v3.26.1
Unaudited Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
REVENUES        
Resource sales $ 28,202 $ 19,215 $ 47,155 $ 24,154
Resource sales - related party 25 509 151 509
Surface use related revenues 5,851 3,181 9,033 5,166
Surface use royalties 1,440 958 2,234 1,102
Surface use royalties - related party 6,008 0 6,008 0
Total revenues 41,526 23,863 64,581 30,931
COSTS AND EXPENSES        
Cost of sales (exclusive of depreciation and amortization) 6,103 7,722 10,960 9,608
Related party cost of sales 2,564 2,504 5,425 3,627
General and administrative expense 75,731 3,709 80,319 4,720
Related party general and administrative expense   211 6 231
Depreciation and amortization expense 10,275 4,445 14,866 5,838
Loss (gain) on sale of property, plant and equipment, net 9   9 30
Gain on investment in sales-type lease     (3,275) 0
Total operating expenses 94,682 18,591 108,310 24,054
INCOME (LOSS) FROM OPERATIONS (53,156) 5,272 (43,729) 6,877
OTHER EXPENSE (INCOME)        
Interest expense, net 4,812 6,068 10,646 8,783
Loss (gain) on extinguishment of debt (20,352) 70,001 (20,352) 70,001
Total other expense (income) (15,540) 76,069 (9,706) 78,784
INCOME (LOSS) BEFORE INCOME TAXES (37,616) (70,797) (34,023) (71,907)
Income tax expense (benefit) (80) 0 150 0
NET INCOME (LOSS) (37,536) $ (70,797) (34,173) $ (71,907)
NET INCOME (LOSS) ATTRIBUTABLE TO PREDECESSOR 2,261   5,624  
Less: Net income (loss) attributable to noncontrolling interest (32,235)   (32,235)  
NET INCOME (LOSS) ATTRIBUTABLE TO EAGLEROCK LAND, LLC $ (7,562)   $ (7,562)  
Class A Shares        
OTHER EXPENSE (INCOME)        
Basic net income (loss) per share $ (0.29)      
Dilutive net income (loss) per share $ (0.29)      
Basic weighted average shares outstanding 26,374,967      
Dilutive weighted average shares outstanding 26,374,967