Radiant Oil & Gas Inc (ROGI) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
9700 RICHMOND AVE. SUITE 124 HOUSTON, TX 77042 |
| State of Incorp. | |
| 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) (USD)
| 6/30/2014 MRQ | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 1,019,582 | 162,330 | |||
| Cash and cash equivalent | 1,019,582 | 162,330 | |||
| Restricted cash and investments | 2,067,225 | ||||
| Receivables | 629,776 | 366,277 | |||
| Derivative instruments and hedges, assets | 33,330 | ||||
| Other current assets | 81,154 | 115,029 | |||
| Total current assets: | 3,831,067 | 643,636 | |||
| Noncurrent Assets | |||||
| Property, plant and equipment | 25,769 | 3,278 | |||
| Oil and gas, full cost method, property and equipment, after accumulated depletion | 19,758,681 | ||||
| Derivative instruments and hedges | 113,090 | ||||
| Deferred costs | 6,841,640 | ||||
| Total noncurrent assets: | 26,739,180 | 3,278 | |||
| TOTAL ASSETS: | 30,570,247 | 646,914 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities, including: | 1,681,423 | 1,353,160 | |||
| Other undisclosed accounts payable and accrued liabilities | 1,681,423 | 1,353,160 | |||
| Debt | 5,004,834 | 3,497,081 | |||
| Derivative instruments and hedges, liabilities | 474,895 | 455,348 | |||
| Due to related parties | 917,295 | 914,968 | |||
| Other undisclosed current liabilities | 1,567,127 | 1,060,157 | |||
| Total current liabilities: | 9,645,574 | 7,280,714 | |||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 25,475,264 | ||||
| Long-term debt, excluding current maturities | 25,475,264 | ||||
| Liabilities, other than long-term debt | 4,456,113 | 100,000 | |||
| Asset retirement obligations | 455,296 | 100,000 | |||
| Derivative instruments and hedges, liabilities | 4,000,817 | ||||
| Other undisclosed noncurrent liabilities | 900,628 | 887,076 | |||
| Total noncurrent liabilities: | 30,832,005 | 987,076 | |||
| Total liabilities: | 40,477,579 | 8,267,790 | |||
| Commitments and contingencies | 50,000 | 50,000 | |||
| Equity | |||||
| Equity, attributable to parent | (9,957,332) | (7,670,876) | |||
| Common stock | 137,845 | 118,478 | |||
| Additional paid in capital | 6,114,133 | 3,401,328 | |||
| Accumulated deficit | (16,209,310) | (11,190,682) | |||
| Total equity: | (9,957,332) | (7,670,876) | |||
| TOTAL LIABILITIES AND EQUITY: | 30,570,247 | 646,914 | |||
Income Statement (P&L) (USD)
| 6/30/2014 TTM | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Operating expenses | (231,859) | (1,473,315) | ||
| Operating loss: | (231,859) | (1,473,315) | ||
| Nonoperating expense | (223,728) | |||
| Other nonoperating income | 250,000 | |||
| Interest and debt expense | (312,210) | |||
| Loss from continuing operations: | (231,859) | (2,009,253) | ||
| Loss before gain (loss) on sale of properties: | (231,859) | (2,009,253) | ||
| Net loss: | (231,859) | (2,009,253) | ||
| Other undisclosed net income attributable to parent | 312,210 | |||
| Net loss available to common stockholders, diluted: | (231,859) | (1,697,043) | ||
Comprehensive Income (USD)
| 6/30/2014 TTM | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Net loss: | (231,859) | (2,009,253) | ||
| Comprehensive loss, net of tax, attributable to parent: | (231,859) | (2,009,253) | ||
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.