The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -13,121 | - |
| Loss on commodity derivatives | - | 0 |
| Stock-based compensation | 238 | 1,017 |
| Amortization of right-of-use assets | 358 | 241 |
| Depreciation, depletion & amortization | 2,794 | 4,802 |
| Accretion of asset retirement obligation | 534 | 1,060 |
| Loss (gain) on financial derivatives (note 8) | 97 | - |
| Gain on extinguishment of debt | - | 0 |
| Gain on sale of oil and natural gas properties | 168 | - |
| Gain on sale of other fixed assets | 0 | 32 |
| Other long-term assets and liabilities | - | -50 |
| Accounts receivable | -1,835 | 2,012 |
| Net loss | - | -9,277 |
| Inventory, oil in tanks | -86 | -1 |
| Settlement on or purchases of derivative instruments | - | 0 |
| Prepaids, current | -220 | -425 |
| Loss on financial derivatives (note 8) | - | 0 |
| Accounts payable | -1,792 | 1,321 |
| Gain on sale of oil and natural gas properties | - | 175 |
| Accrued expenses | 601 | 1,054 |
| Amortization of debt discount on convertible notes | - | 0 |
| Other long-term assets and liabilities | 319 | - |
| Net cash (used in) provided by operating activities | 330 | -1,525 |
| Purchase of other fixed assets | - | 41 |
| Disposal of oil and natural gas properties | 575 | - |
| Disposal of other fixed assets | - | -49 |
| Capital expenditures - oil and natural gas properties | 3,624 | - |
| Disposal of oil and natural gas properties | - | -175 |
| Disposal of other fixed assets | 49 | - |
| Cash paid for right-of-use assets | - | 224 |
| Purchase of other fixed assets | 53 | - |
| Capital expenditures - oil and natural gas properties | - | 3,171 |
| Cash paid for right-of-use assets | 331 | - |
| Net cash used in investing activities | -172 | -3,212 |
| Borrowings on credit facility | 3,000 | - |
| Proceeds from promissory notes - related party (note 8) | 4,000 | - |
| Payments on promissory note - related party (note 8) | 2,000 | - |
| Principal payments of debt | 208 | 221 |
| Proceeds from promissory note - related party (note 8) | - | 2,000 |
| Net proceeds from warrant exercise (note 10) | - | 0 |
| Borrowings on credit facility | - | 3,000 |
| Proceeds from rights offering, net of transaction costs (note 10) | 2,358 | - |
| Net cash provided by financing activities | 2,150 | 4,779 |
| Net change in cash | 2,350 | - |
| Cash and cash equivalents at beginning of period | 2,251 | - |
| Net change in cash | - | 42 |
| Cash and cash equivalents at end of period | 4,601 | - |
EMPIRE PETROLEUM CORP (EP)
EMPIRE PETROLEUM CORP (EP)