Victory Oilfield Tech, Inc. (VYEY) financial statements (2020 and earlier)

Company profile

Business Address 3355 BEE CAVES ROAD
AUSTIN, TX 78746
State of Incorp. NV
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments0(11)00000
Cash and cash equivalents0(11)00000
Receivables00   00
Inventory, net of allowances, customer advances and progress billings00     
Inventory00     
Prepaid expense  00000
Other undisclosed current assets011     
Total current assets:1100000
Noncurrent Assets
Property, plant and equipment1100000
Oil and gas property, successful effort method     11
Long-term investments and receivables      0
Due from related parties      0
Intangible assets, net (including goodwill)31818181818 
Goodwill00     
Intangible assets, net (excluding goodwill)31818181818 
Deposits noncurrent assets 000   
Other undisclosed noncurrent assets  (0)(0)(0)(0)(0)
Total noncurrent assets:418181818181
TOTAL ASSETS:419181818181
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1111111
Accounts payable1100111
Accrued liabilities  00000
Debt11    0
Asset retirement obligation     00
Due to related parties1111101
Other liabilities  00000
Other undisclosed current liabilities00   10
Total current liabilities:3312223
Noncurrent Liabilities
Long-term debt and lease obligation00     
Long-term debt, excluding current maturities00     
Liabilities, other than long-term debt 0   00
Asset retirement obligations     00
Deferred tax liabilities, net 0     
Other undisclosed noncurrent liabilities (0)     
Total noncurrent liabilities:01   00
Total liabilities:3312223
Stockholders' equity
Stockholders' equity attributable to parent, including:1161615168(11)
Preferred stock, shares subscribed but unissued, subscriptions receivable(0)(0)(0) (5)(5) 
Common stock0000000
Additional paid in capital96969683886136
Accumulated deficit(94)(80)(79)(67)(67)(48)(47)
Other undisclosed stockholders' equity attributable to parent000000 
Stockholders' equity attributable to noncontrolling interest     99
Total stockholders' equity:11616151617(2)
TOTAL LIABILITIES AND EQUITY:419181818181

Income statement (P&L) ($ in millions)

12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
Revenues10  (0)00
Revenue, net 00
Cost of revenue(0)(0)(0)(0)0(0)(0)
Cost of goods and services sold     (0)(0)
Gross profit:00(0)(0)(0)0(0)
Operating expenses(15)(1)(12)(0)(1)(1)(1)
Other undisclosed operating loss (0)     
Operating loss:(15)(1)(12)(0)(1)(0)(1)
Nonoperating expense(0)(0)(0)(0)(0)(0)(0)
Interest and debt expense(0)(0)(0)(0)(0)(0)(0)
Other undisclosed income from continuing operations before equity method investments, income taxes0000000
Loss from continuing operations before income taxes:(15)(1)(12)(0)(1)(1)(1)
Other undisclosed income from continuing operations0      
Loss from continuing operations:(15)(1)(12)(0)(1)(1)(1)
Income from discontinued operations0000   
Other undisclosed loss before gain (loss) on sale of properties    (18)  
Loss before gain (loss) on sale of properties:(15)(1)(12)(0)(19)(1)(1)
Other undisclosed net income 0     
Net loss:(15)(1)(12)(0)(19)(1)(1)
Net income attributable to noncontrolling interest     00
Other undisclosed net loss attributable to parent    (0)  
Net loss available to common stockholders, diluted:(15)(1)(12)(0)(19)(1)(1)

Comprehensive Income ($ in millions)

12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
Net loss:(15)(1)(12)(0)(19)(1)(1)
Comprehensive loss:(15)(1)(12)(0)(19)(1)(1)
Comprehensive income, net of tax, attributable to noncontrolling interest     00
Other undisclosed comprehensive loss, net of tax, attributable to parent    (0)  
Comprehensive loss, net of tax, attributable to parent:(15)(1)(12)(0)(19)(1)(1)

Statements sources

The financial statements are based on the company's filings with the 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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