Searchlight Minerals Corp (SRCH) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
#120 - 2441 WEST HORIZON RIDGE PARKWAY HENDERSON, NV 89052 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 10 - Metal Mining (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2016 MRQ | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 454 | 585 | 2,066 | 3,932 | |||
| Cash and cash equivalent | 454 | 585 | 2,066 | 3,932 | |||
| Prepaid expense | 87 | 75 | 138 | ✕ | |||
| Deferred costs | 73 | ||||||
| Disposal group, including discontinued operation | 228 | ||||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | 130 | ||
| Total current assets: | 614 | 888 | 2,203 | 4,061 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 6,302 | 7,718 | 9,455 | 10,716 | |||
| Deposits noncurrent assets | 15 | 15 | 14 | 11 | |||
| Disposal group, including discontinued operation, noncurrent assets | 228 | ✕ | ✕ | ||||
| Deferred costs | 97 | 120 | |||||
| Other undisclosed noncurrent assets | 129,714 | 129,442 | 147,923 | 147,831 | |||
| Total noncurrent assets: | 136,030 | 137,499 | 157,513 | 158,559 | |||
| TOTAL ASSETS: | 136,644 | 138,387 | 159,717 | 162,620 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities, including: | 1,151 | 898 | 196 | 315 | |||
| Employee-related liabilities | 435 | 88 | 45 | 62 | |||
| Accounts payable | 590 | 728 | 70 | 253 | |||
| Other undisclosed accounts payable and accrued liabilities | 126 | 82 | 80 | ||||
| Debt | 3,325 | 1,200 | 1,200 | ||||
| Derivative instruments and hedges, liabilities | 591 | 82 | 275 | ||||
| Due to related parties | 1,006 | 337 | |||||
| Other undisclosed current liabilities | 53 | (1,200) | (863) | 283 | |||
| Total current liabilities: | 6,126 | 1,235 | 614 | 872 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 3,087 | 2,799 | |||||
| Long-term debt, excluding current maturities | 3,087 | 2,799 | |||||
| Liabilities, other than long-term debt | 48,266 | 29,149 | 38,079 | 39,649 | |||
| Deferred tax liabilities, net | 48,225 | 27,547 | 37,323 | 39,649 | |||
| Due to related parties | 41 | 383 | |||||
| Derivative instruments and hedges, liabilities | 1,219 | 756 | |||||
| Other undisclosed noncurrent liabilities | 714 | 1,004 | |||||
| Total noncurrent liabilities: | 48,266 | 32,236 | 41,591 | 40,653 | |||
| Total liabilities: | 54,392 | 33,471 | 42,205 | 41,525 | |||
| Equity | |||||||
| Equity, attributable to parent, including: | 82,252 | 104,916 | 117,512 | 121,095 | |||
| Common stock | 154 | 144 | 136 | 136 | |||
| Additional paid in capital | 164,591 | 160,178 | 154,268 | 153,976 | |||
| Accumulated deficit | (82,493) | (55,406) | |||||
| Other undisclosed equity, attributable to parent | (36,892) | (33,017) | |||||
| Total equity: | 82,252 | 104,916 | 117,512 | 121,095 | |||
| TOTAL LIABILITIES AND EQUITY: | 136,644 | 138,387 | 159,717 | 162,620 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 2 | 2 | 2 | |||
| Gross profit: | 2 | 2 | 2 | |||
| Operating expenses | (6,442) | (27,389) | (6,778) | (7,272) | ||
| Other undisclosed operating loss | (2) | (2) | (2) | |||
| Operating loss: | (6,442) | (27,389) | (6,778) | (7,272) | ||
| Nonoperating income (expense) | 33 | (900) | 577 | (236) | ||
| Investment income, nonoperating | 597 | (354) | 727 | (236) | ||
| Other nonoperating expense | (11) | (19) | ||||
| Interest and debt expense | (554) | (528) | (150) | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 554 | 528 | 150 | |||
| Loss from continuing operations before income taxes: | (6,409) | (28,289) | (6,201) | (7,509) | ||
| Income tax expense (benefit) | (20,677) | 9,776 | 2,326 | 2,107 | ||
| Loss from continuing operations: | (27,087) | (18,514) | (3,875) | (5,401) | ||
| Loss before gain (loss) on sale of properties: | (27,087) | (18,514) | (3,875) | (5,401) | ||
| Net loss available to common stockholders, diluted: | (27,087) | (18,514) | (3,875) | (5,401) | ||
Comprehensive Income ($ in thousands)
| 9/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Net loss: | (27,087) | (18,514) | (3,875) | (5,401) | ||
| Other comprehensive loss | (3,875) | (5,401) | ||||
| Comprehensive loss, net of tax, attributable to parent: | (27,087) | (18,514) | (7,750) | (10,802) | ||
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.