For the quarter ending 2025-12-31, MXC had -$479,052 decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net income | 50,245 | 323,506 | 241,951 |
| Deferred income tax benefit | 95,933 | -84,331 | -38,685 |
| Stock-based compensation | 39,880 | 43,033 | 51,208 |
| Depreciation, depletion and amortization | 664,265 | 662,647 | 675,270 |
| Accretion of asset retirement obligations | 8,053 | 8,043 | 7,973 |
| Amortization of debt issuance costs | 1,075 | 1,074 | 1,075 |
| Decrease (increase) in accounts receivable | -149,145 | 381 | -256,816 |
| Decrease (increase) in right-of-use asset | -12,890 | -12,605 | -12,325 |
| Decrease in prepaid expenses | -24,486 | -1,846 | -8,176 |
| (decrease) increase in accounts payable and accrued expenses | -59,385 | -80,196 | 51,461 |
| Settlement of asset retirement obligations | -6,655 | -9,930 | -7,284 |
| (decrease) increase in income taxes payable | -103,759 | -161,039 | 115,316 |
| (decrease) increase in operating lease liability | -12,890 | -12,605 | -12,325 |
| Net cash provided by operating activities | 863,283 | 704,272 | 1,363,277 |
| Additions to oil and gas properties | 1,114,906 | 304,301 | 372,300 |
| Investment in limited liability companies at cost | 227,429 | 200,000 | 0 |
| Proceeds from sale of oil and gas properties and equipment | 0 | -1 | 6,390 |
| Net cash used in investing activities | -1,342,335 | -504,302 | -365,910 |
| Proceeds from exercise of stock options | - | - | 0 |
| Acquisition of treasury stock | - | - | 0 |
| Dividends paid | 0 | 0 | 204,600 |
| Net cash used in financing activities | 0 | 0 | -204,600 |
| Net increase (decrease) in cash and cash equivalents | -479,052 | 199,970 | 792,767 |
| Cash and cash equivalents at beginning of period | 2,746,692 | 1,753,955 | - |
| Cash and cash equivalents at end of period | 2,267,640 | 2,746,692 | - |
MEXCO ENERGY CORP (MXC)
MEXCO ENERGY CORP (MXC)