WORTHINGTON ENERGY, INC.: 10-Q filed 2012-11-19
What WORTHINGTON ENERGY, INC. reported in its quarterly report filed 2012-11-19 (fiscal Q3 2012): 21 published measures, 63 facts as tagged in accession 0001096906-12-002915.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2012-11-19
- Fiscal period
- fiscal Q3 2012
- Accession
- 0001096906-12-002915 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 WORTHINGTON ENERGY, INC. 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 2012-09-30 | 9,060,543 | USD | |
| At 2011-12-31 | 6,537,217 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2012-09-30 | -5,897,460 | USD | |
| At 2011-12-31 | 199,554 | 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 2012-09-30 | 13,533 | USD | |
| At 2011-12-31 | 1,552 | 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 |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | -4,300,232 | USD | 92 |
| 2012-01-01 to 2012-09-30 | -8,750,505 | USD | 274 |
| 2004-06-30 to 2012-09-30 | -27,885,781 | USD | 3015 |
| 2011-01-01 to 2011-12-31 | -6,897,552 | USD | 365 |
| 2011-07-01 to 2011-09-30 | -264,970 | USD | 92 |
| 2011-01-01 to 2011-09-30 | -3,950,706 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | -944,941 | USD | 274 |
| 2004-06-30 to 2012-09-30 | -3,625,737 | USD | 3015 |
| 2011-01-01 to 2011-12-31 | -1,083,443 | USD | 365 |
| 2011-01-01 to 2011-09-30 | -992,853 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | 1,275,668 | USD | 274 |
| 2004-06-30 to 2012-09-30 | 7,419,120 | USD | 3015 |
| 2011-01-01 to 2011-09-30 | 2,481,000 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | -318,746 | USD | 274 |
| 2004-06-30 to 2012-09-30 | -3,779,850 | USD | 3015 |
| 2011-01-01 to 2011-09-30 | -1,539,077 | 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 2012-09-30 | 15,259 | USD | |
| At 2011-12-31 | 14,211 | 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 |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 88,768 | USD | 92 |
| 2012-01-01 to 2012-09-30 | 278,565 | USD | 274 |
| 2004-06-30 to 2012-09-30 | 7,962,499 | USD | 3015 |
| 2011-07-01 to 2011-09-30 | 93,023 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 3,666,148 | 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 |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | -494,865 | USD | 92 |
| 2012-01-01 to 2012-09-30 | -1,732,185 | USD | 274 |
| 2004-06-30 to 2012-09-30 | -17,428,231 | USD | 3015 |
| 2011-07-01 to 2011-09-30 | -405,415 | USD | 92 |
| 2011-01-01 to 2011-09-30 | -4,995,881 | 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 2012-09-30 | 22,300 | USD | |
| At 2011-12-31 | 22,496 | 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 |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 215,643 | USD | 92 |
| 2012-01-01 to 2012-09-30 | 628,819 | USD | 274 |
| 2004-06-30 to 2012-09-30 | 1,460,270 | USD | 3015 |
| 2011-07-01 to 2011-09-30 | 89,779 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 162,301 | 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 2012-09-30 | 7,633,532 | USD | |
| At 2011-12-31 | 3,474,694 | USD |
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 2012-09-30 | 31,363,819 | shares | |
| At 2011-12-31 | 6,469,962 | 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 2012-09-30 | 21,956,957 | USD | |
| At 2011-12-31 | 19,328,360 | 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 2012-09-30 | 1,302,166 | USD | |
| At 2011-12-31 | 1,047,005 | 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 2012-09-30 | 8,767 | USD | |
| At 2011-12-31 | 20,276 | USD |
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 |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 402,457 | USD | 92 |
| 2012-01-01 to 2012-09-30 | 1,449,866 | USD | 274 |
| 2004-06-30 to 2012-09-30 | 5,827,657 | USD | 3015 |
| 2011-07-01 to 2011-09-30 | 312,306 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 1,331,818 | USD | 273 |
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 |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | 3,273 | USD | 274 |
| 2004-06-30 to 2012-09-30 | 10,088 | USD | 3015 |
| 2011-01-01 to 2011-09-30 | 1,027 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | 50,000 | USD | 274 |
| 2004-06-30 to 2012-09-30 | 3,184,970 | USD | 3015 |
| 2011-01-01 to 2011-09-30 | 90,000 | 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 |
|---|---|---|---|
| 2004-06-30 to 2012-09-30 | -16,818 | USD | 3015 |
Inspect the source
- Entity
- WORTHINGTON ENERGY, INC. / CIK 0001342643
- Captured
- SEC response SHA-256
77ae2bdaceb9ecf1151fe47647de8e79415e69a120890bba2c101397468c7457
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/0001342643.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"])))