v3.25.4
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Revenue:    
Revenue $ 7,353 $ 20,619
Operating expenses:    
Lease operating expenses 5,174 11,160
Gathering, transportation, and treating 59 205
Production taxes 539 1,213
Depreciation, depletion, accretion, and amortization 3,607 8,254
Impairment of oil and natural gas properties 3,628 11,918
Exploration Expense 230 369
General and administrative expenses 8,064 8,197
Loss on sale of assets 411 4,978
Total operating expenses 21,712 46,294
Operating loss (14,359) (25,675)
Other income (expense):    
Commodity derivative gain, net 0 537
Interest expense, net (208) (442)
Other income (expense), net 199 (33)
Total other income (expense) (9) 62
Net loss before income taxes (14,368) (25,613)
Income tax (expense) benefit (6) (20)
Net loss $ (14,374) $ (25,633)
Basic and diluted weighted average shares outstanding (in shares) 33,820,394 26,720,295
Basic and diluted loss per share (in dollars per share) $ (0.43) $ (0.96)
Oil Sales[Member]    
Revenue:    
Revenue $ 6,378 $ 18,165
Natural Gas, Midstream [Member]    
Revenue:    
Revenue $ 975 $ 2,454