Victory Oilfield Tech, Inc. (VYEY) financial statements (2021 and earlier)

Company profile

Business Address 3355 BEE CAVES ROAD
AUSTIN, TX 78746
State of Incorp. NV
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 millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments0000000
Cash and cash equivalents0000000
Receivables10 0000
Inventory, net of allowances, customer advances and progress billings00    
Inventory00     
Prepaid expense0 00000
Other undisclosed current assets00  000
Total current assets:1100000
Noncurrent Assets
Property, plant and equipment0100000
Oil and gas property, successful effort method   1112
Intangible assets, net (including goodwill), including:0318   
Goodwill00     
Intangible assets, net (excluding goodwill)0318    
Other undisclosed intangible assets, net (including goodwill)(0)     
Deferred costs    00 
Other undisclosed noncurrent assets0 (0)0(0)(0)(0)
Total noncurrent assets:14181112
TOTAL ASSETS:24181112
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1111211
Accounts payable1110210
Accrued liabilities  01100
Debt11 111 
Asset retirement obligation   000 
Due to related parties211    
Other liabilities  00000
Other undisclosed current liabilities00 1100
Total current liabilities:4323431
Noncurrent Liabilities
Long-term debt and lease obligation 0     
Long-term debt, excluding current maturities 0     
Liabilities, other than long-term debt   0000
Asset retirement obligations   0000
Total noncurrent liabilities: 0 0000
Total liabilities:4323431
Stockholders' equity
Stockholders' equity attributable to parent, including:(2)116(10)(9)(5)2
Preferred stock0      
Preferred stock, shares subscribed but unissued, subscriptions receivable(0)(0)(5)    
Common stock0000000
Additional paid in capital96968836363534
Accumulated deficit(98)(94)(67)(46)(44)(40)(37)
Other undisclosed stockholders' equity attributable to parent 00   4
Stockholders' equity attributable to noncontrolling interest   8644
Other undisclosed stockholders' equity      (4)
Total stockholders' equity:(2)116(2)(3)(1)2
TOTAL LIABILITIES AND EQUITY:24181112

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues21 0111
Revenue, net 0111
Cost of revenue(1)(1)(0)(0)(2)(4)(1)
Cost of goods and services sold   (0)(2)(4)(1)
Gross profit:11(0)0(1)(4)(1)
Operating expenses(5)(28)(2)(2)(5)(7)(3)
Other undisclosed operating income    141
Operating loss:(3)(27)(2)(2)(5)(6)(2)
Nonoperating income (expense)(0)(0)(0)(0)120
Interest and debt expense(0)(0)(0)(0)(0)(0)(0)
Other undisclosed income from continuing operations before equity method investments, income taxes0000000
Loss from continuing operations before income taxes:(4)(28)(3)(2)(5)(4)(2)
Income tax benefit 0     
Loss from continuing operations:(4)(27)(3)(2)(5)(4)(2)
Income (loss) from discontinued operations00(18)    
Net loss:(4)(27)(21)(2)(5)(4)(2)
Net income attributable to noncontrolling interest   0110
Net loss available to common stockholders, diluted:(4)(27)(21)(2)(4)(3)(2)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net loss:(4)(27)(21)(2)(5)(4)(2)
Comprehensive loss:(4)(27)(21)(2)(5)(4)(2)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest   01(1)(0)
Comprehensive loss, net of tax, attributable to parent:(4)(27)(21)(2)(4)(5)(3)

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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