Eflo Energy Inc (EFLO) Financial Statements (2024 and earlier)

Company Profile

Business Address 112 NORTH CURRY
CARSON CITY, NV 89703
State of Incorp. NV
Fiscal Year End August 31
Industry (SIC) 1382 - Oil and Gas Field Exploration Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

5/31/2015
MRQ
8/31/2014
8/31/2013
8/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 650,599476,5222,206,347
Cash and cash equivalents 650,599476,5222,206,347
Prepaid expense 47,86441,565
Prepaid expense and other current assets204,892
Other undisclosed current assets 1,620,080931,887318,889
Total current assets: 2,318,5431,449,9742,730,128
Noncurrent Assets
Intangible assets, net (including goodwill) 1,194,3651,194,365
Goodwill 1,194,3651,194,365 
Other noncurrent assets 1,194,3651,194,365
Prepaid expense and other noncurrent assets1,194,365
Other undisclosed noncurrent assets 49,111,62447,703,60722,107,381
Total noncurrent assets: 51,500,35450,092,33723,301,746
TOTAL ASSETS: 53,818,89751,542,31126,031,874
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 4,250,6253,117,6271,483,041
Other undisclosed accounts payable and accrued liabilities 4,250,6253,117,6271,483,041
Debt 3,396,036  
Asset retirement obligation 80,000  
Other undisclosed current liabilities  80,00080,000
Total current liabilities: 7,726,6613,197,6271,563,041
Noncurrent Liabilities
Liabilities, other than long-term debt 17,759,02317,066,7507,057,716
Asset retirement obligations 17,759,02317,066,7507,057,716
Other undisclosed noncurrent liabilities 3,297,4342,779,849 
Total noncurrent liabilities: 21,056,45719,846,5997,057,716
Total liabilities: 28,783,11823,044,2268,620,757
Equity
Equity, attributable to parent 25,035,77928,498,08517,411,117
Common stock 19,89819,48817,479
Additional paid in capital 30,493,04529,153,19421,830,083
Accumulated other comprehensive loss (90,423)(43,488)(2,959)
Accumulated deficit (5,386,741)(631,109)(4,433,486)
Total equity: 25,035,77928,498,08517,411,117
TOTAL LIABILITIES AND EQUITY: 53,818,89751,542,31126,031,874

Income Statement (P&L) (USD)

5/31/2015
TTM
8/31/2014
8/31/2013
8/31/2012
Gross profit: (2,572,560)(3,614,394)(2,534,729)
Operating expenses (1,044,805)(1,598,154)(267,797)
Operating loss: (3,617,365)(5,212,548)(2,802,526)
Nonoperating income (expense)
(loss, Foreign Currency Transaction, before Tax)
 (46,935)(40,529)(2,959)
Interest and debt expense (620,682)27,987 
Loss from continuing operations before equity method investments, income taxes: (4,284,982)(5,225,090)(2,805,485)
Other undisclosed income from continuing operations before income taxes 46,93511,807,316 
Income (loss) from continuing operations before income taxes: (4,238,047)6,582,226(2,805,485)
Income tax expense (517,585)(2,779,849) 
Income (loss) from continuing operations: (4,755,632)3,802,377(2,805,485)
Income (loss) before gain (loss) on sale of properties: (4,755,632)3,802,377(2,805,485)
Other undisclosed net income   2,959
Net income (loss) available to common stockholders, diluted: (4,755,632)3,802,377(2,802,526)

Comprehensive Income (USD)

5/31/2015
TTM
8/31/2014
8/31/2013
8/31/2012
Net income (loss): (4,755,632)3,802,377(2,802,526)
Other comprehensive loss (4,802,567)  
Comprehensive income (loss): (9,558,199)3,802,377(2,802,526)
Other undisclosed comprehensive income, net of tax, attributable to parent 4,755,632  
Comprehensive income (loss), net of tax, attributable to parent: (4,802,567)3,802,377(2,802,526)

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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