| Income Statement | 2025-09-30 | 2025-06-30 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Oil and gas revenue | 225,678 | 110,557 | 130,239 | 115,805 |
| Lease operating expense and severance tax | 112,644 | 228,226 | 229,210 | 142,203 |
| General and administrative expense | 3,456,958 | 1,660,006 | 299,308 | 355,747 |
| Depreciation and depletion | 40,027 | 44,804 | 39,994 | 28,107 |
| Impairment of oil and gas properties | 198,950 | - | - | - |
| Issuance cost of derivative instruments | 3,342,000 | - | - | - |
| Patent write-off | 10,508 | - | - | - |
| Total operating expenses | 7,161,087 | 1,933,036 | 568,512 | 526,057 |
| Loss from operations | -6,935,409 | -1,822,479 | -438,273 | -410,252 |
| Other income | - | 0 | 268,817 | 292,926 |
| Interest expense | 108,453 | - | - | - |
| Interest income | 10,907 | 27,639 | 24,688 | 28,241 |
| Foreign currency gain (loss) | 1,041 | - | - | - |
| Total other income (loss) | -96,505 | 27,639 | 293,505 | 321,167 |
| Net loss before taxes | -7,031,914 | -1,794,840 | -144,768 | -89,085 |
| Net loss | -7,031,914 | - | - | - |
| Net (loss) /income attributable to noncontrolling interest | -2,922 | - | - | - |
| Income tax expense | - | 0 | - | - |
| Foreign currency translation gain | 10,131 | - | - | - |
| Net loss | - | -1,794,840 | -144,768 | -89,085 |
| Comprehensive loss | -7,018,861 | - | - | - |
| Basic loss per common share | -0.21 | -1.11 | -0.01 | -0.01 |
| Basic weighted average number of common shares outstanding | 33,995,899 | 1,623,011 | 10,906,353 | 10,906,353 |
| Diluted loss per common share | -0.21 | -1.11 | -0.01 | -0.01 |
| Diluted weighted average number of common shares outstanding | 33,995,899 | 1,623,011 | 10,906,353 | 10,906,353 |
HOUSTON AMERICAN ENERGY CORP (HUSA)
HOUSTON AMERICAN ENERGY CORP (HUSA)