Worthington Energy Inc (PXTE) financial statements (2021 and earlier)
Company profile
| Business Address |
220 MONTGOMERY STREET #1094 SAN FRANCISCO, CA 94104 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| 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 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 | 0 | 7 | 0 | 0 | 4 | 7 | |||
| Cash and cash equivalents | 0 | 7 | 0 | 0 | 4 | 7 | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 3 | ||
| Other current assets | 10 | ||||||||
| Other undisclosed current assets | 0 | ||||||||
| Total current assets: | 10 | 0 | 7 | 0 | 0 | 4 | 10 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 6 | 8 | 9 | 10 | 12 | 13 | 13 | ||
| Oil and gas property, full cost method | 763 | 763 | 5,699 | 5,799 | 5,799 | ||||
| Regulated entity, other noncurrent assets | 370 | ||||||||
| Other undisclosed noncurrent assets | 15 | 15 | 5,713 | 15 | 15 | 15 | 5,913 | ||
| Total noncurrent assets: | 784 | 785 | 5,722 | 5,723 | 5,825 | 5,826 | 6,296 | ||
| TOTAL ASSETS: | 794 | 785 | 5,729 | 5,723 | 5,825 | 5,831 | 6,306 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,241 | 1,095 | 1,485 | 2,647 | 2,229 | 1,896 | 1,723 | ||
| Accounts payable | 683 | 621 | 989 | 864 | 650 | 526 | 385 | ||
| Accrued liabilities | 413 | 352 | 496 | 1,783 | 1,579 | 1,370 | 1,337 | ||
| Interest and dividends payable | 145 | 123 | |||||||
| Debt | 1,654 | 1,530 | 4,145 | 4,004 | 3,877 | 3,741 | 3,817 | ||
| Derivative instruments and hedges, liabilities | 2,316 | 2,288 | 7,539 | 7,908 | 7,663 | 7,471 | |||
| Due to related parties | 15 | 15 | 113 | ||||||
| Other liabilities | 122 | 141 | 236 | 241 | 68 | 84 | 310 | ||
| Other undisclosed current liabilities | 1,079 | 1,079 | 1,595 | 2 | 115 | 115 | 115 | ||
| Total current liabilities: | 6,427 | 6,147 | 15,000 | 14,915 | 13,953 | 13,307 | 5,964 | ||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 196 | 191 | 37 | 37 | 37 | 37 | 37 | ||
| Asset retirement obligations | 196 | 191 | 37 | 37 | 37 | 37 | 37 | ||
| Other undisclosed noncurrent liabilities | 7,267 | ||||||||
| Total noncurrent liabilities: | 196 | 191 | 37 | 37 | 37 | 37 | 7,305 | ||
| Total liabilities: | 6,623 | 6,338 | 15,038 | 14,952 | 13,990 | 13,344 | 13,269 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | (5,829) | (5,553) | (9,309) | (9,228) | (8,166) | (7,514) | (6,962) | ||
| Common stock | 2,868 | 2,531 | 187 | 47 | 46 | 18 | 176 | ||
| Additional paid in capital | 24,271 | 24,586 | 26,394 | 26,236 | 26,235 | 26,164 | 26,384 | ||
| Other undisclosed stockholders' equity attributable to parent | (32,968) | (32,669) | (35,890) | (35,512) | (34,447) | (33,696) | (33,522) | ||
| Total stockholders' equity: | (5,829) | (5,553) | (9,309) | (9,228) | (8,166) | (7,514) | (6,962) | ||
| TOTAL LIABILITIES AND EQUITY: | 794 | 785 | 5,729 | 5,723 | 5,825 | 5,831 | 6,306 | ||
Income statement (P&L) ($ in thousands)
| 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 | ||
|---|---|---|---|---|---|---|---|---|
| Gross profit: | (67) | (199) | ||||||
| Operating expenses | (414) | 2,483 | (647) | (1,085) | (419) | (886) | (822) | |
| Other undisclosed operating income (loss) | 274 | (3,000) | 324 | 535 | 209 | 437 | 369 | |
| Operating loss: | (207) | (716) | (324) | (550) | (209) | (449) | (453) | |
| Nonoperating income (expense) | (91) | 3,937 | 145 | (515) | (541) | 1,239 | (164) | |
| Investment income, nonoperating | 114 | 414 | 703 | (245) | (186) | 1,239 | (164) | |
| Interest and debt expense | (25) | (27) | (146) | (143) | (143) | (143) | (165) | |
| Net income (loss): | (323) | 3,194 | (324) | (1,208) | (894) | 647 | (782) | |
| Other undisclosed net income (loss) attributable to parent | 25 | 27 | 146 | 143 | 143 | (821) | (350) | |
| Net income (loss) available to common stockholders, basic: | (299) | 3,221 | (178) | (1,065) | (751) | (174) | (1,132) | |
| Other undisclosed net loss available to common stockholders, diluted | (22) | |||||||
| Net income (loss) available to common stockholders, diluted: | (299) | 3,200 | (178) | (1,065) | (751) | (174) | (1,132) | |
Comprehensive Income ($ in thousands)
| 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): | (323) | 3,194 | (324) | (1,208) | (894) | 647 | (782) | |
| Comprehensive income (loss), net of tax, attributable to parent: | (323) | 3,194 | (324) | (1,208) | (894) | 647 | (782) | |
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.