TORCHLIGHT ENERGY RESOURCES INC TRCH Income Statement

Torchlight energy resources inc (TRCH)

Income statement / Quarterly

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	Mar'11	Dec'10	Sep'10
Revenue
Oil and gas sales
127	71	237	310	389	128	283	481	-	18	13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenue
92	117	113	127	210	182	184	228	-	16	11	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil and gas sales
-	-	-	-	-	-	-	-	-	-	-	12	20	34	105	194	185	400	508	534	1,240	1,941	1,630	642	423	430	160	229	486	274	251	24	0	0	24	0	-	-
SWD and royalties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	56	-	12	9	39	-	23	9	0	-	0	0	-	-	-	-	-	-	-
Oil and gas sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Cost of revenue
-	-	-	-	-	-	-	-	-	-	-	4	33	49	139	105	144	159	279	230	247	429	397	179	136	136	93	68	872	-142	-247	16	0	0	25	0	0	0
Gross income
34	-45	123	183	178	-53	98	252	385	1	1	8	-12	-15	-33	88	-10	241	228	360	1,017	1,524	1,242	503	305	317	77	161	392	132	4	7	0	0	-1	0	0	0
Operating expenses:
General and administrative expense
5,831	-849	-665	-1,042	7,383	-747	-907	-1,675	-844	-866	-949	-993	-11,982	787	3,796	951	3,294	3,359	8,207	688	721	2,295	1,318	5,821	1,866	2,701	1,581	533	522	457	1,219	231	379	182	759	550	514	130
Depreciation, depletion and amortization
4,748	-27	-142	-185	1,541	-106	-154	-107	-27	-21	-25	-24	-1,376	18	100	621	28	203	204	494	996	777	628	334	-242	539	237	116	-	88	-	-	-	-	-	-	-	-
Loss on sale
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-146	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on settlement
-	0	0	-	-	0	369	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment loss
-	-	-	-474	-	-	-	-139	-	0	0	0	-	0	57	-	-	-	-22,438	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment loss
-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation, depletion and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-
Total operating expenses
12,548	-876	-807	-1,702	9,944	-853	-1,431	-1,922	-872	-888	-974	-1,017	-13,916	805	4,100	1,573	6,583	3,563	30,849	1,183	1,718	3,072	1,946	6,155	1,624	3,240	1,818	650	986	545	1,219	231	379	182	759	550	514	130
Other income (expense)
Other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income - Cancellation of Debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-660	-	-	-	-	-	-	-	-	-	-	-	-
Income - Cancellation of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-0	0	0	0	0	0	0	0	-0	0	0	0	0	0	0	0	0	0
Interest expense and accretion of note discounts
-	328	206	158	-	128	159	103	-	129	81	47	-	-54	47	-122	-	60	239	1,391	-	1,266	2,226	1,909	-	1,120	566	169	-	-62	-49	-61	-	-6	-40	-37	0	0
Franchise tax
-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other (expense)
-278	-328	-206	-158	-155	-127	-158	-103	2,693	-129	-81	-47	-402	54	-47	122	3,584	-60	-238	-1,391	-1,802	-1,266	-2,226	-1,909	-2,749	-460	-566	-169	-	-62	-49	-	-	-	-	-	-	-
Accretion Expense.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Loss before income taxes
-6,019	-1,251	-890	-1,677	-1,505	-1,035	-1,491	-1,774	2,206	-1,015	-1,054	-1,056	-1,019	-875	-4,181	-1,607	-6,796	-3,382	-30,859	-2,214	-2,502	-2,814	-2,930	-7,561	-4,068	-3,383	-2,308	-658	-	-475	-1,265	-	-	-	-	-	-	-
Net loss before taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	130
Provision for income taxes
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	-	0	0	0	0	0	0
Net loss
-6,019	-1,251	-890	-1,677	-1,505	-1,035	-1,491	-1,774	2,206	-1,015	-1,054	-1,056	-1,019	-875	-4,181	-1,607	-6,796	-3,382	-30,859	-2,214	-2,502	-2,814	-2,930	-7,561	-4,068	-3,383	-2,308	-658	-	-475	-1,265	-	-	-	801	-	-	130
Loss per share:
Basic and Diluted
-0.09	-0.02	-0.01	-0.02	-0.03	-0.01	-0.02	-0.03	0.04	-0.02	-0.02	-0.02	-0.01	-0.02	-0.11	-0.05	0.14	-0.16	-1.44	-0.12	0.30	-0.15	-0.68	-0.48	-0.28	-0.24	-0.16	-0.05	-	-0.03	-0.08	-	-0.02	-0.01	-0.05	-0.04	-0.05	-0.01
Weighted average shares outstanding:
Basic and Diluted
74,412	73,930	72,313	70,771	71,587	70,080	68,709	62,160	61,348	60,208	59,597	57,337	51,509	48,158	38,159	34,662	50,249	21,533	21,428	18,378	13,876	18,231	15,334	15,471	14,814	13,858	13,758	13,634	-	14,156	14,928	-	-	-	-	-	-	-
Total other income (expense)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-61	-10	-6	-40	-37	-	0
Net loss before taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	285	389	189	801	587	-	-
Provision for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	285	-	189	-	587	-	-
Basic and Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	-	-	-	-	-	-
Weighted average shares outstanding: Basic and Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,761	16,093	14,280	13,853	12,924	-	-
Weighted average shares outstanding: Basic and Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,444