ABRAXAS PETROLEUM CORP Income Statement

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Financial Statements

In millions of USD; shares in millions, 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:
Revenues
Oil Revenues
Gas Revenues
Natural Gas Liquids Revenues
Other
Total Revenue
Operating costs and expenses
Lease operating
Production and ad valorem taxes
Rig expense
Depreciation, depletion, amortization and accretion
Proved property impairment
General and administrative (including stock-based compensation of $946 and $3,296, respectively)
Total operating costs and expenses
Operating income
Other (income) expense:
Interest income
Interest expense
Amortization of deferred financing fees
Loss (gain) on derivative contracts
Deferred finance fees and warrant cancelation
Gain (loss) on debt extinguishment
Paycheck Protection Program, CARES Act
Second Lien Credit Facility
Total gain (loss) on debt extinguishment
Loss on investments
Loss on derivative contracts
Loss on drilling rig
Loss on sale of non-oil and gas assets
Gain on sale of oil and gas assets
Other
Total other (income) expense
(Loss) income before income tax
Income tax (expense) benefit
Net (loss) income
Net (loss) income per common share - basic (in dollars per share)
Net (loss) income per common share - diluted (in dollars per share)

Weighted average shares outstanding
Basic (in shares)
Diluted (in shares)

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