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GMET Balance Sheet

Click line-items for a historical chart and %
Cash and cash equivalents 18.63M
Accounts receivable, both amounts net of allowance of $60,848
Inventory
Derivative asset - natural gas hedges
Other current assets 199.86K
Total current assets 18.83M
Proved gas properties
Other property and equipment
Total property and equipment
Less accumulated depreciation, depletion, amortization and impairment of gas properties
Property and equipment-net
Derivative asset - natural gas hedges
Deferred income taxes
Other
Total other noncurrent assets
TOTAL ASSETS 18.83M
Accounts payable 138K
Accrued liabilities 0
Deferred income taxes
Derivative liability - interest rate swaps
Asset retirement liability
Current portion of long-term debt
Total current liabilities 138K
Long-term debt
Asset retirement liability
Other long-term accrued liabilities
TOTAL LIABILITIES 138K
Commitments and contingencies (Note 12) 0
Preferred stock, $0.001 par value-2,598,168 shares authorized, none issued 0
Common stock, $0.001 par value-authorized 125,000,000 shares; issued and outstanding 39,973,810 and 39,758,484 at June 30, 2011 and December 31, 2010, respectively 40.52K
Treasury stock-10,432 shares at June 30, 2011 and December 31, 2010 -94.42K
Paid-in capital 176.4M
Accumulated other comprehensive loss
Retained deficit -210.48M
Less notes receivable
Total stockholders' equity -34.13M
TOTAL LIABILITIES, MEZZANINE AND STOCKHOLDERS' EQUITY 18.83M
Series A Convertible Redeemable Preferred Stock-net of offering costs of $1,658,718; redemption amount $44,117,490; $.001 par value; 7,401,832 shares authorized, 4,411,749 and 4,148,538 shares were issued and outstanding at June 30, 2011 and December 31, 2010, respectively.

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