v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Jun. 30, 2025
Current assets    
Cash and cash equivalents $ 88,151 $ 39,439
Restricted cash 13,766 5,722
Trade and other receivables:    
Joint interest billings 3,888 8,191
ATO receivable 2,711 1,219
Other receivables 227 222
Prepaid expenses and other current assets 9,363 1,903
Total current assets 118,106 56,696
Property, plant and equipment, net 601 308
Operating lease right-of-use assets 3,275 1,549
Finance lease right-of-use assets 15,081 16,544
Prepaid expenses and other non-current assets 8,779 4,610
Total non-current assets 553,956 389,766
TOTAL ASSETS 672,062 446,462
Current liabilities    
Accounts payable and accrued expenses 42,829 20,457
Advance against joint interest billings 0 450
Current portion of operating lease obligations 2,491 391
Current portion of finance lease obligations 13,776 15,307
Total current liabilities 59,096 36,605
Operating lease obligations 874 1,175
Finance lease obligations 9,049 9,523
Asset retirement obligations 11,053 9,649
Long-term debt, net 44,575 0
Other non-current liabilities 837 57
Total non-current liabilities 66,388 20,404
Total liabilities 125,484 57,009
Commitments and contingencies (Note 12)
Stockholders’ equity    
Common stock, $0.001 par value, 10,000,000,000 authorized; 22,667,289 and 16,717,289 issued and outstanding at March 31, 2026 and June 30, 2025, respectively 23 17
Additional paid-in capital 575,473 464,407
Accumulated other comprehensive income (loss) 11,541 (9,421)
Accumulated deficit (191,483) (167,281)
Total Tamboran Resources Corporation stockholders’ equity 395,554 287,722
Noncontrolling interest 151,024 101,730
Total stockholders’ equity 546,578 389,452
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 672,062 446,462
Unproved properties    
Trade and other receivables:    
Natural gas properties, successful efforts method: 465,020 342,314
Assets under construction - natural gas equipment    
Trade and other receivables:    
Natural gas properties, successful efforts method: $ 61,200 $ 24,441