Arabella Exploration, Inc. (AXPLF) financial statements (2020 and earlier)

Company profile

Business Address 509 PECAN STREET
FORT WORTH, TX 76102
State of Incorp.
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 thousands)

12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments733
Cash and cash equivalents733
Receivables1,632815
Prepaid expense 418
Total current assets:1,7051,235
Noncurrent Assets
Property, plant and equipment133316
Oil and gas property, successful effort method6,93129,043
Long-term investments and receivables 382
Due from related parties 382
Deposits noncurrent assets6785
Total noncurrent assets:7,13129,826
TOTAL ASSETS:8,83631,061
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,821876
Interest and dividends payable4,1104,120
Other undisclosed accounts payable and accrued liabilities(2,289)(3,244)
Debt16,11511,838
Due to related parties1,98333
Other undisclosed current liabilities6,3014,120
Total current liabilities:26,22016,867
Noncurrent Liabilities
Liabilities, other than long-term debt3,0323,033
Asset retirement obligations2426
Due to related parties3,0073,007
Total noncurrent liabilities:3,0323,033
Total liabilities:29,25219,900
Stockholders' equity
Stockholders' equity attributable to parent, including:(20,415)11,398
Common stock55
Additional paid in capital15,54115,336
Accumulated deficit(35,961)(4,180)
Other undisclosed stockholders' equity attributable to parent 237
Other undisclosed stockholders' equity (237)
Total stockholders' equity:(20,415)11,161
TOTAL LIABILITIES AND EQUITY:8,83631,061

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

12/31/2015
12/31/2014
Revenues
(Revenue, Net)
1,5159,578
Cost of revenue(4,817)(2,181)
Gross profit:(3,302)7,398
Operating expenses(21,201)(6,081)
Other undisclosed operating loss (3,085)
Operating loss:(24,503)(1,769)
Nonoperating expense
(Other Nonoperating expense)
(7,154)(2,923)
Interest and debt expense(592)(3,723)
Loss from continuing operations before equity method investments, income taxes:(32,248)(8,414)
Other undisclosed income from continuing operations before income taxes5923,723
Net loss available to common stockholders, diluted:(31,656)(4,692)

Comprehensive Income ($ in thousands)

12/31/2015
12/31/2014
Net loss:(31,656)(4,692)
Comprehensive loss, net of tax, attributable to parent:(31,656)(4,692)

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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