$PTCO
PetroGas Co

2021 Q4 Form 10-Q Financial Statement

#000164033421002719 Filed on November 09, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2021 Q1
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $5.530K $105.0M $9.250K
YoY Change 10.6% 2333448.22% -11.57%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $5.525K $105.0M $9.250K
YoY Change 10.5% 0.0% -11.57%
Operating Profit -$5.525K -$105.0M
YoY Change 10.5% 0.0%
Interest Expense $14.79K -$14.92K -$14.48K
YoY Change -33.12% -200.03% -43.22%
% of Operating Profit
Other Income/Expense, Net $14.79K $14.92K
YoY Change -33.12% 0.0%
Pretax Income -$20.32K -$105.0M -$23.73K
YoY Change -25.07% 384042.57% -34.01%
Income Tax
% Of Pretax Income
Net Earnings -$20.32K -$105.0M -$23.73K
YoY Change -25.07% 384028.52% -34.01%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$970.80 -$43.51M -$490.0K
COMMON SHARES
Basic Shares Outstanding 20.05M shares 48.43K shares
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q4 2021 Q3 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $0.00 $0.00 $0.00
Short-Term Investments
Other Short-Term Assets $0.00 $0.00 $0.00
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $0.00 $0.00 $0.00
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $0.00 $0.00 $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $0.00 $0.00 $0.00
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $0.00 $0.00 $0.00
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $14.80K $14.52K $16.10K
YoY Change
Accrued Expenses $172.4K $157.6K $129.8K
YoY Change 49.49%
Deferred Revenue
YoY Change
Short-Term Debt $320.00 $320.00 $320.00
YoY Change 0.0%
Long-Term Debt Due $269.4K $227.7K $227.7K
YoY Change 18.3%
Total Short-Term Liabilities $518.3K $456.3K $451.7K
YoY Change 34.53%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $42.68K $42.68K
YoY Change -100.0%
Other Long-Term Liabilities $83.58K $83.58K $83.58K
YoY Change 0.0%
Total Long-Term Liabilities $83.58K $126.3K $126.3K
YoY Change -33.8%
TOTAL LIABILITIES
Total Short-Term Liabilities $518.3K $456.3K $451.7K
Total Long-Term Liabilities $83.58K $126.3K $126.3K
Total Liabilities $601.8K $582.5K $535.2K
YoY Change 17.66%
SHAREHOLDERS EQUITY
Retained Earnings -$107.1M -$107.1M -$2.008M
YoY Change
Common Stock $21.05K $48.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$601.8K -$582.5K -$535.2K
YoY Change
Total Liabilities & Shareholders Equity $0.00 $0.00 $0.00
YoY Change

Cashflow Statement

Concept 2021 Q4 2021 Q3 2021 Q1
OPERATING ACTIVITIES
Net Income -$20.32K -$105.0M -$23.73K
YoY Change -25.07% 384028.52% -34.01%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$5.250K -$8.830K -$6.500K
YoY Change -27.59% 80.94% 13.84%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change
Cash From Investing Activities $0.00 $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 5.250K 8.830K 6.500K
YoY Change -27.59% 80.94% 13.84%
NET CHANGE
Cash From Operating Activities -5.250K -8.830K -6.500K
Cash From Investing Activities 0.000 0.000
Cash From Financing Activities 5.250K 8.830K 6.500K
Net Change In Cash 0.000 0.000 0.000
YoY Change -100.0%
FREE CASH FLOW
Cash From Operating Activities -$5.250K -$8.830K -$6.500K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
20048440 shares
CY2021Q1 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
322 USD
CY2021Q1 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
35041 USD
CY2021Q1 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
220768 USD
CY2021Q1 us-gaap Commercial Paper
CommercialPaper
6962 USD
CY2021Q1 us-gaap Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
42683 USD
CY2021Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
126263 USD
CY2021Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
126263 USD
CY2021Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
20048440 shares
CY2019Q3 us-gaap Revenues
Revenues
0 USD
CY2019Q3 us-gaap Salaries And Wages
SalariesAndWages
0 USD
us-gaap Professional Fees
ProfessionalFees
19500 USD
us-gaap Professional Fees
ProfessionalFees
12463 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
21079 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
14884 USD
CY2020Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-43.51
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.56
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-84.00
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.36
CY2020Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
2414032 shares
CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
48440 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
1250626 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
48440 shares
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-535233 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-14884 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
0 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
21079 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0 USD
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 USD
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
14884 USD
CY2020Q3 us-gaap Other Expenses
OtherExpenses
14915 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-22711 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
-557944 USD
CY2021Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
105000000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-105024580 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
-582524 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
-440826 USD
CY2020Q2 ptco Convertible Notes Debt Discount
ConvertibleNotesDebtDiscount
10000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-38353 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
-469179 USD
CY2020Q3 ptco Convertible Notes Debt Discount
ConvertibleNotesDebtDiscount
4884 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
-491636 USD
us-gaap Net Income Loss
NetIncomeLoss
-65694 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
0 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
24308 USD
us-gaap Share Based Compensation
ShareBasedCompensation
105000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
0 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2421 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
28923 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
0 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
0 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
0 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
0 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
0 USD
us-gaap Interest Paid Net
InterestPaidNet
0 USD
us-gaap Interest Paid Net
InterestPaidNet
0 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
us-gaap Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
0 USD
us-gaap Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
14884 USD
CY2021Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-107054986 USD
CY2021Q2 ptco Reverse Stock Split Description
ReverseStockSplitDescription
common stock on a basis of up to eighty (80) old shares for one (1) new share of common stock.

Files In Submission

Name View Source Status
0001640334-21-002719-index-headers.html Edgar Link pending
0001640334-21-002719-index.html Edgar Link pending
0001640334-21-002719.txt Edgar Link pending
0001640334-21-002719-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
ptco-20210930.xsd Edgar Link pending
ptco-20210930_cal.xml Edgar Link unprocessable
ptco-20210930_def.xml Edgar Link unprocessable
ptco-20210930_lab.xml Edgar Link unprocessable
ptco-20210930_pre.xml Edgar Link unprocessable
ptco_10q.htm Edgar Link pending
ptco_10q_htm.xml Edgar Link completed
ptco_ex311.htm Edgar Link pending
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