Puissant Industries Inc (PSSS) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
520 WHITLEY STREET LONDON, KY 40743 |
| State of Incorp. | FL |
| 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)
| 9/30/2014 MRQ | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 34 | 34 | |||
| Cash and cash equivalents | 34 | 34 | |||
| Receivables | 51 | 48 | |||
| Prepaid expense | 96 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | 310 | ||
| Other undisclosed current assets | (13) | ||||
| Total current assets: | 182 | 379 | |||
| Noncurrent Assets | |||||
| Property, plant and equipment | 656 | 400 | |||
| Other undisclosed noncurrent assets | (59) | (31) | |||
| Total noncurrent assets: | 596 | 369 | |||
| TOTAL ASSETS: | 778 | 748 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities, including: | 31 | 31 | |||
| Other undisclosed accounts payable and accrued liabilities | 31 | 31 | |||
| Debt | 4 | 4 | |||
| Due to related parties | 4 | 4 | |||
| Total current liabilities: | 40 | 39 | |||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 37 | 41 | |||
| Long-term debt, excluding current maturities | 37 | 41 | |||
| Other undisclosed noncurrent liabilities | 28 | 28 | |||
| Total noncurrent liabilities: | 65 | 69 | |||
| Total liabilities: | 105 | 108 | |||
| Equity | |||||
| Equity, attributable to parent | 673 | 640 | |||
| Common stock | 9 | 7 | |||
| Additional paid in capital | 1,127 | 885 | |||
| Accumulated deficit | (463) | (252) | |||
| Total equity: | 673 | 640 | |||
| TOTAL LIABILITIES AND EQUITY: | 778 | 748 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2014 TTM | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Revenues (Revenue, Net) | 473 | 440 | ||
| Gross profit: | 473 | 440 | ||
| Operating expenses | (674) | (480) | ||
| Other operating income (expense), net (Other Expenses) | 10 | (4) | ||
| Operating loss: | (192) | (44) | ||
| Interest and debt expense | (10) | 4 | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 370 | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | (202) | 330 | ||
| Other undisclosed loss from continuing operations before income taxes | (10) | (374) | ||
| Loss from continuing operations before income taxes: | (211) | (44) | ||
| Income tax benefit | 111 | |||
| Other undisclosed income from continuing operations | 151 | |||
| Income (loss) from continuing operations: | (211) | 219 | ||
| Income (loss) before gain (loss) on sale of properties: | (211) | 219 | ||
| Net income (loss): | (211) | 219 | ||
| Other undisclosed net loss attributable to parent | (263) | |||
| Net loss available to common stockholders, diluted: | (211) | (44) | ||
Comprehensive Income ($ in thousands)
| 9/30/2014 TTM | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Net income (loss): | (211) | 219 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (211) | 219 | ||
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.