Basic net loss per share applicable to common stockholders is computed by dividing earnings applicable to common

stockholders by the weighted average number of common shares outstanding. Diluted loss per share assumes the

The computations for basic and diluted loss per share are as follows (in thousands, except shares and per share


	Three months ended March 31,		Nine months ended March 31,
	2026	2025	2026	2025
Numerator:
Net loss after income tax attributable to Tamboran Resources Corporation stockholders	$(9,407)	$(6,657)	$(24,203)	$(26,718)
Denominator:
Weighted average number of common stock outstanding, basic and diluted	22,397,089	14,536,774	19,989,564	14,336,033
Net loss per share, basic and diluted	$(0.420)	$(0.458)	$(1.211)	$(1.864)

The Company’s potentially dilutive shares, which include outstanding milestone options and RSUs, have not been

included in the computation of diluted net loss per share for the three months and nine months ended March 31, 2026, and