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 investments | 180 | 735 | ||
| Cash and cash equivalents | 180 | 735 | ||
| Prepaid expense | 65 | 3 | ||
| Total current assets: | 245 | 738 | ||
| Noncurrent Assets | ||||
| Other noncurrent assets | 391,997 | 418,728 | ||
| Total noncurrent assets: | 391,997 | 418,728 | ||
| TOTAL ASSETS: | 392,242 | 419,465 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities, including: | 1,935 | 398 | ||
| Accrued liabilities | 40 | |||
| Taxes payable | 84 | 358 | ||
| Other undisclosed accounts payable and accrued liabilities | 1,851 | |||
| Due to related parties | 4,193 | |||
| Other undisclosed current liabilities | 84 | |||
| Total current liabilities: | 6,212 | 398 | ||
| Noncurrent Liabilities | ||||
| Total liabilities: | 6,212 | 398 | ||
| Temporary equity, carrying amount | 381,030 | |||
| Stockholders' equity | ||||
| Stockholders' equity attributable to parent, including: | 5,000 | 5,068 | ||
| Additional paid in capital | 797 | |||
| Retained earnings | 4,999 | 4,269 | ||
| Other undisclosed stockholders' equity attributable to parent | 1 | 1 | ||
| Total stockholders' equity: | 5,000 | 5,068 | ||
| Other undisclosed liabilities and equity | 414,000 | |||
| TOTAL LIABILITIES AND EQUITY: | 392,242 | 419,465 | ||
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) | 8,739 | 5,778 | |
| Income from continuing operations before income taxes: | 5,515 | 5,458 | |
| Income tax expense | (1,730) | (1,183) | |
| Net income available to common stockholders, diluted: | 3,785 | 4,275 | |
Comprehensive Income ($ in thousands)
| 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|
| Net income: | 3,785 | 4,275 | |
| Comprehensive income, net of tax, attributable to parent: | 3,785 | 4,275 | |
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.