Bakken Resources Inc (BKKN) financial statements (2020 and earlier)

Company profile

Business Address 1425 BIRCH AVE.
HELENA, MT 59601
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 thousands)

9/30/2017
TTM
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 4,7474,2356,3341,524
Cash and cash equivalents 1,2402296,3341,524
Short-term investments 3,5074,006  
Restricted cash and investments   595 
Receivables 1,8091,5311,0762,126
Prepaid expense 52624021
Total current assets: 6,6085,8278,0443,671
Noncurrent Assets
Property, plant and equipment 03815
Oil and gas property, successful effort method    68
Other undisclosed noncurrent assets 50802301740
Total noncurrent assets: 50805309823
TOTAL ASSETS: 6,6596,6328,3544,494
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 1911891,244740
Accounts payable 11311513543
Accrued liabilities 7874165183
Taxes payable   944514
Due to related parties 232  236
Other undisclosed current liabilities    403
Total current liabilities: 4231891,2441,379
Noncurrent Liabilities
Total liabilities: 4231891,2441,379
Stockholders' equity
Stockholders' equity attributable to parent, including: 6,2356,4437,1093,115
Preferred stock 1   
Common stock 57   
Additional paid in capital 4,7103,5113,5113,496
Accumulated other comprehensive income 2042  
Retained earnings (accumulated deficit) 1,2632,8733,542(438)
Other undisclosed stockholders' equity attributable to parent  575757
Total stockholders' equity: 6,2356,4437,1093,115
TOTAL LIABILITIES AND EQUITY: 6,6596,6328,3544,494

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

9/30/2017
TTM
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Gross profit: 6278681,6363,973
Operating expenses (2,586)(1,741)4,293(2,134)
Operating income (loss): (1,959)(873)5,9291,838
Nonoperating income (expense) (99)710(3)
Investment income, nonoperating 82751
Other nonoperating expense (650)   
Interest and debt expense    (19)
Income (loss) from continuing operations before equity method investments, income taxes: (2,058)(866)5,9381,816
Other undisclosed income from continuing operations before income taxes    19
Income (loss) from continuing operations before income taxes: (2,058)(866)5,9381,835
Income tax expense (benefit) 449197(1,959)(514)
Net income (loss): (1,610)(669)3,9801,322
Other undisclosed net income attributable to parent   0 
Net income (loss) available to common stockholders, diluted: (1,610)(669)3,9801,322

Comprehensive Income ($ in thousands)

9/30/2017
TTM
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss): (1,610)(669)3,9801,322
Comprehensive income (loss): (1,610)(669)3,9801,322
Other undisclosed comprehensive income, net of tax, attributable to parent 2022  
Comprehensive income (loss), net of tax, attributable to parent: (1,408)(666)3,9801,322

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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