Houston American Energy Corporation (HUSA) financial statements (2021 and earlier)

Company profile

Business Address 801 TRAVIS STREET, SUITE 1425
HOUSTON, TX 77002
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 millions)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 010024
Cash and cash equivalents 010024
Receivables 000  9
Other undisclosed current assets 000000
Total current assets: 0110213
Noncurrent Assets
Operating lease, right-of-use asset 0
Property, plant and equipment 677236
Other noncurrent assets 000000
Other undisclosed noncurrent assets 0     
Total noncurrent assets: 777236
TOTAL ASSETS: 7883619
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 000000
Accounts payable 000000
Accrued liabilities 000000
Debt 0     
Estimated litigation liability      7
Due to related parties 1     
Other undisclosed current liabilities      2
Total current liabilities: 100009
Noncurrent Liabilities
Long-term debt and lease obligation 0     
Operating lease, liability 0
Liabilities, other than long-term debt 000000
Deferred revenue and credits0   
Deferred rent credit  0
Asset retirement obligations 000000
Total noncurrent liabilities: 000000
Total liabilities: 100009
Stockholders' equity
Stockholders' equity attributable to parent, including: 687359
Preferred stock   0   
Preferred stock, shares subscribed but unissued, subscriptions receivable (0)     
Common stock 000000
Treasury stock, value    (0)0 
Additional paid in capital 747372666666
Accumulated deficit (68)(65)(65)(63) (57)
Other undisclosed stockholders' equity attributable to parent 00  (61) 
Total stockholders' equity: 687359
TOTAL LIABILITIES AND EQUITY: 7883619

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

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues 121000
Revenue, net1000
Cost of revenue
(Cost of Goods and Services Sold)
   (0)(0)(0)(0)
Gross profit: 120000
Operating expenses (3)(3)(3)(3)(4)(4)
Other undisclosed operating income   0000
Operating loss: (2)(0)(2)(3)(4)(4)
Nonoperating income (expense) (0)0(0)0(0)(0)
Investment income, nonoperating 000000
Foreign currency transaction loss, before tax     (0) 
Other nonoperating income (expense)  00  (0)
Interest and debt expense (0) (0)   
Loss from continuing operations before equity method investments, income taxes: (3)(0)(2)(3)(4)(4)
Other undisclosed income from continuing operations before income taxes 0 0   
Loss from continuing operations before income taxes: (3)(0)(2)(3)(4)(4)
Income tax expense     (0)(0)
Net loss attributable to parent: (3)(0)(2)(3)(4)(4)
Other undisclosed net loss available to common stockholders, basic (0)(0)    
Net loss available to common stockholders, diluted: (3)(0)(2)(3)(4)(4)

Comprehensive Income ($ in millions)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss: (3)(0)(2)(3)(4)(4)
Comprehensive loss, net of tax, attributable to parent: (3)(0)(2)(3)(4)(4)

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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