Trillion Energy International Inc. (TCFF) Financial Statements (2024 and earlier)
Company Profile
Business Address |
TURAN GUNES BULVARI,PARK ORAN OFIS PLAZA ORAN, CANKAYA, ANKARA, 06450 |
State of Incorp. | DE |
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)
9/30/2021 MRQ | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 203 | 863 | 796 | 130 | 1,551 | 76 | |||
Cash and cash equivalents | 203 | 863 | 796 | 130 | 1,551 | 76 | |||
Receivables | 773 | 688 | 661 | 600 | 0 | 1 | |||
Prepaid expense | 24 | 30 | 297 | 317 | 11 | 13 | |||
Other undisclosed current assets | 500 | ||||||||
Total current assets: | 1,000 | 1,581 | 1,754 | 1,047 | 2,062 | 89 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 128 | 45 | 106 | 98 | |||||
Oil and gas property, full cost method | 5,347 | 5,574 | 6,651 | 5,723 | 2,940 | 2,701 | |||
Long-term investments and receivables | 49 | 46 | 40 | 39 | |||||
Accounts and financing receivable, after allowance for credit loss | 49 | 46 | 40 | 39 | |||||
Restricted cash and investments | 12 | 97 | |||||||
Other undisclosed noncurrent assets | 103 | 128 | 500 | ||||||
Total noncurrent assets: | 5,487 | 5,716 | 6,909 | 5,995 | 2,980 | 3,241 | |||
TOTAL ASSETS: | 6,487 | 7,297 | 8,663 | 7,042 | 5,042 | 3,330 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities, including: | 1,497 | 1,171 | 1,385 | 1,584 | 358 | 119 | |||
Other undisclosed accounts payable and accrued liabilities | 1,497 | 1,171 | 1,385 | 1,584 | 358 | 119 | |||
Debt | 549 | 19 | 380 | 965 | |||||
Other undisclosed current liabilities | 12 | ||||||||
Total current liabilities: | 2,058 | 1,190 | 1,765 | 2,549 | 358 | 119 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 56 | 547 | |||||||
Long-term debt, excluding current maturities | 29 | 547 | |||||||
Liabilities, other than long-term debt | 5,815 | 3,633 | 4,026 | ||||||
Asset retirement obligations | 4,011 | 3,633 | 4,026 | ||||||
Operating lease, liability | 28 | ✕ | ✕ | ✕ | ✕ | ||||
Derivative instruments and hedges, liabilities | 1,805 | ||||||||
Other undisclosed noncurrent liabilities | 127 | 2,527 | |||||||
Total noncurrent liabilities: | 5,872 | 4,308 | 4,026 | 2,527 | |||||
Other undisclosed liabilities | 899 | ||||||||
Total liabilities: | 7,930 | 5,497 | 5,792 | 5,077 | 1,257 | 119 | |||
Equity | |||||||||
Equity, attributable to parent, including: | (1,442) | 1,800 | 2,871 | 1,966 | 3,785 | 3,211 | |||
Common stock | 1 | 1 | 1 | 1 | 1 | 0 | |||
Common stock, value, subscriptions | 23 | 41 | 80 | 905 | 350 | ||||
Additional paid in capital | 27,508 | 27,031 | 26,220 | 22,905 | 21,273 | 17,259 | |||
Accumulated other comprehensive income (loss) | (490) | (311) | (131) | (135) | 5 | 1 | |||
Accumulated deficit | (28,477) | (24,944) | (23,261) | (20,885) | (18,398) | (14,399) | |||
Other undisclosed equity, attributable to parent | 15 | ||||||||
Total equity: | (1,442) | 1,800 | 2,871 | 1,966 | 3,785 | 3,211 | |||
TOTAL LIABILITIES AND EQUITY: | 6,487 | 7,297 | 8,663 | 7,042 | 5,042 | 3,330 |
Income Statement (P&L) ($ in thousands)
9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
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Revenues | 2,584 | 3,916 | 4,253 | 3,883 | ||||
Cost of revenue (Provision for Loan, Lease, and Other Losses) | (54) | |||||||
Gross profit: | 2,530 | 3,916 | 4,253 | 3,883 | ||||
Operating expenses | (5,795) | (5,609) | (6,359) | (6,345) | (3,985) | (834) | ||
Other undisclosed operating income | 54 | |||||||
Operating loss: | (3,211) | (1,693) | (2,105) | (2,462) | (3,985) | (834) | ||
Nonoperating income (expense) | (322) | 10 | (270) | (25) | (14) | 70 | ||
Investment income, nonoperating | 30 | |||||||
Gain (loss), foreign currency transaction, before tax | 58 | (4) | 56 | (16) | (4) | (50) | ||
Other nonoperating income | 3 | 61 | 260 | |||||
Interest and debt expense | (22) | (28) | (61) | (84) | 12 | |||
Loss from continuing operations: | (3,556) | (1,712) | (2,437) | (2,571) | (3,987) | (764) | ||
Loss before gain (loss) on sale of properties: | ✕ | (3,556) | (1,712) | (2,437) | (2,571) | (3,987) | (764) | |
Net loss: | (3,556) | (1,712) | (2,437) | (2,571) | (3,987) | (764) | ||
Other undisclosed net income (loss) attributable to parent | 22 | 28 | 61 | 84 | (12) | |||
Net loss available to common stockholders, diluted: | (3,533) | (1,683) | (2,376) | (2,487) | (3,999) | (764) |
Comprehensive Income ($ in thousands)
9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
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Net loss: | (3,556) | (1,712) | (2,437) | (2,571) | (3,987) | (764) | ||
Comprehensive loss: | (3,556) | (1,712) | (2,437) | (2,571) | (3,987) | (764) | ||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (157) | (56) | (9) | 1 | ||||
Comprehensive loss, net of tax, attributable to parent: | (3,712) | (1,712) | (2,437) | (2,627) | (3,996) | (763) |
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.