SARATOGA RESOURCES INC /TX: 10-Q filed 2015-11-16

Name: SARATOGA RESOURCES INC /TX: 10-Q filed 2015-11-16
Creator: SARATOGA RESOURCES INC /TX

What SARATOGA RESOURCES INC /TX reported in its quarterly report filed 2015-11-16 (fiscal Q3 2015): 39 published measures, 114 facts as tagged in accession 0001515971-15-000394.

This filing

Form: 10-Q (quarterly report)
Filed: 2015-11-16
Fiscal period: fiscal Q3 2015
Accession: 0001515971-15-000394 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 SARATOGA RESOURCES INC /TX 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 2015-09-30	77,540,295	USD
At 2014-12-31	111,911,748	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2015-09-30	-158,116,391	USD
At 2014-12-31	-106,056,983	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
At 2015-09-30	6,002,537	USD
At 2014-12-31	10,911,070	USD
At 2014-09-30	6,382,261	USD
At 2013-12-31	32,547,380	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	-30,006,174	USD	92
2015-01-01 to 2015-09-30	-52,140,801	USD	273
2014-07-01 to 2014-09-30	-10,273,485	USD	92
2014-01-01 to 2014-09-30	-25,215,108	USD	273

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
2015-01-01 to 2015-09-30	-968,180	USD	273
2014-01-01 to 2014-09-30	-10,453,700	USD	273

Revenue

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

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	5,490,530	USD	92
2015-01-01 to 2015-09-30	19,635,525	USD	273
2014-07-01 to 2014-09-30	16,614,669	USD	92
2014-01-01 to 2014-09-30	43,346,645	USD	273

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
2015-01-01 to 2015-09-30	-949,990	USD	273
2014-01-01 to 2014-09-30	-1,326,611	USD	273

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
2015-01-01 to 2015-09-30	-2,990,363	USD	273
2014-01-01 to 2014-09-30	-14,384,808	USD	273

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2015-09-30	-236,983,625	USD
At 2014-12-31	-184,842,824	USD

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
2015-07-01 to 2015-09-30	30,986,601	shares	92
2015-01-01 to 2015-09-30	30,986,601	shares	273
2014-07-01 to 2014-09-30	30,986,601	shares	92
2014-01-01 to 2014-09-30	30,961,106	shares	273

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	30,986,601	shares	92
2015-01-01 to 2015-09-30	30,986,601	shares	273
2014-07-01 to 2014-09-30	30,986,601	shares	92
2014-01-01 to 2014-09-30	30,961,106	shares	273

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
2015-07-01 to 2015-09-30	-0.97	USD/shares	92
2015-01-01 to 2015-09-30	-1.68	USD/shares	273
2014-07-01 to 2014-09-30	-0.33	USD/shares	92
2014-01-01 to 2014-09-30	-0.81	USD/shares	273

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	-0.97	USD/shares	92
2015-01-01 to 2015-09-30	-1.68	USD/shares	273
2014-07-01 to 2014-09-30	-0.33	USD/shares	92
2014-01-01 to 2014-09-30	-0.81	USD/shares	273

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
2015-07-01 to 2015-09-30	26,700	USD	92
2015-01-01 to 2015-09-30	77,700	USD	273
2014-07-01 to 2014-09-30	33,795	USD	92
2014-01-01 to 2014-09-30	156,060	USD	273

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 2015-09-30	50,682,733	USD
At 2014-12-31	75,714,457	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2015-01-01 to 2015-09-30	81,393	USD	273
2014-01-01 to 2014-09-30	420,154	USD	273

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	-21,658,489	USD	92
2015-01-01 to 2015-09-30	-27,461,269	USD	273
2014-07-01 to 2014-09-30	-4,152,944	USD	92
2014-01-01 to 2014-09-30	-6,951,946	USD	273

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 2015-09-30	9,427,468	USD
At 2014-12-31	15,846,636	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	5,930,580	USD	92
2015-01-01 to 2015-09-30	22,203,686	USD	273
2014-07-01 to 2014-09-30	6,084,572	USD	92
2014-01-01 to 2014-09-30	18,138,276	USD	273

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 2015-09-30	214,738,590	USD
At 2014-12-31	201,570,927	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2015-09-30	2,856,124	USD
At 2014-12-31	6,722,116	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2015-09-30	2,444,893	USD
At 2014-12-31	3,778,808	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
2015-07-01 to 2015-09-30	27,149,019	USD	92
2015-01-01 to 2015-09-30	47,096,794	USD	273
2014-07-01 to 2014-09-30	20,767,613	USD	92
2014-01-01 to 2014-09-30	50,298,591	USD	273

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 2015-09-30	30,986,601	shares
At 2014-12-31	30,986,601	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 2015-09-30	78,836,247	USD
At 2014-12-31	78,754,854	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 2015-09-30	252,661,165	USD
At 2014-12-31	226,716,401	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2015-09-30	17,430,094	USD
At 2014-12-31	20,350,655	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2015-09-30	29,677,961	USD
At 2014-12-31	13,006,617	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2015-09-30	830,038	USD
At 2014-12-31	1,006,758	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	-29,979,474	USD	92
2015-01-01 to 2015-09-30	-52,063,101	USD	273
2014-07-01 to 2014-09-30	-10,239,690	USD	92
2014-01-01 to 2014-09-30	-25,059,048	USD	273

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	-30,006,174	USD	92
2015-01-01 to 2015-09-30	-52,140,801	USD	273
2014-07-01 to 2014-09-30	-10,261,034	USD	92
2014-01-01 to 2014-09-30	-25,215,108	USD	273

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
2015-07-01 to 2015-09-30	-30,006,174	USD	92
2015-01-01 to 2015-09-30	-52,140,801	USD	273
2014-07-01 to 2014-09-30	-10,273,485	USD	92
2014-01-01 to 2014-09-30	-25,215,108	USD	273

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
2015-07-01 to 2015-09-30	1,460,285	USD	92
2015-01-01 to 2015-09-30	5,358,119	USD	273
2014-07-01 to 2014-09-30	2,401,158	USD	92
2014-01-01 to 2014-09-30	7,456,116	USD	273

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
2015-07-01 to 2015-09-30	2,464,832	USD	92
2015-01-01 to 2015-09-30	7,867,033	USD	273
2014-07-01 to 2014-09-30	4,839,858	USD	92
2014-01-01 to 2014-09-30	12,089,913	USD	273

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	4	USD	92
2015-01-01 to 2015-09-30	63	USD	273
2014-07-01 to 2014-09-30	-2,174	USD	92
2014-01-01 to 2014-09-30	31,174	USD	273

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	-5,930,576	USD	92
2015-01-01 to 2015-09-30	-22,203,623	USD	273
2014-07-01 to 2014-09-30	-6,086,746	USD	92
2014-01-01 to 2014-09-30	-18,107,102	USD	273

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

Period	Value	Unit	Days
2015-01-01 to 2015-09-30	0	USD	273
2014-01-01 to 2014-09-30	61,200	USD	273

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
2015-01-01 to 2015-09-30	1,333,915	USD	273
2014-01-01 to 2014-09-30	-358,512	USD	273

Change in accounts payable

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

Period	Value	Unit	Days
2015-01-01 to 2015-09-30	-129,870	USD	273
2014-01-01 to 2014-09-30	-163,841	USD	273

Inspect the source

Entity: SARATOGA RESOURCES INC /TX / CIK 0001096339
Captured: 2026-09-22 19:39 UTC
SEC response SHA-256: 6fa6b6850e4303dcac83c32aadd8a8036fcaa977f3b55491aad259c2d1419de2

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

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import json
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with urlopen("https://canlicapital.com/company-data/0001096339.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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