Zaza Energy Corp (ZAZA) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1301 MCKINNEY STREET HOUSTON, TX 77010 |
| 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 | 6,277 | 15,186 | 34,649 | |||
| Cash and cash equivalents | 6,277 | 15,186 | 34,649 | |||
| Receivables | 1,124 | 1,822 | 1,303 | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 1,134 | ||
| Deferred tax assets | 116 | |||||
| Other undisclosed current assets | 1,440 | 13,106 | 21,926 | |||
| Total current assets: | 8,957 | 30,114 | 59,012 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 49,434 | 46,473 | 150,070 | |||
| Oil and gas property, successful effort method | 61,649 | |||||
| Assets held-for-sale, long lived | ✕ | ✕ | 9,965 | |||
| Deferred tax assets, net | (116) | 2,866 | ||||
| Other undisclosed noncurrent assets | (59,708) | 8,089 | 4,066 | |||
| Total noncurrent assets: | 51,259 | 57,428 | 164,101 | |||
| TOTAL ASSETS: | 60,216 | 87,542 | 223,113 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 8,710 | 7,528 | 24,289 | |||
| Taxes payable | 49 | 855 | 3,658 | |||
| Accounts payable | 693 | 755 | 8,431 | |||
| Accrued liabilities | 7,968 | 5,918 | 12,200 | |||
| Debt | 13,551 | 10,177 | 25,298 | |||
| Restructuring reserve | 400 | ✕ | ✕ | |||
| Deferred tax liabilities | 2,866 | 14,568 | ||||
| Other undisclosed current liabilities | (400) | 21,382 | ||||
| Total current liabilities: | 22,261 | 20,571 | 85,537 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 78,226 | 88,256 | 70,977 | |||
| Long-term debt, excluding current maturities | 78,226 | 88,256 | 70,977 | |||
| Liabilities, other than long-term debt | 4,644 | 4,834 | 36,855 | |||
| Asset retirement obligations | 400 | 306 | 130 | |||
| Deferred tax liabilities, net | 116 | 32,597 | ||||
| Due to related parties | 4,128 | 4,128 | 4,128 | |||
| Restructuring reserve | 400 | |||||
| Other undisclosed noncurrent liabilities | 14,534 | 34,875 | 28,096 | |||
| Total noncurrent liabilities: | 97,404 | 127,965 | 135,928 | |||
| Total liabilities: | 119,665 | 148,536 | 221,465 | |||
| Equity | ||||||
| Equity, attributable to parent | (59,449) | (60,994) | 1,648 | |||
| Common stock | 131 | 1,076 | 1,025 | |||
| Additional paid in capital | 120,302 | 109,636 | 104,639 | |||
| Accumulated other comprehensive income (loss) | (43) | (93) | 32 | |||
| Accumulated deficit | (179,839) | (171,613) | (104,048) | |||
| Total equity: | (59,449) | (60,994) | 1,648 | |||
| TOTAL LIABILITIES AND EQUITY: | 60,216 | 87,542 | 223,113 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 11,480 | 8,874 | 205,152 | ||
| Cost of revenue | (14,803) | (110,247) | (3,602) | ||
| Cost of goods and services sold | (3,636) | (2,327) | (3,602) | ||
| Gross profit: | (3,323) | (101,373) | 201,550 | ||
| Operating expenses | (18,776) | (5,008) | (129,373) | ||
| Other undisclosed operating income | 2,093 | ||||
| Operating income (loss): | (22,099) | (106,381) | 74,270 | ||
| Nonoperating income (expense) | (701) | 8,933 | (45,406) | ||
| Interest and debt expense | 1,936 | (16,568) | (28,026) | ||
| Income (loss) from continuing operations before income taxes: | (20,864) | (114,016) | 838 | ||
| Income tax expense (benefit) | 14,574 | 32,985 | (82,920) | ||
| Other undisclosed income (loss) from continuing operations | (16,510) | (16,417) | 110,946 | ||
| Income (loss) from continuing operations: | (22,800) | (97,448) | 28,864 | ||
| Income (loss) before gain (loss) on sale of properties: | (22,800) | (100,550) | 28,864 | ||
| Loss from discontinued operations | (3,102) | ||||
| Net income (loss) attributable to parent: | (22,800) | (100,550) | 28,864 | ||
| Other undisclosed net income (loss) available to common stockholders, basic | 14,574 | 32,985 | (135,091) | ||
| Net loss available to common stockholders, basic: | (8,226) | (67,565) | (106,227) | ||
| Other undisclosed net loss available to common stockholders, diluted | (3,633) | ||||
| Net loss available to common stockholders, diluted: | (8,226) | (67,565) | (109,860) | ||
Comprehensive Income ($ in thousands)
| 6/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net income (loss): | (22,800) | (100,550) | 28,864 | ||
| Comprehensive income (loss): | (22,800) | (100,550) | 28,864 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 14,624 | 32,860 | (135,059) | ||
| Comprehensive loss, net of tax, attributable to parent: | (8,176) | (67,690) | (106,195) | ||
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.