For the quarter ending 2024-06-30, HNRA made $5,060,795 in revenue. -$637,795 in net income. Net profit margin of -12.60%.
| Income Statement | 2024-06-30 | |||
|---|---|---|---|---|
| Revenues | 5,060,795 | |||
| General and administrative expense | 2,323,662 | |||
| Asset retirement obligation, accretion expense | 40,526 | |||
| Depreciation, depletion and amortization | 522,542 | |||
| Operating lease, expense | 2,094,181 | |||
| Production taxes transportation and processing | 408,985 | |||
| Operating expenses | 5,389,896 | |||
| Operating income (loss) | -329,101 | |||
| Interest expense, nonoperating | 2,030,317 | |||
| Amortization of debt discount (premium) | 662,076 | |||
| Change in fair value of forward purchase agreement liability | -23,717 | |||
| Fair value adjustment of warrants | -277,167 | |||
| Other nonoperating income (expense) | 783 | |||
| Gain (loss) on extinguishment of debt | 1,720,000 | |||
| Investment income, interest | 14,257 | |||
| Nonoperating income (expense) | -656,469 | |||
| Income (loss) from continuing operations before income taxes, noncontrolling interest | -985,570 | |||
| Income tax expense (benefit) | -347,775 | |||
| Net income (loss), including portion attributable to noncontrolling interest | -637,795 | |||
| Net income (loss) attributable to hnr acquisition corp | -637,795 | |||
| Basic eps | -0.12 | |||
| Diluted eps | -0.12 | |||
| Diluted average shares | 5,427,537 | |||
null (HNRA)
null (HNRA)