hD

Income Statement Summary

Nordic American Offshore (NAO) quarterly income statement for the December 2013 quarter, as reported to the SEC.

  • Net Operating Loss was $258K in the quarter ended December 31, 2013.
  • Net Loss and Comprehensive Loss was $70K.
  • Diluted earnings per share was -$0.01.

An income statement shows what a company sold and what it cost to run the business, ending with the profit left over.

Figures in USD thousands, except per share data
Dec'13
Charter Revenues

1,280

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Charter Revenues

1,280

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Charter Costs

108

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Charter Costs

108

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Vessel Operating Costs

686

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Vessel Operating Costs

686

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General and Administrative Costs

482

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General and Administrative Costs

482

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Depreciation Costs

262

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Depreciation Costs

262

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Net Operating Loss

-258

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Net Operating Loss

-258

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Interest Income

138

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Interest Income

138

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Interest Costs

-

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Interest Costs

-

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Other Financial Costs

50

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Other Financial Costs

50

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Total Financial Costs

188

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Total Financial Costs

188

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Loss before income taxes

-70

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Loss before income taxes

-70

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Income Tax Benefit

-

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Income Tax Benefit

-

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Net Loss and Comprehensive Loss

-70

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Net Loss and Comprehensive Loss

-70

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Basic Loss per Share (in dollars per share)

-0.01

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Basic Loss per Share (in dollars per share)

-0.01

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Diluted Loss per Share (in dollars per share)

-0.01

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Diluted Loss per Share (in dollars per share)

-0.01

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Basic Weighted Average Number of Common Shares Outstanding (in shares)

8,772

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Basic Weighted Average Number of Common Shares Outstanding (in shares)

8,772

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Diluted Weighted Average Number of Common Shares Outstanding (in shares)

8,772

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Diluted Weighted Average Number of Common Shares Outstanding (in shares)

8,772

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Cash dividend declared per common share (in dollars per share)

-

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Cash dividend declared per common share (in dollars per share)

-

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