Daybreak Oil & Gas Inc (DBRM) financial statements (2022 and earlier)

Company profile

Business Address 1101 NORTH ARGONNE ROAD
SPOKANE VALLEY, WA 99212
State of Incorp. WA
Fiscal Year End February 28
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

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

11/30/2021
TTM
2/28/2021
2/29/2020
2/28/2019
2/28/2018
2/28/2017
2/29/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1734943049427
Cash and cash equivalents1734943049427
Restricted cash and investments    100100 
Receivables18918895130163143668
Deferred costs      641
Other undisclosed current assets966151232224159
Total current assets:3032832401843343091,476
Noncurrent Assets
Operating lease, right-of-use asset  6
Property, plant and equipment7      
Oil and gas property, successful effort method579612655712746 3,766
Long-term investments and receivables      4,235
Accounts and financing receivable, after allowance for credit loss      4,235
Prepaid expense16161616164119
Other noncurrent assets      106
Other undisclosed noncurrent assets     913 
Total noncurrent assets:6036296777297629548,126
TOTAL ASSETS:9069129179121,0961,2639,601
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:86112432483,8452,1741,953
Accounts payable    2,0231,7281,777
Interest and dividends payable16112474241,823446175
Other undisclosed accounts payable and accrued liabilities(75)(12)(31)224   
Debt1,2521,2761,1871,1421,1819,6231,724
Due to related parties9909979202,1711,9151,665250
Other undisclosed current liabilities2,2692,0851,9131,7859,402 14,985
Total current liabilities:4,5964,4694,0645,34616,34313,46218,911
Noncurrent Liabilities
Long-term debt and lease obligation  120120 299 
Long-term debt, excluding current maturities  120120 299 
Liabilities, other than long-term debt1,6711,5601,3725583733180
Accounts payable and accrued liabilities1,5051,3921,345529   
Asset retirement obligations37332730379380
Due to related parties129135   238 
Total noncurrent liabilities:1,6711,5601,4926783763180
Total liabilities:6,2676,0295,5566,02416,38014,09318,991
Stockholders' equity
Stockholders' equity attributable to parent, including:(5,361)(5,117)(4,639)(5,112)(15,284)(12,829)(9,390)
Common stock60605452525151
Additional paid in capital24,25524,25124,22422,99822,99822,99822,969
Accumulated deficit(29,677)(29,429)(28,917)(28,162)(38,334)(35,879)(32,411)
Other undisclosed stockholders' equity attributable to parent1111111
Total stockholders' equity:(5,361)(5,117)(4,639)(5,112)(15,284)(12,829)(9,390)
TOTAL LIABILITIES AND EQUITY:9069129179121,0961,2639,601

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

11/30/2021
TTM
2/28/2021
2/29/2020
2/28/2019
2/28/2018
2/28/2017
2/29/2016
Revenues4094056647436294831,254
Revenue, net 4831,254
Cost of revenue
(Cost of Goods and Services Sold)
(10)    (164)(268)
Gross profit:399405664743629319985
Operating expenses(688)(754)(940)(1,096)(1,343)(1,351)(3,143)
Other undisclosed operating income10    164268
Operating loss:(279)(349)(276)(353)(714)(869)(1,890)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
 (163)(479)10,525(1,741)(2,994)(2,316)
Interest and debt expense32174(479)12,371(1,741)3,926(3,356)
Other undisclosed loss from continuing operations before equity method investments, income taxes(163)      
Income (loss) from continuing operations:(121)(438)(1,233)22,544(4,196)63(7,561)
Income from discontinued operations     395 
Net income (loss):(121)(438)(1,233)22,544(4,196)458(7,561)
Other undisclosed net income (loss) attributable to parent8(74)479(12,371)1,741(3,926)3,356
Net income (loss) attributable to parent:(113)(512)(755)10,172(2,455)(3,469)(4,205)
Preferred stock dividends and other adjustments(128)(128)(128)(128)(128)(130)(131)
Net income (loss) available to common stockholders, diluted:(241)(640)(883)10,045(2,583)(3,599)(4,336)

Comprehensive Income ($ in thousands)

11/30/2021
TTM
2/28/2021
2/29/2020
2/28/2019
2/28/2018
2/28/2017
2/29/2016
Net income (loss):(121)(438)(1,233)22,544(4,196)458(7,561)
Comprehensive income (loss), net of tax, attributable to parent:(121)(438)(1,233)22,544(4,196)458(7,561)

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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