Passport Potash Inc (PPI) financial statements (2020 and earlier)
Company profile
| Business Address |
SUITE 608, 1199 WEST PENDER STREET VANCOUVER, BC V6E 2R1 |
| State of Incorp. | BC |
| Fiscal Year End | February 28 |
| SIC | 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 2/28/2014 | 2/28/2013 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 49 | 1,644 | ||
| Cash and cash equivalents | 49 | 1,644 | ||
| Receivables | 5 | 57 | ||
| Prepaid expense | 114 | ✕ | ||
| Deferred costs | 4 | 37 | ||
| Prepaid expense and other current assets | ✕ | 273 | ||
| Other undisclosed current assets | 350 | |||
| Total current assets: | 171 | 2,360 | ||
| Noncurrent Assets | ||||
| Property, plant and equipment | 1 | 1 | ||
| Deposits noncurrent assets | 975 | |||
| Other undisclosed noncurrent assets | 1,615 | 1,615 | ||
| Total noncurrent assets: | 1,616 | 2,591 | ||
| TOTAL ASSETS: | 1,787 | 4,951 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities, including: | 981 | 1,053 | ||
| Other undisclosed accounts payable and accrued liabilities | 981 | 1,053 | ||
| Debt | 1,099 | 1,624 | ||
| Derivative instruments and hedges, liabilities | 42 | 1,620 | ||
| Other undisclosed current liabilities | 95 | |||
| Total current liabilities: | 2,217 | 4,297 | ||
| Noncurrent Liabilities | ||||
| Long-term debt and lease obligation | 5,001 | |||
| Long-term debt, excluding current maturities | 5,001 | |||
| Total noncurrent liabilities: | 5,001 | |||
| Other undisclosed liabilities | 350 | |||
| Total liabilities: | 7,218 | 4,647 | ||
| Stockholders' equity | ||||
| Stockholders' equity attributable to parent, including: | (5,432) | 304 | ||
| Common stock | 35,033 | 33,659 | ||
| Additional paid in capital | 16,922 | 15,088 | ||
| Accumulated deficit | (13,515) | (13,515) | ||
| Other undisclosed stockholders' equity attributable to parent | (43,872) | (34,929) | ||
| Total stockholders' equity: | (5,432) | 304 | ||
| TOTAL LIABILITIES AND EQUITY: | 1,787 | 4,951 | ||
Income statement (P&L) ($ in thousands)
| 2/28/2014 | 2/28/2013 | ||
|---|---|---|---|
| Gross profit: | (1,924) | (9,411) | |
| Operating expenses | (4,297) | (732) | |
| Other undisclosed operating income (loss) | 584 | (3,485) | |
| Operating loss: | (5,638) | (13,628) | |
| Nonoperating income (expense) | (3,305) | 4,154 | |
| Interest and debt expense | (831) | ||
| Net loss: | (9,774) | (9,475) | |
| Other undisclosed net income attributable to parent | 831 | ||
| Net loss available to common stockholders, diluted: | (8,943) | (9,475) | |
Comprehensive Income ($ in thousands)
| 2/28/2014 | 2/28/2013 | ||
|---|---|---|---|
| Net loss: | (9,774) | (9,475) | |
| Comprehensive loss, net of tax, attributable to parent: | (9,774) | (9,475) | |
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.