TN-K Energy Group Inc (TNKY) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
649 SPARTA HIGHWAY CROSSVILLE, TN 38555 |
| 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)
| 6/30/2015 MRQ | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 158 | 514 | 486 | |||
| Cash and cash equivalents | 158 | 514 | 486 | |||
| Receivables | 18 | 17 | 25 | |||
| Total current assets: | 175 | 531 | 511 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 96 | 122 | 118 | |||
| Oil and gas, successful efforts method, property and equipment, after accumulated depreciation, depletion, amortization, and impairment | 1,643 | 1,814 | 2,042 | |||
| Other noncurrent assets | 42 | 42 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | 42 | ||
| Other undisclosed noncurrent assets | (96) | (122) | (118) | |||
| Total noncurrent assets: | 1,685 | 1,856 | 2,084 | |||
| TOTAL ASSETS: | 1,860 | 2,387 | 2,595 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 3,439 | 2,890 | 2,934 | |||
| Accounts payable | 2,889 | 2,890 | 2,934 | |||
| Accrued liabilities | 551 | |||||
| Due to related parties | 170 | 31 | ||||
| Other undisclosed current liabilities | 738 | 689 | ||||
| Total current liabilities: | 3,609 | 3,628 | 3,654 | |||
| Noncurrent Liabilities | ||||||
| Liabilities, other than long-term debt | 318 | 317 | 315 | |||
| Asset retirement obligations | 33 | 32 | 30 | |||
| Deferred tax liabilities, net | 285 | 285 | 285 | |||
| Total noncurrent liabilities: | 318 | 317 | 315 | |||
| Total liabilities: | 3,928 | 3,945 | 3,969 | |||
| Equity | ||||||
| Equity, attributable to parent | (2,068) | (1,558) | (1,374) | |||
| Common stock | 1,145 | 1,145 | 1,145 | |||
| Additional paid in capital | 13,601 | 13,438 | 13,438 | |||
| Accumulated deficit | (16,814) | (16,140) | (15,956) | |||
| Total equity: | (2,068) | (1,558) | (1,374) | |||
| TOTAL LIABILITIES AND EQUITY: | 1,860 | 2,387 | 2,595 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues | 196 | 585 | 1,884 | ||
| Revenue, net | 112 | 428 | 1,287 | ||
| Financial services revenue | 317 | ||||
| Cost of revenue (Cost of Goods and Services Sold) | (64) | (37) | (464) | ||
| Gross profit: | 131 | 547 | 1,420 | ||
| Operating expenses | (855) | (753) | (1,215) | ||
| Other undisclosed operating income | 64 | 37 | 464 | ||
| Operating income (loss): | (659) | (169) | 669 | ||
| Nonoperating income (expense) | (16) | (17) | 743 | ||
| Other nonoperating income (expense) | (14) | (15) | 3,594 | ||
| Interest and debt expense | (14) | (15) | 2,069 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (690) | (201) | 3,480 | ||
| Other undisclosed income from continuing operations before income taxes | 16 | 17 | 782 | ||
| Income (loss) from continuing operations before income taxes: | (674) | (184) | 4,263 | ||
| Income tax expense (benefit) | 258 | (285) | |||
| Income (loss) from continuing operations: | (416) | (184) | 3,977 | ||
| Income (loss) before gain (loss) on sale of properties: | (416) | (184) | 3,977 | ||
| Other undisclosed net loss | (258) | ||||
| Net income (loss) available to common stockholders, diluted: | (674) | (184) | 3,977 | ||
Comprehensive Income ($ in thousands)
| 6/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net income (loss): | (674) | (184) | 3,977 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (674) | (184) | 3,977 | ||
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.