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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 2038637961301,55176
Cash and cash equivalents 2038637961301,55176
Receivables 77368866160001
Prepaid expense 24302973171113
Other undisclosed current assets     500 
Total current assets: 1,0001,5811,7541,0472,06289
Noncurrent Assets
Property, plant and equipment 1284510698  
Oil and gas property, full cost method 5,3475,5746,6515,7232,9402,701
Long-term investments and receivables   49464039
Accounts and financing receivable, after allowance for credit loss   49464039
Restricted cash and investments 1297    
Other undisclosed noncurrent assets   103128 500
Total noncurrent assets: 5,4875,7166,9095,9952,9803,241
TOTAL ASSETS: 6,4877,2978,6637,0425,0423,330
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 1,4971,1711,3851,584358119
Other undisclosed accounts payable and accrued liabilities 1,4971,1711,3851,584358119
Debt 54919380965  
Other undisclosed current liabilities 12     
Total current liabilities: 2,0581,1901,7652,549358119
Noncurrent Liabilities
Long-term debt and lease obligation 56547    
Long-term debt, excluding current maturities 29547    
Liabilities, other than long-term debt 5,8153,6334,026   
Asset retirement obligations 4,0113,6334,026   
Operating lease, liability 28 
Derivative instruments and hedges, liabilities 1,805     
Other undisclosed noncurrent liabilities  127 2,527  
Total noncurrent liabilities: 5,8724,3084,0262,527  
Other undisclosed liabilities     899 
Total liabilities: 7,9305,4975,7925,0771,257119
Equity
Equity, attributable to parent, including: (1,442)1,8002,8711,9663,7853,211
Common stock 111110
Common stock, value, subscriptions  234180905350
Additional paid in capital 27,50827,03126,22022,90521,27317,259
Accumulated other comprehensive income (loss) (490)(311)(131)(135)51
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)1,8002,8711,9663,7853,211
TOTAL LIABILITIES AND EQUITY: 6,4877,2978,6637,0425,0423,330

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
Revenues 2,5843,9164,2533,883  
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
 (54)     
Gross profit: 2,5303,9164,2533,883  
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 361260   
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 22286184(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
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.

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