WGAS Financials 07/16/2014 16:53:58 Worthington E

WGAS Financials 07/16/2014 16:53:58
Worthington Energy, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue - - 8 15
Cost of Revenue - 16 5 10
Gross Profit - (16) 3 5
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 1,750 2,346 5,464 3,391
Non-Recurring Items 112 1,238 - -
Other - - - -
Operating Income (1,862) (3,600) (5,462) (3,387)
Income From Continuing Operations
Add'l Income/Expense Items (867) (8,240) (1,059) (640)
Earnings Before Interest and Tax (2,728) (11,840) (6,521) (4,026)
Interest Expense 594 1,415 377 128
Earnings Before Tax (3,322) (13,255) (6,898) (4,154)
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (3,322) (13,255) (6,898) (4,154)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (3,322) (13,255) (6,898) (4,154)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (3,322) (13,255) (6,898) (4,154)