USEG: the balance sheet

MyFinsight

For the year ending 2025-12-31, USEG has $40,630K in assets. $16,435K in debts. $429K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and equivalents	429
Oil and natural gas sales receivables	454
Marketable equity securities	146
Other current assets	956
Total current assets	1,985
Evaluated properties	132,459
Less accumulated depreciation, depletion and amortization	117,237
Net oil and natural gas properties	15,222
Unproved industrial gas properties, not subject to amortization	22,479
Property and equipment, net	318
Right of use asset	356
Other assets	270
Total other assets	944
Total assets	40,630

Accounts payable and accrued liabilities	1,538
Accrued compensation and benefits	54
Revenue and royalties payable	3,921
Asset retirement obligations	300
Current lease obligation	210
Total current liabilities	6,023
Credit facility	2,500
Asset retirement obligations	7,706
Long-term lease obligation	206
Total noncurrent liabilities	10,412
Total liabilities	16,435
Common stock, 0.01 par value 245,000,000 authorized 34,405,143 and 27,903,197 shares issued and outstanding as of december 31, 2025 and 2024, respectively	345
Additional paid-in capital	235,762
Accumulated deficit	-211,912
Total shareholders equity	24,195
Total liabilities and shareholders equity	40,630

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