Foothills Exploration, Inc (FTXP) financial statements (2021 and earlier)

Company profile

Business Address 10940 WILSHIRE BLVD
LOS ANGELES, CA 90024
State of Incorp. DE
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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments11801 00
Cash and cash equivalents11801 00
Restricted cash and investments120     
Receivables1033    
Prepaid expense61549   
Total current assets:13748851 00
Noncurrent Assets
Property, plant and equipment614353   
Oil and gas property, successful effort method(412)     
Oil and gas property, full cost method12,42713,25411,198   
Restricted cash and investments 240240   
Other undisclosed noncurrent assets557295295   
Total noncurrent assets:12,57913,80212,087   
TOTAL ASSETS:12,71613,85012,937 00
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:4,3203,0531,924944625
Accounts payable   944625
Accrued liabilities 64    
Interest and dividends payable375     
Other undisclosed accounts payable and accrued liabilities3,9452,9891,924   
Debt1,5967,304    
Deferred rent credit 14
Derivative instruments and hedges, liabilities661     
Due to related parties8,0451,61311   
Other liabilities283306    
Other undisclosed current liabilities1,317782    
Total current liabilities:16,22213,0731,934944625
Noncurrent Liabilities
Long-term debt and lease obligation33 6,000   
Long-term debt, excluding current maturities33 6,000   
Liabilities, other than long-term debt340303 3728 
Asset retirement obligations340303    
Due to related parties   3728 
Other undisclosed noncurrent liabilities   353546
Total noncurrent liabilities:3733036,000716246
Total liabilities:16,59513,3767,93416510871
Stockholders' equity
Stockholders' equity attributable to parent, including:(3,879)4745,003(165)(108)(71)
Common stock211111
Common stock, value, subscriptions 9451  
Additional paid in capital11,1738,8476,925595959
Accumulated deficit(15,054)(8,468)(1,975)(225)(169) 
Other undisclosed stockholders' equity attributable to parent     (132)
Total stockholders' equity:(3,879)4745,003(165)(108)(71)
TOTAL LIABILITIES AND EQUITY:12,71613,85012,937 00

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

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Gross profit:2,567155    
Operating expenses(7,277)(5,603)(1,913)(57)(37)(33)
Operating loss:(4,709)(5,448)(1,913)(57)(37)(33)
Nonoperating expense(1,876)(1,046)(28)   
Interest and debt expense27548(28)   
Loss from continuing operations before equity method investments, income taxes:(6,311)(6,445)(1,969)(57)(37)(33)
Other undisclosed income from continuing operations before income taxes  28   
Net loss:(6,311)(6,445)(1,941)(57)(37)(33)
Other undisclosed net loss attributable to parent(275)(48)    
Net loss available to common stockholders, diluted:(6,586)(6,494)(1,941)(57)(37)(33)

Comprehensive Income ($ in thousands)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net loss:(6,311)(6,445)(1,941)(57)(37)(33)
Comprehensive loss, net of tax, attributable to parent:(6,311)(6,445)(1,941)(57)(37)(33)

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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