AMERICAN NOBLE GAS, INC. Income Statement

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Financial Statements

In USD, except per-share amounts

	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021	FY2020 12 months to Dec 31, 2020	FY2019 12 months to Dec 31, 2019	FY2018 12 months to Dec 31, 2018
Revenues
Operating expenses:
Oil and gas lease operating expense
Depreciation, depletion and amortization
Depreciation, depletion and impairment
Accretion expense during the period
Oil and gas production related taxes
Other general and administrative expenses
Total operating expenses
Operating loss
Other income (expense):
Equity in earnings of unconsolidated subsidiary – GMDOC, LLC
Interest expense
Gain on exchange and extinguishment of liabilities
Change in fair value of secured convertible note payable
Change in warrant derivative fair value
Change in fair value of senior convertible note payable
Total other income (expense)

Loss before income taxes
Income tax (expense) benefit
Net loss
Net loss per share - basic and diluted
Convertible preferred stock dividends
Net loss attributable to common stockholders
Basic and diluted net loss per share:
Basic
Diluted
Weighted average shares outstanding - basic and diluted
Weighted average shares outstanding – basic and diluted
Weighted average shares outstanding - diluted

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