v3.25.4
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Jun. 30, 2025
Current assets    
Cash and cash equivalents $ 83,404 $ 39,439
Restricted cash 15,020 5,722
Trade and other receivables:    
Joint interest billings 1,272 8,191
ATO receivable 1,713 1,219
Other receivables 1,122 222
Prepaid expenses and other current assets 3,832 1,903
Total current assets 106,363 56,696
Property, plant and equipment, net 530 308
Operating lease right-of-use assets 4,126 1,549
Finance lease right-of-use assets 17,212 16,544
Prepaid expenses and other non-current assets 8,956 4,610
Total non-current assets 494,192 389,766
TOTAL ASSETS 600,555 446,462
Current liabilities    
Accounts payable and accrued expenses 38,413 20,457
Advance against joint interest billings 0 450
Current portion of operating lease obligations 2,829 391
Current portion of finance lease obligations 11,713 15,307
Total current liabilities 52,955 36,605
Operating lease obligations 1,277 1,175
Finance lease obligations 11,711 9,523
Asset retirement obligations 10,461 9,649
Long-term debt, net 32,592  
Other non-current liabilities 807 57
Total non-current liabilities 56,848 20,404
Total liabilities 109,803 57,009
Commitments and contingencies (Note 12)
Stockholders’ equity    
Common stock, $0.001 par value, 10,000,000,000 authorized; 21,115,136 and 16,717,289 issued and outstanding at December 31, 2025 and June 30, 2025, respectively 21 17
Additional paid-in capital 542,712 464,407
Accumulated other comprehensive loss (1,801) (9,421)
Accumulated deficit (182,077) (167,281)
Total Tamboran Resources Corporation stockholders’ equity 358,855 287,722
Noncontrolling interest 131,897 101,730
Total stockholders’ equity 490,752 389,452
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 600,555 446,462
Unproved properties    
Trade and other receivables:    
Natural gas properties, successful efforts method: 415,574 342,314
Assets under construction - natural gas equipment    
Trade and other receivables:    
Natural gas properties, successful efforts method: $ 47,794 $ 24,441