2023 Q3 Form 10-Q Financial Statement
#000149315223028404 Filed on August 14, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
Revenue | $113.0K | $204.4K |
YoY Change | -73.55% | -55.85% |
Cost Of Revenue | $128.9K | $101.7K |
YoY Change | -30.12% | -32.41% |
Gross Profit | -$15.93K | $102.7K |
YoY Change | -106.56% | -67.14% |
Gross Profit Margin | -14.1% | 50.24% |
Selling, General & Admin | $363.0K | $716.6K |
YoY Change | -38.9% | 176.79% |
% of Gross Profit | 697.92% | |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $23.75K | $44.94K |
YoY Change | -53.21% | -12.74% |
% of Gross Profit | 43.77% | |
Operating Expenses | $515.7K | $863.3K |
YoY Change | -37.82% | 87.31% |
Operating Profit | -$402.7K | -$658.9K |
YoY Change | 0.15% | -31371.0% |
Interest Expense | $626.1K | $44.14K |
YoY Change | ||
% of Operating Profit | ||
Other Income/Expense, Net | $626.1K | $358.5K |
YoY Change | 5703.23% | 15776.84% |
Pretax Income | $223.4K | -$300.4K |
YoY Change | -157.09% | -6981.58% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | $223.4K | -$300.4K |
YoY Change | -157.09% | -6981.58% |
Net Earnings / Revenue | 197.68% | -146.96% |
Basic Earnings Per Share | $0.02 | -$0.03 |
Diluted Earnings Per Share | $0.02 | -$0.03 |
COMMON SHARES | ||
Basic Shares Outstanding | 10.91M shares | 10.91M shares |
Diluted Shares Outstanding | 10.95M shares | 10.90M shares |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $4.456M | $5.533M |
YoY Change | 14.37% | 20.21% |
Cash & Equivalents | $4.456M | $5.533M |
Short-Term Investments | ||
Other Short-Term Assets | $101.9K | $181.5K |
YoY Change | -5.17% | 81.75% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $350.8K | $278.5K |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $4.909M | $5.993M |
YoY Change | 16.26% | 20.59% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $4.491M | $4.513M |
YoY Change | -3.66% | -4.22% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $4.390M | $2.584M |
YoY Change | 254.95% | 267.03% |
Other Assets | $3.167K | $3.167K |
YoY Change | 0.0% | 0.0% |
Total Long-Term Assets | $9.047M | $7.280M |
YoY Change | 47.61% | 28.58% |
TOTAL ASSETS | ||
Total Short-Term Assets | $4.909M | $5.993M |
Total Long-Term Assets | $9.047M | $7.280M |
Total Assets | $13.96M | $13.27M |
YoY Change | 34.82% | 24.85% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $504.0K | $79.68K |
YoY Change | 613.24% | 102.41% |
Accrued Expenses | $17.08K | $17.35K |
YoY Change | 6.4% | 2.43% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $593.8K | $167.2K |
YoY Change | 296.2% | 42.43% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $152.9K | $170.6K |
YoY Change | -35.09% | -32.34% |
Total Long-Term Liabilities | $152.9K | $170.6K |
YoY Change | -35.08% | -32.33% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $593.8K | $167.2K |
Total Long-Term Liabilities | $152.9K | $170.6K |
Total Liabilities | $746.7K | $337.8K |
YoY Change | 93.74% | -8.58% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$74.00M | -$74.00M |
YoY Change | 0.55% | 1.09% |
Common Stock | $10.91K | $10.91K |
YoY Change | 9.86% | 9.86% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $13.21M | $12.93M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $13.96M | $13.27M |
YoY Change | 34.82% | 24.85% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $223.4K | -$300.4K |
YoY Change | -157.09% | -6981.58% |
Depreciation, Depletion And Amortization | $23.75K | $44.94K |
YoY Change | -53.21% | -12.74% |
Cash From Operating Activities | $428.9K | -$236.7K |
YoY Change | -347.16% | -450.94% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $0.00 | $0.00 |
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$1.506M | -$226.7K |
YoY Change | 182.54% | -2.1% |
Cash From Investing Activities | -$1.506M | -$226.7K |
YoY Change | 182.54% | -2.1% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 2.000K | 750.5K |
YoY Change | ||
NET CHANGE | ||
Cash From Operating Activities | 428.9K | -236.7K |
Cash From Investing Activities | -1.506M | -226.7K |
Cash From Financing Activities | 2.000K | 750.5K |
Net Change In Cash | -1.077M | 287.1K |
YoY Change | 52.41% | -274.95% |
FREE CASH FLOW | ||
Cash From Operating Activities | $428.9K | -$236.7K |
Capital Expenditures | $0.00 | $0.00 |
Free Cash Flow | $428.9K | -$236.7K |
YoY Change | -347.16% | -450.94% |
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74635 | usd | |
us-gaap |
Interest Income Other
InterestIncomeOther
|
2489 | usd | |
CY2023Q2 | us-gaap |
Interest Income Other
InterestIncomeOther
|
44135 | usd |
CY2022Q2 | us-gaap |
Interest Income Other
InterestIncomeOther
|
2258 | usd |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
648475 | usd | |
CY2023Q2 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
314364 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
723110 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
2489 | usd | |
CY2023Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
358499 | usd |
CY2022Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
2258 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-196206 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-161195 | usd | |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-300381 | usd |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
4365 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-196206 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-161195 | usd | |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-300381 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4365 | usd |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.02 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.02 | ||
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.03 | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10659076 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9923338 | shares | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10896996 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9923338 | shares |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11316874 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
84445 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
901500 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
104175 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
12406994 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
77870 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
750500 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-300381 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
12934983 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10311943 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
85485 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-165560 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10231868 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10231868 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
25520 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4365 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4365 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10261753 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10261753 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-196206 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-161195 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
91896 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
109740 | usd | |
us-gaap |
Accretion Expense
AccretionExpense
|
2678 | usd | |
us-gaap |
Accretion Expense
AccretionExpense
|
3697 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
162315 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
111005 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
32836 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
30169 | usd | |
us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
648475 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
113971 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
52164 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-534155 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
14467 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-51101 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-24552 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-31594 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-31594 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-217467 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-29361 | usd | |
us-gaap |
Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
|
14162 | usd | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
448909 | usd | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
248282 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-448909 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-262444 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1652000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1652000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
985624 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-291805 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
4547210 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
4894577 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
5532834 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
4602772 | usd |
us-gaap |
Settlement Of Asset Retirement Obligations Through Noncash Payments Amount
SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount
|
1259 | usd | |
HUSA |
Changes In Accrued Equity Investment Contributions And Distributions
ChangesInAccruedEquityInvestmentContributionsAndDistributions
|
33038 | usd | |
CY2023Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-74000000 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_844_eus-gaap--UseOfEstimates_zkZ2TA55ZTf" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_868_zAXgZ5B8nNc3">Accounting Principles and Use of Estimates</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America. In preparing financial statements, management makes informed judgments and estimates that affect the reported amounts of assets and liabilities as of the date of the financial statements and affect the reported amounts of revenues and expenses during the reporting period. On an ongoing basis, management reviews its estimates, including those related to such potential matters as litigation, environmental liabilities, income taxes and the related valuation allowance, determination of proved reserves of oil and gas and asset retirement obligations. Changes in facts and circumstances may result in revised estimates and actual results may differ from these estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> | ||
CY2022Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
0 | usd |
CY2023Q2 | us-gaap |
Depletion
Depletion
|
44941 | usd |
us-gaap |
Depletion
Depletion
|
79640 | usd | |
CY2022Q2 | us-gaap |
Depletion
Depletion
|
91896 | usd |
us-gaap |
Depletion
Depletion
|
109740 | usd | |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_84B_eus-gaap--ConcentrationRiskCreditRisk_zVa4Th9p3VQf" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_864_zmKBpPvst1ok">Concentration of Credit Risk</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial instruments that potentially subject the Company to a concentration of credit risk include cash, cash equivalents (if any) and any marketable securities (if any). The Company had cash deposits of $<span id="xdx_900_eus-gaap--Deposits_iI_pn5n6_c20230630_zZony8mFPnl5" title="Cash deposits">5.1</span> million in excess of the FDIC’s current insured limit on interest bearing accounts of $<span id="xdx_904_eus-gaap--CashFDICInsuredAmount_iI_pp0p0_c20230630_zaQOCJnR7tK5" title="Cash FDIC insured amount">250,000</span> as of June 30, 2023. The Company also had cash deposits of $<span id="xdx_903_eus-gaap--Deposits_iI_pp0p0_c20230630__us-gaap--CreditFacilityAxis__custom--ColombianBankMember_zWbgUTqCWz03" title="Cash deposits">5,500</span> in Colombian banks at June 30, 2023 that are not insured by the FDIC. The Company has not experienced any losses on its deposits of cash and cash equivalents.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
CY2023Q2 | us-gaap |
Deposits
Deposits
|
5100000 | usd |
CY2023Q2 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
204390 | usd |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
462989 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
434414 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
886809 | usd | |
CY2023Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
0 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
434414 | usd | |
CY2023Q2 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
4513247 | usd |
us-gaap |
Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
|
481947 | usd | |
us-gaap |
Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
|
648475 | usd | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
944177 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.08 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
60000 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
2.09 | ||
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1004177 | shares |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.45 | |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
286160 | usd |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
958851 | shares |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
2.46 | |
CY2023Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
284240 | usd |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
162315 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
111005 | usd | |
HUSA |
Earnings Per Share Effect Of Share Based Compensation Expense Basic
EarningsPerShareEffectOfShareBasedCompensationExpenseBasic
|
-0.02 | ||
HUSA |
Earnings Per Share Effect Of Share Based Compensation Expense Diluted
EarningsPerShareEffectOfShareBasedCompensationExpenseDiluted
|
-0.02 | ||
HUSA |
Earnings Per Share Effect Of Share Based Compensation Expense Basic
EarningsPerShareEffectOfShareBasedCompensationExpenseBasic
|
-0.01 | ||
HUSA |
Earnings Per Share Effect Of Share Based Compensation Expense Diluted
EarningsPerShareEffectOfShareBasedCompensationExpenseDiluted
|
-0.01 | ||
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
94400 | shares |
CY2022Q4 | HUSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Outstanding Exercise Price Rage Number Of Share
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionOutstandingExercisePriceRageNumberOfShare
|
2.46 | |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
94400 | shares |
CY2023Q2 | HUSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Outstanding Exercise Price Rage Number Of Share
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionOutstandingExercisePriceRageNumberOfShare
|
2.46 | |
CY2023Q2 | HUSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisableNumber
|
94400 | shares |
CY2023Q2 | HUSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Outstanding Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionOutstandingExercisableWeightedAverageExercisePrice
|
2.46 | shares |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-300381 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4365 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-196206 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-161195 | usd | |
CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-300381 | usd |
CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
4365 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-196206 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-161195 | usd | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10896996 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9923338 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10659076 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9923338 | shares | |
CY2022Q2 | HUSA |
Dilutive Effect Of Common Stock Equivalents Options And Warrants
DilutiveEffectOfCommonStockEquivalentsOptionsAndWarrants
|
455953 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
10896996 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
10379291 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
10659076 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
9923338 | shares | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.03 | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.02 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.02 | ||
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.03 | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.02 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.02 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1098577 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
168400 | shares | |
CY2023Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1098577 | shares |
CY2022Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1084577 | shares |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
43770 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
88801 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
75051 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
207622 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
27472 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
180150 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
70183 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
109967 | usd |
CY2023Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
179366 | usd |
CY2023Q2 | us-gaap |
Payments For Rent
PaymentsForRent
|
22570 | usd |
CY2022Q2 | us-gaap |
Payments For Rent
PaymentsForRent
|
22161 | usd |
us-gaap |
Payments For Rent
PaymentsForRent
|
45731 | usd | |
us-gaap |
Payments For Rent
PaymentsForRent
|
46836 | usd |