Hii Technologies Inc (EXCB) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
8588 KATY FREEWAY, SUITE 430 HOUSTON, TX 77024 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1382 - Oil and Gas Field Exploration Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2015 MRQ | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 1,331 | 866 | 379 | |||
| Cash and cash equivalents | 1,331 | 866 | 379 | |||
| Restricted cash and investments | 1,667 | |||||
| Receivables | 10,820 | 4,003 | 1,309 | |||
| Deferred costs | 51 | 34 | ||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 56 | ||
| Other undisclosed current assets | 169 | 111 | ||||
| Total current assets: | 14,037 | 5,013 | 1,744 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 8,909 | 2,077 | 538 | |||
| Intangible assets, net (including goodwill) | 5,010 | 3,079 | 1,897 | |||
| Goodwill | 4,676 | 2,852 | 1,897 | |||
| Intangible assets, net (excluding goodwill) | 335 | 227 | ||||
| Deposits noncurrent assets | 258 | 34 | ||||
| Deferred costs | 60 | 20 | ||||
| Deferred tax assets, net | 5,639 | |||||
| Other undisclosed noncurrent assets | 4,673 | 4 | ||||
| Total noncurrent assets: | 24,550 | 5,210 | 2,439 | |||
| TOTAL ASSETS: | 38,587 | 10,223 | 4,183 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities, including: | 2,612 | 158 | 340 | |||
| Interest and dividends payable | 214 | |||||
| Taxes payable | 730 | 309 | 124 | |||
| Employee-related liabilities | 412 | 76 | 85 | |||
| Accounts payable | 4,358 | 3,421 | 365 | |||
| Accrued liabilities | 1,692 | 703 | 323 | |||
| Other undisclosed accounts payable and accrued liabilities | (4,794) | (4,351) | (557) | |||
| Debt | 19,617 | 2,764 | 896 | |||
| Due to related parties | 515 | |||||
| Other liabilities | 26 | |||||
| Other undisclosed current liabilities | 6,050 | 4,670 | 1,182 | |||
| Total current liabilities: | 28,794 | 7,592 | 2,445 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 2,381 | 1,159 | ||||
| Long-term debt, excluding current maturities | 74 | 1,159 | ||||
| Capital lease obligations | 2,307 | |||||
| Liabilities, other than long-term debt | 71 | |||||
| Due to related parties | 71 | |||||
| Other undisclosed noncurrent liabilities | 586 | 867 | ||||
| Total noncurrent liabilities: | 2,452 | 1,745 | 867 | |||
| Total liabilities: | 31,246 | 9,337 | 3,312 | |||
| Equity | ||||||
| Equity, attributable to parent, including: | 7,341 | 886 | 871 | |||
| Preferred stock | 2,848 | |||||
| Common stock | 56 | 48 | 43 | |||
| Additional paid in capital | 34,217 | 28,121 | 26,913 | |||
| Accumulated deficit | (28,780) | (27,284) | (26,085) | |||
| Other undisclosed equity, attributable to parent | (1,000) | |||||
| Total equity: | 7,341 | 886 | 871 | |||
| TOTAL LIABILITIES AND EQUITY: | 38,587 | 10,223 | 4,183 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues | 35,410 | 14,552 | 1,751 | ||
| Cost of revenue | (25,421) | (10,735) | (974) | ||
| Gross profit: | 9,989 | 3,817 | 778 | ||
| Operating expenses | (12,866) | (4,396) | (684) | ||
| Operating income (loss): | (2,878) | (579) | 93 | ||
| Nonoperating income (Investment Income, Nonoperating) | 6 | ||||
| Interest and debt expense | (4,745) | (502) | (64) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (7,622) | (1,075) | 30 | ||
| Other undisclosed loss from continuing operations before income taxes | (89) | ||||
| Loss from continuing operations before income taxes: | (7,622) | (1,075) | (59) | ||
| Income tax expense (benefit) | 5,414 | (106) | |||
| Loss from continuing operations: | (2,208) | (1,181) | (59) | ||
| Loss before gain (loss) on sale of properties: | (2,208) | (1,181) | (59) | ||
| Net loss: | (2,208) | (1,181) | (59) | ||
| Other undisclosed net loss attributable to parent | (187) | (17) | |||
| Net loss attributable to parent: | (2,395) | (1,198) | (59) | ||
| Preferred stock dividends and other adjustments | (720) | ||||
| Other undisclosed net loss available to common stockholders, basic | (205) | ||||
| Net loss available to common stockholders, diluted: | (3,321) | (1,198) | (59) | ||
Comprehensive Income ($ in thousands)
| 3/31/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net loss: | (2,208) | (1,181) | (59) | ||
| Comprehensive loss, net of tax, attributable to parent: | (2,208) | (1,181) | (59) | ||
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.