Financial insights of SOC

MyFinsight

For the quarter ending 2025-09-30.

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

Income Statement	2025-09-30	2025-06-30	2024-09-30	2024-06-30
Total revenue	0	0	-	-
Operations and maintenance expenses	79,405	50,398	25,629	26,294
Depreciation, depletion, amortization and accretion	3,259	3,172	2,755	2,724
General and administrative expenses	36,719	75,318	26,225	33,217
Total operating expenses	119,383	128,888	54,609	62,235
Loss from operations	-119,383	-128,888	-54,609	-62,235
Change in fair value of warrant liabilities	-34,817	-27,146	178,199	81,178
Other (income) expense, net	1,828	2,508	-2,728	2,301
Interest expense	21,010	21,009	19,169	19,175
Total other (income) expense, net	15,635	8,645	-200,096	-98,052
Loss before income taxes	-103,748	-120,243	-254,705	-160,287
Income tax expense	6,630	7,823	865	5,149
Net loss	-110,378	-128,066	-255,570	-165,436

Basic net loss per common stock (in dollars per share)	-1.11	-1.4	-4.11	-2.75
Diluted net loss per common stock (in dollars per share)	-1.11	-1.4	-4.11	-2.75
Weighted average common stock outstanding, basic (in shares)	99,485,641	91,224,345	62,166,298	60,166,269
Weighted average common stock outstanding, diluted (in shares)	99,485,641	91,224,345	62,166,298	60,166,269