Petroshare Corp (PRHR) financial statements (2022 and earlier)

Company profile

Business Address 9635 MAROON CIRCLE
ENGLEWOOD, CO 80112
State of Incorp. CO
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,6377142,4493,011
Cash and cash equivalents2,6377142,4493,011
Receivables496829240 
Assets held-for-sale, not part of disposal group16,091   
Other undisclosed current assets12,9961,8961,671414
Total current assets:32,2203,4384,3613,425
Noncurrent Assets
Property, plant and equipment115168402
Oil and gas property, successful effort method29,87231,07313,610756
Other noncurrent assets357234164
Total noncurrent assets:30,34531,47513,666762
TOTAL ASSETS:62,56434,91318,0274,187
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:24,3854,1403,009313
Accounts payable2,501148  
Interest and dividends payable 87630249
Other undisclosed accounts payable and accrued liabilities21,8843,1162,707264
Debt29,5406,8327,089 
Derivative instruments and hedges, liabilities242   
Asset retirement obligation844289  
Due to related parties7,625589  
Other undisclosed current liabilities2,5019,3813791
Total current liabilities:65,13721,23110,477314
Noncurrent Liabilities
Long-term debt and lease obligation 4,8975,8151,062
Long-term debt, excluding current maturities 4,8975,8151,062
Liabilities, other than long-term debt1,69590296935
Asset retirement obligations1,24683594535
Other liabilities4486723 
Total noncurrent liabilities:1,6955,7986,7841,097
Total liabilities:66,83227,03017,2601,411
Stockholders' equity
Stockholders' equity attributable to parent(4,267)7,8837662,776
Common stock28282222
Additional paid in capital33,71128,55410,5938,124
Accumulated deficit(38,006)(20,698)(9,849)(5,370)
Total stockholders' equity:(4,267)7,8837662,776
TOTAL LIABILITIES AND EQUITY:62,56434,91318,0274,187

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

12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues20,40411,1083331
Revenue, net11,108333 
Cost of revenue
(Cost of Goods and Services Sold)
 (723)(168)(32)
Gross profit:20,40410,385165(31)
Operating expenses(25,963)(10,929)(4,492)(1,476)
Other undisclosed operating income 72316832
Operating income (loss):(5,560)179(4,159)(1,475)
Nonoperating income (expense)(9,475)(6,697)(320)0
Investment income, nonoperating   0
Debt instrument, convertible, beneficial conversion feature2,2734,329  
Other nonoperating expense(11,748)(11,026)(320) 
Interest and debt expense(13,074)(9,294)(321)(49)
Loss before gain (loss) on sale of properties:(28,109)(15,812)(4,800)(1,523)
Other undisclosed net income10,8024,964  
Net loss:(17,308)(10,847)(4,800)(1,523)
Other undisclosed net income attributable to parent  321 
Net loss available to common stockholders, diluted:(17,308)(10,847)(4,479)(1,523)

Comprehensive Income ($ in thousands)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net loss:(17,308)(10,847)(4,800)(1,523)
Comprehensive loss, net of tax, attributable to parent:(17,308)(10,847)(4,800)(1,523)

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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