SPINDLETOP OIL & GAS CO.: 10-Q filed 2022-05-23

Name: SPINDLETOP OIL & GAS CO.: 10-Q filed 2022-05-23
Creator: SPINDLETOP OIL & GAS CO.

What SPINDLETOP OIL & GAS CO. reported in its quarterly report filed 2022-05-23 (fiscal Q1 2022): 24 published measures, 47 facts as tagged in accession 0001017386-22-000280.

This filing

Form: 10-Q (quarterly report)
Filed: 2022-05-23
Fiscal period: fiscal Q1 2022
Accession: 0001017386-22-000280 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All SPINDLETOP OIL & GAS CO. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2022-03-31	27,229,000	USD
At 2021-12-31	26,085,000	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2022-03-31	10,161,000	USD
At 2021-12-31	9,526,000	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit	Days
At 2022-03-31	17,068,000	USD
At 2021-12-31	16,559,000	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit	Days
At 2022-03-31	8,718,000	USD
At 2021-12-31	10,673,000	USD

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	255,000	USD	90
2021-01-01 to 2021-03-31	342,000	USD	90

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	1,824,000	USD	90
2021-01-01 to 2021-03-31	1,099,000	USD	90

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2021-01-01 to 2021-03-31	403,000	USD	90

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	-2,210,000	USD	90
2021-01-01 to 2021-03-31	-57,000	USD	90

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	6,755,318	shares	90
2021-01-01 to 2021-03-31	6,755,318	shares	90

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	0.08	USD/shares	90
2021-01-01 to 2021-03-31	0.01	USD/shares	90

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	100,000	USD	90
2021-01-01 to 2021-03-31	24,000	USD	90

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2022-03-31	552,000	USD
At 2021-12-31	1,022,000	USD

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2022-03-31	13,608,000	USD
At 2021-12-31	14,597,000	USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2022-03-31	8,113,000	USD
At 2021-12-31	7,601,000	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	1,215,000	USD	90
2021-01-01 to 2021-03-31	978,000	USD	90

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2022-03-31	6,755,318	shares
At 2021-12-31	6,755,318	shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2022-03-31	943,000	USD
At 2021-12-31	943,000	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2022-03-31	26,679,000	USD
At 2021-12-31	27,149,000	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2022-03-31	26,127,000	USD
At 2021-12-31	26,127,000	USD

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	509,000	USD	90
2021-01-01 to 2021-03-31	97,000	USD	90

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	590,000	USD	90
2021-01-01 to 2021-03-31	537,000	USD	90

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	17,000	USD	90
2021-01-01 to 2021-03-31	119,000	USD	90

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	40,000	USD	90
2021-01-01 to 2021-03-31	7,000	USD	90

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	-463,000	USD	90
2021-01-01 to 2021-03-31	-182,000	USD	90

Inspect the source

Entity: SPINDLETOP OIL & GAS CO. / CIK 0000867038
Captured: 2026-09-20T05:00:16.019Z
SEC response SHA-256: 9aa39fa05c4a4414477495c8c317ba65ebcc1da67e38bb1550dc1b7c8a4d1cdc

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000867038.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))