$HUSA
HOUSTON AMERICAN ENERGY CORP Stock $husa

$husa Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000149315224032176 Filed on August 14, 2024

Income Statement

Concept	2024 Q3	2024 Q2	2023 Q2
Revenue	$130.2K	$115.8K	$204.4K
YoY Change	15.26%	-43.34%	-55.85%
Cost Of Revenue	$229.2K	$142.2K	$101.7K
YoY Change	77.79%	39.81%	-32.41%
Gross Profit	-$98.97K	-$26.39K	$102.7K
YoY Change	521.28%	-125.7%	-67.14%
Gross Profit Margin	-75.99%	-22.79%	50.24%
Selling, General & Admin	$299.3K	$355.8K	$716.6K
YoY Change	-17.55%	-50.36%	176.79%
% of Gross Profit			697.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$39.99K	$28.11K	$44.94K
YoY Change	68.4%	-37.46%	-12.74%
% of Gross Profit			43.77%
Operating Expenses	$568.5K	$526.1K	$863.3K
YoY Change	10.25%	-39.06%	87.31%
Operating Profit	-$438.3K	-$410.3K	-$658.9K
YoY Change	8.84%	-37.73%	-31371.0%
Interest Expense	$1.018M	$321.2K	$44.14K
YoY Change	62.55%	627.62%
% of Operating Profit
Other Income/Expense, Net	$293.5K	$321.2K	$358.5K
YoY Change	-53.12%	-10.41%	15776.84%
Pretax Income	-$144.8K	-$89.09K	-$300.4K
YoY Change	-164.81%	-70.34%	-6981.58%
Income Tax
% Of Pretax Income
Net Earnings	-$144.8K	-$89.09K	-$300.4K
YoY Change	-164.81%	-70.34%	-6981.58%
Net Earnings / Revenue	-111.16%	-76.93%	-146.96%
Basic Earnings Per Share	-$0.01	-$0.01	-$0.03
Diluted Earnings Per Share	-$0.01	-$0.01	-$0.03
COMMON SHARES
Basic Shares Outstanding	10.91M shares	10.91M shares	10.91M shares
Diluted Shares Outstanding	10.91M shares	10.91M shares	10.90M shares

Balance Sheet

Concept	2024 Q3	2024 Q2	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$2.847M	$3.381M	$5.533M
YoY Change	-36.1%	-38.9%	20.21%
Cash & Equivalents	$2.847M	$3.381M	$5.533M
Short-Term Investments
Other Short-Term Assets	$78.41K	$104.2K	$181.5K
YoY Change	-23.01%	-42.57%	81.75%
Inventory
Prepaid Expenses
Receivables	$139.9K	$32.11K	$278.5K
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$3.066M	$3.517M	$5.993M
YoY Change	-37.55%	-41.31%	20.59%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.457M	$1.497M	$4.513M
YoY Change	-67.55%	-66.82%	-4.22%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$5.578M	$5.272M	$2.584M
YoY Change	27.04%	104.0%	267.03%
Other Assets	$3.167K	$3.167K	$3.167K
YoY Change	0.0%	0.0%	0.0%
Total Long-Term Assets	$7.128M	$6.881M	$7.280M
YoY Change	-21.21%	-5.48%	28.58%
TOTAL ASSETS
Total Short-Term Assets	$3.066M	$3.517M	$5.993M
Total Long-Term Assets	$7.128M	$6.881M	$7.280M
Total Assets	$10.19M	$10.40M	$13.27M
YoY Change	-26.96%	-21.66%	24.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$192.3K	$252.0K	$79.68K
YoY Change	-61.84%	216.33%	102.41%
Accrued Expenses	$17.07K	$17.07K	$17.35K
YoY Change	-0.11%	-1.67%	2.43%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$292.9K	$349.8K	$167.2K
YoY Change	-50.67%	109.19%	42.43%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$71.62K	$93.48K	$170.6K
YoY Change	-53.16%	-45.19%	-32.34%
Total Long-Term Liabilities	$71.62K	$93.48K	$170.6K
YoY Change	-53.16%	-45.19%	-32.33%
TOTAL LIABILITIES
Total Short-Term Liabilities	$292.9K	$349.8K	$167.2K
Total Long-Term Liabilities	$71.62K	$93.48K	$170.6K
Total Liabilities	$364.5K	$443.3K	$337.8K
YoY Change	-51.18%	31.24%	-8.58%
SHAREHOLDERS EQUITY
Retained Earnings	-$77.20M	-$77.10M	-$74.00M
YoY Change	4.32%	4.19%	1.09%
Common Stock	$10.91K	$10.91K	$10.91K
YoY Change	0.0%	0.0%	9.86%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$9.829M	$9.955M	$12.93M
YoY Change
Total Liabilities & Shareholders Equity	$10.19M	$10.40M	$13.27M
YoY Change	-26.96%	-21.66%	24.85%

Cashflow Statement

Concept	2024 Q3	2024 Q2	2023 Q2
OPERATING ACTIVITIES
Net Income	-$144.8K	-$89.09K	-$300.4K
YoY Change	-164.81%	-70.34%	-6981.58%
Depreciation, Depletion And Amortization	$39.99K	$28.11K	$44.94K
YoY Change	68.4%	-37.46%	-12.74%
Cash From Operating Activities	-$227.3K	-$34.97K	-$236.7K
YoY Change	-153.0%	-85.23%	-450.94%
INVESTING ACTIVITIES
Capital Expenditures			$0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$306.1K	-$335.4K	-$226.7K
YoY Change	-79.67%	47.96%	-2.1%
Cash From Investing Activities	-$306.1K	-$335.4K	-$226.7K
YoY Change	-79.67%	47.96%	-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		0.000	750.5K
YoY Change		-100.0%
NET CHANGE
Cash From Operating Activities	-227.3K	-34.97K	-236.7K
Cash From Investing Activities	-306.1K	-335.4K	-226.7K
Cash From Financing Activities		0.000	750.5K
Net Change In Cash	-533.5K	-370.4K	287.1K
YoY Change	-50.45%	-229.01%	-274.95%
FREE CASH FLOW
Cash From Operating Activities	-$227.3K	-$34.97K	-$236.7K
Capital Expenditures			$0.00
Free Cash Flow			-$236.7K
YoY Change			-450.94%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	1-32955
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	76-0675953
	dei	Entity Address Address Line1 EntityAddressAddressLine1	801 Travis Street
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 1425
	dei	Entity Address City Or Town EntityAddressCityOrTown	Houston
	dei	Entity Address State Or Province EntityAddressStateOrProvince	TX
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	77002
	dei	City Area Code CityAreaCode	(713)
	dei	Local Phone Number LocalPhoneNumber	222-6966
	dei	Security12b Title Security12bTitle	Common Stock, $0.001 par value per share
	dei	Trading Symbol TradingSymbol	HUSA
	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2023Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	358499	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	10030879	usd
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2024-06-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
	dei	Entity Registrant Name EntityRegistrantName	HOUSTON AMERICAN ENERGY CORP.
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2024Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	10906353	shares
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-300381	usd
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.03
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.03
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	10906353	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	10906353	shares
CY2023Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	134167	usd
CY2023Q4	us-gaap	Liabilities Liabilities	383098	usd
CY2024Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2024Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	10659076	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	10659076	shares
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	10906353	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	10906353	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	10896996	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	10896996	shares
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	9995911	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	50667	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-15699	usd
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000	shares
CY2024Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	10906353	shares
CY2024Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	10906353	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	10906353	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	10906353	shares
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	10907	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	86984001	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-76998997	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	9995911	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	10379009	usd
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	204390	usd
CY2024Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	12746	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	-89085	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	9954539	usd
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
CY2023Q2	us-gaap	Operating Lease Expense OperatingLeaseExpense	101714	usd
CY2023Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	716615	usd
CY2023Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	44941	usd
CY2023Q2	us-gaap	Operating Expenses OperatingExpenses	863270	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-658880	usd
CY2023Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	44135	usd
CY2023Q2	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	314364	usd
	HUSA	Increase Decrease In Accrued Earnings Distributions From Equity Investment IncreaseDecreaseInAccruedEarningsDistributionsFromEquityInvestment		usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock		usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities		usd
	us-gaap	Settlement Of Asset Retirement Obligations Through Noncash Payments Amount SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount		usd
	HUSA	Changes In Accrued Equity Investment Contributions And Distributions ChangesInAccruedEquityInvestmentContributionsAndDistributions		usd
	HUSA	Change In Accrued Oil And Gas Development ChangeInAccruedOilAndGasDevelopment		usd
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised		shares
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
CY2024Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue		usd
CY2024Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1		usd
CY2024Q2	HUSA	Effect Of Common Stock Equivalents EffectOfCommonStockEquivalents		usd
CY2023Q2	HUSA	Effect Of Common Stock Equivalents EffectOfCommonStockEquivalents		usd
	HUSA	Effect Of Common Stock Equivalents EffectOfCommonStockEquivalents		usd
	HUSA	Effect Of Common Stock Equivalents EffectOfCommonStockEquivalents		usd
CY2024Q2	HUSA	Dilutive Effect Of Common Stock Equivalents Options And Warrants DilutiveEffectOfCommonStockEquivalentsOptionsAndWarrants		shares
CY2023Q2	HUSA	Dilutive Effect Of Common Stock Equivalents Options And Warrants DilutiveEffectOfCommonStockEquivalentsOptionsAndWarrants		shares
	HUSA	Dilutive Effect Of Common Stock Equivalents Options And Warrants DilutiveEffectOfCommonStockEquivalentsOptionsAndWarrants		shares
	HUSA	Dilutive Effect Of Common Stock Equivalents Options And Warrants DilutiveEffectOfCommonStockEquivalentsOptionsAndWarrants		shares
	dei	Document Type DocumentType	10-Q
	dei	Entity Listing Par Value Per Share EntityListingParValuePerShare	0.001
CY2023Q4	us-gaap	Cash Cash	4059182	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	71736	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	35244	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	4166162	usd
CY2023Q4	HUSA	Costs Subject To Amortization CostsSubjectToAmortization	62776561	usd
CY2023Q4	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	90004	usd
CY2023Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	62866565	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	61307264	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1559301	usd
CY2023Q4	us-gaap	Equity Method Investments EquityMethodInvestments	4505358	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	145021	usd
CY2023Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	3167	usd
CY2023Q4	us-gaap	Assets Assets	10379009	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	156572	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	17083	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	75276	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	248931	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	71083	usd
CY2023Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	63084	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-300381	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-300381	usd
	us-gaap	Net Income Loss NetIncomeLoss	-104785	usd
	us-gaap	Net Income Loss NetIncomeLoss	-196206	usd
CY2024Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-89085	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-300381	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-104785	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-196206	usd
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	10906353	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	10896996	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	10906353	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	10659076	shares
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	12406994	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	Net Income Loss NetIncomeLoss	-300381	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	12934983	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	12934983	usd
	us-gaap	Net Income Loss NetIncomeLoss	-104785	usd
	us-gaap	Net Income Loss NetIncomeLoss	-196206	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	63085	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	91896	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	1105	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	2678	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	63413	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	162315	usd
	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	36385	usd
	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	32836	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-39628	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	113971	usd
	HUSA	Increase Decrease In Accrued Earnings Distributions From Equity Investment IncreaseDecreaseInAccruedEarningsDistributionsFromEquityInvestment	-648475	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	68992	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-534155	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	94354	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-51101	usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-36390	usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-31594	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	87803	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-217467	usd
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	766216	usd
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	448909	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-766216	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-448909	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	-678413	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	985624	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	4059182	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	4547210	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	3380769	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	5532834	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
	HUSA	Change In Accrued Oil And Gas Development ChangeInAccruedOilAndGasDevelopment	1105	usd
CY2024Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-77100000	usd
	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_84F_eus-gaap--UseOfEstimates_z5En1cZHotza" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_861_z0ks6eBkSEYe">Accounting Principles and Use of Estimates</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 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 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 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 0"><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 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>
	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p id="xdx_84B_eus-gaap--ConcentrationRiskCreditRisk_zbrkM2XJy2p6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_866_zGDkb5uSegh">Concentration of Credit Risk</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 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 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_90E_eus-gaap--Deposits_iI_c20240630_zpZX0tPpSHNj" title="Cash deposits">3,130,769</span> in excess of the FDIC’s current insured limit on interest bearing accounts of $<span id="xdx_907_eus-gaap--CashFDICInsuredAmount_iI_c20240630_zb5zJ8T4Q8yl" title="Current insured limit on interest bearing accounts">250,000</span> as of June 30, 2024. The Company also had cash deposits of $<span id="xdx_908_eus-gaap--Deposits_iI_c20240630__srt--ProductOrServiceAxis__custom--ColombianBankMember_ztHUqyIO0oWa" title="Cash deposits">284</span> in Colombian banks at June 30, 2024 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 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2024Q2	us-gaap	Deposits Deposits	3130769	usd
CY2024Q2	us-gaap	Cash Fdic Insured Amount CashFDICInsuredAmount	250000	usd
CY2024Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	115805	usd
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	204390	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	263490	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	434414	usd
CY2024Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	0	usd
CY2023Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	0	usd
CY2024Q2	us-gaap	Depletion Depletion	28107	usd
	us-gaap	Depletion Depletion	63085	usd
CY2023Q2	us-gaap	Depletion Depletion	44941	usd
	us-gaap	Depletion Depletion	79640	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	263490	usd
CY2024Q2	us-gaap	Noncurrent Assets NoncurrentAssets	1497321	usd
	us-gaap	Costs Incurred Acquisition Of Oil And Gas Properties CostsIncurredAcquisitionOfOilAndGasProperties	766216	usd
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	10906353	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	10896996	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	10906353	shares
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	654142	usd
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	1000807	shares
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	2.46
	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	1.21
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod	152668	shares
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice	3.98
CY2024Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	908139	shares
CY2024Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	2.17
CY2024Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	862813	shares
CY2024Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	2.17
CY2024Q2	us-gaap	Share Based Compensation ShareBasedCompensation	12746	usd
CY2023Q2	us-gaap	Share Based Compensation ShareBasedCompensation	77870	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	63413	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	162315	usd
CY2024Q2	HUSA	Earnings Per Share Effect Of Share Based Compensation Expense Basic EarningsPerShareEffectOfShareBasedCompensationExpenseBasic	-0.00
CY2024Q2	HUSA	Earnings Per Share Effect Of Share Based Compensation Expense Diluted EarningsPerShareEffectOfShareBasedCompensationExpenseDiluted	-0.00
CY2023Q2	HUSA	Earnings Per Share Effect Of Share Based Compensation Expense Basic EarningsPerShareEffectOfShareBasedCompensationExpenseBasic	-0.01
CY2023Q2	HUSA	Earnings Per Share Effect Of Share Based Compensation Expense Diluted EarningsPerShareEffectOfShareBasedCompensationExpenseDiluted	-0.01
	HUSA	Earnings Per Share Effect Of Share Based Compensation Expense Basic EarningsPerShareEffectOfShareBasedCompensationExpenseBasic	-0.00
	HUSA	Earnings Per Share Effect Of Share Based Compensation Expense Diluted EarningsPerShareEffectOfShareBasedCompensationExpenseDiluted	-0.00
	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
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	-89085	usd
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	10659076	shares
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.03
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.03
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1002539	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1098577	shares
CY2024Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1002539	shares
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1098577	shares
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	44526	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	75051	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	119577	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	9608	usd
CY2024Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	109969	usd
CY2024Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	80683	usd
CY2024Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	29286	usd
CY2024Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	108582	usd
CY2024Q2	us-gaap	Payments For Rent PaymentsForRent	22161	usd
CY2023Q2	us-gaap	Payments For Rent PaymentsForRent	22570	usd
	us-gaap	Payments For Rent PaymentsForRent	44322	usd
	us-gaap	Payments For Rent PaymentsForRent	45731	usd

Files In Submission

Name	View Source	Status
0001493152-24-032176-index-headers.html	Edgar Link	pending
0001493152-24-032176-index.html	Edgar Link	pending
0001493152-24-032176.txt	Edgar Link	pending
0001493152-24-032176-xbrl.zip	Edgar Link	pending
ex31-1.htm	Edgar Link	pending
ex32-1.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
form10-q.htm	Edgar Link	pending
husa-20240630.xsd	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
husa-20240630_cal.xml	Edgar Link	unprocessable
husa-20240630_def.xml	Edgar Link	unprocessable
husa-20240630_lab.xml	Edgar Link	unprocessable
husa-20240630_pre.xml	Edgar Link	unprocessable
form10-q_htm.xml	Edgar Link	completed
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$HUSA
HOUSTON AMERICAN ENERGY CORP Stock $husa

2024 Q3 Form 10-Q Financial Statement

#000149315224032176 Filed on August 14, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$HUSA HOUSTON AMERICAN ENERGY CORP Stock $husa

2024 Q3 Form 10-Q Financial Statement

#000149315224032176 Filed on August 14, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$HUSA
HOUSTON AMERICAN ENERGY CORP Stock $husa