Far East Energy Corp (FEEC) financial statements (2022 and earlier)

Company profile

Business Address 363 NORTH SAM HOUSTON PKWY
HOUSTON, TX 77060
State of Incorp. NV
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments17,5711,340
Cash and cash equivalents17,5711,340
Receivables161163
Inventory, net of allowances, customer advances and progress billings1,261423
Inventory1,261423
Deposits current assets142677
Prepaid expense and other current assets512385
Total current assets:19,6472,988
Noncurrent Assets
Property, plant and equipment102,63471,065
Oil and gas property, successful effort method101,33469,929
Deferred costs2,227371
Prepaid expense and other noncurrent assets604658
Other undisclosed noncurrent assets(101,334)(69,929)
Total noncurrent assets:105,46572,094
TOTAL ASSETS:125,11275,082
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities40,17122,385
Accounts payable15,84214,814
Accrued liabilities24,3297,571
Debt87,99525,730
Total current liabilities:128,16648,115
Noncurrent Liabilities
Long-term debt and lease obligation68,638 
Long-term debt, excluding current maturities68,626 
Capital lease obligations12 
Liabilities, other than long-term debt1,302840
Asset retirement obligations1,302840
Other undisclosed noncurrent liabilities(68,626) 
Total noncurrent liabilities:1,314840
Total liabilities:129,48048,955
Stockholders' equity
Stockholders' equity attributable to parent(4,368)26,127
Common stock346345
Additional paid in capital178,584175,554
Deferred compensation equity(503)(987)
Accumulated deficit(182,795)(148,785)
Total stockholders' equity:(4,368)26,127
TOTAL LIABILITIES AND EQUITY:125,11275,082

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

12/31/2013
12/31/2012
Revenues1,5861,644
Revenue, net1,5861,644
Cost of revenue
(Cost of Goods and Services Sold)
(5,425)(5,129)
Gross profit:(3,839)(3,485)
Operating expenses(23,015)(24,057)
Other undisclosed operating income5,4255,129
Operating loss:(21,429)(22,413)
Nonoperating expense(12,581)(4,747)
Interest and debt expense(11,755)(4,756)
Other undisclosed income from continuing operations before equity method investments, income taxes11,7554,756
Net loss available to common stockholders, diluted:(34,010)(27,160)

Comprehensive Income ($ in thousands)

12/31/2013
12/31/2012
Net loss:(34,010)(27,160)
Comprehensive loss, net of tax, attributable to parent:(34,010)(27,160)

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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