Nitro Petroleum Inc (IGMC) financial statements (2020 and earlier)

Company profile

Business Address 260 -7250 EXPRESS WAY
OKLAHOMA CITY, OK 73132
State of Incorp.
Fiscal Year End January 31
SIC 10 - Metal Mining (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

1/31/2014
1/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments191160
Cash and cash equivalents191160
Receivables412201
Total current assets:603362
Noncurrent Assets
Property, plant and equipment3839
Oil and gas property, full cost method2,1671,015
Total noncurrent assets:2,2051,054
TOTAL ASSETS:2,8071,416
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities860416
Accounts payable508191
Accrued liabilities352225
Debt4179
Due to related parties21
Total current liabilities:903495
Noncurrent Liabilities
Liabilities, other than long-term debt3150
Asset retirement obligations3150
Other undisclosed noncurrent liabilities175 
Total noncurrent liabilities:20650
Total liabilities:1,109545
Stockholders' equity
Stockholders' equity attributable to parent, including:1,698871
Common stock75
Treasury stock, value(6) 
Additional paid in capital8,6147,058
Retained earnings (accumulated deficit)(6,917)6,192
Other undisclosed stockholders' equity attributable to parent0(12,384)
Total stockholders' equity:1,698871
TOTAL LIABILITIES AND EQUITY:2,8071,416

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

1/31/2014
1/31/2013
Revenues1,265678
Revenue, net581359
Cost of revenue
(Cost of Goods and Services Sold)
(1,132)(1,354)
Gross profit:133(676)
Operating expenses(1,408)(193)
Other operating income, net
(Other Expenses)
13 
Other undisclosed operating income550323
Operating loss:(712)(546)
Interest and debt expense(13) 
Net loss available to common stockholders, diluted:(725)(546)

Comprehensive Income ($ in thousands)

1/31/2014
1/31/2013
Net loss:(725)(546)
Comprehensive loss, net of tax, attributable to parent:(725)(546)

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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