Ocean Electric, Inc. (OCEL) financial statements (2021 and earlier)

Company profile

Business Address 112 NORTH CURRY STREET
CARSON CITY, NV 89703
State of Incorp.
Fiscal Year End December 31
SIC 4911 - Electric Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 2306
Cash and cash equivalents 2306
Total current assets: 2306
Noncurrent Assets
Property, plant and equipment2  
Intangible assets, net (including goodwill)1,3181,4301,542
Intangible assets, net (excluding goodwill)1,3181,4301,542
Prepaid expense296296
Other undisclosed noncurrent assets 2296
Total noncurrent assets:1,6171,7291,838
Other undisclosed assets0  
TOTAL ASSETS:1,6171,7312,144
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:240146 
Other undisclosed accounts payable and accrued liabilities240146 
Debt205 912
Due to related parties21  
Other undisclosed current liabilities 8(425)
Total current liabilities:466155487
Noncurrent Liabilities
Long-term debt and lease obligation198144702
Long-term debt, excluding current maturities198144702
Other undisclosed noncurrent liabilities(198)490 
Total noncurrent liabilities: 634702
Total liabilities:4667891,189
Stockholders' equity
Stockholders' equity attributable to parent1,150942954
Common stock625556
Additional paid in capital8,2887,5417,540
Accumulated other comprehensive loss(5)(2) 
Accumulated deficit(7,195)(6,651)(6,641)
Total stockholders' equity:1,150942954
TOTAL LIABILITIES AND EQUITY:1,6171,7312,144

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

12/31/2014
12/31/2013
12/31/2012
Operating expenses(503)(495)(6,259)
Other operating expense, net(41)  
Other undisclosed operating income41  
Operating loss:(503)(495)(6,259)
Nonoperating income (expense)(41)485(102)
Other nonoperating income (expense)(41)485 
Interest and debt expense(41)(48)(102)
Loss from continuing operations before equity method investments, income taxes:(585)(58)(6,463)
Other undisclosed income from continuing operations before income taxes1,1327012,825
Income from continuing operations before income taxes:547126,361
Income tax expense(2,448)  
Income (loss) before gain (loss) on sale of properties:(1,901)126,361
Other undisclosed net income1,352  
Net income (loss):(549)126,361
Other undisclosed net income (loss) attributable to parent5(22)(12,723)
Net loss available to common stockholders, diluted:(544)(10)(6,361)

Comprehensive Income ($ in thousands)

12/31/2014
12/31/2013
12/31/2012
Net income (loss):(549)126,361
Other comprehensive loss(547)(12) 
Comprehensive income (loss), net of tax, attributable to parent:(1,096)(12)6,361

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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