v3.26.1
Earnings Per Share - Calculation of Basic and Diluted Loss Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Earnings Per Share [Abstract]        
Net income (loss) attributable to Prairie Operating Co. common stockholders $ 193,794 $ 48,503 $ 19,397 $ (44,971)
Net income allocated to participating securities (6,218) (2,621) (1,130) 0
Net income (loss) attributable to Prairie Operating Co. common stockholders – basic 187,576 45,882 18,267 (44,971)
Adjustment for Series F Preferred Stock (if-converted method) (145,008) (10,199) (93,837) 0
Net income (loss) attributable to Prairie Operating Co. common stockholders– diluted $ 42,568 $ 35,683 $ (75,570) $ (44,971)
Weighted average shares outstanding – basic 107,141,123 44,063,281 87,711,102 35,477,691
Effects of dilutive securities:        
Weighted average shares outstanding – diluted 185,590,890 198,365,207 183,000,521 35,477,691
Diluted earnings (loss) per share $ 0.23 $ 0.18 $ (0.41) $ (1.27)
Basic earnings (loss) per share $ 1.75 $ 1.04 $ 0.21 $ (1.27)
Series F Preferred Stock [Member]        
Effects of dilutive securities:        
Effects of dilutive securities [1] 77,790,767 153,105,590 95,289,419 0
Series D Preferred Stock [Member]        
Effects of dilutive securities:        
Effects of dilutive securities 0 1,196,336 0 0
Common Stock Equivalents [Member]        
Effects of dilutive securities:        
Effects of dilutive securities [2] 659,001 0 0 0
[1] For the periods presented, assumes the maximum number of Common Shares which would be issued under the Alternative Conversion at the Nasdaq minimum floor price, as defined in the Series F Preferred Stock Certificate of Designation. Refer to Note 12 – Mezzanine Equity for a discussion of the Series F Preferred Stock.
[2] For the three months ended June 30, 2026, Common Stock equivalent shares consist of unexercised options and unvested performance stock units using the treasury stock method in accordance with ASC Topic 260, Earnings per Share. Refer to Note 14 – Common Stock Options and Warrants for a discussion of the Company’s options and Note 15 – Long–Term Incentive Compensation for a discussion of the Company’s performance-based stock units.