SKY PETROLEUM, INC.

2015 Q3 Form 10-K Financial Statement

#000162828015006835 Filed on August 28, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2014 Q4 2014

Balance Sheet

Concept 2015 Q3 2014 Q4 2014
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $13.53K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $13.53K
YoY Change -95.13%
LONG-TERM ASSETS
Property, Plant & Equipment $7.578K
YoY Change -44.18%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $19.51K
YoY Change -23.51%
TOTAL ASSETS
Total Short-Term Assets $13.53K
Total Long-Term Assets $19.51K
Total Assets $33.04K
YoY Change -89.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $5.984K
YoY Change -48.87%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.761M
YoY Change -26.78%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $1.761M
Total Long-Term Liabilities
Total Liabilities
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$53.24M
YoY Change -0.12%
Common Stock $76.18K
YoY Change 11.81%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$1.759M
YoY Change
Total Liabilities & Shareholders Equity $33.04K
YoY Change -89.11%

Cashflow Statement

Concept 2015 Q3 2014 Q4 2014

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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SKY PETROLEUM, INC.
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P3Y7M10D
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y1M21D
CY2014 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
32173 USD
CY2013 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
0 USD
CY2014 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
400000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
10775216 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
-2101261 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
-1759074 USD
CY2014 us-gaap Stockholders Equity Other
StockholdersEquityOther
156000 USD
CY2013 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
268587 USD
CY2014 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
44068 USD
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
68383709 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
73167151 shares
CY2013 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
68383709 shares
CY2014 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
73167151 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
68383709 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
73167151 shares
CY2014 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates in the Preparation of Consolidated Financial Statements</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Preparation of the accompanying consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div></div>

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