Astra Energy, Inc. (ASRE)
Astra Energy, Inc. operates within the United States, concentrating on the generation and transmission of electrical power. The firm primarily sources its energy from environmentally conscious methods, including solar power, waste-to-energy conversion processes, and the utilization of clean-burning fuels. Established in 2000, the company's corporate headquarters are located in San Diego, California.
Sector: Electric Services
Industry: Renewable Utilities
Astra Energy, Inc.
OTC:ASREUtilities · Renewable Utilities
Mkt Cap$23K
Float61.18M
O/S75.11M
Inst Own-
SI0.2%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$3.49M
Total Assets$12.03M
Free Cash Flow-$53K
Debt & Equity
Debt 95%
Equity 5%
Preferred 0%
Total Debt$7.4M
Total Equity$361K
Preferred Stock$1K
Shares Outstanding
Short Interest
Split History1 split
- 3:1Forward splitSep 15, 20211 share → 3
Balance Sheet Details
Assets$12.03M
Liabilities$11.67M
Accounts Receivable$475K
Accounts Payable$965K
Inventory$0
PP&E (Net)$4.69M
Goodwill$0
Intangible Assets$1.6M
Income Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 | 2020-08-31 | 2019-08-31 | 2009-08-31 | 2008-08-31 | 2007-08-31 | 2006-08-31 | 2005-08-31 | 2004-08-31 |
| Revenue | $0 | $0 | $25K | $0 | $0 | $0 | $1.89M | $1.58M | $657K | $528K | $316K | $0 |
| YoY Growth | - | - | - | - | - | - | 19.3% | 141.1% | 24.5% | 67.0% | - | - |
| Cost of Revenue | $88K | $0 | $75K | $0 | $0 | $0 | $2.58M | $2.06M | $1.04M | $576K | $367K | $0 |
| Gross Profit | -$88K | $0 | -$50K | $0 | $0 | $0 | -$686K | -$479K | -$379K | -$48K | -$51K | $0 |
| Gross Margin | - | - | -200.0% | - | - | - | -36.3% | -30.2% | -57.7% | -9.2% | -16.1% | - |
| Research and Development | $0 | $0 | $713K | $160K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $333K | $3.35M | $2.58M | $893K | $105K | $1K | $1.64M | $3.19M | $1.54M | $836K | $221K | $0 |
| Other | $1.93M | $0 | $2.48M | $0 | $0 | $0 | -$3.28M | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $2.26M | $3.35M | $2.58M | $1.05M | $105K | $1K | -$1.64M | $3.19M | $1.54M | $836K | $221K | $0 |
| Operating Income (EBIT) | -$2.35M | -$3.35M | -$2.63M | -$1.05M | -$105K | -$1K | $835K | -$3.66M | -$1.92M | -$884K | -$272K | $0 |
| Operating Margin | - | - | -10527.1% | - | - | - | 44.2% | -231.3% | -292.3% | -167.5% | -86.1% | - |
| Interest Expense | $1.88M | $83K | $3K | $0 | $0 | $0 | $57K | $11K | $16K | $696K | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$1.14M | -$7.09M | -$9.7M | -$4K | $0 | $2 | $120K | -$17K | $5.98M | -$2.62M | $3K | $0 |
| Income Before Tax (EBT) | -$3.49M | -$10.43M | -$2.63M | -$1.06M | -$105K | -$1K | $955K | -$3.67M | $4.07M | -$4.2M | -$350K | $15 |
| Income Tax Expense | $0 | $0 | $75K | $0 | $0 | $0 | $3.22M | $17K | -$5.98M | $4.2M | $350K | $15 |
| Net Income | -$3.49M | -$10.43M | -$2.71M | -$1.06M | -$105K | -$1K | -$2.26M | -$3.69M | $10.05M | -$4.2M | -$350K | $0 |
| Net Income Margin | - | - | -10838.2% | - | - | - | -119.8% | -232.8% | 1529.7% | -796.1% | -110.8% | - |
| Supplementary Data | ||||||||||||
| EPS | -0.05 | -0.15 | -0.27 | -0.03 | -0.04 | -0.00 | -2.00 | -3.17 | 2.67 | -3.33 | -0.49 | -0.17 |
| Diluted EPS | -0.05 | -0.15 | -0.27 | -0.03 | -0.04 | -0.00 | -2.00 | -3.17 | 1.83 | -3.33 | -0.49 | -0.17 |
| Weighted Average OS | 72.47M | 70.48M | 45.57M | 35.20M | 2.73M | 2.15M | 1.51M | 1.44M | 1.33M | 1.25M | 713,959 | 61.80M |
| EBITDA | -$1.52M | -$7M | -$9.7M | -$4K | $0 | -$1K | $1.41M | -$3.1M | -$1.57M | -$761K | -$191K | $0 |
| EBITDA Margin | - | - | -38804.1% | - | - | - | 74.3% | -195.8% | -238.8% | -144.2% | -60.6% | - |
Balance Sheet
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 | 2020-08-31 | 2019-08-31 | 2009-08-31 | 2008-08-31 | 2007-08-31 | 2006-08-31 | 2005-08-31 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $23K | $23K | $199K | $95K | $0 | $0 | $12K | $712K | $1.66M | $1.82M | $560 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $23K | $23K | $199K | $95K | $0 | $0 | $12K | $712K | $1.66M | $1.82M | $560 |
| Accounts Receivable | $475K | $0 | $195K | $0 | $0 | $0 | $233K | $195K | $73K | $39K | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $553K | $1.29M | $1.83M | $1.25M | $540K |
| Other Current Assets | $2.5M | $0 | $0 | $0 | $0 | $0 | $52K | $80K | $61K | $68K | $29K |
| Total Current Assets | $3M | $23K | $27.42M | $95K | $0 | $0 | $851K | $2.28M | $3.62M | $3.18M | $569K |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $4.69M | $4.82M | $0 | $0 | $0 | $0 | $3.35M | $3.98M | $2.96M | $1.82M | $1.1M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $1.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $2.73M | $2.73M | $5K | $100K | $0 | $0 | $1.08M | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $20K | $0 | $0 | $0 | $0 | $0 | $9K | $1.1M | $86K | $4K | $24K |
| Total Long-Term Assets | $9.03M | $7.54M | $5K | $100K | $0 | $0 | $4.44M | $5.09M | $3.05M | $1.83M | $1.12M |
| Other Assets | $0 | $0 | -$5K | -$100K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $12.03M | $7.57M | $27.42M | $95K | $0 | $0 | $5.29M | $7.36M | $6.67M | $5M | $1.69M |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $965K | $588K | $157K | $105K | $6K | $0 | $967K | $764K | $721K | $687K | $490K |
| Short-Term Debt | $2.71M | $213K | $20K | $0 | $3K | $0 | $591K | $631K | $573K | $1.41M | $2.19M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | -$967K | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $3.31M | $190K | $328K | $40K | $0 | $2K | $144K | $227K | $0 | $1.74M | $0 |
| Total Current Liabilities | $7.11M | $1.13M | $447K | $145K | $50K | $2K | $1.7M | $1.62M | $1.29M | $3.84M | $2.68M |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $598K | $548K | $526K | $40K | $370K |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $20.42M | $0 |
| Total Long-Term Liabilities | $4.56M | $4.69M | $177K | $0 | $0 | $0 | $598K | $548K | $526K | $20.46M | $370K |
| Other Liabilities | $0 | $0 | -$177K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $11.67M | $5.82M | $447K | $145K | $50K | $2K | $2.3M | $2.17M | $1.82M | $24.3M | $3.05M |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $1K | $1K | $1K | $1K | $1K | $1K | $9K | $9K | $8K | $8K | $0 |
| Common Stock | $73K | $68K | $58K | $43K | $5K | $558 | $3K | $2K | $2K | $2K | $2K |
| Retained Earnings | -$56.14M | -$52.66M | -$32.52M | -$29.89M | -$28.83M | -$28.73M | -$25.01M | -$22.1M | -$17.53M | -$19.05M | -$4.34M |
| Comprehensive Income & Other | $0 | $0 | $20K | $100K | -$2K | -$558 | -$390K | -$211K | -$106K | -$256K | -$170K |
| Other Stockholders' Equity | $56.43M | $54.34M | $59.44M | $29.8M | $28.78M | $28.72M | $27.99M | $27.3M | $22.37M | -$248K | $2.98M |
| Total Equity | $361K | $1.75M | $26.97M | -$50K | -$50K | -$2K | $2.99M | $5.19M | $4.85M | -$19.3M | -$1.36M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $12.03M | $7.57M | $27.42M | $95K | $0 | $0 | $5.29M | $7.36M | $6.67M | $5M | $1.69M |
| Supplementary Data | |||||||||||
| Total Debt | $7.4M | $5.03M | $20K | $0 | $3K | $0 | $1.19M | $1.18M | $1.1M | $1.45M | $2.56M |
| Net Debt | $7.38M | $5.01M | -$179K | -$95K | $3K | $0 | $1.18M | $467K | -$557K | -$365K | $2.56M |
Cash Flow Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 | 2020-08-31 | 2019-08-31 | 2009-08-31 | 2008-08-31 | 2007-08-31 | 2006-08-31 | 2005-08-31 | 2004-08-31 |
| Operating Activities | ||||||||||||
| Net Income | -$3.49M | -$10.43M | -$2.63M | -$1.06M | -$105K | -$1K | -$2.26M | -$3.68M | $4.06M | -$4.2M | -$350K | -$5 |
| Depreciation & Amortization | $88K | $3.35M | $2.63M | $1.05M | $105K | $0 | $571K | $563K | $351K | $123K | $80K | $0 |
| Deferred Income Tax | $0 | -$69K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $390K | $2.21M | $1.4M | $501K | $58K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||
| Accounts Receivable | -$240K | $195K | $0 | $0 | $0 | $0 | -$38K | -$122K | -$35K | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $473K | -$450K | -$575K | -$712K | -$540K | $0 |
| Accounts Payable | $583K | $432K | $88K | $138K | $0 | $0 | $123K | $270K | $33K | $0 | $0 | $0 |
| Other Working Capital | $1.1M | -$74K | $76K | -$43K | $45K | $1K | $146K | -$51K | -$77K | $102K | $263K | $0 |
| Total Working Capital Change | $1.45M | $552K | $163K | $95K | $45K | $1K | $704K | -$352K | -$653K | -$610K | -$277K | $0 |
| Other Non-Cash Items | $1.53M | $3.8M | -$2.63M | -$1.05M | -$105K | $0 | $278K | $1.87M | -$5.44M | $3.37M | $357 | $5 |
| Net Cash from Operating | -$32K | -$593K | -$1.07M | -$461K | -$3K | $0 | -$713K | -$1.6M | -$1.68M | -$1.32M | -$546K | -$5 |
| Investing Activities | ||||||||||||
| Capital Expenditures | -$21K | $0 | $0 | $0 | $0 | $0 | -$84K | -$1.59M | -$1.41M | -$784K | -$493K | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | -$6K | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$21K | $0 | $0 | $0 | $0 | $0 | -$90K | -$1.59M | -$1.41M | -$784K | -$493K | $0 |
| Financing Activities | ||||||||||||
| Debt Repaid | - | - | -$20K | - | - | - | -$85K | $84K | $22K | $320K | -$1.07M | - |
| Common Stock Issuance | $1.69M | $225K | $1.16M | $556K | $0 | $0 | $18K | $2.26M | $3.05M | $5.14M | $860 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $623K | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$630K | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$2.47M | $0 | $0 | $0 | $3K | $0 | $0 | $630K | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $52K | $418K | $1.18M | $556K | $3K | $0 | $38K | $2.31M | $2.84M | $4.01M | $1.07M | $0 |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $65K | -$62K | $93K | -$88K | -$42K | $0 |
| Net Change in Cash | -$238 | -$176K | $104K | $95K | $0 | $0 | -$700K | -$945K | -$160K | $1.82M | -$12K | -$5 |
| Supplementary Data | ||||||||||||
| Operating Cash Flow | -$32K | -$593K | -$1.07M | -$461K | -$3K | $0 | -$713K | -$1.6M | -$1.68M | -$1.32M | -$546K | -$5 |
| Capital Expenditure | -$21K | $0 | $0 | $0 | $0 | $0 | -$84K | -$1.59M | -$1.41M | -$784K | -$493K | $0 |
| Free Cash Flow | -$53K | -$593K | -$1.07M | -$461K | -$3K | $0 | -$797K | -$3.19M | -$3.09M | -$2.1M | -$1.04M | -$5 |
| Cash at Beginning | $23K | $199K | $95K | $0 | $0 | $12K | $712K | $1.66M | $1.82M | $560 | $13K | $0 |
| Cash at End | $23K | $23K | $199K | $95K | $0 | $12K | $12K | $712K | $1.66M | $1.82M | $560 | -$5 |