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 3434
Cash and cash equivalents 3434
Receivables 5148
Prepaid expense 96
Prepaid expense and other current assets310
Other undisclosed current assets  (13)
Total current assets: 182379
Noncurrent Assets
Property, plant and equipment 656400
Other undisclosed noncurrent assets (59)(31)
Total noncurrent assets: 596369
TOTAL ASSETS: 778748
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 3131
Other undisclosed accounts payable and accrued liabilities 3131
Debt 44
Due to related parties 44
Total current liabilities: 4039
Noncurrent Liabilities
Long-term debt and lease obligation 3741
Long-term debt, excluding current maturities 3741
Other undisclosed noncurrent liabilities 2828
Total noncurrent liabilities: 6569
Total liabilities: 105108
Equity
Equity, attributable to parent 673640
Common stock 97
Additional paid in capital 1,127885
Accumulated deficit (463)(252)
Total equity: 673640
TOTAL LIABILITIES AND EQUITY: 778748

Income Statement (P&L) ($ in thousands)

9/30/2014
TTM
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
 473440
Gross profit: 473440
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.

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