Surge Global Energy Inc (SRGG) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
75-153 MERLE DRIVE, SUITE B PALM DESERT, CA 92211 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 3/31/2015 MRQ | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 25,159 | 61,521 | 90,541 | |||
| Cash and cash equivalents | 25,159 | 61,521 | 90,541 | |||
| Receivables | 105 | |||||
| Prepaid expense | 12,638 | 18,026 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 8,991 | ||
| Total current assets: | 37,797 | 79,652 | 99,532 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 7,179 | 11,576 | (36,045) | |||
| Oil and gas property, successful effort method | (250,470) | |||||
| Oil and gas property, full cost method | 41,884 | |||||
| Long-term investments and receivables | 1,490,923 | 1,629,614 | 1,733,632 | |||
| Long-term investments | 1,490,923 | 1,629,614 | 1,733,632 | |||
| Other undisclosed noncurrent assets | 255,470 | 5,000 | 36,045 | |||
| Total noncurrent assets: | 1,503,102 | 1,688,074 | 1,733,632 | |||
| TOTAL ASSETS: | 1,540,899 | 1,767,726 | 1,833,164 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities, including: | 49,932 | 144,255 | 39,243 | |||
| Other undisclosed accounts payable and accrued liabilities | 49,932 | 144,255 | 39,243 | |||
| Other undisclosed current liabilities | 393,000 | |||||
| Total current liabilities: | 49,932 | 537,255 | 39,243 | |||
| Noncurrent Liabilities | ||||||
| Total liabilities: | 49,932 | 537,255 | 39,243 | |||
| Equity | ||||||
| Equity, attributable to parent, including: | 1,490,967 | 1,230,471 | 1,793,921 | |||
| Common stock | 14,765 | 12,920 | 8,803 | |||
| Additional paid in capital | 56,846,764 | 55,588,209 | 55,040,326 | |||
| Accumulated other comprehensive loss | (242,709) | (104,018) | ||||
| Accumulated deficit | (55,127,853) | (12,337,512) | (12,337,512) | |||
| Other undisclosed equity, attributable to parent | (41,929,128) | (40,917,696) | ||||
| Total equity: | 1,490,967 | 1,230,471 | 1,793,921 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,540,899 | 1,767,726 | 1,833,164 | |||
Income Statement (P&L) (USD)
| 3/31/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues | 145 | 2,387 | |||
| Revenue, net | 2,387 | ||||
| Cost of revenue (Cost of Goods and Services Sold) | (86) | (697) | |||
| Gross profit: | 59 | 1,690 | |||
| Operating expenses | (860,354) | (912,697) | (1,687,275) | ||
| Operating loss: | (860,295) | (911,007) | (1,687,275) | ||
| Nonoperating income (Investment Income, Nonoperating) | 51 | ||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 1,721,295 | 3,395,224 | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | 861,000 | (911,007) | 1,708,000 | ||
| Other undisclosed loss from continuing operations before income taxes | (1,722,213) | (425) | (3,416,820) | ||
| Loss from continuing operations: | (861,213) | (911,432) | (1,708,820) | ||
| Loss before gain (loss) on sale of properties: | (861,213) | (911,432) | (1,708,820) | ||
| Net loss available to common stockholders, diluted: | (861,213) | (911,432) | (1,708,820) | ||
Comprehensive Income (USD)
| 3/31/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net loss: | (861,213) | (911,432) | (1,708,820) | ||
| Comprehensive loss: | (861,213) | (911,432) | (1,708,820) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (138,691) | (104,018) | 381,402 | ||
| Comprehensive loss, net of tax, attributable to parent: | (999,904) | (1,015,450) | (1,327,418) | ||
Statements Sources
The financial statements are based on the Company's filings with 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.