Geopetro Resources Co (GEOR) financial statements (2022 and earlier)

Company profile

Business Address 150 CALIFORNIA STREET
SAN FRANCISCO, CA 94111
State of Incorp. CA
Fiscal Year End December 31
SIC 1382 - Oil and Gas Field Exploration Services (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 investments1159
Cash and cash equivalents1159
Prepaid expense35
Prepaid expense and other current assets65
Other undisclosed current assets175
Total current assets:62130
Noncurrent Assets
Property, plant and equipment1729
Oil and gas property, full cost method23,29923,524
Other noncurrent assets37
Prepaid expense and other noncurrent assets37
Total noncurrent assets:23,35323,590
TOTAL ASSETS:23,41523,720
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,3861,481
Accounts payable2,1521,347
Taxes payable234135
Due to related parties901565
Other undisclosed current liabilities4,8102,285
Total current liabilities:8,0964,331
Noncurrent Liabilities
Long-term debt and lease obligation801,644
Long-term debt, excluding current maturities801,644
Liabilities, other than long-term debt128142
Asset retirement obligations7575
Other liabilities5367
Total noncurrent liabilities:2081,786
Total liabilities:8,3046,117
Stockholders' equity
Stockholders' equity attributable to parent15,11117,603
Preferred stock3,8343,874
Common stock59,69759,117
Additional paid in capital4,5584,342
Accumulated deficit(52,977)(49,730)
Total stockholders' equity:15,11117,603
TOTAL LIABILITIES AND EQUITY:23,41523,720

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

12/31/2013
12/31/2012
Revenues
(Revenue, Net)
97434
Cost of revenue(421)(1,423)
Cost of goods and services sold(421)(1,228)
Gross profit:(325)(990)
Operating expenses(2,189)(2,584)
Other undisclosed operating loss(70)(82)
Operating loss:(2,584)(3,656)
Nonoperating expense(340)(270)
Interest and debt expense(345)(296)
Loss from continuing operations before income taxes:(3,269)(4,221)
Income tax expense(2)(10)
Net loss:(3,271)(4,231)
Other undisclosed net income attributable to parent345296
Net loss attributable to parent:(2,925)(3,935)
Preferred stock dividends and other adjustments(322)(325)
Net loss available to common stockholders, diluted:(3,248)(4,261)

Comprehensive Income ($ in thousands)

12/31/2013
12/31/2012
Net loss:(3,271)(4,231)
Comprehensive loss, net of tax, attributable to parent:(3,271)(4,231)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: