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EXCEL - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCFinancial_Report.xls
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EX-32 - SECTION 1350 CERTIFICATIONS - ALTEX INDUSTRIES INCaltex10kexh32.htm
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10-K - ALTEX INDUSTRIES, INC., 10K 2012-09-30 - ALTEX INDUSTRIES INCaltex10k.htm
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v2.4.0.6
Consolidated Balance Sheet (USD $)
Sep. 30, 2012
Sep. 30, 2011
Cash and cash equivalents $ 2,852,000 $ 2,584,000
Accounts receivable 13,000 14,000
Other (Note 3) 15,000 504,000
Total current assets 2,880,000 3,102,000
Proved oil and gas properties (successful efforts method) (Notes 6 and 7) 347,000 350,000
Other 17,000 17,000
Total property and equipment, at cost 364,000 367,000
Less accumulated depreciation, depletion, and amortization (155,000) (122,000)
Net property and equipment 209,000 245,000
Other assets 3,000 4,000
Total assets 3,092,000 3,351,000
Accounts payable 12,000 26,000
Other accrued expenses 195,000 106,000
Total current liabilities 207,000 132,000
Commitments and Contingencies (Notes 3, 5 and 6)      
Preferred stock, $.01 par value. Authorized 5,000,000 shares, none issued      
Common stock, $.01 par value. Authorized 50,000,000 shares; issued and outstanding, 13,288,343 and 13,619,606, respectively 133,000 136,000
Additional paid-in capital 13,887,000 13,928,000
Accumulated deficit (11,135,000) (10,845,000)
Total stockholders' equity 2,885,000 3,219,000
Total stockholders' equity and liabilities $ 3,092,000 $ 3,351,000