AMBER RESOURCES CO OF COLORADO
CIK:0000276750|SEC Filings
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Statements of Operations and Accumulated Deficit (Unaudited) (USD $)
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3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
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Jun. 30, 2012
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Jun. 30, 2011
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Jun. 30, 2012
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Jun. 30, 2011
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|
| Statements of Operations and Accumulated Deficit [Abstract] | ||||
| Oil and gas sales | ||||
| Operating expenses: | ||||
| General and administrative, including $200 in 2012 and $50,000 in 2011 and $100 in 2012 and $25,000 in 2011 to parent | 23,635 | 25,688 | 41,792 | 50,688 |
| Operating loss | (23,635) | (25,688) | (41,792) | (50,688) |
| Other income: | ||||
| Interest income | 449 | 413 | 900 | 1,663 |
| Net loss | (23,186) | (25,275) | (40,892) | (49,025) |
| Accumulated deficit at beginning of the period | (5,180,777) | (5,106,946) | (5,163,072) | (5,083,196) |
| Accumulated deficit at end of the period | $ (5,203,963) | $ (5,132,221) | $ (5,203,963) | $ (5,132,221) |
| Basic and diluted loss per share | $ (0.01) | $ (0.01) | $ (0.01) | $ (0.01) |
| Weighted average number of common shares outstanding | 4,666,185 | 4,666,185 | 4,666,185 | 4,666,185 |
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Statements of Cash Flows (Unaudited) (USD $)
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6 Months Ended | |
|---|---|---|
|
Jun. 30, 2012
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Jun. 30, 2011
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|
| Cash flows from operating activities: | ||
| Net loss | $ (40,892) | $ (49,025) |
| Net cash used in operating activities | (40,892) | (49,025) |
| Cash flows from financing activities: | ||
| Changes in payable to parent, net | 7,803 | 688 |
| Net cash provided by financing activities | 7,803 | 688 |
| Net change in cash | (33,089) | (48,337) |
| Cash at beginning of period | 906,158 | 975,507 |
| Cash at end of period | $ 873,069 | $ 927,170 |
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Balance Sheets (Unaudited) (USD $)
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Jun. 30, 2012
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Dec. 31, 2011
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|---|---|---|
| ASSETS | ||
| Cash | $ 873,069 | $ 906,158 |
| Total assets | 873,069 | 906,158 |
| Liabilities not subject to compromise : | ||
| Accrued expenses | 6,111 | 3,586 |
| Payable to parent | 11,430 | |
| Total liabilities not subject to compromise | 17,541 | 3,586 |
| Liabilities subject to compromise: | ||
| Payable to parent | 12,622 | 18,775 |
| Total liabilities | 30,163 | 22,361 |
| Stockholders' Equity: | ||
| Preferred stock, $.10 par value; authorized 5,000,000 shares of Class A convertible preferred stock, none issued | ||
| Common stock, $.0625 par value; authorized 25,000,000 shares, issued and outstanding 4,666,185 shares | 291,637 | 291,637 |
| Additional paid-in capital | 5,755,232 | 5,755,232 |
| Accumulated deficit | (5,203,963) | (5,163,072) |
| Total stockholders' equity | 842,906 | 883,797 |
| Total liabilities and stockholders' equity | $ 873,069 | $ 906,158 |