Torchlight energy resources inc (TRCH)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Jun'11
Revenue
Oil and gas sales

746

1,282

570

-

-

-

-

-

-

-

Cost of revenue

451

806

173

-

-

-

-

-

-

-

Oil and gas sales

-

-

-

354

1,628

5,455

1,243

1,037

24

-

SWD and Royalties

-

-

-

-

6

85

51

0

-

-

Oil and gas sales

-

-

-

-

-

-

-

-

-

24

Cost of revenue

-

-

-

328

814

1,253

434

500

25

25

Gross income

294

476

397

25

820

4,287

861

537

-1

1

Operating expenses:
General and administrative expense

3,273

4,053

-3,652

-6,447

15,550

10,156

6,682

2,430

1,872

1,955

Depreciation, depletion and amortization

4,393

1,173

-100

-636

930

2,736

652

551

-

-

Loss on settlement

0

-369

0

283

-24

0

-

-

-

-

Income - Cancellation of Debt

-

-

-

-

-

-22

-660

0

-

-

Impairment loss

1,494

139

0

-70

25,674

447

0

-

-

-

Depreciation, depletion and amortization

-

-

-

-

-

-

-

-

0

-

Total operating expenses

9,161

5,736

-3,753

-7,437

42,179

12,892

7,334

2,982

1,872

1,955

Other income (expense)
Consulting income

-

-

2,781

0

-

-

-

-

-

-

Interest income

-

-

-

-

-

0

0

0

0

0

Interest expense and accretion of note discounts

-

-

-

-

-

-

-

-

-

-77

Interest and accretion expense of note discounts

968

547

-346

-272

1,893

-6,780

-4,605

-363

-

-

Franchise tax

4

0

-

-

-

-

-

-

-

-

Interest income

0

1

0

0

0

-

-

-

-

-

Total other (expense)

-972

-546

2,435

-272

1,893

-7,204

-3,945

-363

-

-

Accretion Expense.

-

-

-

-

-

-

-

-

-94

-

Loss before income taxes

-9,839

-5,806

-919

-7,684

-43,252

-15,809

-10,418

-2,808

-

-

Net loss before taxes

-

-

-

-

-

-

-

-

-

-2,034

Provision for income taxes

0

0

0

0

0

0

0

0

0

0

Net loss

-9,839

-5,806

-919

-7,684

-43,252

-15,809

-10,418

-2,808

1,968

-2,034

Loss per share:
Basic and Diluted

-0.14

-0.09

-0.02

-0.19

-1.58

-1.01

-0.74

-0.21

-0.13

-0.14

Weighted average shares outstanding:
Basic and Diluted

72,857

68,134

59,623

43,122

27,897

15,728

14,016

13,564

-

-

Total other income (expense)

-

-

-

-

-

-

-

-

-94

-77

Net loss before taxes

-

-

-

-

-

-

-

-

1,968

-

Weighted average shares outstanding: Basic and Diluted

-

-

-

-

-

-

-

-

14,288

-

Weighted average shares outstanding: Basic and Diluted

-

-

-

-

-

-

-

-

-

13,253