husa: the balance sheet

MyFinsight

For the quarter ending 2025-06-30, HUSA has $8,715,938 in assets. $304,603 in debts.

Unit: Dollar

Balance Sheets	2025-06-30
Office equipment	90,004
Costs subject to amortization	62,775,947
Total	62,865,951
Accumulated depletion, depreciation, amortization, and impairment	61,809,714
Property and equipment, net	1,056,237
Prepaid expenses and other current assets	483,810
Cash	6,951,006
Accounts receivable - oil and gas sales	32,906
Total current assets	7,467,722
Other assets	3,167
Right of use asset	28,812
Refundable acquisition deposit	160,000
Total assets	8,715,938

Reserve for plugging and abandonment costs	62,470
Total long-term liabilities	62,470
Current portion of lease liability	29,285
Accrued expenses	19,582
Accounts payable	193,266
Total current liabilities	242,133
Total liabilities	304,603
Accumulated deficit	-88,042,432
Common stock, par value 0.001 per share 300,000,000 shares authorized 1,908,385 and 1,308,653 shares issued and outstanding as of june 30, 2025 and december 31, 2024, respectively	1,908
Additional paid-in capital	96,451,859
Total shareholders equity	8,411,335
Total liabilities and shareholders equity	8,715,938