The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Depletion, depreciation, amortization, and accretion | 910,579 |
| Loss on debt extinguishment | 577,008 |
| Change in fair value of derivative asset | -16,999 |
| Change in fair value of derivative liability | -572,193 |
| Provision for credit losses | 399,659 |
| Bad debt expense | 62,970 |
| Loss on investment in joint venture | 119,236 |
| Impairment on long-lived assets | 12,062,639 |
| Amortization of debt discount and debt issuance costs | 3,467,752 |
| Interest income on investments and notes receivable | 50,919 |
| Stock based compensation | 975,672 |
| Accounts receivable | 366,586 |
| Prepaid and other current assets | -315,477 |
| Accounts payable | -453,424 |
| Accrued liabilities | 140,821 |
| Excise tax payable | 247,208 |
| Withholding tax payable | 205,457 |
| Due to related parties | 23,646 |
| Other liabilities current | 43,163 |
| Net loss | -29,585,804 |
| Amortization of right-to-use asset | 0 |
| Accrued interest on note payable and other current liabilities | 0 |
| Compensation - assignment of property | 0 |
| Deferred tax asset | 0 |
| Lease liability | 0 |
| Asset retirement obligations settled | 0 |
| Cash used in operating activities | -11,699,112 |
| Investment in property, plant and equipment, net | 1,666,047 |
| Investment in joint venture | 3,697,577 |
| Investment in oil and natural gas properties | 0 |
| Cash used in investing activities | -5,363,624 |
| Issuance of common stock | 23,553,276 |
| Proceeds from convertible note, net of transaction costs | 2,790,000 |
| Repayment of convertible note | 4,277,618 |
| Debt issuance costs | 84,183 |
| Repayment of notes payable | 2,217,823 |
| Proceeds from related party | 4,000,000 |
| Repayment to related party | 4,000,000 |
| Issuance of related party loan | 2,551,932 |
| Proceeds from reverse recapitalization | 0 |
| Cash used in financing activities | 17,211,720 |
| Change in cash and cash equivalents | 148,984 |
| Change in cash and cash equivalents | 148,984 |
| Cash, beginning of year | 1,053,744 |
| Cash, end of year | 1,202,728 |
New ERA Energy & Digital, Inc. (NUAI)
New ERA Energy & Digital, Inc. (NUAI)