Dakota Plains Holdings Inc (DAKP) Financial Statements (2023 and Earlier)

Company Profile

Business Address 294 GROVE LANE EAST
WAYZATA, MN 55391
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 5171 - Petroleum Bulk stations and Terminals (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,8214,69113,0122,340
Cash and cash equivalents1,8214,69113,0122,340
Receivables8,9464,05069 
Prepaid expense and other current assets31
Income taxes receivable151,120 
Deferred tax assets1102,2663,7281,414
Other current assets439100543
Other undisclosed current assets42 2,84081
Total current assets:11,35911,12121,3113,866
Noncurrent Assets
Property, plant and equipment56,19156,19353,6705,117
Restricted cash and investments3,0013,000  
Deferred costs2,2711,538123184
Other noncurrent assets51351316
Deferred tax assets, net 26,7621532,441
Other undisclosed noncurrent assets  11,78128,057
Total noncurrent assets:61,97688,00665,74335,799
TOTAL ASSETS:73,33499,12787,05539,665
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:8,9009,1009,8341,501
Accounts payable4,7917,3888,286240
Accrued liabilities4,1501,6961,548233
Taxes payable   1,028
Other undisclosed accounts payable and accrued liabilities(41)16  
Debt3,22523,250  
Business combination, contingent consideration, liability1,880 
Deferred revenue and credits   21
Other undisclosed current liabilities986991 
Total current liabilities:14,10333,0499,8351,521
Noncurrent Liabilities
Long-term debt and lease obligation53,52525,2507,07625,615
Long-term debt, excluding current maturities53,52525,2507,07625,615
Liabilities, other than long-term debt32,5391017165
Deferred revenue and credits   165
Deferred tax liabilities, net110   
Other liabilities31017 
Business combination, contingent consideration, liability32,426 
Other undisclosed noncurrent liabilities16844,5957,500 
Total noncurrent liabilities:86,23369,85514,59325,780
Total liabilities:100,336102,90524,42827,301
Stockholders' equity
Stockholders' equity attributable to parent(27,001)(3,778)37,05312,363
Common stock55555442
Additional paid in capital8,0126,26843,83617,433
Accumulated deficit(35,069)(10,101)(6,837)(5,111)
Stockholders' equity attributable to noncontrolling interest  25,573 
Total stockholders' equity:(27,001)(3,778)62,62612,363
TOTAL LIABILITIES AND EQUITY:73,33499,12787,05539,665

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

12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
29,21328,281  
Cost of revenue(6,797)(8,040)  
Cost of goods and services sold(4,177)(2,799)  
Gross profit:22,41620,241  
Operating expenses(19,285)(16,264)(8,629)(3,067)
Other undisclosed operating income  349266
Operating income (loss):3,1323,977(8,279)(2,801)
Nonoperating income (expense)1,182(2,576)5,500(580)
Other nonoperating expense(1,705)(34)  
Interest and debt expense(1,018) 1,66114,698
Income (loss) from continuing operations before equity method investments, income taxes:3,2961,402(1,118)11,317
Other undisclosed income from continuing operations before income taxes1,018   
Income (loss) from continuing operations before income taxes:4,3141,402(1,118)11,317
Income tax expense (benefit)(29,282)8551,0541,381
Other undisclosed loss from continuing operations (855)(2,715)(16,079)
Income (loss) before gain (loss) on sale of properties:(24,968)1,402(2,779)(3,381)
Other undisclosed net income 855  
Net income (loss):(24,968)2,257(2,779)(3,381)
Net loss attributable to noncontrolling interest (5,521)  
Other undisclosed net income attributable to parent  1,0541,381
Net loss available to common stockholders, diluted:(24,968)(3,264)(1,725)(2,001)

Comprehensive Income ($ in thousands)

12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss):(24,968)2,257(2,779)(3,381)
Comprehensive income (loss):(24,968)2,257(2,779)(3,381)
Comprehensive income, net of tax, attributable to noncontrolling interest 5,521  
Comprehensive income (loss), net of tax, attributable to parent:(24,968)7,777(2,779)(3,381)

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.

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