Houston American Energy Corporation

(NASDAQ:HUSA)
  Sep 30, 2008 Jun 30, 2008 Mar 31, 2008 Dec 31, 2007
Assets
Current Assets
Cash & Equivalents 11,853 13,553 9,417 418
Restricted Cash — — — —
Marketable Securities — — 1,000 9,650
Accounts Receivable 761 1,587 1,243 578
Loans Receivable — — — —
Other Receivable — — — —
Receivables 761 1,587 1,243 578
Raw Materials — — — —
Work in Progress — — — —
Purchased Components — — — —
Finished Goods — — — —
Other Inventories — — — —
Inventories Adjustments and Allowances — — — —
Inventories — — — —
Prepaid Expenses 51 330 119 49
Current Deferred Income Taxes — — — —
Other Current Assets 1,692 22 24 —
Total Current Assets 14,356 15,493 11,803 10,695
Land and Improvements 15,902 12,803 14,353 13,713
Building and Improvements — — — —
Machinery Furniture and Equipment 12 12 12 12
Construction in Progress — — — —
Other Fixed Assets — — — —
Total Fixed Assets 15,914 12,815 14,365 13,725
Gross Fixed Assets 15,914 12,815 14,365 13,725
Accumulated Depreciation and Depletion 3,839 3,692 4,050 3,708
Net Fixed Assets 12,075 9,123 10,315 10,017
Intangibles — — — —
Cost in Excess — — — —
Non Current Deferred Income Taxes — — — —
Other Non Current Assets 101 1,715 3 3
Total Non Current Assets 12,177 10,839 10,318 10,020
Total Assets 26,533 26,331 22,122 20,715
Liabilities
Current Liabilities
Accounts Payable 603 714 551 260
Notes Payable — — — —
Short Term Debt — — — —
Accrued Expenses 1 180 2 2
Accrued Liabilities — — — —
Deferred Revenues — — — —
Current Deferred Income Tax Liabilities — — — —
Other Current Liabilities 22 26 275 74
Total Current Liabilities 626 920 828 336
Non Current Liabilities
Long Term Debt — — — —
Capital Lease Obligations — — — —
Deferred Income Tax Liabilities — — — —
Other Non Current Liabilities 146 144 137 135
Minority Interest Liabilities — — — —
Preferred Securities of Subsidiary Trust Liabilities — — — —
Preferred Equity Outside Stock Equity — — — —
Total Non Current Liabilities 773 1,064 965 471
Total Liabilities 146 144 137 135
Shareholders' Equity
Preferred Stock Equity — — — —
Common Stock Equity 25,760 25,268 21,156 20,243
Common Par 28 28 28 28
Additional Paid in Capital 23,586 23,330 22,419 22,378
Cumulative Translation Adjustment — — — —
Retained Earnings 2,232 1,995 -1,205 -2,076
Treasury Stock -86 -86 -86 -86
Other Equity Adjustments — — — —
Total Capitalization 25,760 25,268 21,156 20,243
Cash Flow 6,445 6,224 2,558 1,616
Working Capital 13,730 14,573 10,975 10,359
Free Cash Flow -8,638 -6,997 349 -4,341
Invested Capital 25,760 25,268 21,156 20,243
Total Equity 25,760 25,268 21,156 20,243
Total Liabilities and Stock Equity 26,533 26,331 22,122 20,715