Midwest Energy Emissions Corp (MEEC) financial statements (2021 and earlier)

Company profile

Business Address 1810 JESTER DRIVE
CORSICANA, TX 75109
State of Incorp. DE
Fiscal Year End December 31
SIC 3829 - Measuring and Controlling Devices, Not Elsewhere Classified (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 112817
Cash and cash equivalents 112817
Receivables 123410
Inventory, net of allowances, customer advances and progress billings, including: 111126
Inventory 111136
Other undisclosed inventory, net of allowances, customer advances and progress billings     (0) 
Prepaid expense     00
Other undisclosed current assets 000010
Total current assets: 43612514
Noncurrent Assets
Finance lease, right-of-use asset 1
Inventory, real estate 2     
Property, plant and equipment 223310
Intangible assets, net (including goodwill) 3  000
Intangible assets, net (excluding goodwill) 3  000
Regulated entity, other noncurrent assets (5)   (2) 
Deferred costs   0111
Deferred tax assets, net  1  
Other undisclosed noncurrent assets 333 22
Total noncurrent assets: 656424
TOTAL ASSETS: 981216717
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 222411
Other undisclosed accounts payable and accrued liabilities 222411
Debt 000023
Deferred compensation liability 01    
Deferred revenue and credits1111
Other liabilities      0
Other undisclosed current liabilities 104226
Total current liabilities: 4376711
Noncurrent Liabilities
Long-term debt and lease obligation 1700005
Long-term debt, excluding current maturities 1600005
Operating lease, liability 1
Other undisclosed noncurrent liabilities (3)141014136
Total noncurrent liabilities: 141410141311
Total liabilities: 181716212022
Stockholders' equity
Stockholders' equity attributable to parent (9)(9)(4)(5)(13)(5)
Common stock 000000
Additional paid in capital 494342502519
Accumulated deficit (58)(51)(47)(55)(38)(24)
Total stockholders' equity: (9)(9)(4)(5)(13)(5)
TOTAL LIABILITIES AND EQUITY: 981216717

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 11122732133
Revenue, net273052
Cost of revenue (11)(11)(19)(23)(15)(8)
Cost of goods and services sold (8)(9)(19)(23)(9)(2)
Gross profit: 1189(2)(6)
Operating expenses (7)(6)(8)(7)(2)(1)
Operating income (loss): (6)(5)02(4)(6)
Interest and debt expense (3)(2)(0)0(1)(0)
Other undisclosed income from continuing operations before equity method investments, income taxes 3     
Income (loss) from continuing operations before income taxes: (6)(7)(0)2(4)(6)
Income tax expense (benefit) 0(0)(1) (0) 
Income (loss) before gain (loss) on sale of properties: (6)(7)(1)2(4)(6)
Other undisclosed net loss (0)     
Net income (loss): (6)(7)(1)2(4)(6)
Other undisclosed net income (loss) attributable to parent  2(2)(19)(10)1
Net loss available to common stockholders, diluted: (6)(5)(3)(17)(14)(5)

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 income (loss): (6)(7)(1)2(4)(6)
Comprehensive income (loss), net of tax, attributable to parent: (6)(7)(1)2(4)(6)

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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