RSRV: the balance sheet

MyFinsight

For the year ending 2025-12-31, RSRV has $41,608,523 in assets. $7,609,157 in debts. $2,051,330 in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	2,051,330
Equity securities	4,516,415
Refundable income taxes	282,311
Accounts receivable	2,994,573
Total current assets	9,844,629
Equity method investments	1,782,717
Other investments	3,440,406
Total investments	5,223,123
Unproved properties	6,110,839
Proved properties	84,478,449
Oil and gas properties, gross	90,589,288
Less accumulated depreciation, depletion, amortization and valuation allowance	66,392,912
Oil and gas properties, net	24,196,376
Other property and equipment, at cost	2,573,154
Less accumulated depreciation	228,759
Other property and equipment, net	2,344,395
Total property, plant and equipment, net	26,540,771
Total assets	41,608,523

Accounts payable	1,167,893
Other current liabilities	14,249
Note payable, current portion	1,010,873
Total current liabilities	2,193,015
Asset retirement obligation	2,509,626
Deferred tax liability, net	2,906,516
Note payable, less current portion	0
Total long-term liabilities	5,416,142
Total liabilities	7,609,157
Common stock	92,368
Additional paid-in capital	65,000
Retained earnings	36,080,391
Equity before treasury stock	36,237,759
Less treasury stock, at cost	2,472,606
Total equity applicable to the reserve petroleum company	33,765,153
Non-controlling interests	234,213
Total equity	33,999,366
Total liabilities and equity	41,608,523

Unit: Dollar.