v3.26.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Jun. 30, 2025
Current assets    
Cash and cash equivalents $ 219,135 $ 39,439
Restricted cash 11,960 5,722
Trade and other receivables:    
Joint interest billings 1,472 8,191
ATO receivable 3,735 1,219
Other receivables 430 222
Prepaid expenses and other current assets 6,461 1,903
Total current assets 243,193 56,696
Property, plant and equipment, net 744 308
Operating lease right-of-use assets 2,705 1,549
Finance lease right-of-use asset 14,345 16,544
Prepaid expenses and other non-current assets 13,672 4,610
Total non-current assets 910,789 389,766
TOTAL ASSETS 1,153,982 446,462
Current liabilities    
Accounts payable and accrued expenses 73,742 20,457
Advance against joint interest billings 0 450
Current portion of operating lease obligations 1,897 391
Current portion of finance lease obligation 14,410 15,307
Other current liabilities 3,008 0
Total current liabilities 93,057 36,605
Operating lease obligations 1,018 1,175
Finance lease obligation 8,354 9,523
Asset retirement obligations 22,138 9,649
Long-term debt, net 59,043 0
Other non-current liabilities 811 57
Total non-current liabilities 91,364 20,404
Total liabilities 184,421 57,009
Commitments and contingencies (Note 15)
Redeemable noncontrolling interest 1,863 0
Stockholders’ equity    
Common stock, $0.001 par value; 10,000,000,000 common stock authorized; 34,872,663 and 16,717,289 common stock issued and outstanding as of June 30, 2026 and 2025, respectively 35 17
Additional paid-in capital 990,356 464,407
Accumulated other comprehensive loss (812) (9,421)
Accumulated deficit (193,355) (167,281)
Total Tamboran Resources Corporation stockholders’ equity 796,224 287,722
Noncontrolling interest 171,474 101,730
Total stockholders’ equity 967,698 389,452
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND STOCKHOLDERS’ EQUITY 1,153,982 446,462
Unproved properties    
Trade and other receivables:    
Natural gas properties, successful efforts method: 807,036 342,314
Assets under construction - natural gas equipment    
Trade and other receivables:    
Natural gas properties, successful efforts method: $ 72,287 $ 24,441