For the quarter ending 2026-03-31, EPSN had -$7,293,470 decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net income | -5,910,365 | 1,072,295 | 5,567,495 |
| Depletion, depreciation, amortization, and accretion | -6,245,634 | 2,570,462 | 6,677,511 |
| Impairment expense | -2,676,669 | 0 | 2,676,669 |
| Accretion of discount on available for sale securities | - | 0 | 0 |
| Amortization on deferred financing costs | 50,084 | - | - |
| (gain) loss on derivative contracts | -11,005,829 | 964,307 | 1,111,693 |
| Settlement received on derivative contracts | -1,747,101 | 807,648 | -108,383 |
| Settlement of asset retirement obligation | -1,600 | 0 | 1,600 |
| Stock-based compensation expense | -600,762 | 376,613 | 771,676 |
| Deferred income tax (benefit) expense | 941,728 | 103,153 | -779,676 |
| Accounts receivable | 1,990,451 | -981,684 | -346,839 |
| Prepaid income taxes | 10,164 | 0 | 0 |
| Other assets and liabilities | -303,523 | 576,932 | -385,445 |
| Accounts payable, royalties payable, gathering fees payable, and other accrued liabilities | -1,383,113 | -364,431 | -66,454 |
| Income taxes payable | -2,532,686 | -40,235 | 2,572,921 |
| Net cash provided by operating activities | -10,794,181 | 3,965,950 | 16,930,750 |
| Purchases of short term investments - available for sale | - | 0 | 0 |
| Additions to unproved oil and gas properties | -4,649,167 | -100,091 | 5,132,649 |
| Proceeds from short term investments - held to maturity | - | 0 | 0 |
| Additions to proved oil and gas properties | -2,070,637 | -96,582 | 5,997,993 |
| Additions to gathering system properties | -333,541 | 155,797 | 228,327 |
| Additions to land, buildings and property and equipment | -13,927 | 0 | 12,102 |
| Prepaid drilling costs | -978,044 | 272,879 | 705,165 |
| Net cash used in investing activities | 6,089,228 | 313,755 | -10,665,906 |
| Buyback of common shares | - | 0 | 0 |
| Payment on credit facility | 5,000,000 | - | - |
| Dividends paid | -2,245,514 | 1,378,515 | 2,751,372 |
| Net cash provided by (used in) financing activities | -2,754,486 | -1,378,515 | -2,751,372 |
| Effect of currency rates on cash, cash equivalents, and restricted cash | 165,969 | -42,676 | -125,612 |
| Increase (decrease) in cash, cash equivalents, and restricted cash | -7,293,470 | 2,858,514 | 3,387,860 |
| Cash, cash equivalents, and restricted cash, beginning of period | 13,236,167 | 6,989,793 | - |
| Cash, cash equivalents, and restricted cash, end of period | 8,465,858 | 13,236,167 | - |
Epsilon Energy Ltd. (EPSN)
Epsilon Energy Ltd. (EPSN)