| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 52,168 | 97,684 | 41,629 | 247,141 |
| Restricted cash | NaN | 0 | 0 | 35,634 |
| Accounts receivable | 1,542 | NaN | NaN | NaN |
| Inventory | 6,306 | 12,078 | NaN | NaN |
| Materials and supplies | 14,403 | 14,658 | 25,071 | 20,488 |
| Prepaid expenses and other current assets | 10,594 | 11,282 | 11,319 | 4,981 |
| Total current assets | 85,013 | 135,702 | 78,019 | 308,244 |
| Oil and gas properties | 1,611,450 | 1,567,029 | 1,537,981 | 1,428,848 |
| Less accumulated depreciation, depletion and amortization | 9,933 | 5,977 | 5,442 | 1,809 |
| Total oil and gas properties, net | 1,601,517 | 1,561,052 | 1,532,539 | 1,427,039 |
| Other, net | 43,352 | 44,068 | 39,076 | 36,755 |
| Total assets | 1,729,882 | 1,740,822 | 1,649,634 | 1,772,038 |
| Accounts payable and accrued liabilities-Nonrelated Party | NaN | 99,353 | 163,703 | 185,769 |
| Accounts payable and accrued liabilities | 117,324 | NaN | NaN | NaN |
| Senior secured term loan including paid-in-kind interest, net | 956,252 | 921,584 | 896,571 | 875,561 |
| Other current liabilities-Nonrelated Party | NaN | 2,488 | 1,426 | 1,109 |
| Other current liabilities | 4,234 | NaN | NaN | NaN |
| Total current liabilities | 1,077,810 | 1,023,425 | 1,061,700 | 1,062,439 |
| Warrant liabilities | 81,895 | 37,738 | 86,273 | 121,090 |
| Asset retirement obligations | 116,466 | 113,181 | 108,582 | 105,507 |
| Senior secured term loan including paid-in-kind interest, net | NaN | 0 | 0 | 0 |
| Deferred tax liability | 12,833 | 12,833 | 26,498 | 19,868 |
| Other | 19,015 | 19,342 | 18,498 | 17,507 |
| Total liabilities | 1,308,019 | 1,206,519 | 1,301,551 | 1,326,411 |
| Common stock, 0.0001 par value 500,000,000 shares authorized 150,321,586 and 144,961,796 issued and outstanding at march31, 2026 and december31, 2025, respectively | 16 | 15 | 10 | 10 |
| Additional paid-in capital | 1,727,331 | 1,642,746 | 1,394,357 | 1,381,523 |
| Accumulated deficit | -1,305,484 | -1,108,458 | -1,046,284 | -935,906 |
| Total stockholders equity | 421,863 | 534,303 | 348,083 | 445,627 |
| Total liabilities and stockholders equity | 1,729,882 | 1,740,822 | 1,649,634 | 1,772,038 |
Sable Offshore Corp. (SOC)
Sable Offshore Corp. (SOC)