Prairie Operating Co.: 10-Q filed 2020-08-14

Name: Prairie Operating Co.: 10-Q filed 2020-08-14
Creator: Prairie Operating Co.

What Prairie Operating Co. reported in its quarterly report filed 2020-08-14 (fiscal Q2 2020): 41 published measures, 111 facts as tagged in accession 0001493152-20-015927.

This filing

Form: 10-Q (quarterly report)
Filed: 2020-08-14
Fiscal period: fiscal Q2 2020
Accession: 0001493152-20-015927 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 Prairie Operating 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 2020-06-30	3,260,246	USD
At 2019-12-31	3,456,130	USD

Total liabilities

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

Period	Value	Unit	Days
At 2020-06-30	10,050,435	USD
At 2019-12-31	9,712,859	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 2020-06-30	2,567,860	USD
At 2019-12-31	2,777,654	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
2020-04-01 to 2020-06-30	-390,443	USD	91
2020-01-01 to 2020-06-30	-574,057	USD	182
2019-04-01 to 2019-06-30	-359,292	USD	91
2019-01-01 to 2019-06-30	-582,389	USD	181

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
2020-01-01 to 2020-06-30	-398,843	USD	182
2019-01-01 to 2019-06-30	-514,809	USD	181

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2020-01-01 to 2020-06-30	19,327	USD	182
2019-01-01 to 2019-06-30	7,888	USD	181

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

Period	Value	Unit	Days
2020-04-01 to 2020-06-30	816,416	USD	91
2020-01-01 to 2020-06-30	3,418,835	USD	182
2019-04-01 to 2019-06-30	2,542,632	USD	91
2019-01-01 to 2019-06-30	6,092,615	USD	181

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
2020-01-01 to 2020-06-30	347,500	USD	182

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
2020-01-01 to 2020-06-30	-158,451	USD	182
2019-01-01 to 2019-06-30	-7,888	USD	181

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 2020-06-30	-28,672,802	USD
At 2019-12-31	-28,098,745	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
2020-04-01 to 2020-06-30	3,506,752	shares	91
2020-01-01 to 2020-06-30	3,506,752	shares	182
2019-04-01 to 2019-06-30	3,506,752	shares	91
2019-01-01 to 2019-06-30	3,506,752	shares	181

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
2020-04-01 to 2020-06-30	3,506,752	shares	91
2020-01-01 to 2020-06-30	3,506,752	shares	182
2019-04-01 to 2019-06-30	3,506,752	shares	91
2019-01-01 to 2019-06-30	3,506,752	shares	181

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
2020-04-01 to 2020-06-30	-0.11	USD/shares	91
2020-01-01 to 2020-06-30	-0.16	USD/shares	182
2019-04-01 to 2019-06-30	-0.13	USD/shares	91
2019-01-01 to 2019-06-30	-0.06	USD/shares	181

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
2020-04-01 to 2020-06-30	-0.11	USD/shares	91
2020-01-01 to 2020-06-30	-0.16	USD/shares	182
2019-04-01 to 2019-06-30	-0.13	USD/shares	91
2019-01-01 to 2019-06-30	-0.06	USD/shares	181

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 2020-06-30	64,541	USD
At 2019-12-31	58,104	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
2020-01-01 to 2020-06-30	40,597	USD	182
2019-01-01 to 2019-06-30	187,693	USD	181

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
2020-04-01 to 2020-06-30	-244,244	USD	91
2020-01-01 to 2020-06-30	-271,517	USD	182
2019-04-01 to 2019-06-30	-284,417	USD	91
2019-01-01 to 2019-06-30	-427,687	USD	181

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 2020-06-30	2,905,775	USD
At 2019-12-31	3,217,922	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
2020-04-01 to 2020-06-30	156,199	USD	91
2020-01-01 to 2020-06-30	312,540	USD	182
2019-04-01 to 2019-06-30	74,875	USD	91
2019-01-01 to 2019-06-30	154,702	USD	181

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 2020-06-30	7,931,364	USD
At 2019-12-31	7,703,779	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 2020-06-30	13,248	USD
At 2019-12-31	113	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
2020-04-01 to 2020-06-30	579,622	USD	91
2020-01-01 to 2020-06-30	1,185,032	USD	182
2019-04-01 to 2019-06-30	662,250	USD	91
2019-01-01 to 2019-06-30	1,397,664	USD	181

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2020-06-30	220,641	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2020-04-01 to 2020-06-30	335,378	USD	91
2020-01-01 to 2020-06-30	913,515	USD	182
2019-04-01 to 2019-06-30	377,833	USD	91
2019-01-01 to 2019-06-30	969,977	USD	181

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

Period	Value	Unit	Days
2020-04-01 to 2020-06-30	481,038	USD	91
2020-01-01 to 2020-06-30	2,505,320	USD	182
2019-04-01 to 2019-06-30	2,164,799	USD	91
2019-01-01 to 2019-06-30	5,122,638	USD	181

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 2020-06-30	3,506,752	shares
At 2019-12-31	3,506,752	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 2020-06-30	21,894,731	USD
At 2019-12-31	21,854,134	USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit
At 2020-06-30	-6,790,189	USD
At 2020-03-31	-6,419,172	USD
At 2019-12-31	-6,256,729	USD
At 2019-06-30	-5,309,493	USD
At 2019-03-31	-5,005,966	USD
At 2018-12-31	-6,256,729	USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

Period	Value	Unit	Days
At 2020-06-30	125,336	USD
At 2019-12-31	170,696	USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

Period	Value	Unit	Days
At 2020-06-30	128,672	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 2020-06-30	590,814	USD
At 2019-12-31	607,012	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 2020-06-30	539,985	USD
At 2019-12-31	548,908	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2020-06-30	146,393	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
2020-04-01 to 2020-06-30	-390,443	USD	91
2020-01-01 to 2020-06-30	-574,057	USD	182
2019-04-01 to 2019-06-30	-359,292	USD	91
2019-01-01 to 2019-06-30	-582,389	USD	181

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2020-04-01 to 2020-06-30	-390,443	USD	91
2020-01-01 to 2020-06-30	-574,057	USD	182
2019-04-01 to 2019-06-30	-359,292	USD	91
2019-01-01 to 2019-06-30	-582,389	USD	181

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
2020-04-01 to 2020-06-30	221,057	USD	91
2020-01-01 to 2020-06-30	451,939	USD	182
2019-04-01 to 2019-06-30	217,219	USD	91
2019-01-01 to 2019-06-30	393,896	USD	181

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2020-01-01 to 2020-06-30	12,890	USD	182
2019-01-01 to 2019-06-30	24,350	USD	181

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
2020-04-01 to 2020-06-30	-146,199	USD	91
2020-01-01 to 2020-06-30	-302,540	USD	182
2019-04-01 to 2019-06-30	-74,875	USD	91
2019-01-01 to 2019-06-30	-154,702	USD	181

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

Period	Value	Unit	Days
2020-01-01 to 2020-06-30	23,812	USD	182
2019-01-01 to 2019-06-30	51,674	USD	181

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
2020-01-01 to 2020-06-30	13,135	USD	182
2019-01-01 to 2019-06-30	64,563	USD	181

Change in inventories

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

Period	Value	Unit	Days
2020-01-01 to 2020-06-30	220,641	USD	182

Inspect the source

Entity: Prairie Operating Co. / CIK 0001162896
Captured: 2026-09-20T07:43:21.545Z
SEC response SHA-256: 2adae821b8e2685d92aff457d085d01e9e6b150286b8ff89c8fbdb215e341faa

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

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