Prairie Operating Co. (PROP)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
---|---|---|---|---|
Total revenues | 68,100,000 | 13,590,000 | - | - |
Ad valorem and production taxes | 6,416,000 | 957,000 | - | - |
Lease operating expenses | 11,348,000 | 2,012,000 | - | - |
General and administrative expenses | 16,443,000 | 5,551,000 | 8,790,368 | 8,512,112 |
Exploration expenses | 458,000 | 287,000 | 25,320 | 56,685 |
Depreciation, depletion, and amortization | 12,199,000 | 2,117,000 | 711 | - |
Accretion of asset retirement obligation | 66,000 | 6,000 | - | - |
Gathering, transportation, and processing expenses | 2,234,000 | 907,000 | - | - |
Total operating expenses | 49,164,000 | 11,837,000 | 8,816,399 | 8,568,797 |
Income (loss) from operations | 18,936,000 | 1,753,000 | -8,816,399 | -8,568,797 |
Loss on debt issuance | - | - | -3,039,347 | - |
Loss on derivatives, net | - | -898,000 | - | - |
Unrealized gain on derivatives | 23,206,000 | - | - | - |
Interest income and other | 94,000 | 70,000 | 431,593 | 55,139 |
Interest expense | 9,124,000 | 1,378,000 | - | - |
Realized gain on derivatives | 4,944,000 | - | - | - |
Loss on adjustment to fair value embedded derivatives, debt, and warrants | -2,373,000 | -2,164,000 | - | - |
Total other income (expenses) | 16,747,000 | -4,370,000 | -2,607,754 | 55,139 |
Income (loss) from operations before provision for income taxes | 35,683,000 | -2,617,000 | -11,424,153 | -8,513,658 |
Provision for income taxes | - | - | - | - |
Net income (loss) from continuing operations | 35,683,000 | -2,617,000 | -11,424,153 | -8,513,658 |
Loss from discontinued operations, net of taxes | - | - | - | - |
Net loss from discontinued operations | - | - | - | - |
Net income (loss) attributable to prairie operating co | 35,683,000 | -2,617,000 | -11,424,153 | -8,513,658 |
Remeasurement of series f preferred stock | -17,511,000 | - | - | - |
Series f preferred stock undeclared dividends | 1,402,000 | 245,000 | - | - |
Series f preferred stock declared dividends | 3,289,000 | - | - | - |
Series f preferred stock deemed dividends | - | 90,612,000 | - | - |
Net income (loss) attributable to prairie operating co. common stockholders | 48,500,000 | -93,474,000 | -11,424,153 | -8,513,658 |
Basic | 44,063,281 | 26,796,704 | 16,770,372 | 12,000,568 |
Basic earnings (loss) per share | 1.04 | -3.49 | -0.68 | -0.71 |
Diluted earnings (loss) per share | 0.18 | -3.49 | -0.68 | -0.71 |