CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)
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Common Stock Shares
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Common Stock Amount
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Additional Paid - in Capital
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Accumulated Deficit
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Total Stockholders' Equity (Deficit)
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Balance at May. 01, 2011 | 6,250,000 | 6,250 | 199,750 | 206,000 | |
Capital contributions from shareholders of available-for-sale securities | $ 200,000 | $ 200,000 | |||
Net capital distributions to shareholders | (150,000) | (150,000) | |||
Share-based compensation. | 95,897 | 95,897 | |||
Redemption of common stock and distributions to shareholders | (2,810,000) | (2,810) | (141,062) | (4,377,700) | (4,521,572) |
Net income | 63,165 | 63,165 | |||
Balance at Dec. 31, 2011 | 3,440,000 | 3,440 | 204,585 | (4,314,535) | (4,106,510) |
Share-based compensation . | 944,681 | 944,681 | |||
Common stock issued to purchase Ring Energy, Inc., | 6,579,808 | 6,580 | 13,525,180 | 13,531,760 | |
Common stock issued for cash. | 3,148,425 | 3,148 | 13,005,914 | 13,009,062 | |
Common stock issued in property acquisitions. | 997,778 | 998 | 4,489,003 | 4,490,001 | |
Net loss. | (1,669,283) | (1,669,283) | |||
Balance at Dec. 31, 2012 | 14,166,011 | 14,166 | 32,169,363 | (5,983,818) | 26,199,711 |
Share-based compensation. | 944,681 | 944,681 | |||
Common stock issued to purchase Ring Energy, Inc., | 6,579,808 | 6,580 | 13,525,180 | 13,531,760 | |
Common stock issued for cash. | 3,148,425 | 3,148 | 13,005,914 | 13,009,062 | |
Common stock issued in property acquisitions. | 997,778 | 998 | 4,489,003 | 4,490,001 | |
Share-based compensation | 3,489,022 | 3,489,022 | |||
Common stock issued for cash, | 9,378,580 | 9,378 | 73,192,312 | 73,201,690 | |
Common stock issued for services, | 10,000 | 10 | 99,990 | 100,000 | |
Options exercised (cashless exercise), | 6,722 | 7 | (7) | ||
Options exercised, | 15,000 | 15 | 67,485 | 67,500 | |
Net loss, | $ (452,209) | $ (452,209) | |||
Balance at Dec. 31, 2013 | 23,576,313 | 23,576 | 109,018,165 | (6,436,027) | 102,605,714 |
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- Definition
Capital contributions from shareholders of available-for-sale securities No definition available.
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- Definition
Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. No definition available.
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- Definition
Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. No definition available.
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- Definition
Number of shares issued in lieu of cash for services contributed to the entity. Number of shares includes, but is not limited to, shares issued for services contributed by vendors and founders. No definition available.
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- Definition
Number of shares issued in lieu of cash for services contributed to the entity. Number of shares includes, but is not limited to, shares issued for services contributed by vendors and founders. No definition available.
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. Common stock issued to purchase Ring Energy, Inc., No definition available.
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- Definition
Net capital distributions to shareholders No definition available.
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. No definition available.
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. No definition available.
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. No definition available.
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- Definition
Number of share options (or share units) exercised during the current period. No definition available.
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- Definition
Number of share options (or share units) exercised during the current period. No definition available.
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- Definition
Redemption of common stock and distributions to shareholders No definition available.
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. No definition available.
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. No definition available.
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. No definition available.
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- Definition
Number of shares issued which are neither cancelled nor held in the treasury. No definition available.
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