Puissant Industries Inc (PSSS) Financial Statements (2023 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)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 31 | 93 | 45 | 34 | 57 | 23 | 18 | ||
| Cash and cash equivalents | 31 | 93 | 45 | 34 | 57 | 23 | 18 | ||
| Receivables | 62 | 68 | 80 | 51 | 48 | 43 | 50 | ||
| Prepaid expense | 195 | 195 | 200 | 96 | 182 | ||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 214 | 253 | ||
| Other undisclosed current assets | 0 | ||||||||
| Total current assets: | 287 | 355 | 325 | 182 | 287 | 280 | 322 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 698 | 625 | 625 | 656 | 597 | 546 | 501 | ||
| Other undisclosed noncurrent assets | (59) | (77) | (59) | (40) | |||||
| Total noncurrent assets: | 698 | 625 | 625 | 596 | 520 | 487 | 461 | ||
| TOTAL ASSETS: | 985 | 980 | 950 | 778 | 807 | 767 | 783 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 53 | 46 | 31 | 31 | 28 | 24 | 158 | ||
| Other undisclosed accounts payable and accrued liabilities | 53 | 46 | 31 | 31 | 28 | 24 | 158 | ||
| Debt | 4 | 4 | 4 | 4 | 4 | 4 | 4 | ||
| Due to related parties | 4 | 4 | 4 | 4 | 4 | 4 | 4 | ||
| Total current liabilities: | 61 | 54 | 39 | 40 | 37 | 32 | 166 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 36 | 36 | 36 | 37 | 38 | 39 | 40 | ||
| Long-term debt, excluding current maturities | 36 | 36 | 36 | 37 | 38 | 39 | 40 | ||
| Other undisclosed noncurrent liabilities | 28 | 28 | 28 | 28 | 28 | 28 | 28 | ||
| Total noncurrent liabilities: | 64 | 64 | 64 | 65 | 66 | 67 | 68 | ||
| Total liabilities: | 125 | 118 | 103 | 105 | 103 | 99 | 235 | ||
| Equity | |||||||||
| Equity, attributable to parent | 859 | 862 | 847 | 673 | 705 | 668 | 548 | ||
| Common stock | 10 | 10 | 10 | 9 | 9 | 9 | 7 | ||
| Additional paid in capital | 1,294 | 1,294 | 1,294 | 1,127 | 1,127 | 1,037 | 885 | ||
| Accumulated deficit | (444) | (441) | (457) | (463) | (432) | (378) | (344) | ||
| Total equity: | 859 | 862 | 847 | 673 | 705 | 668 | 548 | ||
| TOTAL LIABILITIES AND EQUITY: | 985 | 980 | 950 | 778 | 807 | 767 | 783 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 164 | 190 | 174 | 115 | 125 | 122 | 111 | |
| Gross profit: | 164 | 190 | 174 | 115 | 125 | 122 | 111 | |
| Operating expenses | (160) | (165) | (166) | (144) | (176) | (155) | (199) | |
| Other operating income (expense), net (Other Expenses) | (2) | (2) | (2) | 18 | (2) | (2) | (4) | |
| Other undisclosed operating income | 451 | |||||||
| Operating income (loss): | 3 | 23 | 457 | (12) | (53) | (35) | (92) | |
| Interest and debt expense | 2 | 2 | 2 | (18) | 2 | 2 | 4 | |
| Income (loss) from continuing operations before equity method investments, income taxes: | 5 | 25 | 459 | (30) | (51) | (33) | (88) | |
| Other undisclosed loss from continuing operations before income taxes | (2) | (2) | (452) | (2) | (2) | (2) | (4) | |
| Income (loss) from continuing operations: | 3 | 23 | 6 | (31) | (53) | (35) | (92) | |
| Income (loss) before gain (loss) on sale of properties: | 3 | 23 | 6 | (31) | (53) | (35) | (92) | |
| Net income (loss) available to common stockholders, diluted: | 3 | 23 | 6 | (31) | (53) | (35) | (92) | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 3 | 23 | 6 | (31) | (53) | (35) | (92) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 3 | 23 | 6 | (31) | (53) | (35) | (92) | |
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.