v3.26.3
Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 375,036 $ 2,971,558
Accounts receivable
Crude Oil and natural gas sales 1,405,032 1,777,846
Other 32,911 4,418
Short-term derivative instrument asset 63,334 106,397
Prepaid expenses and other current assets 1,199,129 298,886
Total current assets 3,075,442 5,159,105
Crude oil and natural gas properties, successful efforts method:    
Proved Properties 90,443,361 100,285,138
Accumulated depreciation, depletion, and amortization (8,491,565) (2,759,226)
Total oil and natural gas properties, net 81,951,796 97,525,912
Other property, plant and equipment, net 20,000 20,000
Other noncurrent assets 1,891,348
TOTAL ASSETS 86,938,586 102,705,017
Current liabilities    
Accounts payable 8,351,450 8,870,324
Accounts payable – related parties 107,782 445,349
Accrued liabilities and other 9,784,912 7,923,613
Revenue and royalties payable 5,028,415 3,191,171
Revenue and royalties payable - Related Parties 132,563
Deferred underwriting fee payable 1,065,000
Current portion of related party notes payable, net of discount 3,556,750
Current portion of warrant liability 5,681,849
Current portion of long term debt 1,617,337 5,524,160
Total current liabilities 24,889,896 36,390,779
Long-term debt, net of current portion and discount 33,286,385
Related party notes payable 200,000
Convertible note liability 811,486 891,364
Convertible note liability, related party 1,250,000
Derivative liability 407,366
Derivative liability, related party 2,309,000 2,650,000
Deferred tax liability 3,959,392 2,692,733
Asset retirement obligations 1,281,147 1,049,285
Other liabilities 675,000 675,000
Total non-current liabilities 10,893,391 41,244,767
Total liabilities 35,783,287 77,635,546
Commitments and Contingencies
Redeemable common stock, $0.0001 par value; 400,000 shares outstanding subject to redemption at $15.00 per share as of December 31, 2025 and 2024, respectively 800,000 800,000
Stockholders’ equity    
Preferred stock, $0.0001 par value; 1,000,000 authorized shares, 0 shares issued and outstanding at December 31, 2025 and 2024, respectively
Additional paid in capital 87,118,006 30,512,043
Accumulated deficit (36,767,880) (26,669,798)
Total stockholders’ equity attributable to Eon Resources, Inc. 50,355,299 3,843,287
Noncontrolling interest 20,426,184
Total stockholders’ equity 50,355,299 24,269,471
Total liabilities, MEZZANINE EQUITY and stockholders’ equity 86,938,586 102,705,017
Class A Common Stock    
Stockholders’ equity    
Common stock value 5,173 992
Class B Common Stock    
Stockholders’ equity    
Common stock value $ 50