$MXC
MEXCO ENERGY CORP

2021 Q4 Form 10-Q Financial Statement

#000149315222003405 Filed on February 08, 2022

View on sec.gov

Income Statement

Concept 2021 Q4
Revenue $1.595M
YoY Change 127.94%
Cost Of Revenue $291.1K
YoY Change 23.36%
Gross Profit $1.304M
YoY Change 181.14%
Gross Profit Margin 81.75%
Selling, General & Admin $272.6K
YoY Change 41.01%
% of Gross Profit 20.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $268.0K
YoY Change 12.87%
% of Gross Profit 20.55%
Operating Expenses $547.9K
YoY Change 25.13%
Operating Profit $756.4K
YoY Change 2801.3%
Interest Expense -$3.070K
YoY Change -78.87%
% of Operating Profit -0.41%
Other Income/Expense, Net -$3.077K
YoY Change
Pretax Income $753.3K
YoY Change 835.78%
Income Tax $32.79K
% Of Pretax Income 4.35%
Net Earnings $753.3K
YoY Change 835.78%
Net Earnings / Revenue 47.22%
Basic Earnings Per Share $0.36
Diluted Earnings Per Share $346.1K
COMMON SHARES
Basic Shares Outstanding 2.121M shares
Diluted Shares Outstanding 2.176M shares

Balance Sheet

Concept 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $880.2K
YoY Change 2045.76%
Cash & Equivalents $880.2K
Short-Term Investments
Other Short-Term Assets $21.16K
YoY Change 141.83%
Inventory
Prepaid Expenses
Receivables $750.7K
Other Receivables $0.00
Total Short-Term Assets $1.652M
YoY Change 284.88%
LONG-TERM ASSETS
Property, Plant & Equipment $10.16M
YoY Change 5.99%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $250.0K
YoY Change 42.86%
Other Assets $15.66K
YoY Change
Total Long-Term Assets $10.42M
YoY Change 6.81%
TOTAL ASSETS
Total Short-Term Assets $1.652M
Total Long-Term Assets $10.42M
Total Assets $12.07M
YoY Change 18.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $154.6K
YoY Change
Accrued Expenses $53.79K
YoY Change 39.93%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $208.4K
YoY Change 56.58%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities $826.9K
YoY Change 9.13%
Total Long-Term Liabilities $0.00
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $208.4K
Total Long-Term Liabilities $0.00
Total Liabilities $1.035M
YoY Change -47.25%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $11.04M
YoY Change
Total Liabilities & Shareholders Equity $12.07M
YoY Change 18.52%

Cashflow Statement

Concept 2021 Q4
OPERATING ACTIVITIES
Net Income $753.3K
YoY Change 835.78%
Depreciation, Depletion And Amortization $268.0K
YoY Change 12.87%
Cash From Operating Activities $1.144M
YoY Change 448.26%
INVESTING ACTIVITIES
Capital Expenditures -$556.3K
YoY Change 79.44%
Acquisitions
YoY Change
Other Investing Activities $89.25K
YoY Change 4.54%
Cash From Investing Activities -$467.1K
YoY Change 107.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 109.9K
YoY Change -2048.76%
NET CHANGE
Cash From Operating Activities 1.144M
Cash From Investing Activities -467.1K
Cash From Financing Activities 109.9K
Net Change In Cash 786.6K
YoY Change -3730.0%
FREE CASH FLOW
Cash From Operating Activities $1.144M
Capital Expenditures -$556.3K
Free Cash Flow $1.700M
YoY Change 227.79%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
USD
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
USD
CY2021Q4 MXC Paycheck Protection Program Loan Forgiveness
PaycheckProtectionProgramLoanForgiveness
USD
MXC Paycheck Protection Program Loan Forgiveness
PaycheckProtectionProgramLoanForgiveness
USD
CY2021Q4 us-gaap Loss On Derivative Instruments Pretax
LossOnDerivativeInstrumentsPretax
USD
CY2020Q4 us-gaap Loss On Derivative Instruments Pretax
LossOnDerivativeInstrumentsPretax
USD
us-gaap Loss On Derivative Instruments Pretax
LossOnDerivativeInstrumentsPretax
USD
us-gaap Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
shares
MXC Ppp Loan Forgiveness
PPPLoanForgiveness
USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
USD
MXC Proceeds From Issuance Of Paycheck Protection Program Loan
ProceedsFromIssuanceOfPaycheckProtectionProgramLoan
USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
pure
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
CY2021Q4 us-gaap Line Of Credit
LineOfCredit
USD
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
USD
CY2021Q4 us-gaap Line Of Credit
LineOfCredit
USD
us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
USD
CY2021Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
25051 USD

Files In Submission

Name View Source Status
0001493152-22-003405-index-headers.html Edgar Link pending
0001493152-22-003405-index.html Edgar Link pending
0001493152-22-003405.txt Edgar Link pending
0001493152-22-003405-xbrl.zip Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32-1.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
form10-q.htm Edgar Link pending
form10-q_htm.xml Edgar Link completed
MetaLinks.json Edgar Link pending
mxc-20211231.xsd Edgar Link pending
mxc-20211231_cal.xml Edgar Link unprocessable
mxc-20211231_def.xml Edgar Link unprocessable
mxc-20211231_lab.xml Edgar Link unprocessable
mxc-20211231_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending