HNR Acquisition Corp (HNRA) Financial Statements (2025 and earlier)
Company Profile
Business Address |
3730 KIRBY DRIVE, SUITE 1200 HOUSTON, TX 77098 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 10/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 3,064 | 3,363 | 639 | 813 | 109 | ||||
Cash and cash equivalents | 3,064 | 3,363 | 639 | 813 | 109 | ||||
Inventory, net of allowances, customer advances and progress billings | 2,072 | 2,214 | |||||||
Inventory | 2,072 | 2,214 | |||||||
Prepaid expense | 50 | ||||||||
Derivative instruments and hedges, assets | |||||||||
Other current assets | 5 | 4 | |||||||
Other undisclosed current assets | 777 | 662 | |||||||
Total current assets: | 5,918 | 6,243 | 689 | 813 | 109 | ||||
Noncurrent Assets | |||||||||
Property, plant and equipment | 20 | 20 | |||||||
Oil and gas, successful efforts method, property and equipment, after accumulated depreciation, depletion, amortization, and impairment | 95,981 | 94,006 | |||||||
Derivative instruments and hedges | |||||||||
Asset, held-in-trust | 48,974 | 48,106 | 91,053 | ||||||
Deferred costs | 150 | ||||||||
Total noncurrent assets: | 96,001 | 94,026 | 49,124 | 48,106 | 91,053 | ||||
TOTAL ASSETS: | 101,920 | 100,269 | 49,813 | 48,919 | 91,162 | ||||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities, including: | 14,516 | 6,829 | 1,544 | 1,150 | 722 | ||||
Accounts payable | 8,603 | 5,807 | |||||||
Accrued liabilities | 5,913 | 1,022 | 352 | 1,150 | 722 | ||||
Other undisclosed accounts payable and accrued liabilities | 1,192 | ||||||||
Debt | 9,782 | 9,413 | |||||||
Deferred compensation liability | 1,250 | 1,800 | |||||||
Derivative instruments and hedges, liabilities | 947 | 1,004 | |||||||
Other liabilities | 646 | 646 | |||||||
Other undisclosed current liabilities | 12,580 | 11,365 | 2,334 | 2,020 | 1,122 | ||||
Total current liabilities: | 38,471 | 30,507 | 5,678 | 3,170 | 1,844 | ||||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 30,134 | 31,386 | |||||||
Long-term debt, excluding current maturities | 30,134 | 31,386 | |||||||
Liabilities, other than long-term debt | 6,534 | 6,732 | 2,588 | 2,588 | |||||
Deferred compensation liability, classified | 2,588 | 2,588 | |||||||
Asset retirement obligations | 978 | 937 | |||||||
Deferred income tax liabilities | 4,614 | 4,731 | |||||||
Other liabilities | 675 | 675 | |||||||
Derivative instruments and hedges, liabilities | 267 | 389 | |||||||
Other undisclosed noncurrent liabilities | 315 | 5,626 | 2,439 | 1,460 | 1,041 | ||||
Total noncurrent liabilities: | 36,984 | 43,744 | 2,439 | 4,047 | 3,628 | ||||
Total liabilities: | 75,455 | 74,251 | 8,116 | 7,217 | 5,473 | ||||
Temporary equity, carrying amount | 48,592 | 47,448 | 90,803 | ||||||
Equity | |||||||||
Equity, attributable to parent, including: | (6,942) | (7,388) | (6,896) | (5,746) | (5,113) | ||||
Common stock | 0 | 0 | 0 | ||||||
Additional paid in capital | 17,508 | 17,017 | |||||||
Accumulated deficit | (24,450) | (24,406) | (6,896) | (5,747) | (5,114) | ||||
Other undisclosed equity, attributable to parent | 1 | 1 | |||||||
Equity, attributable to noncontrolling interest | 33,406 | 33,406 | |||||||
Total equity: | 26,465 | 26,019 | (6,896) | (5,746) | (5,113) | ||||
TOTAL LIABILITIES AND EQUITY: | 101,920 | 100,269 | 49,813 | 48,919 | 91,162 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 10/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 5,061 | 3,283 | 2 | 2 | ||||
Net investment income | 2 | 2 | ||||||
Gross profit: | 5,061 | 3,283 | 2 | 2 | ||||
Operating expenses | (5,390) | (6,371) | (659) | (665) | (704) | |||
Operating income (loss): | (329) | (3,088) | (659) | (662) | (702) | |||
Nonoperating income (expense) | (656) | (3,631) | 64 | 579 | 715 | |||
Investment income, nonoperating | 14 | 15 | 64 | (379) | (213) | |||
Interest and debt expense | 1,720 | (90) | ||||||
Income (loss) from continuing operations before equity method investments, income taxes: | 734 | (6,719) | (684) | (83) | 13 | |||
Other undisclosed income (loss) from continuing operations before income taxes | (1,720) | |||||||
Income (loss) from continuing operations before income taxes: | (986) | (6,719) | (684) | (83) | 13 | |||
Income tax expense (benefit) | 348 | 1,432 | 206 | (147) | (189) | |||
Net loss: | (638) | (5,287) | (479) | (231) | (176) | |||
Other undisclosed net income (loss) attributable to parent | 473 | (2) | (2) | |||||
Net loss available to common stockholders, diluted: | (638) | (5,287) | (5) | (233) | (178) |
Comprehensive Income ($ in thousands)Annual | Quarterly
9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 10/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | ||
---|---|---|---|---|---|---|---|---|
Net loss: | (638) | (5,287) | (479) | (231) | (176) | |||
Comprehensive loss, net of tax, attributable to parent: | (638) | (5,287) | (479) | (231) | (176) |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.