Pure Acquisition Corp. (PACQU) financial statements (2022 and earlier)

Company profile

Business Address 421 3RD STREET
FORT WORTH, TX 76102
State of Incorp. DE
Fiscal Year End December 31
SIC 677 - Blank Checks (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments180735
Cash and cash equivalents180735
Prepaid expense653
Total current assets:245738
Noncurrent Assets
Other noncurrent assets391,997418,728
Total noncurrent assets:391,997418,728
TOTAL ASSETS:392,242419,465
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,935398
Accrued liabilities 40
Taxes payable84358
Other undisclosed accounts payable and accrued liabilities1,851 
Due to related parties4,193 
Other undisclosed current liabilities84 
Total current liabilities:6,212398
Noncurrent Liabilities
Total liabilities:6,212398
Temporary equity, carrying amount381,030 
Stockholders' equity
Stockholders' equity attributable to parent, including:5,0005,068
Additional paid in capital 797
Retained earnings4,9994,269
Other undisclosed stockholders' equity attributable to parent11
Total stockholders' equity:5,0005,068
Other undisclosed liabilities and equity 414,000
TOTAL LIABILITIES AND EQUITY:392,242419,465

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

12/31/2019
12/31/2018
Operating expenses(3,224)(320)
Operating loss:(3,224)(320)
Nonoperating income
(Investment Income, Nonoperating)
8,7395,778
Income from continuing operations before income taxes:5,5155,458
Income tax expense(1,730)(1,183)
Net income available to common stockholders, diluted:3,7854,275

Comprehensive Income ($ in thousands)

12/31/2019
12/31/2018
Net income:3,7854,275
Comprehensive income, net of tax, attributable to parent:3,7854,275

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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