Methes Energies International LTD (MEIL) financial statements (2020 and earlier)

Company profile

Business Address 3651 LINDELL ROAD
LAS VEGAS, NV 89103
State of Incorp. NV
Fiscal Year End November 30
SIC 286 - Industrial Organic Chemicals (benchmarking)
More info Complete financial analysis Financial benchmarking

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

11/30/2014
11/30/2013
11/30/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments66174403
Cash and cash equivalents66174403
Receivables2481,155303
Inventory, net of allowances, customer advances and progress billings4118011,197
Inventory4118011,197
Prepaid expense4285
Deferred costs  26
Prepaid expense and other current assets101
Other undisclosed current assets 49 
Total current assets:7662,2642,030
Noncurrent Assets
Property, plant and equipment7,8468,1798,232
Intangible assets, net (including goodwill), including:373393413
Intangible assets, net (excluding goodwill)373 312
Other undisclosed intangible assets, net (including goodwill) 393101
Other undisclosed noncurrent assets193014
Total noncurrent assets:8,2378,6028,659
TOTAL ASSETS:9,00310,86610,689
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:8492,9781,763
Accounts payable634 1,128
Accrued liabilities214 635
Other undisclosed accounts payable and accrued liabilities 2,978 
Debt1,1801,9621,510
Due to related parties81  
Customer advances and deposits145
Other undisclosed current liabilities 3,2791,618
Total current liabilities:2,2558,2194,890
Noncurrent Liabilities
Long-term debt and lease obligation1,837  
Long-term debt, excluding current maturities1,837  
Liabilities, other than long-term debt772  
Due to related parties772  
Total noncurrent liabilities:2,609  
Total liabilities:4,8648,2194,890
Stockholders' equity
Stockholders' equity attributable to parent4,1392,6485,799
Preferred stock00 
Common stock1277
Additional paid in capital26,34318,53316,033
Accumulated deficit(22,215)(15,893)(10,241)
Total stockholders' equity:4,1392,6485,799
TOTAL LIABILITIES AND EQUITY:9,00310,86610,689

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

11/30/2014
11/30/2013
11/30/2012
Revenues
(Revenue, Net)
5,4528,8706,550
Cost of revenue(5,701)(8,640)(6,343)
Cost of goods and services sold(5,681)(8,640)(6,343)
Other undisclosed gross profit212310344
Gross profit:(37)539551
Operating expenses(6,220)(6,130)(4,529)
Operating loss:(6,257)(5,590)(3,978)
Interest and debt expense493526(250)
Loss from continuing operations before equity method investments, income taxes:(5,764)(5,065)(4,228)
Other undisclosed income (loss) from continuing operations before income taxes(542)(587)262
Net loss available to common stockholders, diluted:(6,306)(5,652)(3,967)

Comprehensive Income ($ in thousands)

11/30/2014
11/30/2013
11/30/2012
Net loss:(6,306)(5,652)(3,967)
Comprehensive loss, net of tax, attributable to parent:(6,306)(5,652)(3,967)

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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