spnd: the income statement

MyFinsight

SPINDLETOP OIL & GAS CO (SPND)

For the quarter ending 2025-06-30, SPND made $1,040K in revenue. -$70K in net income. Net profit margin of -6.73%.

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

	2025-06-30	2025-03-31	2024-09-30	2024-06-30
Total revenues	1,040	1,195	888	1,116
Real estate expenses	24	25	52	21
General and administrative expenses	692	721	484	576
Depreciation and amortization expenses	142	46	65	43
Aro accretion expense	-	-	-	-
Production taxes, gathering and marketing expenses	140	141	120	197
Pipeline and rental expenses	13	13	6	4
Lease operating expenses	297	290	354	720
Total expenses	1,308	1,236	1,081	1,561
(loss) from operations	-268	-41	-193	-445
Interest income	212	208	251	243
Total other revenue and expense	212	208	251	243
Income (loss) before income tax	-56	167	58	-202
Deferred income tax provision (benefit)	13	4	-79	-2
Current income tax provision (benefit)	1	13	-9	-60
Total income tax provision (benefit)	14	17	-88	-62
Net income (loss)	-70	150	146	-140
Net income (loss)	-	-	-	-140

Earnings (loss) per share of common stock basic and diluted	-0.01	0.02	0.02	-0.02
Weighted average shares outstanding basic and diluted	6,693,271	6,739,943	6,739,943	6,739,943

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