2022 Q3 Form 10-Q Financial Statement

#000165495422011387 Filed on August 15, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $7.472M $9.547M $7.090M
YoY Change 83.63% 155.27% 100.79%
Cost Of Revenue $2.918M $2.802M $2.356M
YoY Change 105.06% 92.58% 83.2%
Gross Profit $4.554M $6.745M $4.734M
YoY Change 72.11% 195.19% 110.87%
Gross Profit Margin 60.95% 70.65% 66.77%
Selling, General & Admin $1.220M $1.296M $1.592M
YoY Change -8.75% -2.56% -9.9%
% of Gross Profit 26.79% 19.21% 33.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.313M $2.228M $1.886M
YoY Change 38.84% 39.08% 20.82%
% of Gross Profit 50.79% 33.03% 39.84%
Operating Expenses $6.451M $6.326M $5.834M
YoY Change 45.75% 44.2% 26.44%
Operating Profit $1.021M $3.221M $1.256M
YoY Change -385.99% -597.84% 73.96%
Interest Expense $0.00 $0.00 $0.00
YoY Change -100.0%
% of Operating Profit 0.0% 0.0% 0.0%
Other Income/Expense, Net $58.00K -$11.00K $83.00K
YoY Change 81.25% -102.61% 1283.33%
Pretax Income $1.079M $3.210M $1.339M
YoY Change -432.0% -1526.67% 83.93%
Income Tax
% Of Pretax Income
Net Earnings $1.079M $3.210M $1.339M
YoY Change -432.0% -1526.67% 83.93%
Net Earnings / Revenue 14.44% 33.62% 18.89%
Basic Earnings Per Share $0.01 $0.04 $0.02
Diluted Earnings Per Share $0.01 $0.04 $0.02
COMMON SHARES
Basic Shares Outstanding 85.55M shares 85.48M shares 728.0 shares
Diluted Shares Outstanding 85.64M shares 85.48M shares 86.07M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $27.36M $23.06M $21.84M
YoY Change 37.31% 19.29% 17.83%
Cash & Equivalents $27.36M $23.06M $25.13M
Short-Term Investments
Other Short-Term Assets $316.0K $37.00K $217.0K
YoY Change -12.47% 37.04% 223.88%
Inventory
Prepaid Expenses
Receivables $2.681M $4.784M $3.970M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $30.36M $27.89M $26.02M
YoY Change 39.21% 33.43% 30.07%
LONG-TERM ASSETS
Property, Plant & Equipment $70.39M $71.24M $71.83M
YoY Change 8.31% 8.97% 7.94%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.722M $3.525M $3.533M
YoY Change 4.76% -1.07% -0.08%
Total Long-Term Assets $74.11M $74.77M $75.37M
YoY Change 8.12% 8.45% 7.54%
TOTAL ASSETS
Total Short-Term Assets $30.36M $27.89M $26.02M
Total Long-Term Assets $74.11M $74.77M $75.37M
Total Assets $104.5M $102.7M $101.4M
YoY Change 15.63% 14.26% 12.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $719.0K $982.0K $3.953M
YoY Change -4.39% 50.61% 483.04%
Accrued Expenses $1.820M $1.527M $1.327M
YoY Change 276.81% 280.8% 132.4%
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 $3.656M $3.671M $6.288M
YoY Change 47.48% 62.79% 131.01%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $2.080M $1.798M $1.716M
YoY Change 6.45% -7.03% -13.98%
Total Long-Term Liabilities $2.080M $1.798M $1.716M
YoY Change 6.45% -7.03% -14.88%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.656M $3.671M $6.288M
Total Long-Term Liabilities $2.080M $1.798M $1.716M
Total Liabilities $5.736M $5.469M $8.004M
YoY Change 29.39% 30.56% 68.93%
SHAREHOLDERS EQUITY
Retained Earnings -$124.0M -$125.0M
YoY Change -3.24% -2.15%
Common Stock $86.00K $85.00K
YoY Change 7.5% 7.59%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $98.73M $97.18M $93.39M
YoY Change
Total Liabilities & Shareholders Equity $104.5M $102.7M $101.4M
YoY Change 15.63% 14.26% 12.54%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $1.079M $3.210M $1.339M
YoY Change -432.0% -1526.67% 83.93%
Depreciation, Depletion And Amortization $2.313M $2.228M $1.886M
YoY Change 38.84% 39.08% 20.82%
Cash From Operating Activities $5.863M $5.716M $1.415M
YoY Change 291.39% 266.41% 54.98%
INVESTING ACTIVITIES
Capital Expenditures -$1.366M -$4.539M -$5.508M
YoY Change 50.61% 556.87% 846.39%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$1.366M -$4.539M -$5.508M
YoY Change 50.61% 556.87% -527.31%
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 50.00K 0.000
YoY Change -175.76% -100.0%
NET CHANGE
Cash From Operating Activities 5.863M 5.716M $1.415M
Cash From Investing Activities -1.366M -4.539M -$5.508M
Cash From Financing Activities 0.000 50.00K 0.000
Net Change In Cash 4.497M 1.227M -$4.093M
YoY Change 660.91% 52.8% -138.96%
FREE CASH FLOW
Cash From Operating Activities $5.863M $5.716M $1.415M
Capital Expenditures -$1.366M -$4.539M -$5.508M
Free Cash Flow $7.229M $10.26M $6.923M
YoY Change 200.58% 355.58% 363.08%

Facts In Submission

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CY2021Q4 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
151338000 usd
CY2022Q2 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
162284000 usd
CY2021Q4 ped Oil And Gas Property Successful Effort Method Not Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodNotAccumulatedDepreciationDepletionAndAmortization
2559000 usd
CY2022Q2 ped Oil And Gas Property Successful Effort Method Not Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodNotAccumulatedDepreciationDepletionAndAmortization
56000 usd
CY2021Q4 ped Asset Retirement Costs
AssetRetirementCosts
789000 usd
CY2022Q2 ped Asset Retirement Costs
AssetRetirementCosts
869000 usd
CY2021Q4 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion Amortization And Impairment
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAmortizationAndImpairment
88219000 usd
CY2022Q2 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion Amortization And Impairment
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAmortizationAndImpairment
92091000 usd
CY2021Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
66467000 usd
CY2022Q2 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
71118000 usd
ped Capital Costs Incurred Recently Completed Wells
CapitalCostsIncurredRecentlyCompletedWells
8443000 usd
ped Cash Consideration During The Period
CashConsiderationDuringThePeriod
500000 usd
us-gaap Recapitalization Costs
RecapitalizationCosts
1200000 usd
ped Total Acquisition And Due Diligence Costs
TotalAcquisitionAndDueDiligenceCosts
330000 usd
CY2022Q2 us-gaap Depletion
Depletion
2127000 usd
ped Liabilities Settled
LiabilitiesSettled
-42000 usd
ped Changes In Estimates
ChangesInEstimates
80000 usd
CY2022Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1787000 usd
CY2021Q4 ped Cureent Asset Retirement
CureentAssetRetirement
49000 usd
CY2022Q2 ped Cureent Asset Retirement
CureentAssetRetirement
10000 usd
us-gaap Other Expenses
OtherExpenses
10000 usd
CY2021Q2 us-gaap Depletion
Depletion
1511000 usd
us-gaap Depletion
Depletion
3872000 usd
us-gaap Depletion
Depletion
2944000 usd
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1525000 usd
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
224000 usd
ped Supplemental Information Related To Operating Leasetabletextblock
SupplementalInformationRelatedToOperatingLeasetabletextblock
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Six Months Ended </strong></p></td><td style="white-space: nowrap;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"> </p></td></tr><tr style="height:15px"><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"> </p></td><td style="BORDER-BOTTOM: #000000 1px solid;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"> </p></td><td colspan="2" style="BORDER-BOTTOM: #000000 1px solid;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>June 30, 2022</strong></p></td><td style="BORDER-BOTTOM: #000000 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Cash paid for amounts included in the measurement of lease liabilities</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">60</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table>
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
60000 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
123000 usd
CY2022Q2 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
118000 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
21000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
139000 usd
ped Weighted Average Remaining Lease Term
WeightedAverageRemainingLeaseTerm
P1Y2M12D
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0535 pure
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
61000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
82000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
143000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
454000 usd
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Discount For Postvesting Restrictions
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsDiscountForPostvestingRestrictions
0.0156 pure
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
139000 usd
us-gaap Other Commitments Description
OtherCommitmentsDescription
In the Permian Basin Asset, 76 acres are due to expire during the remainder of 2022 and 106 net acres expire thereafter (net to our direct ownership interest only).
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
1200000 shares
CY2022Q2 ped Shares Of Common Stock
SharesOfCommonStock
87121 shares
CY2022Q2 ped Sales Price Of Share
SalesPriceOfShare
1.66
CY2022Q2 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
141000 usd
CY2022Q2 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
4400 usd
CY2022Q2 us-gaap Legal Fees
LegalFees
91000 usd
CY2021Q4 ped Sales Agent Commission
SalesAgentCommission
0.030 pure
CY2021Q4 ped Reimbursement Of Gross Proceeds
ReimbursementOfGrossProceeds
40000 usd
CY2021Q4 ped Reimbursement Of Certain Specified Expenses
ReimbursementOfCertainSpecifiedExpenses
25000 usd
CY2021Q4 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
3500000 usd
CY2022Q1 us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
520000 shares
CY2022Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.17
CY2022Q1 us-gaap Contract Termination Claims Description
ContractTerminationClaimsDescription
The options have a term of five years and fully vest on January 2025, with 33.3% vesting each subsequent year from the date of grant, contingent upon the recipient’s continued service with the Company
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P3Y6M
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
1.20 pure
CY2022Q2 ped Company Recognized Stock Option Expense Debtissuance
CompanyRecognizedStockOptionExpenseDebtissuance
251000 usd
CY2022Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
489000 usd
CY2022Q2 ped Intrinsic Value Of Outstanding And Exercisable Options
IntrinsicValueOfOutstandingAndExercisableOptions
0 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1123435 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.80
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P3Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
520000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
1.17
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
45768 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
5.44
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1597667 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.49
ped Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2a
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2a
P3Y3M18D
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
624000 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
1.77
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P2Y2M12D
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
3210000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-225000 usd
us-gaap Net Income Loss
NetIncomeLoss
503000 usd
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
79461603 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85305583 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
78157942 shares
CY2022Q2 us-gaap Dilutive Securities
DilutiveSecurities
0 usd
CY2021Q2 us-gaap Dilutive Securities
DilutiveSecurities
0 usd
us-gaap Dilutive Securities
DilutiveSecurities
0 usd
us-gaap Dilutive Securities
DilutiveSecurities
75830000 usd
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
85479421 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
79461603 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
85305583 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
78233772 shares
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.00
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.05
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2022Q2 ped Share Equivalents Related To Options To Purchase Of Commmon Stock
ShareEquivalentsRelatedToOptionsToPurchaseOfCommmonStock
1597667 shares
ped Share Equivalents Related To Options To Purchase Of Commmon Stock
ShareEquivalentsRelatedToOptionsToPurchaseOfCommmonStock
1278436 shares
CY2021Q2 ped Share Equivalents Related To Options To Purchase Of Commmon Stock
ShareEquivalentsRelatedToOptionsToPurchaseOfCommmonStock
1597667 shares
ped Share Equivalents Related To Options To Purchase Of Commmon Stock
ShareEquivalentsRelatedToOptionsToPurchaseOfCommmonStock
1126769 shares
CY2021Q4 us-gaap Assets Current
AssetsCurrent
28038000 usd
CY2022Q2 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
71049000 usd
CY2022Q2 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
69000 usd
CY2021Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
2559000 usd
CY2022Q2 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
71118000 usd
CY2021Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
66467000 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
123000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
173000 usd
CY2022Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3525000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
25930000 usd
CY2022Q2 us-gaap Accounts Receivable Net
AccountsReceivableNet
4784000 usd
CY2021Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
1782000 usd
CY2022Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
37000 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
326000 usd
CY2022Q2 us-gaap Assets
Assets
102651000 usd
CY2021Q4 us-gaap Assets
Assets
98221000 usd
CY2022Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
982000 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
2626000 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1527000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1454000 usd
CY2022Q2 ped Revenue Payable
RevenuePayable
1034000 usd
CY2021Q4 ped Revenue Payable
RevenuePayable
938000 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
118000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
114000 usd
CY2022Q2 us-gaap Liabilities Current
LiabilitiesCurrent
3671000 usd
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
5181000 usd
CY2022Q2 us-gaap Liabilities
Liabilities
5469000 usd
CY2022Q2 us-gaap Common Stock Value
CommonStockValue
85000 usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
84000 usd
CY2022Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
222133000 usd
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
220984000 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-125036000 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-129585000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
97182000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
91483000 usd
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
102651000 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
98221000 usd
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
78233772 shares

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