HKN Inc (HKNI) financial statements (2022 and earlier)

Company profile

Business Address 180 STATE STREET
SOUTHLAKE, TX 76092
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)

12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments14,50214,30219,286
Cash and cash equivalents14,50214,30219,286
Receivables138334203
Disposal group, including discontinued operation 6 
Prepaid expense and other current assets297
Other undisclosed current assets288214 
Total current assets:14,92814,85619,786
Noncurrent Assets
Property, plant and equipment8,25219,04310,809
Long-term investments and receivables9,97931,13540,488
Long-term investments9,97919,31223,607
Due from related parties 11,82316,881
Intangible assets, net (including goodwill)1,4621,6671,872
Intangible assets, net (excluding goodwill)1,4621,6671,872
Prepaid expense and other noncurrent assets1,022
Other undisclosed noncurrent assets359259 
Total noncurrent assets:20,05252,10454,191
TOTAL ASSETS:34,98066,96073,977
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities6591,583260
Accrued liabilities6591,583260
Debt489  
Disposal group, including discontinued operation3,237160247
Other undisclosed current liabilities329838244
Total current liabilities:4,7142,581751
Noncurrent Liabilities
Long-term debt and lease obligation178  
Long-term debt, excluding current maturities15  
Capital lease obligations163  
Liabilities, other than long-term debt2802804
Asset retirement obligations224
Other liabilities 800800
Total noncurrent liabilities:180802804
Total liabilities:4,8943,3831,555
Stockholders' equity
Stockholders' equity attributable to parent, including:30,08663,57772,420
Common stock444
Additional paid in capital449,762450,394453,300
Accumulated other comprehensive income 8,82013,286
Accumulated deficit(419,680)(395,643)(394,170)
Other undisclosed stockholders' equity attributable to parent 2 
Other undisclosed stockholders' equity  2
Total stockholders' equity:30,08663,57772,422
TOTAL LIABILITIES AND EQUITY:34,98066,96073,977

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

12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
9881,093394
Cost of revenue
(Cost of Goods and Services Sold)
(218)(209)(49)
Gross profit:770884345
Operating expenses(22,216)(4,472)(4,971)
Other undisclosed operating income21820949
Operating loss:(21,228)(3,379)(4,577)
Nonoperating income5852,3771,954
Investment income, nonoperating(937)  
Loss from continuing operations before income taxes:(20,643)(1,002)(2,623)
Income tax benefit  80
Loss from continuing operations:(20,643)(1,002)(2,543)
Loss from discontinued operations(3,316)(471)(624)
Net loss attributable to parent:(23,959)(1,473)(3,167)
Preferred stock dividends and other adjustments(15)(16)(16)
Other undisclosed net income (loss) available to common stockholders, basic(63)1616
Net loss available to common stockholders, diluted:(24,037)(1,473)(3,167)

Comprehensive Income ($ in thousands)

12/31/2014
12/31/2013
12/31/2012
Net loss:(23,959)(1,473)(3,167)
Other comprehensive income (loss)(8,820)(4,466)3,283
Comprehensive income (loss), net of tax, attributable to parent:(32,779)(5,939)116

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: