For the quarter ending 2025-09-30, EPSN has $126,293,005 in assets. $26,074,972 in debts. $12,766,167 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 12,766,167 | 9,907,653 | ||
| Accounts receivable | 4,515,199 | 5,496,883 | ||
| Fair value of derivatives | 889,187 | 732,528 | ||
| Prepaid income taxes | 0 | 0 | ||
| Other current assets | 965,970 | 396,264 | ||
| Total current assets | 19,136,523 | 16,533,328 | ||
| Proved properties | 200,066,005 | 197,197,902 | ||
| Unproved properties | 33,396,744 | 33,496,835 | ||
| Accumulated depletion, depreciation, amortization and impairment | 134,181,378 | 131,899,045 | ||
| Total oil and gas properties, net | 99,281,371 | 98,795,692 | ||
| Gathering system | 43,540,301 | 43,416,065 | ||
| Accumulated depletion, depreciation, amortization and impairment | 37,271,826 | 37,057,605 | ||
| Total gathering system, net | 6,268,475 | 6,358,460 | ||
| Land | 637,764 | 637,764 | ||
| Buildings and other property and equipment, net | 221,901 | 245,555 | ||
| Total property and equipment, net | 106,409,511 | 106,037,471 | ||
| Operating lease right-of-use assets, long term | 272,298 | 295,317 | ||
| Restricted cash | 470,000 | 470,000 | ||
| Prepaid drilling costs | 4,673 | 277,552 | ||
| Total non-current assets | 107,156,482 | 107,080,340 | ||
| Total assets | 126,293,005 | 123,613,668 | ||
| Accounts payable trade | 2,963,805 | 2,018,533 | ||
| Gathering fees payable | 978,890 | 1,139,057 | ||
| Royalties payable | 1,481,520 | 1,553,262 | ||
| Income taxes payable | 1,556,724 | 1,596,958 | ||
| Accrued capital expenditures | 1,605,705 | 225,923 | ||
| Accrued compensation | 726,213 | 465,055 | ||
| Other accrued liabilities | 490,970 | 283,540 | ||
| Fair value of derivatives | 0 | 0 | ||
| Operating lease liabilities | 120,799 | 121,057 | ||
| Total current liabilities | 9,924,626 | 7,403,385 | ||
| Asset retirement obligations | 3,822,030 | 3,764,816 | ||
| Deferred income taxes | 12,062,053 | 11,958,901 | ||
| Operating lease liabilities, long term | 266,263 | 296,250 | ||
| Total non-current liabilities | 16,150,346 | 16,019,967 | ||
| Total liabilities | 26,074,972 | 23,423,352 | ||
| Preferred shares, no par value, unlimited shares authorized, none issued or outstanding | 0 | 0 | ||
| Common shares, no par value, unlimited shares authorized and 22,058,574 shares issued and outstanding at september 30, 2025 and 22,008,766 issued and outstanding at december 31, 2024 | 116,081,031 | 116,081,031 | ||
| Additional paid-in capital | 13,267,196 | 12,890,583 | ||
| Accumulated deficit | -38,995,173 | -38,688,953 | ||
| Accumulated other comprehensive income | 9,864,979 | 9,907,655 | ||
| Total shareholders' equity | 100,218,033 | 100,190,316 | ||
| Total liabilities and shareholders' equity | 126,293,005 | 123,613,668 | ||
Epsilon Energy Ltd. (EPSN)
Epsilon Energy Ltd. (EPSN)