BAKKEN RESOURCES INC: 10-Q filed 2017-11-15
What BAKKEN RESOURCES INC reported in its quarterly report filed 2017-11-15 (fiscal Q2 2017): 27 published measures, 80 facts as tagged in accession 0001206774-17-003158.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2017-11-15
- Fiscal period
- fiscal Q2 2017
- Accession
- 0001206774-17-003158 on SEC EDGAR
Values are as tagged in this filing. A later filing can restate them; a measure with a published history links to it, and the history shows the latest-filed value per period. All BAKKEN RESOURCES 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 2017-06-30 | 7,139,168 | USD | |
| At 2016-12-31 | 6,658,546 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-06-30 | 575,290 | USD | |
| At 2016-12-31 | 423,220 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-06-30 | 6,563,877 | USD | |
| At 2016-12-31 | 6,235,326 | 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 2017-06-30 | 917,961 | USD | |
| At 2016-12-31 | 1,240,110 | USD | |
| At 2016-06-30 | 135,575 | USD | |
| At 2015-12-31 | 228,952 | 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 |
|---|---|---|---|
| 2017-04-01 to 2017-06-30 | -157,336 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 291,102 | USD | 181 |
| 2016-01-01 to 2016-12-31 | -1,609,674 | USD | 366 |
| 2016-04-01 to 2016-06-30 | -252,490 | USD | 91 |
| 2016-01-01 to 2016-06-30 | -309,145 | USD | 182 |
| 2015-01-01 to 2015-12-31 | -668,731 | USD | 365 |
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 2017-06-30 | 1,554,496 | USD | |
| At 2016-12-31 | 1,263,394 | 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 |
|---|---|---|---|
| 2017-04-01 to 2017-06-30 | 56,735,350 | shares | 91 |
| 2017-01-01 to 2017-06-30 | 56,735,350 | shares | 181 |
| 2016-04-01 to 2016-06-30 | 56,735,350 | shares | 91 |
| 2016-01-01 to 2016-06-30 | 56,735,350 | shares | 182 |
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 |
|---|---|---|---|
| 2017-04-01 to 2017-06-30 | 56,735,350 | shares | 91 |
| 2017-01-01 to 2017-06-30 | 100,000,000 | shares | 181 |
| 2016-04-01 to 2016-06-30 | 56,735,350 | shares | 91 |
| 2016-01-01 to 2016-06-30 | 56,735,350 | shares | 182 |
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 |
|---|---|---|---|
| 2017-04-01 to 2017-06-30 | -13,135 | USD | 91 |
| 2017-01-01 to 2017-06-30 | -66,434 | USD | 181 |
| 2016-04-01 to 2016-06-30 | -133,849 | USD | 91 |
| 2016-01-01 to 2016-06-30 | -305,897 | USD | 182 |
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 2017-06-30 | 0 | USD | |
| At 2016-12-31 | 172 | USD |
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 |
|---|---|---|---|
| 2017-04-01 to 2017-06-30 | -297,372 | USD | 91 |
| 2017-01-01 to 2017-06-30 | -17,807 | USD | 181 |
| 2016-04-01 to 2016-06-30 | -366,847 | USD | 91 |
| 2016-01-01 to 2016-06-30 | -605,984 | USD | 182 |
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 2017-06-30 | 7,089,168 | USD | |
| At 2016-12-31 | 6,608,374 | 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 2017-06-30 | 105,929 | USD | |
| At 2016-12-31 | 112,728 | 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 2017-06-30 | 814,145 | USD | |
| At 2016-12-31 | 115,833 | 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 |
|---|---|---|---|
| 2017-04-01 to 2017-06-30 | 468,431 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 975,873 | USD | 181 |
| 2016-04-01 to 2016-06-30 | 485,686 | USD | 91 |
| 2016-01-01 to 2016-06-30 | 824,777 | USD | 182 |
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 2017-06-30 | 56,735,350 | shares | |
| At 2016-12-31 | 56,735,350 | shares |
Accumulated other comprehensive income or loss
Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-06-30 | 241,889 | USD | |
| At 2016-12-31 | 204,438 | 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 2017-06-30 | 38,886 | USD | |
| At 2016-12-31 | 38,714 | 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 2017-06-30 | 134,768 | USD | |
| At 2016-12-31 | 78,069 | 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 |
|---|---|---|---|
| 2017-04-01 to 2017-06-30 | -170,471 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 224,668 | USD | 181 |
| 2016-04-01 to 2016-06-30 | -386,339 | USD | 91 |
| 2016-01-01 to 2016-06-30 | -615,042 | USD | 182 |
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 |
|---|---|---|---|
| 2017-04-01 to 2017-06-30 | -138,400 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 328,553 | USD | 181 |
| 2016-04-01 to 2016-06-30 | -221,265 | USD | 91 |
| 2016-01-01 to 2016-06-30 | -202,774 | USD | 182 |
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 |
|---|---|---|---|
| 2017-04-01 to 2017-06-30 | 47,838 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 92,666 | USD | 181 |
| 2016-04-01 to 2016-06-30 | 77,349 | USD | 91 |
| 2016-01-01 to 2016-06-30 | 148,891 | USD | 182 |
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 |
|---|---|---|---|
| 2017-04-01 to 2017-06-30 | 69 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 172 | USD | 181 |
| 2016-04-01 to 2016-06-30 | 594 | USD | 91 |
| 2016-01-01 to 2016-06-30 | 1,220 | USD | 182 |
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 |
|---|---|---|---|
| 2017-04-01 to 2017-06-30 | 126,901 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 242,475 | USD | 181 |
| 2016-04-01 to 2016-06-30 | -19,492 | USD | 91 |
| 2016-01-01 to 2016-06-30 | -9,058 | USD | 182 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-06-30 | -26,670 | USD | 181 |
| 2016-01-01 to 2016-06-30 | -75,459 | USD | 182 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-06-30 | 698,312 | USD | 181 |
| 2016-01-01 to 2016-06-30 | 166,955 | USD | 182 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-06-30 | -6,799 | USD | 181 |
| 2016-01-01 to 2016-06-30 | -539 | USD | 182 |
Inspect the source
- Entity
- BAKKEN RESOURCES INC / CIK 0001450390
- Captured
- SEC response SHA-256
f842e4345ffcdcc02c8358e2eeec06ad88e2837d5f8330d6d78b3c7062616a68
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.
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Read the published dataset with Python
import json
from urllib.request import urlopen
with urlopen("https://canlicapital.com/company-data/0001450390.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"])))