Eco-stim Energy Solutions Inc (ESES) financial statements (2022 and earlier)

Company profile

Business Address 2930 W SAM HOUSTON PARKWAY N
HOUSTON, TX 77041
State of Incorp. NV
Fiscal Year End December 31
SIC 1389 - Oil and Gas Field Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
3/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,7428,8261,73111,7428,3744,2920
Cash and cash equivalents3,7428,8261,73111,7427,0144,2920
Short-term investments    1,361  
Receivables18210,1672,8668,155264  
Inventory, net of allowances, customer advances and progress billings 3,6992,0471,5461,620
Inventory 3,6992,0471,5461,620  
Prepaid expense814,3631,9193,3282,497960
Disposal group, including discontinued operation25,030      
Other current assets6978832234409492
Total current assets:29,10527,8438,59525,00613,1645,7430
Noncurrent Assets
Property, plant and equipment2,05075,82638,38237,14327,9493,533 
Other noncurrent assets  326751937 
Total noncurrent assets:2,05075,82638,70837,89428,8863,533 
TOTAL ASSETS:31,155103,66947,30362,90042,0509,2760
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities18,94221,9316,9574,9565,1121,9018
Accounts payable15,18217,1112,4541,1131,9476778
Accrued liabilities3,7604,8214,5033,8433,1641,224 
Debt7,9167,8842,7893,69747559104
Due to related parties      164
Disposal group, including discontinued operation7,703      
Other undisclosed current liabilities    755556 
Total current liabilities:34,56129,8159,7468,6546,3422,516276
Noncurrent Liabilities
Long-term debt and lease obligation 1,17322,50423,48625,6252,721 
Long-term debt, excluding current maturities 1,17321,73722,00025,625  
Capital lease obligations  7671,486 2,721 
Other undisclosed noncurrent liabilities    2,102  
Total noncurrent liabilities: 1,17322,50423,48627,7272,721 
Total liabilities:34,56130,98832,25032,13934,0695,237276
Stockholders' equity
Stockholders' equity attributable to parent(3,406)72,68115,05330,7617,9814,039(276)
Preferred stock0      
Common stock757514146475
Treasury stock, value(57)(57)(57)(20)   
Additional paid in capital155,851144,07159,55757,30321,11610,0074,526
Accumulated other comprehensive income     26 
Accumulated deficit(159,275)(71,407)(44,461)(26,535)(13,141)(5,998)(4,877)
Total stockholders' equity:(3,406)72,68115,05330,7617,9814,039(276)
TOTAL LIABILITIES AND EQUITY:31,155103,66947,30362,90042,0509,2760

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

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
3/31/2013
Revenues40,71044,0188,35213,7558345 
Financial services revenue  5,0914,724  
Cost of revenue(51,579)(53,002)(10,630)(14,527)(4,304)(2) 
Cost of goods and services sold(51,579)(53,002)(10,630)(14,527) (2) 
Other undisclosed gross profit(2,537)      
Gross profit:(13,406)(8,985)(2,278)(772)(3,469)2 
Operating expenses(106,236)(69,930)(21,676)(25,933)(10,504)(3,579)(19)
Other undisclosed operating income54,11653,00210,63014,5274,304  
Operating loss:(65,527)(25,912)(13,324)(12,178)(9,670)(3,576)(19)
Nonoperating income (expense)(1,960)(1,668)(4,296)(872)7,27710,000 
Investment income, nonoperating    4,724  
Debt instrument, convertible, beneficial conversion feature     10,000 
Other nonoperating income (expense)(275)(354)(4,296)(872)2,527  
Interest and debt expense(1,685)(1,949)(3,979)(4,008)(2,013) (17)
Income (loss) from continuing operations before equity method investments, income taxes:(69,172)(29,529)(21,599)(17,058)(4,406)6,424(36)
Other undisclosed loss from continuing operations before income taxes     (10,000) 
Loss from continuing operations before income taxes:(69,172)(29,529)(21,599)(17,058)(4,406)(3,576)(36)
Income tax expense (benefit) 634(305)(344)   
Other undisclosed income from continuing operations1,685      
Loss from continuing operations:(67,486)(28,896)(21,904)(17,403)(4,406)(3,576)(36)
Loss from discontinued operations(20,381)      
Net loss:(87,867)(28,896)(21,904)(17,403)(4,406)(3,576)(36)
Other undisclosed net income (loss) attributable to parent 1,9493,9794,008(2,737)  
Net loss available to common stockholders, diluted:(87,867)(26,947)(17,925)(13,395)(7,142)(3,576)(36)

Comprehensive Income ($ in thousands)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
3/31/2013
Net loss:(87,867)(28,896)(21,904)(17,403)(4,406)(3,576)(36)
Other comprehensive loss    (26)  
Comprehensive loss:(87,867)(28,896)(21,904)(17,403)(4,432)(3,576)(36)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent   4,008(2,737)26 
Comprehensive loss, net of tax, attributable to parent:(87,867)(28,896)(21,904)(13,395)(7,168)(3,550)(36)

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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