10-Q/A
Quarterly Report
EQUUS TOTAL RETURN, INC.
NYSE
CIK: 878932
File #: 814-00098
Balance Sheet
56 line items · 2 periods
XBRL
| Item | Sep 30, 2024 | Dec 31, 2023 |
|---|---|---|
CONDENSED BALANCE SHEETS | ||
Assets | ||
Investments in portfolio securities at fair value: | ||
Long-Term Investments | 37,500,000 | 40,853,000 |
Total investments in portfolio securities at fair value | 37,500,000 | 40,853,000 |
Level 3 - Non-affiliate Investments | — | 0 |
Level 3 - Affiliate Investments | 0 | 0 |
Level 3 - Control Investments | 37,500,000 | 40,853,000 |
Level 3 | 37,500,000 | 40,853,000 |
Level 2 - Control Investments | 0 | 0 |
Level 2 | 0 | 0 |
Level 1 | 54,993,000 | 44,955,000 |
Level 1 - Control Investments | 0 | 0 |
Fair Value Measurements Recurring | 92,493,000 | 85,808,000 |
Total investments - Level 3 | 37,500,000 | 40,853,000 |
Total investments - Level 2 | — | 0 |
Total investments - Level 1 | 0 | 0 |
Total investments | 37,500,000 | 40,853,000 |
Level 3 - US Treasury Bill Securities | 0 | 0 |
Level 2 - US Treasury Bill Securities | 0 | 0 |
Level 1 - US Treasury Bill Securities | 54,993,000 | 44,955,000 |
US Treasury Bill Securities | 54,993,000 | 44,955,000 |
Control Investments | 37,500,000 | 40,853,000 |
Total Stockholders' Equity | 54,993,000 | 44,955,000 |
Cash | 1,149,000 | 6,533,000 |
MORGAN E&P, LLC | 0 | 2,441,000 |
Other Current Assets | 550,000 | 450,000 |
Accounts Receivable | 143,000 | 139,000 |
MORGAN E&P, LLC | 283,000 | 464,000 |
Accrued interest | 1,148,000 | 225,000 |
Other Non-Operating Current Assets | 23,000 | 392,000 |
Total Assets | 95,506,000 | 93,547,000 |
MORGAN E&P, LLC | 14,725,000 | 15,071,000 |
EQUUS ENERGY, LLC | 274,000 | 315,000 |
Liabilities and Member's Deficit: | ||
Accounts Payable | 250,000 | 172,000 |
MORGAN E&P, LLC | 6,886,000 | 2,372,000 |
Other Current Liabilities | 1,000 | 29,000 |
Accounts payable to related parties | 97,000 | 104,000 |
Short-Term Debt | 54,993,000 | 44,955,000 |
Total Liabilities | 55,341,000 | 45,260,000 |
MORGAN E&P, LLC | 19,806,000 | 16,875,000 |
EQUUS ENERGY, LLC | 475,000 | 464,000 |
Net assets | ||
Total Stockholders' Equity | 14,000 | 14,000 |
Total Stockholders' Equity | 74,785,000 | 74,785,000 |
Total Stockholders' Equity | (34,634,000) | (26,512,000) |
MORGAN E&P, LLC | (1,804,000) | 0 |
Total net assets | 40,165,000 | 48,287,000 |
MORGAN E&P, LLC | (5,081,000) | (1,804,000) |
EQUUS ENERGY, LLC | (201,000) | (149,000) |
Retained Earnings (Accumulated Deficit) | (34,634,000) | (26,512,000) |
Capital in Excess of | 74,785,000 | 74,785,000 |
Common stock | 14,000 | 14,000 |
Shares of common stock issued and outstanding, $.001 par value, 100,000 and 50,000 shares authorized, respectively | 13,586,000 | 13,586,000 |
Net asset value per share | 2.96 | 3.55 |