HOUSTON AMERICAN ENERGY CORP HUSA Balance Sheet

Houston american energy corp (HUSA)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
ASSETS
CURRENT ASSETS
Cash
2,922	97	453	244	446	755	785	401	211	392	409	229	321	481	872	1,248	1,697	2,123	2,532	2,775	3,342	4,052	5,064	5,713	7,499	7,578	8,445	8,915	4,704	5,626	190	6,392	2,952	9,930	15,116	18,797	26,656
Accounts receivable - oil and gas sales
29	80	102	52	189	136	351	299	437	347	24	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Escrow receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	262	262	262	262	262	262	321	321	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted cash - letter of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	3,056	3,056	3,056	3,056	3,056	3,056	3,056	3,056	3,056
Accounts receivable - oil and gas sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	40	-	-	-
Accounts receivable - oil and gas sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	41	78	1,226
Accounts receivable - other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	86	86	3,431	3,436	370	4,322	4,328	4,322	4,191	4,215	3,951
Escrow receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	335	355	355	1,921	2,072	2,095	2,095	2,095	1,899	2,030	-	-	2,531	2,531	4,440
Insurance claim receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45	28	7,770	8,612	7,000	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Escrow receivable - current
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,014	1,863	-	-	-
Marketable securities - available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	614	470	-	707	-	-	-
Marketable securities - available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	630	-	-	-	0
Tax refund receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	505	-	-
Prepaid expenses and other current assets
93	39	116	93	117	66	27	29	41	3	15	26	37	3	15	26	37	38	123	216	295	124	170	299	438	46	99	173	258	36	88	143	140	13	54	97	8
TOTAL CURRENT ASSETS
3,044	217	672	390	753	958	1,164	730	687	743	448	256	358	484	1,149	1,537	1,997	2,423	2,963	3,283	11,730	13,111	12,570	6,367	8,293	9,546	10,702	11,270	13,546	14,250	6,219	16,414	13,122	19,933	25,498	28,776	39,340
PROPERTY AND EQUIPMENT
Oil and gas properties, full cost method
Oil and gas properties - full cost method
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Costs subject to amortization
61,588	61,068	61,037	60,445	60,445	60,397	60,014	60,153	60,143	60,139	59,935	55,643	55,638	55,639	54,864	54,843	54,843	54,840	54,835	54,814	54,833	54,025	51,009	50,672	50,320	50,320	50,312	50,312	50,312	47,093	38,662	37,486	851	2,490	2,478	2,365	1,831
Costs not being amortized
2,478	2,478	2,462	2,461	2,458	2,456	2,454	2,448	2,312	2,309	2,303	4,463	3,290	2,291	2,947	2,947	2,916	2,879	2,861	2,933	2,803	3,586	5,733	5,760	4,746	3,802	2,976	2,759	2,724	5,809	9,019	4,759	33,508	22,890	16,889	13,807	10,258
Office equipment
90	90	90	90	90	90	90	90	90	90	90	90	90	90	90	90	90	90	90	90	90	90	90	90	90	90	90	90	90	90	90	90	-	90	-	-	-
Office equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	90	-	90	90	90
Total
64,156	63,633	63,589	62,996	62,994	62,944	62,558	62,691	62,546	62,538	62,329	60,196	59,018	58,020	57,901	57,880	57,850	57,809	57,786	57,838	57,726	57,701	56,832	56,523	55,157	54,212	53,378	53,162	53,126	52,992	47,771	42,335	34,449	25,471	19,457	16,262	12,180
Accumulated depletion, depreciation, amortization, and impairment
57,787	57,267	56,366	56,267	56,175	56,082	55,992	55,903	55,821	55,725	55,650	55,594	55,581	55,563	54,751	54,725	54,701	54,676	53,306	53,157	53,010	52,201	50,476	50,405	50,356	50,349	50,340	50,333	50,329	47,105	38,667	37,487	20,848	1,675	1,613	1,559	1,489
PROPERTY AND EQUIPMENT, NET
6,369	6,369	7,223	6,729	6,818	6,861	6,565	6,788	6,724	6,813	6,678	4,601	3,437	2,456	3,150	3,154	3,148	3,132	4,479	4,681	4,715	5,500	6,356	6,117	4,800	3,862	3,038	2,829	2,796	5,886	9,103	4,848	13,601	23,795	17,844	14,702	10,691
Cost method investment
229	197	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right of use asset
260	281	301	320	339	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	3,195	3,195	1,491	1,997	1,997
Escrow receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	1,664	1,664	1,664	1,664	3,434	3,434	3,434
Other assets
3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	19	68	58	3	13
TOTAL ASSETS
9,907	7,068	8,200	7,444	7,915	7,822	7,733	7,522	7,418	7,560	7,130	4,861	3,799	2,945	4,303	4,694	5,149	5,559	7,446	7,967	16,449	18,614	18,930	12,488	13,096	13,412	13,744	14,103	16,346	20,140	16,991	22,930	31,603	48,657	48,325	48,913	55,476
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES
Accounts payable
141	270	160	87	97	61	49	73	87	127	430	53	103	50	7	19	20	23	14	130	33	181	30	3	15	8	2	6	2	84	124	68	12	84	20	104	122
Litigation settlement payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	7,000	7,000	7,000	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Accrued legal fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45	28	880	1,722	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Contingent liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	400	400	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Accrued cash call due to operator
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	3,219	-	-	3,580	-	-	-	-
Accrued cash call to operator
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	3,590	3,728	-	0	-	-	-
Accrued expenses
1	0	0	17	2	0	2	8	13	24	118	80	43	11	12	13	15	16	18	6	1	10	13	13	13	31	31	31	51	90	26	190	221	185	168	178	11
Notes payable - related party, net of debt discount
-	595	462	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term lease liability
101	97	94	91	87	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes payable, net of debt discount of $152,372 and $0, respectively
-	-	-	-	-	-	-	-	-	-	-	447	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	95	190	190	190	281	1,711	1,711	21	21	24	27	3	0	4,950
TOTAL CURRENT LIABILITIES
244	966	718	196	187	62	52	82	100	151	548	580	147	61	19	32	35	39	79	165	8,315	9,314	7,044	112	219	229	223	319	1,764	5,105	3,761	4,008	3,838	296	192	284	5,085
LONG-TERM LIABILITIES
Lease liability, net of current portion
192	219	245	270	294	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reserve for plugging and abandonment costs
48	44	41	40	39	38	37	37	36	35	36	35	28	27	25	25	25	25	29	29	28	28	8	8	8	8	8	8	8	7	7	7	7	41	36	30	15
Deferred rent obligation
-	-	-	-	-	43	45	46	47	49	40	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1	3	5	8	11
Taxes payable long-term
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	193	193	-	-	-	0	-	-	-
TOTAL LONG-TERM LIABILITIES
241	263	287	310	333	82	83	83	84	84	76	-	-	27	-	-	-	-	-	-	-	-	-	-	-	-	8	8	201	201	7	7	8	45	41	38	26
TOTAL LIABILITIES
485	1,229	1,005	506	521	145	135	166	184	236	625	616	175	88	45	58	60	64	108	194	8,344	9,342	7,052	121	228	238	231	327	-	5,307	-	-	-	-	-	-	-
COMMITMENTS AND CONTINGENCIES
-	-	-	-	-	-	-	0	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0
SHAREHOLDERS' EQUITY
Preferred stock, par value $0.001; 10,000,000 shares authorized,
-	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	0	0	0
Common stock, par value $0.001; 150,000,000 shares authorized 87,007,145 and 65,947,646 shares issued and outstanding, respectively
87	65	64	62	62	62	62	60	59	59	56	51	51	52	52	52	52	52	52	52	52	52	52	52	52	52	52	52	52	52	37	37	31	31	31	31	31
Additional paid-in capital
78,171	73,816	73,625	73,066	73,040	73,084	73,069	72,712	72,444	72,482	71,383	68,342	67,255	66,158	66,118	66,080	66,042	66,019	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Subscription receivable
-	58	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additional paid-in capital
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	65,996	65,967	65,947	65,928	65,910	65,889	65,707	65,477	65,240	64,977	64,316	63,963	54,378	54,278	40,944	40,602	40,172	39,582	38,422
Treasury shares, at cost; 0 and 892,557 shares, respectively
-	-	-	-	-	-	-	-	-	-	0	0	0	174	174	128	128	38	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated deficit
-68,835	-67,984	-66,495	-66,191	-65,708	-65,469	-65,533	-65,416	-65,270	-65,217	-64,935	-64,148	-63,682	-63,180	-61,738	-61,368	-60,878	-60,538	-58,710	-58,247	-57,895	-56,708	-54,085	-53,574	-52,890	-52,355	-51,780	-51,254	-49,987	-49,181	-41,050	-35,114	-13,092	7,575	7,887	8,976	11,911
Accumulated other comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-143	-286	-127	106	-	-	0
TOTAL SHAREHOLDERS' EQUITY
9,422	5,839	7,194	6,937	7,394	7,677	7,597	7,355	7,233	7,323	6,505	4,244	3,624	2,856	4,257	4,636	5,088	5,495	7,337	7,772	8,104	9,271	11,877	12,367	12,868	13,174	13,512	13,775	14,380	14,833	13,222	18,914	27,755	48,315	48,091	48,589	50,364
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY
9,907	7,068	8,200	7,444	7,915	7,822	7,733	7,522	7,418	7,560	7,130	4,861	3,799	2,945	4,303	4,694	5,149	5,559	7,446	7,967	16,449	18,614	18,930	12,488	13,096	13,412	13,744	14,103	16,346	20,140	16,991	22,930	31,603	48,657	48,325	48,913	55,476
Series A Convertible Preferred Stock [Member]
Preferred stock, par value $0.001; 10,000,000 shares authorized,
0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series B Convertible Preferred Stock [Member]
Preferred stock, par value $0.001; 10,000,000 shares authorized,
0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series A Convertible Redeemable Preferred Stock [Member]
Preferred stock, par value $ 0.001; 10,000,000 shares authorized
-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series B Convertible Redeemable Preferred Stock [Member]
Preferred stock, par value $ 0.001; 10,000,000 shares authorized
-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-