Coil Tubing Technology, Inc. (CTBG) financial statements (2020 and earlier)

Company profile

Business Address 22305 GOSLING ROAD
SPRING, TX 77389
State of Incorp. FL
Fiscal Year End December 31
SIC 3533 - Oil and Gas Field Machinery and Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2015
TTM
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 1,2809021,153
Cash and cash equivalents 1,2809021,153
Receivables 2,1021,8751,827
Intangible current assets 91
Prepaid expense and other current assets57
Other current assets 194112
Other undisclosed current assets (91)  
Total current assets: 3,5762,8893,038
Noncurrent Assets
Property, plant and equipment 1,5751,500534
Intangible assets, net (including goodwill) 4,6029531,033
Intangible assets, net (excluding goodwill) 4,6029531,033
Other undisclosed noncurrent assets 2,3253,0343,687
Total noncurrent assets: 8,5025,4875,254
TOTAL ASSETS: 12,0788,3768,291
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 539441481
Accounts payable 450332407
Accrued liabilities 8910973
Debt 999147
Due to related parties 91  
Other undisclosed current liabilities 39156156
Total current liabilities: 768688684
Noncurrent Liabilities
Long-term debt and lease obligation 4,623890404
Long-term debt, excluding current maturities 4,623890404
Liabilities, other than long-term debt 3,750  
Due to related parties 3,750  
Other undisclosed noncurrent liabilities (3,750)0 
Total noncurrent liabilities: 4,623890404
Total liabilities: 5,3911,5781,087
Stockholders' equity
Stockholders' equity attributable to parent, including: 6,6876,7987,204
Common stock 161616
Additional paid in capital 10,0479,8419,381
Accumulated deficit (3,376)(3,060)(2,194)
Other undisclosed stockholders' equity attributable to parent  11
Total stockholders' equity: 6,6876,7987,204
TOTAL LIABILITIES AND EQUITY: 12,0788,3768,291

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

9/30/2015
TTM
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
 6,8666,1437,765
Cost of revenue (3,536)(3,276)(3,420)
Cost of goods and services sold (3,536)(3,276)(2,432)
Gross profit: 3,3302,8674,345
Operating expenses (3,614)(3,701)(3,576)
Operating income (loss): (284)(834)769
Nonoperating expense
(Other Nonoperating expense)
 (32)(32)(17)
Net income (loss) available to common stockholders, diluted: (316)(866)752

Comprehensive Income ($ in thousands)

9/30/2015
TTM
12/31/2014
12/31/2013
12/31/2012
Net income (loss): (316)(866)752
Comprehensive income (loss), net of tax, attributable to parent: (316)(866)752

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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