2024 Q1 Form 10-K Financial Statement

#000118518524000374 Filed on April 12, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $659.9K $2.161M
YoY Change 15.41% -18.24%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $507.3K $2.075M
YoY Change -6.97% 0.39%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $87.03K $346.9K
YoY Change 46.43% -39.77%
% of Gross Profit
Operating Expenses $507.3K $2.075M
YoY Change -6.97% 0.39%
Operating Profit -$733.9K -$1.943M
YoY Change -177.42% 166.4%
Interest Expense $36.24K $1.970K
YoY Change 6501.46% -19.66%
% of Operating Profit
Other Income/Expense, Net -$36.24K
YoY Change -166.59%
Pretax Income -$770.1K -$1.832M
YoY Change -176.83% 1158.42%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$770.1K -$1.832M
YoY Change -176.83% 1158.42%
Net Earnings / Revenue -116.7% -84.8%
Basic Earnings Per Share -$0.01 -$0.04
Diluted Earnings Per Share -$0.01 -$0.04
COMMON SHARES
Basic Shares Outstanding 71.86M shares 67.68M shares 65.76M shares
Diluted Shares Outstanding 71.35M shares 65.76M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.899M $2.203M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses $604.5K $0.00
Receivables $547.0K $878.4K
Other Receivables $1.022M $1.036M
Total Short-Term Assets $9.151M $9.670M
YoY Change 5.41% 9.7%
LONG-TERM ASSETS
Property, Plant & Equipment $5.287M $2.402M
YoY Change 144.1% 17.72%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $589.9K $589.9K
YoY Change 0.0% 0.0%
Total Long-Term Assets $6.109M $3.246M
YoY Change 98.95% 9.45%
TOTAL ASSETS
Total Short-Term Assets $9.151M $9.670M
Total Long-Term Assets $6.109M $3.246M
Total Assets $15.26M $12.92M
YoY Change 29.85% 9.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.482M
YoY Change -0.85%
Accrued Expenses $215.2K $215.7K
YoY Change 4.7% 3.55%
Deferred Revenue $10.91M $9.762M
YoY Change 59.51% 20.07%
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $18.56M $16.85M
YoY Change 30.42% 10.44%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities $1.616M $1.616M
YoY Change 0.0% 0.0%
Total Long-Term Liabilities $1.616M $1.616M
YoY Change 0.0% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $18.56M $16.85M
Total Long-Term Liabilities $1.616M $1.616M
Total Liabilities $27.18M $24.10M
YoY Change 34.07% 13.12%
SHAREHOLDERS EQUITY
Retained Earnings -$91.31M -$90.32M
YoY Change 5.13% 3.05%
Common Stock $71.86K $70.56K
YoY Change 16.14% 14.04%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$36.58M -$35.63M
YoY Change
Total Liabilities & Shareholders Equity $15.26M $12.92M
YoY Change 29.85% 9.64%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$770.1K -$1.832M
YoY Change -176.83% 1158.42%
Depreciation, Depletion And Amortization $87.03K $346.9K
YoY Change 46.43% -39.77%
Cash From Operating Activities -$579.3K -$769.9K
YoY Change -35.28% -72.6%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$1.150M -$7.860M
YoY Change -9.63% 7.19%
Cash From Investing Activities -$2.038M $2.409M
YoY Change -411.56% -7.65%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $3.113K
YoY Change 6.39%
Cash From Financing Activities $1.397M -$11.99K
YoY Change -47840.5% -90.16%
NET CHANGE
Cash From Operating Activities -$579.3K -$769.9K
Cash From Investing Activities -$2.038M $2.409M
Cash From Financing Activities $1.397M -$11.99K
Net Change In Cash -$1.221M $1.627M
YoY Change 400.96% -604.35%
FREE CASH FLOW
Cash From Operating Activities -$579.3K -$769.9K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023 dei Document Type
DocumentType
10-K
CY2023 dei Document Annual Report
DocumentAnnualReport
true
CY2023 dei Document Period End Date
DocumentPeriodEndDate
2023-12-31
CY2023 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023 dei Entity File Number
EntityFileNumber
000-055912
CY2023 dei Entity Registrant Name
EntityRegistrantName
ROYALE ENERGY, INC.
CY2023 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2023 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
81-4596368
CY2023 dei Entity Address Address Line1
EntityAddressAddressLine1
1530 Hilton Head Road #205
CY2023 dei Entity Address City Or Town
EntityAddressCityOrTown
El Cajon
CY2023 dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
CY2023 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
92019
CY2023 dei Local Phone Number
LocalPhoneNumber
619-383-6600
CY2023 dei City Area Code
CityAreaCode
619
CY2023 dei Security12g Title
Security12gTitle
Common Stock, 0.001 par value per share
CY2023 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2023 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2023 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
false
CY2023 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023 dei Entity Small Business
EntitySmallBusiness
true
CY2023 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023 dei Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
false
CY2023 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Public Float
EntityPublicFloat
1987037 usd
CY2024Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
71863829 shares
CY2023 dei Auditor Firm
AuditorFirmId
171
CY2023 dei Auditor Name
AuditorName
HORNE LLP
CY2023 dei Auditor Location
AuditorLocation
Ridgeland, Mississippi
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2202521 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1650507 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
3325000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
2249627 usd
CY2023Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
1036401 usd
CY2022Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
943633 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
878378 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
701937 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
558169 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1935346 usd
CY2023Q4 us-gaap Deferred Costs Current
DeferredCostsCurrent
1669149 usd
CY2022Q4 us-gaap Deferred Costs Current
DeferredCostsCurrent
1219177 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
0 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
114563 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
9669618 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
8814790 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
589865 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
589865 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
254008 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
335213 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2401902 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2040320 usd
CY2023Q4 us-gaap Assets
Assets
12915393 usd
CY2022Q4 us-gaap Assets
Assets
11780188 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
5482074 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
5528829 usd
CY2023Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
612925 usd
CY2022Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
612925 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
23087 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
23087 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
215693 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
208307 usd
CY2023Q4 royl Leases Obligations Current
LeasesObligationsCurrent
83230 usd
CY2022Q4 royl Leases Obligations Current
LeasesObligationsCurrent
81995 usd
CY2023Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
675000 usd
CY2022Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
675000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
9761927 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
8129965 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
16853936 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
15260108 usd
CY2023Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
4151847 usd
CY2022Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
2867479 usd
CY2023Q4 royl Leases Obligations Noncurrent
LeasesObligationsNoncurrent
171439 usd
CY2022Q4 royl Leases Obligations Noncurrent
LeasesObligationsNoncurrent
254858 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1616205 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1616205 usd
CY2023Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
1306605 usd
CY2022Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
1306605 usd
CY2023Q4 us-gaap Liabilities
Liabilities
24100032 usd
CY2022Q4 us-gaap Liabilities
Liabilities
21305255 usd
CY2023Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
10
CY2022Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
10
CY2023Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
3000000 shares
CY2022Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
3000000 shares
CY2023Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
2444885 shares
CY2023Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
2444885 shares
CY2022Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
2361154 shares
CY2022Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
2361154 shares
CY2023 royl Weighted Average Number Of Share Outstanding Basic And Diluted1
WeightedAverageNumberOfShareOutstandingBasicAndDiluted1
65758185 shares
CY2023Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
24448850 usd
CY2022Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
23611536 usd
CY2023Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
0.001
CY2022Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
0.001
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
280000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
280000000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
70564188 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
70564188 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
61876957 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
61876957 shares
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
70564 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
61876 usd
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
54619236 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
54447923 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-90323289 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-87646402 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
-35633489 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-33136603 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
12915393 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
11780188 usd
CY2023 us-gaap Revenues
Revenues
2160594 usd
CY2022 us-gaap Revenues
Revenues
2642537 usd
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
1731670 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
1928521 usd
CY2023 us-gaap Impairment Of Leasehold
ImpairmentOfLeasehold
1599001 usd
CY2022 us-gaap Impairment Of Leasehold
ImpairmentOfLeasehold
0 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
346866 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
575909 usd
CY2023 royl Well Equipment Write Down
WellEquipmentWriteDown
22690 usd
CY2022 royl Well Equipment Write Down
WellEquipmentWriteDown
0 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1725015 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1808197 usd
CY2023 us-gaap Professional Fees
ProfessionalFees
435372 usd
CY2022 us-gaap Professional Fees
ProfessionalFees
526550 usd
CY2023 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
350425 usd
CY2022 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
259101 usd
CY2023 us-gaap Costs And Expenses
CostsAndExpenses
6211039 usd
CY2022 us-gaap Costs And Expenses
CostsAndExpenses
5098278 usd
CY2023 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
2107500 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1726414 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
-1942945 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-729327 usd
CY2023 us-gaap Interest Expense
InterestExpense
1970 usd
CY2022 us-gaap Interest Expense
InterestExpense
2452 usd
CY2023 us-gaap Gains Losses On Restructuring Of Debt
GainsLossesOnRestructuringOfDebt
0 usd
CY2022 us-gaap Gains Losses On Restructuring Of Debt
GainsLossesOnRestructuringOfDebt
422614 usd
CY2023 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
112728 usd
CY2022 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
163571 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1832187 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-145594 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-1832187 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-145594 usd
CY2023 royl Earnings Per Share Basic And Diluted1
EarningsPerShareBasicAndDiluted1
-0.04
CY2022 royl Earnings Per Share Basic And Diluted1
EarningsPerShareBasicAndDiluted1
-0.02
CY2022 royl Weighted Average Number Of Share Outstanding Basic And Diluted1
WeightedAverageNumberOfShareOutstandingBasicAndDiluted1
58472340 shares
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-32570243 usd
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
395006 usd
CY2022 us-gaap Dividends Preferred Stock Paidinkind
DividendsPreferredStockPaidinkind
815772 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-145594 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-33136603 usd
CY2023 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
180001 usd
CY2023 us-gaap Dividends Preferred Stock Paidinkind
DividendsPreferredStockPaidinkind
844700 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-1832187 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
-35633489 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-1832187 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-145594 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
346866 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
575909 usd
CY2023 us-gaap Impairment Of Leasehold
ImpairmentOfLeasehold
1599001 usd
CY2022 us-gaap Impairment Of Leasehold
ImpairmentOfLeasehold
0 usd
CY2023 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
2107500 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1726414 usd
CY2022 us-gaap Gains Losses On Restructuring Of Debt
GainsLossesOnRestructuringOfDebt
422614 usd
CY2023 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
112728 usd
CY2022 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
163571 usd
CY2023 royl Well Equipment Write Down
WellEquipmentWriteDown
22690 usd
CY2022 royl Well Equipment Write Down
WellEquipmentWriteDown
0 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
180001 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
395006 usd
CY2023 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
11006 usd
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
10989 usd
CY2023 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
269209 usd
CY2022 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
867287 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1491740 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1613641 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-99599 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1157909 usd
CY2023 us-gaap Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
0 usd
CY2022 us-gaap Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
-10480 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-769919 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2809788 usd
CY2023 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
5450709 usd
CY2022 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
4723629 usd
CY2023 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-7860000 usd
CY2022 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-7332500 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
2409291 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
2608871 usd
CY2023 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-11985 usd
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-121753 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-11985 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-121753 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
1627387 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-322670 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3900134 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4222804 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5527521 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3900134 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
1970 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
2452 usd
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
10427 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
6850 usd
CY2023 royl Noncash Asset Retirement Obligation Addition
NoncashAssetRetirementObligationAddition
37260 usd
CY2022 royl Noncash Asset Retirement Obligation Addition
NoncashAssetRetirementObligationAddition
29338 usd
CY2023 royl Noncash Increase Decrease In Capital Accrued Balance
NoncashIncreaseDecreaseInCapitalAccruedBalance
165572 usd
CY2022 royl Noncash Increase Decrease In Capital Accrued Balance
NoncashIncreaseDecreaseInCapitalAccruedBalance
-206806 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><span style="text-decoration:underline">Use of Estimates</span></p><p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America and requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p><p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">Estimated quantities of crude oil and condensate, NGLs and natural gas reserves is a significant estimate that requires judgment. All of the reserve data included in this Form 10-K are estimates. Reservoir engineering is a subjective process of estimating underground accumulations of crude oil and condensate, NGLs and natural gas. There are numerous uncertainties inherent in estimating quantities of proved crude oil and condensate, NGLs and natural gas reserves. The accuracy of any reserves estimate is a function of the quality of available data and of engineering and geological interpretation and judgment. As a result, reserve estimates may be different from the quantities of crude oil and condensate, NGLs and natural gas that are ultimately recovered. See Note 15 – Supplemental Information About Oil and Gas Producing Activities (Unaudited) to our Consolidated Financial Statements for further detail.</p><p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">Other items subject to estimates and assumptions include the carrying amounts of accounts receivable, property, plant and equipment, equity method investments, asset retirement obligations, and valuation allowances for deferred tax assets, among others. Although we believe these estimates are accurate, actual results could differ from these estimates.</p>
CY2023Q4 royl Working Capital Deficit
WorkingCapitalDeficit
-7184318 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-90323289 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-1832187 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2202521 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1650507 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
3325000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
2249627 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5527521 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3900134 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1837551 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2757549 usd
CY2023 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
1599001 usd
CY2023 us-gaap Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
1292502 usd
CY2022 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
9761927 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
8129965 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-1832187 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-1832187 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-145594 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-145594 usd
CY2023 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
844700 usd
CY2023 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
844700 usd
CY2022 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
815772 usd
CY2022 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
815772 usd
CY2023 us-gaap Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
0 usd
CY2023 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 usd
CY2022 us-gaap Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
0 usd
CY2022 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2676887 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2676887 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-961366 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-961366 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65758185 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65758185 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58472340 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58472340 shares
CY2023 us-gaap Dilutive Securities
DilutiveSecurities
0 usd
CY2023 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2022 us-gaap Dilutive Securities
DilutiveSecurities
0 usd
CY2022 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65758185 shares
CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
65758185 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58472340 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
58472340 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
24448850 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
27058677 shares
CY2023Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
2736661 usd
CY2022Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
3108931 usd
CY2023Q4 us-gaap Other Liabilities
OtherLiabilities
1978542 usd
CY2022Q4 us-gaap Other Liabilities
OtherLiabilities
1801818 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
188482 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
22910 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
400296 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
400296 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
170312 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
189736 usd
CY2023Q4 royl Accrued Rent Current1
AccruedRentCurrent1
-7781 usd
CY2022Q4 royl Accrued Rent Current1
AccruedRentCurrent1
-5138 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
5482074 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
5528829 usd
CY2022Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
1306605 usd
CY2023Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
1306605 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1616205 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1616205 usd
CY2023Q4 us-gaap Proved Oil And Gas Property Successful Effort Method
ProvedOilAndGasPropertySuccessfulEffortMethod
5763892 usd
CY2022Q4 us-gaap Proved Oil And Gas Property Successful Effort Method
ProvedOilAndGasPropertySuccessfulEffortMethod
5712436 usd
CY2023Q4 us-gaap Unproved Oil And Gas Property Successful Effort Method
UnprovedOilAndGasPropertySuccessfulEffortMethod
778839 usd
CY2022Q4 us-gaap Unproved Oil And Gas Property Successful Effort Method
UnprovedOilAndGasPropertySuccessfulEffortMethod
148989 usd
CY2023Q4 us-gaap Capitalized Costs Wells And Related Equipment And Facilities
CapitalizedCostsWellsAndRelatedEquipmentAndFacilities
3295028 usd
CY2022Q4 us-gaap Capitalized Costs Wells And Related Equipment And Facilities
CapitalizedCostsWellsAndRelatedEquipmentAndFacilities
3317718 usd
CY2023Q4 us-gaap Oil And Gas Property Successful Effort Method Gross
OilAndGasPropertySuccessfulEffortMethodGross
9837759 usd
CY2022Q4 us-gaap Oil And Gas Property Successful Effort Method Gross
OilAndGasPropertySuccessfulEffortMethodGross
9179143 usd
CY2023Q4 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
7443661 usd
CY2022Q4 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
7142506 usd
CY2023Q4 us-gaap Other Oil And Gas Property Successful Effort Method
OtherOilAndGasPropertySuccessfulEffortMethod
2394098 usd
CY2022Q4 us-gaap Other Oil And Gas Property Successful Effort Method
OtherOilAndGasPropertySuccessfulEffortMethod
2036637 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1143423 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1137489 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1135619 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1133806 usd
CY2023Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
7804 usd
CY2022Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
3683 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2401902 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2040320 usd
CY2023 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
0 usd
CY2022 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
0 usd
CY2023 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
0 usd
CY2022 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
0 usd
CY2023 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
4120538 usd
CY2022 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
5301061 usd
CY2023 us-gaap Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
0 usd
CY2022 us-gaap Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
0 usd
CY2023 us-gaap Results Of Operations Revenue From Oil And Gas Producing Activities
ResultsOfOperationsRevenueFromOilAndGasProducingActivities
2114026 usd
CY2022 us-gaap Results Of Operations Revenue From Oil And Gas Producing Activities
ResultsOfOperationsRevenueFromOilAndGasProducingActivities
2611222 usd
CY2023 us-gaap Results Of Operations Production Or Lifting Costs
ResultsOfOperationsProductionOrLiftingCosts
1731670 usd
CY2022 us-gaap Results Of Operations Production Or Lifting Costs
ResultsOfOperationsProductionOrLiftingCosts
1928521 usd
CY2023 us-gaap Results Of Operations Impairment Of Oil And Gas Properties
ResultsOfOperationsImpairmentOfOilAndGasProperties
1599001 usd
CY2022 us-gaap Results Of Operations Impairment Of Oil And Gas Properties
ResultsOfOperationsImpairmentOfOilAndGasProperties
0 usd
CY2023 us-gaap Results Of Operations Depreciation Depletion And Amortization And Valuation Provisions
ResultsOfOperationsDepreciationDepletionAndAmortizationAndValuationProvisions
346866 usd
CY2022 us-gaap Results Of Operations Depreciation Depletion And Amortization And Valuation Provisions
ResultsOfOperationsDepreciationDepletionAndAmortizationAndValuationProvisions
575909 usd
CY2023 us-gaap Results Of Operations Income Before Income Taxes
ResultsOfOperationsIncomeBeforeIncomeTaxes
-1563511 usd
CY2022 us-gaap Results Of Operations Income Before Income Taxes
ResultsOfOperationsIncomeBeforeIncomeTaxes
106792 usd
CY2023 us-gaap Results Of Operations Income Tax Expense
ResultsOfOperationsIncomeTaxExpense
0 usd
CY2022 us-gaap Results Of Operations Income Tax Expense
ResultsOfOperationsIncomeTaxExpense
0 usd
CY2023 us-gaap Results Of Operations Oil And Gas Producing Activities Net Income Excluding Corporate Overhead And Interest Costs
ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts
-1563511 usd
CY2022 us-gaap Results Of Operations Oil And Gas Producing Activities Net Income Excluding Corporate Overhead And Interest Costs
ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts
106792 usd
CY2023 us-gaap Asset Retirement Obligation Period Increase Decrease
AssetRetirementObligationPeriodIncreaseDecrease
996852 usd
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
3542479 usd
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
3285560 usd
CY2023 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
37260 usd
CY2022 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
29338 usd
CY2023 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
141751 usd
CY2022 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
58889 usd
CY2023 us-gaap Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
387359 usd
CY2022 us-gaap Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
0 usd
CY2023 us-gaap Results Of Operations Accretion Of Asset Retirement Obligations
ResultsOfOperationsAccretionOfAssetRetirementObligations
39249 usd
CY2022 us-gaap Results Of Operations Accretion Of Asset Retirement Obligations
ResultsOfOperationsAccretionOfAssetRetirementObligations
0 usd
CY2023 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
996852 usd
CY2022 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
0 usd
CY2023 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
43897 usd
CY2022 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
286470 usd
CY2023Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
4826847 usd
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
3542479 usd
CY2023 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
43897 usd
CY2022 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
286470 usd
CY2023Q4 us-gaap Deferred Tax Assets Other Loss Carryforwards
DeferredTaxAssetsOtherLossCarryforwards
310903 usd
CY2022Q4 us-gaap Deferred Tax Assets Other Loss Carryforwards
DeferredTaxAssetsOtherLossCarryforwards
310903 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
9171527 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
8542098 usd
CY2023Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
668815 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
688377 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
86510 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
86510 usd
CY2023Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
9458 usd
CY2022Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
9458 usd
CY2023Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
2702 usd
CY2022Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
100 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
478131 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
717514 usd
CY2023Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
5088608 usd
CY2022Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
4976399 usd
CY2023Q4 royl Deferred Tax Liabilities Investments1
DeferredTaxLiabilitiesInvestments1
-67371 usd
CY2022Q4 royl Deferred Tax Liabilities Investments1
DeferredTaxLiabilitiesInvestments1
285626 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
15884025 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
15045733 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
15884025 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
15045733 usd
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2018Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
20500000 usd
CY2023Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
12000000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-384759 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-30575 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
1233 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
0 usd
CY2023 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
0 usd
CY2022 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
31527 usd
CY2023 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
33539 usd
CY2022 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-221621 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-499164 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
62558 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
10859 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
2024 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
838292 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
219141 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
161858 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
174975 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
17322 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
19076 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
6000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
6000 usd
CY2023 us-gaap Lease Cost
LeaseCost
185180 usd
CY2022 us-gaap Lease Cost
LeaseCost
200051 usd
CY2008Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
88128 usd
CY2008Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
7343 usd
CY2008Q1 royl Leases Obligations Future Minimum Payments Due Current
LeasesObligationsFutureMinimumPaymentsDueCurrent
95471 usd
CY2008Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
90768 usd
CY2008Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
0 usd
CY2008Q1 royl Leases Obligations Future Minimum Payments Due In Two Years
LeasesObligationsFutureMinimumPaymentsDueInTwoYears
90768 usd
CY2008Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
93492 usd
CY2008Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
0 usd
CY2008Q1 royl Leases Obligations Future Minimum Payments Due In Three Years
LeasesObligationsFutureMinimumPaymentsDueInThreeYears
93492 usd
CY2008Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2008Q1 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 usd
CY2008Q1 royl Leases Obligation Future Minimum Payments Due Thereafter
LeasesObligationFutureMinimumPaymentsDueThereafter
0 usd
CY2008Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
272388 usd
CY2008Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
7343 usd
CY2008Q1 royl Leases Obligation Future Minimum Payments Due
LeasesObligationFutureMinimumPaymentsDue
279731 usd
CY2008Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
24569 usd
CY2008Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
493 usd
CY2008Q1 royl Leases Obligation Future Minimum Payments Interest Included In Payments
LeasesObligationFutureMinimumPaymentsInterestIncludedInPayments
25062 usd
CY2008Q1 royl Lease Obligations
LeaseObligations
254669 usd
CY2008Q1 royl Leases Obligations Current
LeasesObligationsCurrent
83230 usd
CY2008Q1 royl Leases Obligations Noncurrent
LeasesObligationsNoncurrent
171439 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0483 pure
CY2023Q4 us-gaap Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
P4Y
CY2023Q4 us-gaap Notes Receivable Net
NotesReceivableNet
120634 usd
CY2022Q4 us-gaap Notes Receivable Net
NotesReceivableNet
127360 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
1378500 usd
CY2023Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
3207240 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
6988050 usd
CY2023Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
7483560 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
16305450 usd
CY2023Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2023Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
5300000 usd
CY2022Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
3600000 usd
CY2023Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
17559800 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
38766900 usd
CY2023Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
6860800 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
14094900 usd
CY2023Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
8200 usd
CY2023Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
3011664 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
6044467 usd
CY2023Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
4471896 usd
CY2022Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
10260983 usd
CY2023 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
-322560 usd
CY2022 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
-608735 usd
CY2023 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
-10359602 usd
CY2022 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
-12855765 usd
CY2023 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
946740 usd
CY2022 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
-287425 usd
CY2023 srt Decrease Due To Sales Of Minerals In Place
DecreaseDueToSalesOfMineralsInPlace
0 usd
CY2022 srt Decrease Due To Sales Of Minerals In Place
DecreaseDueToSalesOfMineralsInPlace
0 usd
CY2023 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
2067392 usd
CY2022 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
4266500 usd
CY2023 royl Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount1
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount1
602094 usd
CY2022 royl Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount1
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount1
-884088 usd
CY2023 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
2481037 usd
CY2022 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
2580401 usd
CY2023 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Period Increase Decrease
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesPeriodIncreaseDecrease
-5789087 usd
CY2022 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Period Increase Decrease
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesPeriodIncreaseDecrease
-6020936 usd
CY2008Q1 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://www.royl.com/20231231#LeaseObligations
CY2008Q1 us-gaap Finance Lease Liability Statement Of Financial Position Extensible List
FinanceLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://www.royl.com/20231231#LeaseObligations
CY2008Q1 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://www.royl.com/20231231#LeasesObligationsCurrent
CY2008Q1 us-gaap Finance Lease Liability Current Statement Of Financial Position Extensible List
FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://www.royl.com/20231231#LeasesObligationsCurrent
CY2008Q1 us-gaap Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://www.royl.com/20231231#LeasesObligationsNoncurrent
CY2008Q1 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://www.royl.com/20231231#LeasesObligationsNoncurrent
CY2023 dei Amendment Flag
AmendmentFlag
false
CY2023 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2023 dei Document Transition Report
DocumentTransitionReport
false
CY2023 dei Entity Central Index Key
EntityCentralIndexKey
0001694617

Files In Submission

Name View Source Status
0001185185-24-000374-index-headers.html Edgar Link pending
0001185185-24-000374-index.html Edgar Link pending
0001185185-24-000374.txt Edgar Link pending
0001185185-24-000374-xbrl.zip Edgar Link pending
ex99_footer1.jpg Edgar Link pending
ex99_header1.jpg Edgar Link pending
ex_644957.htm Edgar Link pending
ex_644962.htm Edgar Link pending
ex_644963.htm Edgar Link pending
ex_644964.htm Edgar Link pending
ex_644965.htm Edgar Link pending
ex_644966.htm Edgar Link pending
ex_644967.htm Edgar Link pending
ex_644968.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
nsai_logo1.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
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
FilingSummary.xml Edgar Link unprocessable
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
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.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
royaleinc20231231_10k.htm Edgar Link pending
royl-20231231.xsd Edgar Link pending
royaleinc20231231_10k_htm.xml Edgar Link completed
Show.js Edgar Link pending
royl-20231231_lab.xml Edgar Link unprocessable
royl-20231231_pre.xml Edgar Link unprocessable
royl-20231231_cal.xml Edgar Link unprocessable
royl-20231231_def.xml Edgar Link unprocessable