| 10-Q | 2019-09-30 | Filed 2019-11-14 |
| 10-Q | 2019-06-30 | Filed 2019-08-14 |
| 10-K | 2019-03-31 | Filed 2019-06-28 |
| 10-Q | 2018-12-31 | Filed 2019-02-14 |
| 10-Q | 2018-09-30 | Filed 2018-11-14 |
| 10-Q | 2018-06-30 | Filed 2018-08-14 |
| 10-K | 2018-03-31 | Filed 2018-06-29 |
| 10-Q | 2017-12-31 | Filed 2018-02-12 |
| 10-Q | 2017-09-30 | Filed 2017-11-14 |
| 10-Q | 2017-06-30 | Filed 2017-08-14 |
| 10-K | 2017-03-31 | Filed 2017-07-12 |
| 10-Q | 2016-12-31 | Filed 2017-02-09 |
| 10-Q | 2016-09-30 | Filed 2016-11-14 |
| 10-Q | 2016-06-30 | Filed 2016-08-09 |
| 10-K | 2016-03-31 | Filed 2016-07-01 |
| 10-Q | 2015-12-31 | Filed 2016-01-27 |
| 10-Q | 2015-09-30 | Filed 2015-11-12 |
| 10-Q | 2015-06-30 | Filed 2015-08-12 |
| 10-K | 2015-03-31 | Filed 2015-07-14 |
| 10-Q | 2014-12-31 | Filed 2015-02-17 |
| 10-Q | 2014-09-30 | Filed 2014-11-14 |
| 10-Q | 2014-06-30 | Filed 2014-08-14 |
| 10-K | 2014-03-31 | Filed 2014-07-15 |
| 10-Q | 2013-12-31 | Filed 2014-02-14 |
| 10-Q | 2013-09-30 | Filed 2013-11-14 |
| 10-Q | 2013-06-30 | Filed 2013-08-19 |
| 10-K | 2013-03-31 | Filed 2013-07-01 |
| 10-Q | 2012-12-31 | Filed 2013-02-14 |
| 10-Q | 2012-09-30 | Filed 2012-11-13 |
| 10-Q | 2012-06-30 | Filed 2012-08-14 |
| 10-K | 2012-03-31 | Filed 2012-07-16 |
| 10-Q | 2011-12-31 | Filed 2012-01-31 |
| 10-Q | 2011-09-30 | Filed 2011-11-16 |
| 10-Q | 2011-06-30 | Filed 2011-08-15 |
| 10-K | 2011-03-31 | Filed 2011-06-28 |
| 10-Q | 2010-12-31 | Filed 2011-02-15 |
| 10-Q | 2010-09-30 | Filed 2010-11-15 |
| 10-Q | 2010-06-30 | Filed 2010-08-16 |
| 10-K | 2010-03-31 | Filed 2010-06-29 |
| 10-Q | 2009-12-31 | Filed 2010-02-12 |
EnXnet, Inc. was formed under the laws of the State of Oklahoma on March 30, 1999. On November 7, 2015, the Company incorporated EnXnet Energy Company LLC. in the State of Colorado as a wholly owned subsidiary. EnXnet Inc. and its wholly owned subsidiary, EnXnet Energy Company, LLC. (“the Company”) is a natural gas and petroleum exploitation, development and production company engaged in locating and developing hydrocarbon resources, primarily in the Rocky Mountain region. The Company's principal business strategy is to enhance stockholder value by generating and developing high-potential exploitation resources in these areas. The Company's principal business is the acquisition of leasehold interests in petroleum and natural gas rights, either directly or indirectly, and the exploitation and development of properties subject to these leases. The Company has leased property in Colorado and is currently searching for additional opportunities in the natural gas and petroleum industry. Our initial goal has been to lease the oil and gas properties of acreage that has a high likelihood of becoming a producing property. We will require additional funding to drill and complete a producing natural gas and petroleum well.
The Company is searching for opportunities in the natural gas and petroleum industry. Our initial goal is to lease the oil and gas properties of acreage that has a high likelihood of becoming a producing property. We have leased a total of 22,507 acres of oil and gas properties in Colorado. We will require additional funding to drill and complete a producing natural gas and petroleum well.
Our natural gas and petroleum exploitation development and our future production activities will take place in a highly competitive and speculative business atmosphere. In seeking suitable natural gas and petroleum properties for acquisition, we compete with a number of other companies operating in our areas of interest, including large natural gas and petroleum companies and other independent operators. Many of our competitors have greater financial resources than we do, which is exacerbated due to our current liquidity position. Also, many have been engaged in the exploration and production business for a much longer time than we have or not only explore for and produce, but also market natural gas and oil and other products on a regional, national or worldwide basis. Many of our competitors also have a substantially larger operating staff than we do. These competitors may be able to pay more for productive natural gas and oil properties and exploratory prospects and define, evaluate, bid for and purchase a greater number of properties and prospects than us. In addition, these competitors may have a greater ability to continue exploration activities during periods of low market prices. Our ability to acquire additional properties and to discover reserves in the future will depend on our ability to evaluate and select suitable properties and to consummate transactions in a highly competitive environment.
| Comps ($'000 TTM) | Market Cap | Gross Margin | EV/EBITDA | Ret on Assets | Assets | Liabilities | Revenue | G Profit | Net Income | EBITDA | EV |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Forbes Energy Services (FES) | 773 | 0% | -5.3 | -27% | 198,552 | 159,830 | 153,647 | 0 | -53,457 | -11,372 | 60,094 |
| PCT (PCTL) | 769 | 0% | -0.3 | -118% | 4,584 | 6,054 | 356 | 0 | -5,391 | -4,588 | 1,219 |
| All For One Media (AFOM) | 762 | 0% | -0.5 | -369% | 1,160 | 7,246 | 4 | 0 | -4,280 | -1,328 | 677 |
| Logicquest Technology (LOGQ) | 760 | -12.9 | -58,611% | 1 | 5,596 | 0 | 0 | -299 | -59 | 760 | |
| Diamondhead Casino (DHCC) | 726 | -0.9 | -18% | 5,482 | 12,381 | 0 | 0 | -1,010 | -1,010 | 909 | |
| Paid (PAYD) | 719 | 27% | 0.3 | 7% | 5,046 | 2,403 | 7,731 | 2,081 | 346 | 716 | 194 |
| GTx (GTXO) | 699 | 89% | -4.4 | -121% | 365 | 3,773 | 1,285 | 1,143 | -442 | -407 | 1,800 |
| Fitlife Brands (FTLF) | 695 | 42% | 0.1 | 38% | 6,932 | 3,267 | 15,812 | 6,648 | 2,607 | 2,700 | 138 |
| Ener-Core (ENCR) | 673 | 100% | -0.1 | -182% | 5,859 | 18,773 | 1,100 | 1,100 | -10,679 | -10,168 | 663 |
| US Lithium (LITH) | 669 | -5.6 | -244% | 48 | 41 | 0 | 0 | -117 | -117 | 654 | |
| Tearlab (TEAR) | 628 | 63% | -12.4 | -27% | 15,919 | 40,793 | 17,162 | 10,828 | -4,263 | -2,230 | 27,679 |
| Enxnet (EXNT) | 608 | -6.2 | -100% | 110 | 2,110 | 0 | 0 | -111 | -153 | 948 | |
| Arvana (AVNI) | 569 | -46.2 | -1,462% | 7 | 2,432 | 0 | 0 | -99 | -12 | 562 | |
| American Lorain (ALN) | 534 | -2% | -0.0 | -53% | 35,369 | 10,156 | 3,448 | -83 | -18,740 | -15,037 | 97 |
| Marijuana Co of America (MCOA) | 520 | 71% | -0.5 | -251% | 4,329 | 11,826 | 553 | 393 | -10,879 | -7,877 | 4,002 |
| EVO Transportation (EVOA) | 501 | -0% | -4.5 | -20% | 64,753 | 78,979 | 53,659 | -186 | -12,781 | -10,243 | 45,794 |
| DirectView (DIRV) | 499 | 36% | -0.6 | -400% | 2,703 | 33,718 | 2,577 | 933 | -10,800 | -9,721 | 6,104 |
| Kalmin (KLMN) | 725 | 0% | -20.9 | -2,876% | 1 | 46 | 2 | 0 | -35 | -35 | 725 |
| Petrogas (PTCO) | 465 | 0% | -3.9 | 0 | 386 | 1 | 0 | -214 | -119 | 465 | |
| Wrap Technologies (WRAP) | 456 | 15% | 0.4 | -148% | 1,596 | 245 | 2 | 0 | -2,355 | -2,353 | -870 |
| Balance Sheet ($'000) | 2011-06-30 | 2011-09-30 | 2011-12-31 | 2012-03-31 | 2012-06-30 | 2012-09-30 | 2012-12-31 | 2013-03-31 | 2013-06-30 | 2013-09-30 | 2013-12-31 | 2014-03-31 | 2014-06-30 | 2014-09-30 | 2014-12-31 | 2015-03-31 | 2015-06-30 | 2015-09-30 | 2015-12-31 | 2016-03-31 | 2016-06-30 | 2016-09-30 | 2016-12-31 | 2017-03-31 | 2017-06-30 | 2017-09-30 | 2017-12-31 | 2018-03-31 | 2018-09-30 | 2018-12-31 | 2019-03-31 | 2019-06-30 | 2019-09-30 |
| Cash | 11 | 46 | 6 | 12 | 32 | 34 | 12 | 8 | 9 | 6 | 32 | 23 | 24 | 16 | 15 | 115 | 115 | 100 | 100 | 54 | 46 | 80 | 66 | 52 | 24 | 52 | 35 | 22 | 11 | 12 | 8 | 15 | 10 |
| Accounts Receivable | |||||||||||||||||||||||||||||||||
| Inventory | |||||||||||||||||||||||||||||||||
| PP&E | 2 | 1 | 0 | ||||||||||||||||||||||||||||||
| Assets | 43 | 124 | 70 | 55 | 73 | 76 | 52 | 48 | 49 | 45 | 71 | 61 | 60 | 53 | 52 | 139 | 131 | 116 | 107 | 99 | 100 | 133 | 130 | 127 | 230 | 263 | 262 | 142 | 111 | 112 | 111 | 118 | 110 |
| Accounts Payable | |||||||||||||||||||||||||||||||||
| Long-Term Debt | 186 | 186 | 186 | 186 | 180 | 180 | 200 | 200 | 200 | 200 | 325 | 310 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 400 | 400 | 400 | 350 | 350 | |||||
| Liabilities | 1,458 | 1,494 | 1,505 | 1,534 | 1,542 | 1,553 | 1,553 | 1,557 | 1,565 | 1,583 | 1,620 | 1,622 | 1,627 | 1,631 | 1,639 | 1,779 | 1,793 | 1,802 | 1,811 | 1,819 | 1,844 | 1,896 | 1,910 | 1,924 | 2,047 | 2,108 | 2,126 | 2,151 | 2,071 | 2,081 | 2,091 | 2,109 | 2,110 |
| Stockholders' Equity | -1,415 | -1,370 | -1,435 | -1,480 | -1,469 | -1,477 | -1,501 | -1,509 | -1,517 | -1,538 | -1,550 | -1,561 | -1,567 | -1,578 | -1,587 | -1,640 | -1,663 | -1,686 | -1,703 | -1,720 | -1,745 | -1,763 | -1,780 | -1,797 | -1,817 | -1,845 | -1,865 | -2,008 | -1,960 | -1,970 | -1,980 | -1,991 | -2,000 |
| Income Statement ($'000) | 2011-06-30 | 2011-09-30 | 2011-12-31 | 2012-03-31 | 2012-06-30 | 2012-09-30 | 2012-12-31 | 2013-03-31 | 2013-06-30 | 2013-09-30 | 2013-12-31 | 2014-03-31 | 2014-06-30 | 2014-09-30 | 2014-12-31 | 2015-03-31 | 2015-06-30 | 2015-09-30 | 2015-12-31 | 2016-03-31 | 2016-06-30 | 2016-09-30 | 2016-12-31 | 2017-03-31 | 2017-06-30 | 2017-09-30 | 2017-12-31 | 2018-03-31 | 2018-09-30 | 2018-12-31 | 2019-03-31 | 2019-06-30 | 2019-09-30 |
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||
| Cost of Revenue | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||
| Gross Profit | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||
| R&D | |||||||||||||||||||||||||||||||||
| SG&A | 3 | 2 | 2 | 2 | 2 | -7 | 1 | 1 | 1 | 1 | 2 | 0 | 0 | 0 | |||||||||||||||||||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
| Net Income | -47 | -77 | -67 | -84 | -25 | -22 | -30 | -55 | -22 | -34 | -25 | -17 | -25 | -20 | -17 | -18 | -24 | -62 | -22 | -144 | -31 | -46 | -34 | ||||||||||
| Cash Flow ($'000) | 2011-06-30 | 2011-09-30 | 2011-12-31 | 2012-03-31 | 2012-06-30 | 2012-09-30 | 2012-12-31 | 2013-03-31 | 2013-06-30 | 2013-09-30 | 2013-12-31 | 2014-03-31 | 2014-06-30 | 2014-09-30 | 2014-12-31 | 2015-03-31 | 2015-06-30 | 2015-09-30 | 2015-12-31 | 2016-03-31 | 2016-06-30 | 2016-09-30 | 2016-12-31 | 2017-03-31 | 2017-06-30 | 2017-09-30 | 2017-12-31 | 2018-03-31 | 2018-09-30 | 2018-12-31 | 2019-03-31 | 2019-06-30 | 2019-09-30 |
| Cash Operating | -50 | -28 | -39 | -47 | -37 | -48 | -23 | -29 | -37 | -13 | -36 | -19 | -17 | -19 | -10 | -13 | -13 | -15 | -8 | -8 | -10 | -17 | -8 | -9 | -12 | -18 | -9 | -12 | -9 | -10 | -18 | ||
| Cash Investing | 0 | 11 | 0 | 26 | 0 | -49 | 4 | 1 | -88 | -45 | 6 | 3 | -13 | -17 | -15 | ||||||||||||||||||
| Cash Financing | 52 | 79 | 0 | 41 | 58 | 50 | 0 | 25 | 38 | 10 | 62 | 10 | 18 | 10 | 10 | 135 | 5 | 0 | 0 | 0 | 10 | 50 | 5 | 6 | 116 | 50 | 8 | 15 | 21 | 0 | 60 | ||