Searchlight Minerals Corp (SRCH) Financial Statements (2026 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)
Annual | Quarterly

9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,5681,5424541,2302,1851,552
Cash and cash equivalent1,5681,5424541,2302,1851,552
Prepaid expense627087968993
Deferred costs   73   
Total current assets:1,6301,6116141,3272,2741,645
Noncurrent Assets
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization5,7296,0156,3026,6547,0077,361
Deposits noncurrent assets151515151515
Deferred costs    798591
Other undisclosed noncurrent assets129,499129,622129,714129,705129,695129,683
Total noncurrent assets:135,242135,652136,030136,453136,802137,150
TOTAL ASSETS:136,872137,263136,644137,780139,076138,795
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,4111,4191,1519769071,195
Employee-related liabilities811511435347248202
Accounts payable542828590583552969
Other undisclosed accounts payable and accrued liabilities58801264610724
Debt  8713,3254,4644,4045,816
Derivative instruments and hedges, liabilities  1,393591465690 
Due to related parties1,1411,1081,006908721561
Other undisclosed current liabilities   53(1,200)(1,200)(1,200)
Total current liabilities:2,5514,7906,1265,6145,5226,373
Noncurrent Liabilities
Liabilities, other than long-term debt48,22548,22548,26648,35426,64527,205
Deferred tax liabilities, net48,22548,22548,22548,22526,43026,905
Due to related parties   41129215300
Total noncurrent liabilities:48,22548,22548,26648,35426,64527,205
Total liabilities:50,77653,01554,39253,96832,16733,578
Equity
Equity, attributable to parent86,09684,24882,25283,812106,909105,217
Common stock346286154154152149
Common stock, value, subscriptions     700 
Additional paid in capital180,928177,198164,591163,941162,874161,844
Accumulated deficit(95,178)(93,237)(82,493)(80,283)(56,817)(56,775)
Total equity:86,09684,24882,25283,812106,909105,217
TOTAL LIABILITIES AND EQUITY:136,872137,263136,644137,780139,076138,795

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
Revenues
(Revenue, Net)		  2   2
Gross profit:  2   2
Operating expenses(1,435)(1,192)(1,896)(1,751)(1,167)(1,628)
Other undisclosed operating loss  (2)   (2)
Operating loss:(1,435)(1,192)(1,896)(1,751)(1,167)(1,628)
Nonoperating income (expense)(506)(9,552)(313)80649(384)
Investment income, nonoperating4(744)(173)231787(247)
Interest and debt expense(185)(8,113)(151)(129)(137)(136)
Other undisclosed income from continuing operations before equity method investments, income taxes1858,113151129137136
Loss from continuing operations before income taxes:(1,941)(10,744)(2,210)(1,671)(517)(2,012)
Income tax expense (benefit)    (21,795)475642
Loss from continuing operations:(1,941)(10,744)(2,210)(23,466)(42)(1,370)
Loss before gain (loss) on sale of properties:(1,941)(10,744)(2,210)(23,466)(42)(1,370)
Net loss available to common stockholders, diluted:(1,941)(10,744)(2,210)(23,466)(42)(1,370)

Comprehensive Income ($ in thousands)
Annual | Quarterly

9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
Net loss:(1,941)(10,744)(2,210)(23,466)(42)(1,370)
Comprehensive loss, net of tax, attributable to parent:(1,941)(10,744)(2,210)(23,466)(42)(1,370)

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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