Daybreak Oil & Gas Inc (DBRM) financial statements (2021 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)

11/30/2019
TTM
2/28/2019
2/28/2018
2/28/2017
2/29/2016
2/28/2015
2/28/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments113049427497500
Cash and cash equivalents113049427497500
Restricted cash and investments  100100   
Receivables1291301631436681,7361,154
Deferred costs    641 950
Other undisclosed current assets65232224159322(462)
Total current assets:2051843343091,4762,5552,143
Noncurrent Assets
Operating lease, right-of-use asset8
Oil and gas property, successful effort method672712746 3,7665,1132
Oil and gas property, full cost method      4,176
Long-term investments and receivables    4,2353,4292,756
Accounts and financing receivable, after allowance for credit loss    4,2353,4292,756
Prepaid expense16161641191615
Deferred costs     1,05990
Other noncurrent assets    106  
Other undisclosed noncurrent assets   913 1411,496
Total noncurrent assets:6967297629548,1269,7598,535
TOTAL ASSETS:9019121,0961,2639,60112,31310,678
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:2832483,8452,1741,9531,4362,159
Accounts payable  2,0231,7281,777  
Interest and dividends payable62241,823446175159 
Other undisclosed accounts payable and accrued liabilities222224   1,2772,159
Debt1,2021,1421,1819,6231,7245,5612,024
Due to related parties9122,1711,9151,6652501,156 
Other undisclosed current liabilities1,8061,7859,402 14,9851592,652
Total current liabilities:4,2035,34616,34313,46218,9118,3126,835
Noncurrent Liabilities
Long-term debt and lease obligation120120 299 3156,630
Long-term debt, excluding current maturities120120 299 3156,630
Liabilities, other than long-term debt1,113558373318028022
Accounts payable and accrued liabilities1,080529     
Asset retirement obligations33303793803022
Due to related parties   238 250 
Other undisclosed noncurrent liabilities     8,592 
Total noncurrent liabilities:1,23367837631809,1866,652
Total liabilities:5,4366,02416,38014,09318,99117,49813,487
Stockholders' equity
Stockholders' equity attributable to parent, including:(4,535)(5,112)(15,284)(12,829)(9,390)(5,185)(2,809)
Common stock54525251515156
Additional paid in capital24,22022,99822,99822,99822,96922,96924,608
Accumulated deficit(28,809)(28,162)(38,334)(35,879)(32,411)(28,206)(27,473)
Other undisclosed stockholders' equity attributable to parent1111111
Total stockholders' equity:(4,535)(5,112)(15,284)(12,829)(9,390)(5,185)(2,809)
TOTAL LIABILITIES AND EQUITY:9019121,0961,2639,60112,31310,678

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

11/30/2019
TTM
2/28/2019
2/28/2018
2/28/2017
2/29/2016
2/28/2015
2/28/2014
Revenues6587436294831,2543,0841,803
Revenue, net 4831,2543,0841,803
Cost of revenue
(Cost of Goods and Services Sold)
   (164)(268)(330)(256)
Gross profit:6587436293199852,7541,547
Operating expenses(985)(1,096)(1,343)(1,351)(3,143)(2,046)(1,862)
Other undisclosed operating income   16426833038
Operating income (loss):(327)(353)(714)(869)(1,890)1,038(277)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
 10,525(1,741)(2,994)(2,316)(1,771) 
Interest and debt expense13,68712,371(1,741)3,926(3,356)(2,852)(1,440)
Other undisclosed income from continuing operations before equity method investments, income taxes10,525      
Income (loss) from continuing operations:23,88522,544(4,196)63(7,561)(3,585)(1,717)
Income from discontinued operations   395   
Income (loss) before gain (loss) on sale of properties:23,88522,544(4,196)458(7,561)(3,585)(1,717)
Other undisclosed net income      319
Net income (loss):23,88522,544(4,196)458(7,561)(3,585)(1,398)
Other undisclosed net income (loss) attributable to parent(12,371)(12,371)1,741(3,926)3,3562,852(151)
Net income (loss) attributable to parent:11,51310,172(2,455)(3,469)(4,205)(733)(1,550)
Preferred stock dividends and other adjustments(128)(128)(128)(130)(131)(133)(151)
Net income (loss) available to common stockholders, diluted:11,38610,045(2,583)(3,599)(4,336)(866)(1,701)

Comprehensive Income ($ in thousands)

11/30/2019
TTM
2/28/2019
2/28/2018
2/28/2017
2/29/2016
2/28/2015
2/28/2014
Net income (loss):23,88522,544(4,196)458(7,561)(3,585)(1,398)
Comprehensive income (loss), net of tax, attributable to parent:23,88522,544(4,196)458(7,561)(3,585)(1,398)

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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