OCEAN THERMAL ENERGY CORPORATION
Balance Sheet
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | — | — | $4.7K | $178 | $11.5K | $857 | $18.6K | $65.0K |
| Accounts Receivable | — | $0 | $0 | $0 | $2.0K | $17.7K | $2.6K | $21.7K |
| Inventory | — | — | — | — | — | — | $0 | $63.4K |
| Total Current Assets | $450.0K | $38.0K | $7.1K | $178 | $13.4K | $20.0K | $33.1K | $166.6K |
| Property, Plant & Equipment | $894.0K | $848.7K | — | $0 | $2.7K | $8.3K | $22.3K | $37.7K |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $1.3M | $886.7K | $7.1K | $178 | $16.1K | $28.3K | $55.4K | $204.2K |
| Liabilities | ||||||||
| Accounts Payable | $6.8M | $5.6M | $473.7K | $406.7K | $448.4K | $405.3K | $388.3K | $365.6K |
| Total Current Liabilities | $11.2M | $7.9M | $1.6M | $1.4M | $1.4M | $997.6K | $672.2K | $562.5K |
| Long-Term Debt | $687.3K | $602.1K | $299.6K | $0 | $25.8K | $166.6K | $209.7K | $238.4K |
| Total Liabilities | $11.9M | $9.6M | $1.6M | $1.4M | $1.4M | $1.3M | $1.2M | $950.9K |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-67.7M | $-53.1M | $-4.8M | $-4.4M | $-4.4M | $-4.2M | $-4.0M | $-3.7M |
| Total Stockholders' Equity | $-10.5M | $-8.7M | $-8.2M | $-1.4M | $-1.4M | $-1.3M | $-1.1M | $-746.6K |