AMERICAN NOBLE GAS, INC. (IFNY) Financial Statements (2024 and earlier)
Company Profile
Business Address |
15612 COLLEGE BLVD. LENEXA, KS 66219 |
State of Incorp. | NV |
Fiscal Year End | December 31 |
Industry (SIC) | 1381 - Drilling Oil and Gas Wells (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 10 | 261 | 11 | 2 | 1 | 6 | |||
Cash and cash equivalents | 10 | 261 | 11 | 2 | 1 | 6 | |||
Receivables | 47 | 11 | |||||||
Prepaid expense | 13 | 13 | |||||||
Other undisclosed current assets | 75 | ||||||||
Total current assets: | 70 | 285 | 86 | 2 | 1 | 6 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 89 | 821 | |||||||
Oil and gas property, full cost method | 900 | ||||||||
Other undisclosed noncurrent assets | 201 | ||||||||
Total noncurrent assets: | 1,190 | 821 | |||||||
TOTAL ASSETS: | 1,260 | 1,106 | 86 | 2 | 1 | 6 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 2,547 | 2,136 | 4,976 | 10,398 | 10,251 | 9,943 | |||
Interest and dividends payable | ✕ | ✕ | 1 | 48 | 529 | 510 | 393 | ||
Accounts payable | 1,388 | 976 | 1,190 | 6,091 | 6,041 | 6,005 | |||
Accrued liabilities | 1,159 | 1,159 | 3,738 | 3,778 | 3,700 | 3,544 | |||
Debt | 219 | 1,104 | 3,535 | 3,371 | |||||
Derivative instruments and hedges, liabilities | 577 | ||||||||
Asset retirement obligation | 1,716 | 1,716 | 1,716 | 1,716 | |||||
Deferred tax liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | 150 | |||
Other undisclosed current liabilities | 1,634 | 376 | |||||||
Total current liabilities: | 4,758 | 2,512 | 6,910 | 13,218 | 15,502 | 15,180 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 29 | 29 | |||||||
Long-term debt, excluding current maturities | 29 | 29 | |||||||
Liabilities, other than long-term debt | 1,732 | 1,730 | 0 | 1 | 66 | 1,820 | |||
Asset retirement obligations | 1,732 | 1,730 | 1,716 | ||||||
Derivative instruments and hedges, liabilities | 0 | 1 | 66 | 104 | |||||
Other undisclosed noncurrent liabilities | 13,464 | ||||||||
Total noncurrent liabilities: | 1,761 | 1,759 | 0 | 1 | 66 | 15,285 | |||
Total liabilities: | 6,519 | 4,271 | 6,911 | 13,219 | 15,567 | 30,465 | |||
Equity | |||||||||
Equity, attributable to parent | (5,259) | (3,165) | (6,824) | (13,217) | (15,566) | (15,278) | |||
Preferred stock | 0 | 0 | |||||||
Common stock | 2 | 2 | 2 | 1 | 1 | 1 | |||
Additional paid in capital | 117,369 | 115,523 | 110,352 | 109,584 | 109,080 | 109,080 | |||
Accumulated deficit | (122,630) | (118,690) | (117,179) | (122,802) | (124,647) | (124,359) | |||
Other undisclosed equity, attributable to parent | |||||||||
Total equity: | (5,259) | (3,165) | (6,824) | (13,217) | (15,566) | (15,278) | |||
Other undisclosed liabilities and equity | (15,180) | ||||||||
TOTAL LIABILITIES AND EQUITY: | 1,260 | 1,106 | 86 | 2 | 1 | 6 |
Income Statement (P&L) ($ in thousands)
9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 117 | 79 | ||||||
Cost of revenue (Cost of Goods and Services Sold) | (1,108) | |||||||
Gross profit: | 117 | (1,029) | ||||||
Operating expenses | (2,818) | (1,662) | (316) | (419) | (209) | (469) | ||
Other undisclosed operating income | 1,108 | |||||||
Operating loss: | (2,701) | (1,583) | (316) | (419) | (209) | (469) | ||
Nonoperating income (expense) | (1,239) | (21) | 5,940 | 2,264 | (229) | (1,942) | ||
Investment income, nonoperating | 4,840 | 39 | ||||||
Debt instrument, convertible, beneficial conversion feature | 2,197 | |||||||
Other nonoperating expense | (1,942) | |||||||
Interest and debt expense | (914) | 87 | 6,150 | 2,446 | (117) | (116) | ||
Other undisclosed income from continuing operations before equity method investments, income taxes | 117 | 116 | ||||||
Income (loss) from continuing operations before equity method investments, income taxes: | (4,854) | (1,517) | 11,774 | 4,290 | (438) | (2,411) | ||
Other undisclosed income (loss) from continuing operations before income taxes | 914 | (87) | (6,150) | (2,446) | ||||
Income (loss) from continuing operations before income taxes: | (3,940) | (1,604) | 5,624 | 1,845 | (438) | (2,411) | ||
Income tax benefit | 150 | |||||||
Income (loss) from continuing operations: | (3,940) | (1,604) | 5,624 | 1,845 | (288) | (2,411) | ||
Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | (1,604) | 5,624 | 1,845 | (288) | (2,411) | |
Net income (loss) attributable to parent: | (3,940) | (1,604) | 5,624 | 1,845 | (288) | (2,411) | ||
Preferred stock dividends and other adjustments | (232) | (174) | ||||||
Net income (loss) available to common stockholders, diluted: | (4,172) | (1,778) | 5,624 | 1,845 | (288) | (2,411) |
Comprehensive Income ($ in thousands)
9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
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Net income (loss): | (3,940) | (1,604) | 5,624 | 1,845 | (288) | (2,411) | ||
Comprehensive income (loss), net of tax, attributable to parent: | (3,940) | (1,604) | 5,624 | 1,845 | (288) | (2,411) |
Statements Sources
The financial statements are based on the Company's filings with 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.