SOC: the balance sheet

MyFinsight

For the year ending 2025-12-31, SOC has $1,740,822K in assets. $1,206,519K in debts. $97,684K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	97,684
Restricted cash	0
Inventory	12,078
Materials and supplies	14,658
Prepaid expenses and other current assets	11,282
Total current assets	135,702
Oil and gas properties	1,567,029
Less accumulated depreciation, depletion and amortization	5,977
Total oil and gas properties, net	1,561,052
Other, net	44,068
Total assets	1,740,822

Accounts payable and accrued liabilities-Nonrelated Party	99,353
Senior secured term loan including paid-in-kind interest, net	921,584
Other current liabilities-Nonrelated Party	2,488
Total current liabilities	1,023,425
Warrant liabilities	37,738
Asset retirement obligations	113,181
Senior secured term loan including paid-in-kind interest, net	0
Deferred tax liability	12,833
Other	19,342
Total liabilities	1,206,519
Common stock, 0.0001 par value 500,000,000 shares authorized 144,961,796 and 89,310,996 issued and outstanding at december31, 2025 and 2024, respectively	15
Additional paid-in capital	1,642,746
Accumulated deficit	-1,108,458
Total stockholders equity	534,303
Total liabilities and stockholders equity	1,740,822

Unit: Thousand (K) dollars (except for numbers of shares and EPS).