Fieldpoint Petroleum Corp (FPPP) financial statements (2020 and earlier)

Company profile

Business Address 609 CASTLE ROAD
AUSTIN, TX 78746
State of Incorp. CO
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)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2854098801,4679782,6481,408
Cash and cash equivalents2854098801,4679782,6481,408
Receivables238      
Prepaid expense12025923350 
Prepaid expense and other current assets6542
Deferred tax assets    9864171
Other undisclosed current assets5426776028251,0041,6691,664
Total current assets:1,1841,1101,4912,3162,4314,4463,286
Noncurrent Assets
Nontrade receivables79157   
Property, plant and equipment3,4236,4467,2548,20420,46720,51752
Oil and gas property, successful effort method    38,257  
Other noncurrent assets  25   
Other undisclosed noncurrent assets    (38,257) 19,798
Total noncurrent assets:3,5026,6037,2798,20420,46720,51719,850
TOTAL ASSETS:4,6867,7138,77010,52022,89824,96323,135
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,1848971,140892547742890
Accounts payable426428461460316  
Other undisclosed accounts payable and accrued liabilities758469678432231742890
Debt2,5852,7626,4786,478   
Asset retirement obligation15514641(128)   
Other undisclosed current liabilities426428461715316245286
Total current liabilities:4,3504,2338,1217,9578639871,176
Noncurrent Liabilities
Long-term debt and lease obligation    7,2406,7406,740
Long-term debt, excluding current maturities    7,2406,7406,740
Liabilities, other than long-term debt1,7861,6781,7001,6853,8274,6864,038
Asset retirement obligations1,7861,6781,7001,6851,7631,7131,596
Deferred tax liabilities, net    2,0642,9732,442
Total noncurrent liabilities:1,7861,6781,7001,68511,06711,42610,778
Total liabilities:6,1365,9119,8219,64311,93012,41311,954
Stockholders' equity
Stockholders' equity attributable to parent(1,450)1,802(1,051)87710,96812,55011,181
Common stock11611611298919090
Treasury stock, value(1,967)(1,967)(1,967)(1,967)(1,967)(1,967)(1,967)
Additional paid in capital13,71613,71613,53313,00112,11611,75111,662
Retained earnings (accumulated deficit)(13,315)(10,062)(12,729)(10,255)7282,6761,397
Total stockholders' equity:(1,450)1,802(1,051)87710,96812,55011,181
TOTAL LIABILITIES AND EQUITY:4,6867,7138,77010,52022,89824,96323,135

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

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues2,1703,0362,8013,9699,23210,54110,403
Revenue, net2,9432,6973,8699,10610,32510,241
Cost of revenue(1,212)(2,181)(2,509)(3,026)(3,925)(6,309)(5,623)
Cost of goods and services sold (2,181)(2,509)(3,026)(3,925)(3,910)(3,327)
Gross profit:9588552929445,3074,2334,780
Operating expenses(4,394)   (10,204)(1,937)(1,692)
Other undisclosed operating income (loss) (1,967)(2,507)(13,974)2,184  
Operating income (loss):(3,436)(1,113)(2,215)(13,030)(2,713)2,2963,089
Nonoperating income (expense)1783,628(258)86(252)(249)198
Other nonoperating income00016571
Interest and debt expense(168)(205)(259)(258)(263)(259)(264)
Other undisclosed income from continuing operations before equity method investments, income taxes168205259258263259264
Income (loss) from continuing operations before income taxes:(3,258)2,515(2,473)(12,944)(2,965)2,0463,286
Income tax expense (benefit)6151 1,9601,018(767)(1,174)
Net income (loss) available to common stockholders, diluted:(3,252)2,666(2,473)(10,983)(1,948)1,2792,112

Comprehensive Income ($ in thousands)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss):(3,252)2,666(2,473)(10,983)(1,948)1,2792,112
Comprehensive income (loss), net of tax, attributable to parent:(3,252)2,666(2,473)(10,983)(1,948)1,2792,112

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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