND EQUITY: | 154 | 1,377 | 2,460 | |||
Income statement (P&L) ($ in thousands)
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Operating expenses | (1,500) | (1,508) | |||
| Other undisclosed operating income | 597 | ||||
| Operating income (loss): | (1,500) | (1,508) | 597 | ||
| Nonoperating income (expense) | (22) | (444) | 214 | 214 | |
| Debt instrument, convertible, beneficial conversion feature | 214 | 214 | |||
| Interest and debt expense | (22) | (20) | 28 | ||
| Income (loss) before gain (loss) on sale of properties: | (1,544) | (1,972) | 242 | 811 | |
| Other undisclosed net income (loss) | 22 | 20 | (2,857) | ||
| Net income (loss): | (1,522) | (1,952) | (2,615) | 811 | |
| Net income attributable to noncontrolling interest | 41 | 236 | |||
| Net income (loss) available to common stockholders, diluted: | (1,481) | (1,716) | (2,615) | 811 | |
Comprehensive Income ($ in thousands)
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net income (loss): | (1,522) | (1,952) | (2,615) | 811 | |
| Other comprehensive loss | (69) | (84) | |||
| Other undisclosed comprehensive income | 138 | 167 | |||
| Comprehensive income (loss): | (1,453) | (1,869) | (2,615) | 811 | |
| Comprehensive income, net of tax, attributable to noncontrolling interest | 41 | 236 | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,412) | (1,633) | (2,615) | 811 | |
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.