Searchlight Minerals Corp (SRCH) financial statements (2021 and earlier)

Company profile

Business Address #120 - 2441 WEST HORIZON RIDGE PARKWAY
HENDERSON, NV 89052
State of Incorp. NV
Fiscal Year End December 31
SIC 10 - Metal Mining (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments0124
Cash and cash equivalents0124
Prepaid expense000
Deferred costs0   
Disposal group, including discontinued operation 0  
Prepaid expense and other current assets0
Total current assets:1124
Noncurrent Assets
Property, plant and equipment68911
Deposits noncurrent assets0000
Disposal group, including discontinued operation, noncurrent assets 0
Deferred costs 00 
Other undisclosed noncurrent assets130129148148
Total noncurrent assets:136137158159
TOTAL ASSETS:137138160163
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1100
Accounts payable1100
Employee-related liabilities0000
Other undisclosed accounts payable and accrued liabilities000 
Debt311 
Derivative instruments and hedges, liabilities1 00
Due to related parties10  
Other undisclosed current liabilities0(1)(1)0
Total current liabilities:6111
Noncurrent Liabilities
Long-term debt and lease obligation 33 
Long-term debt, excluding current maturities 33 
Liabilities, other than long-term debt48293840
Deferred tax liabilities, net48283740
Due to related parties00  
Derivative instruments and hedges, liabilities 11 
Other undisclosed noncurrent liabilities  11
Total noncurrent liabilities:48324241
Total liabilities:54334242
Stockholders' equity
Stockholders' equity attributable to parent, including:82105118121
Common stock0000
Additional paid in capital165160154154
Accumulated deficit(82)(55)  
Other undisclosed stockholders' equity attributable to parent  (37)(33)
Total stockholders' equity:82105118121
TOTAL LIABILITIES AND EQUITY:137138160163

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

12/31/2015
12/31/2014
12/31/2013
12/31/2012
Gross profit:000 
Operating expenses(6)(27)(7)(7)
Other undisclosed operating loss(0)(0)(0) 
Operating loss:(6)(27)(7)(7)
Nonoperating income (expense)0(1)1(0)
Investment income, nonoperating1(0)1(0)
Other nonoperating expense(0)(0)  
Interest and debt expense(1)(1)(0) 
Other undisclosed income from continuing operations before equity method investments, income taxes110 
Loss from continuing operations before income taxes:(6)(28)(6)(8)
Income tax expense (benefit)(21)1022
Net loss available to common stockholders, diluted:(27)(19)(4)(5)

Comprehensive Income ($ in millions)

12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net loss:(27)(19)(4)(5)
Other comprehensive loss  (4)(5)
Comprehensive loss, net of tax, attributable to parent:(27)(19)(8)(11)

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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