Note 11 - Restatement of Previously Issued Unaudited Interim Condensed Consolidated Financial Statements - Schedule of Financial Statement Adjustments (Details) - USD ($)
|
3 Months Ended |
6 Months Ended |
12 Months Ended |
Jun. 30, 2026 |
Mar. 31, 2026 |
Jun. 30, 2025 |
Mar. 31, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
Dec. 31, 2025 |
| Revenues |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenue |
|
|
|
$ 4,632,050
|
|
|
|
|
$ 9,137,148
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Production taxes, transportation and processing |
|
$ 702,775
|
|
315,341
|
|
|
|
$ 1,116,779
|
712,557
|
|
|
|
| Lease operating |
|
2,511,297
|
|
2,359,042
|
|
|
|
5,039,610
|
4,549,809
|
|
|
|
| Accretion of asset retirement obligations |
|
32,864
|
|
8,513
|
|
|
|
64,539
|
15,505
|
|
|
|
| General and administrative |
|
2,375,349
|
|
1,808,345
|
|
|
|
4,781,920
|
3,617,235
|
|
|
|
| Total expenses |
|
7,758,494
|
|
4,949,431
|
|
|
|
14,930,033
|
9,450,371
|
|
|
|
| Operating income (loss) |
|
(1,272,778)
|
|
(317,381)
|
|
|
|
(7,476,124)
|
(313,223)
|
|
|
|
| Gain on extinguishment of liabilities |
|
0
|
|
(914,518)
|
|
|
|
0
|
(1,306,337)
|
|
|
|
| Interest expense |
|
(175,618)
|
|
(1,649,656)
|
|
|
|
(435,999)
|
(3,393,902)
|
|
|
|
| Other income |
|
0
|
|
0
|
|
|
|
0
|
201
|
|
|
|
| Total other income (expense) |
|
3,924
|
|
(3,172,727)
|
|
|
|
(1,108,439)
|
(5,938,273)
|
|
|
|
| Income (loss) before income taxes |
|
(1,268,854)
|
|
(3,490,108)
|
|
|
|
(8,584,563)
|
(6,251,496)
|
|
|
|
| Income tax (provision) benefit |
|
576,270
|
|
534,259
|
|
|
|
2,119,384
|
1,239,128
|
|
|
|
| Net income (loss) |
|
(692,584)
|
$ (5,772,595)
|
(2,955,849)
|
[1] |
$ (2,056,519)
|
|
(6,465,179)
|
(5,012,368)
|
|
|
|
| Net income (loss) attributable to NCI |
|
0
|
|
0
|
|
|
|
0
|
28,535
|
|
|
|
| Net income (loss) attributable to Eon Resources, Inc. |
|
$ (692,584)
|
|
$ (2,955,849)
|
|
|
|
$ (6,465,179)
|
$ (4,983,833)
|
|
|
|
| Weighted average share outstanding, common stock - basic and diluted (in shares) |
|
55,424,861
|
|
22,575,043
|
|
|
|
54,766,929
|
18,809,177
|
|
|
|
| Net income (loss) per share of common stock – basic and diluted (in dollars per share) |
|
$ (0.01)
|
|
$ (0.13)
|
|
|
|
$ (0.12)
|
$ (0.26)
|
|
|
|
| Accounts receivable - Crude Oil and natural gas sales |
|
|
|
$ 1,507,664
|
|
|
|
|
$ 1,507,664
|
|
|
|
| Prepaid expenses and other current assets |
|
$ 1,364,636
|
|
1,349,239
|
|
|
|
$ 1,364,636
|
1,349,239
|
|
$ 1,199,129
|
|
| Total current assets |
|
4,429,909
|
|
6,811,103
|
|
|
|
4,429,909
|
6,811,103
|
|
3,075,442
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Proved Properties |
|
92,853,397
|
|
102,339,357
|
|
|
|
92,853,397
|
102,339,357
|
|
90,443,361
|
|
| Total oil and natural gas properties, net |
|
83,974,647
|
|
99,024,866
|
|
|
|
83,974,647
|
99,024,866
|
|
85,491,796
|
|
| Other noncurrent asset |
|
1,891,348
|
|
213,750
|
|
|
|
1,891,348
|
213,750
|
|
1,891,348
|
|
| Total Assets |
|
90,315,904
|
|
106,069,719
|
|
|
|
90,315,904
|
106,069,719
|
|
90,478,586
|
|
| Accounts payable |
|
|
|
5,921,799
|
|
|
|
|
5,921,799
|
|
|
|
| Accrued liabilities and other |
|
7,360,951
|
|
9,561,030
|
|
|
|
7,360,951
|
9,561,030
|
|
9,821,912
|
|
| Royalties payable |
|
|
|
4,971,471
|
|
|
|
|
4,971,471
|
|
|
|
| Total current liabilities |
|
27,061,132
|
|
28,229,376
|
|
|
|
27,061,132
|
28,229,376
|
|
24,926,896
|
|
| Asset retirement obligations |
|
1,345,686
|
|
1,194,866
|
|
|
|
1,345,686
|
1,194,866
|
|
1,281,147
|
|
| Deferred tax liability |
|
2,711,415
|
|
1,453,604
|
|
|
|
2,711,415
|
1,453,604
|
|
4,830,392
|
|
| Total for non-current liabilities |
|
13,879,563
|
|
42,650,509
|
|
|
|
13,879,563
|
42,650,509
|
|
11,764,391
|
|
| Total liabilities |
|
40,940,695
|
|
70,879,885
|
|
|
|
40,940,695
|
70,879,885
|
|
36,691,287
|
|
| Redeemable common stock |
|
|
|
800,000
|
|
|
|
|
800,000
|
|
|
|
| Additional paid in capital |
|
89,170,727
|
|
49,027,421
|
|
|
|
89,170,727
|
49,027,421
|
|
87,118,006
|
|
| Accumulated deficit |
|
(40,601,059)
|
|
(31,653,631)
|
|
|
|
(40,601,059)
|
(31,653,631)
|
|
(34,135,880)
|
|
| Total stockholders’ deficit attributable to EON Resources, Inc. |
|
|
|
17,377,185
|
|
|
|
|
17,377,185
|
|
|
|
| Noncontrolling Interest |
|
|
|
17,012,649
|
|
|
|
|
17,012,649
|
|
|
|
| Total Stockholders’ Equity |
|
48,575,209
|
48,856,323
|
34,389,834
|
[1] |
29,151,056
|
|
48,575,209
|
34,389,834
|
[1] |
52,987,299
|
|
| Total Liabilities, Mezzanine Equity and Stockholders Equity |
|
90,315,904
|
|
106,069,719
|
|
|
|
90,315,904
|
106,069,719
|
|
90,478,586
|
|
| Balance |
|
48,856,323
|
52,987,299
|
29,151,056
|
|
24,269,471
|
|
52,987,299
|
24,269,471
|
|
24,269,471
|
|
| Share-based compensation |
|
411,470
|
271,941
|
237,685
|
|
368,093
|
|
|
|
|
|
|
| Stock Issued During Period, Value, Equity Line of Credit |
|
|
|
2,682,800
|
|
4,341,532
|
|
|
|
|
|
|
| Shares issued to settle accounts payable |
|
|
|
49,308
|
|
45,050
|
|
|
|
|
|
|
| Class B exchanged for Class A |
|
|
|
|
|
0
|
|
|
|
|
|
|
| Net income (loss) |
|
(692,584)
|
(5,772,595)
|
(2,955,849)
|
[1] |
(2,056,519)
|
|
(6,465,179)
|
(5,012,368)
|
|
|
|
| Balance |
|
48,575,209
|
48,856,323
|
34,389,834
|
[1] |
29,151,056
|
|
48,575,209
|
34,389,834
|
[1] |
52,987,299
|
|
| Derivative liability conversion to common stock |
|
|
257,415
|
1,365,447
|
|
397,188
|
[1] |
|
|
|
|
|
| Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Accretion of asset retirement obligations |
|
32,864
|
|
8,513
|
|
|
|
64,539
|
15,505
|
|
|
|
| Deferred income tax benefit |
|
|
|
|
|
|
|
(2,119,384)
|
(1,239,128)
|
|
|
|
| Gain on extinguishment of liabilities |
|
0
|
|
914,518
|
|
|
|
0
|
1,306,337
|
|
|
|
| Accounts receivable |
|
|
|
|
|
|
|
(935,658)
|
55,685
|
|
|
|
| Prepaid expenses and other assets |
|
|
|
|
|
|
|
(165,100)
|
(502,754)
|
|
|
|
| Purchase of plugging & abandonment insurance bonds |
|
|
|
|
|
|
|
0
|
(213,750)
|
|
|
|
| Accounts payable |
|
|
|
|
|
|
|
|
(2,042,872)
|
|
|
|
| Accrued liabilities and other |
|
|
|
|
|
|
|
1,032,756
|
1,809,667
|
|
|
|
| Royalties payable |
|
|
|
|
|
|
|
|
1,780,300
|
|
|
|
| Cash Provided by (Used in) Operating Activity, Including Discontinued Operation |
|
|
|
|
|
|
|
211,023
|
(2,296,949)
|
|
(7,645,418)
|
|
| Investing activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Development of crude oil and gas properties |
|
|
|
|
|
|
|
(2,493,246)
|
(2,138,532)
|
|
|
|
| Net cash used in investing activities |
|
|
|
|
|
|
|
(2,493,246)
|
(2,138,532)
|
|
|
|
| Supplemental disclosure of non-cash investing and financing activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Accrued purchases of property and equipment |
|
|
|
|
|
|
|
83,210
|
761,989
|
|
|
|
| Nonrelated Party [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Accounts payable |
|
8,212,120
|
|
|
|
|
|
8,212,120
|
|
|
8,351,450
|
|
| Royalties payable |
|
7,113,880
|
|
|
|
|
|
7,113,880
|
|
|
5,028,415
|
|
| Derivative liabilities |
|
931,109
|
|
728,582
|
|
|
|
931,109
|
728,582
|
|
407,366
|
|
| Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Accounts payable |
|
|
|
|
|
|
|
123,880
|
(2,042,872)
|
|
|
|
| Royalties payable |
|
|
|
|
|
|
|
2,085,465
|
1,780,300
|
|
|
|
| Related Party [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Accounts payable |
|
294,720
|
|
|
|
|
|
294,720
|
|
|
107,782
|
|
| Derivative liabilities |
|
1,803,000
|
|
2,088,000
|
|
|
|
1,803,000
|
2,088,000
|
|
2,309,000
|
|
| Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Accounts payable |
|
|
|
|
|
|
|
186,938
|
(144,285)
|
|
|
|
| Royalties payable |
|
|
|
|
|
|
|
0
|
20,325
|
|
|
|
| Oil and Gas Lease Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
547,600
|
|
|
|
|
|
|
|
|
| Oil and Gas Equipment Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
547,600
|
|
|
|
|
|
|
|
|
| Nonembedded Derivative Liabilities [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Unrealized Gain (Loss) on Derivatives |
|
|
|
|
|
|
|
|
(885,279)
|
|
|
|
| Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Change in fair value of derivative liability |
|
|
|
|
|
|
|
|
885,279
|
|
|
|
| Nonembedded Derivative Liabilities [Member] | Nonrelated Party [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Unrealized Gain (Loss) on Derivatives |
|
348,821
|
|
(755,558)
|
|
|
|
(89,816)
|
(885,279)
|
|
|
|
| Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Change in fair value of derivative liability |
|
(348,821)
|
|
755,558
|
|
|
|
89,816
|
885,279
|
|
|
|
| Nonembedded Derivative Liabilities [Member] | Related Party [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Unrealized Gain (Loss) on Derivatives |
|
435,000
|
|
449,000
|
|
|
|
506,000
|
562,000
|
|
|
|
| Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Change in fair value of derivative liability |
|
(435,000)
|
|
(449,000)
|
|
|
|
(506,000)
|
(562,000)
|
|
|
|
| Embedded Derivative Financial Instruments, Related Party [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Unrealized Gain (Loss) on Derivatives |
|
|
|
449,000
|
|
|
|
|
562,000
|
|
|
|
| Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Change in fair value of derivative liability |
|
|
|
(449,000)
|
|
|
|
|
(562,000)
|
|
|
|
| Embedded Derivative Financial Instruments, Nonrelated Party [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Unrealized Gain (Loss) on Derivatives |
|
|
|
(755,558)
|
|
|
|
|
(885,279)
|
|
|
|
| Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Change in fair value of derivative liability |
|
|
|
755,558
|
|
|
|
|
885,279
|
|
|
|
| Conversion of Note Payable [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Shares issued for conversion of note payables |
|
0
|
1,112,263
|
2,764,187
|
|
1,786,241
|
|
|
|
|
|
|
| Common Class A [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Common stock |
|
5,541
|
|
3,395
|
|
|
|
5,541
|
3,395
|
|
5,173
|
|
| Common Class B [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Common stock |
|
0
|
|
|
|
|
|
0
|
|
|
0
|
|
| Common Stock [Member] | Common Class A [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
|
0
|
0
|
0
|
|
0
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Stockholders’ Equity |
|
$ 5,541
|
$ 5,541
|
$ 3,395
|
[1] |
$ 1,752
|
|
$ 5,541
|
$ 3,395
|
[1] |
$ 5,173
|
|
| Balance (in shares) |
|
55,424,861
|
51,740,701
|
17,518,226
|
|
9,923,205
|
|
51,740,701
|
9,923,205
|
|
9,923,205
|
|
| Balance |
|
$ 5,541
|
$ 5,173
|
$ 1,752
|
|
$ 992
|
|
$ 5,173
|
$ 992
|
|
$ 992
|
|
| Shares Issued, Shares, Share-Based Payment Arrangement, after Forfeiture (in shares) |
|
|
353,334
|
328,800
|
|
325,457
|
|
|
|
|
|
|
| Share-based compensation |
|
0
|
$ 35
|
$ 33
|
|
$ 33
|
|
|
|
|
|
|
| Shares issued under equity line of credit (in shares) |
|
|
|
6,000,000
|
|
4,770,000
|
|
|
|
|
|
|
| Stock Issued During Period, Value, Equity Line of Credit |
|
|
|
$ 600
|
|
$ 477
|
|
|
|
|
|
|
| Shares issued to settle accounts payable (in shares) |
|
|
|
98,615
|
|
45,050
|
|
|
|
|
|
|
| Shares issued to settle accounts payable |
|
|
|
$ 10
|
|
$ 5
|
|
|
|
|
|
|
| Class B exchanged for Class A (in shares) |
|
|
|
|
|
500,000
|
|
|
|
|
|
|
| Class B exchanged for Class A |
|
|
|
|
|
$ 50
|
|
|
|
|
|
|
| Net income (loss) |
|
$ 0
|
$ 0
|
$ 0
|
|
$ 0
|
|
|
|
|
|
|
| Balance (in shares) |
|
55,424,861
|
55,424,861
|
33,945,107
|
[1] |
17,518,226
|
|
55,424,861
|
33,945,107
|
[1] |
51,740,701
|
|
| Balance |
|
$ 5,541
|
$ 5,541
|
$ 3,395
|
[1] |
$ 1,752
|
|
$ 5,541
|
$ 3,395
|
[1] |
$ 5,173
|
|
| Derivative liability conversion to common stock |
|
|
$ 0
|
$ 0
|
|
$ 0
|
[1] |
|
|
|
|
|
| Common Stock [Member] | Common Class A [Member] | Oil and Gas Lease Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets (in shares) |
|
|
|
1,000,000
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
$ 100
|
|
|
|
|
|
|
|
|
| Common Stock [Member] | Common Class A [Member] | Oil and Gas Equipment Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets (in shares) |
|
|
|
1,000,000
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
$ 100
|
|
|
|
|
|
|
|
|
| Common Stock [Member] | Common Class A [Member] | Conversion of Note Payable [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Shares issued for conversion of note payables (in shares) |
|
|
3,330,826
|
7,999,466
|
|
1,954,514
|
|
|
|
|
|
|
| Shares issued for conversion of note payables |
|
0
|
$ 333
|
$ 800
|
|
$ 195
|
|
|
|
|
|
|
| Common Stock [Member] | Common Class B [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
|
0
|
0
|
0
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Stockholders’ Equity |
|
0
|
0
|
0
|
[1] |
$ 0
|
|
0
|
$ 0
|
[1] |
$ 0
|
|
| Balance (in shares) |
|
|
|
|
|
500,000
|
|
|
500,000
|
|
500,000
|
|
| Balance |
|
0
|
0
|
0
|
|
$ 50
|
|
0
|
$ 50
|
|
$ 50
|
|
| Share-based compensation |
|
0
|
0
|
0
|
|
0
|
|
|
|
|
|
|
| Stock Issued During Period, Value, Equity Line of Credit |
|
|
|
0
|
|
0
|
|
|
|
|
|
|
| Shares issued to settle accounts payable |
|
|
|
0
|
|
$ 0
|
|
|
|
|
|
|
| Class B exchanged for Class A (in shares) |
|
|
|
|
|
(500,000)
|
|
|
|
|
|
|
| Class B exchanged for Class A |
|
|
|
|
|
$ (50)
|
|
|
|
|
|
|
| Net income (loss) |
|
0
|
0
|
0
|
|
|
|
|
|
|
|
|
| Balance |
|
0
|
0
|
0
|
[1] |
0
|
|
0
|
0
|
[1] |
0
|
|
| Derivative liability conversion to common stock |
|
|
0
|
$ 0
|
|
0
|
[1] |
|
|
|
|
|
| Common Stock [Member] | Common Class B [Member] | Oil and Gas Lease Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets (in shares) |
|
|
|
0
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
$ 0
|
|
|
|
|
|
|
|
|
| Common Stock [Member] | Common Class B [Member] | Oil and Gas Equipment Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets (in shares) |
|
|
|
0
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
$ 0
|
|
|
|
|
|
|
|
|
| Common Stock [Member] | Common Class B [Member] | Conversion of Note Payable [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Shares issued for conversion of note payables (in shares) |
|
|
|
0
|
|
|
|
|
|
|
|
|
| Shares issued for conversion of note payables |
|
0
|
0
|
$ 0
|
|
0
|
|
|
|
|
|
|
| Additional Paid-in Capital [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
|
0
|
0
|
0
|
|
0
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Stockholders’ Equity |
|
89,170,727
|
88,759,257
|
49,027,421
|
[1] |
40,834,437
|
|
89,170,727
|
49,027,421
|
[1] |
87,118,006
|
|
| Balance |
|
88,759,257
|
87,118,006
|
40,834,437
|
|
30,512,043
|
|
87,118,006
|
30,512,043
|
|
30,512,043
|
|
| Share-based compensation |
|
411,470
|
271,906
|
237,652
|
|
368,060
|
|
|
|
|
|
|
| Stock Issued During Period, Value, Equity Line of Credit |
|
|
|
2,682,200
|
|
4,341,055
|
|
|
|
|
|
|
| Shares issued to settle accounts payable |
|
|
|
49,298
|
|
45,045
|
|
|
|
|
|
|
| Class B exchanged for Class A |
|
|
|
|
|
3,385,000
|
|
|
|
|
|
|
| Net income (loss) |
|
0
|
0
|
0
|
|
0
|
|
|
|
|
|
|
| Balance |
|
89,170,727
|
88,759,257
|
49,027,421
|
[1] |
40,834,437
|
|
89,170,727
|
49,027,421
|
[1] |
87,118,006
|
|
| Derivative liability conversion to common stock |
|
|
257,415
|
1,365,447
|
|
397,188
|
[1] |
|
|
|
|
|
| Additional Paid-in Capital [Member] | Oil and Gas Lease Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
547,500
|
|
|
|
|
|
|
|
|
| Additional Paid-in Capital [Member] | Oil and Gas Equipment Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
547,500
|
|
|
|
|
|
|
|
|
| Additional Paid-in Capital [Member] | Conversion of Note Payable [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Shares issued for conversion of note payables |
|
0
|
1,111,930
|
2,763,387
|
|
1,786,046
|
|
|
|
|
|
|
| Retained Earnings [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
|
(692,584)
|
(5,772,595)
|
(2,955,849)
|
[1] |
(2,027,984)
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Stockholders’ Equity |
|
(40,601,059)
|
(39,908,475)
|
(31,653,631)
|
[1] |
(28,697,782)
|
|
(40,601,059)
|
(31,653,631)
|
[1] |
(34,135,880)
|
|
| Balance |
|
(39,908,475)
|
(34,135,880)
|
(28,697,782)
|
|
(26,669,798)
|
|
(34,135,880)
|
(26,669,798)
|
|
(26,669,798)
|
|
| Share-based compensation |
|
0
|
0
|
0
|
|
0
|
|
|
|
|
|
|
| Stock Issued During Period, Value, Equity Line of Credit |
|
|
|
0
|
|
0
|
|
|
|
|
|
|
| Shares issued to settle accounts payable |
|
|
|
0
|
|
0
|
|
|
|
|
|
|
| Class B exchanged for Class A |
|
|
|
|
|
0
|
|
|
|
|
|
|
| Net income (loss) |
|
(692,584)
|
(5,772,595)
|
(2,955,849)
|
[1] |
(2,027,984)
|
|
|
|
|
|
|
| Balance |
|
(40,601,059)
|
(39,908,475)
|
(31,653,631)
|
[1] |
(28,697,782)
|
|
(40,601,059)
|
(31,653,631)
|
[1] |
(34,135,880)
|
|
| Derivative liability conversion to common stock |
|
|
0
|
0
|
|
0
|
[1] |
|
|
|
|
|
| Retained Earnings [Member] | Oil and Gas Lease Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
0
|
|
|
|
|
|
|
|
|
| Retained Earnings [Member] | Oil and Gas Equipment Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
0
|
|
|
|
|
|
|
|
|
| Retained Earnings [Member] | Conversion of Note Payable [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Shares issued for conversion of note payables |
|
0
|
0
|
0
|
|
0
|
|
|
|
|
|
|
| Parent [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
|
(692,584)
|
(5,772,595)
|
(2,955,849)
|
[1] |
(2,027,984)
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Stockholders’ Equity |
|
48,575,209
|
48,856,323
|
17,377,185
|
[1] |
12,138,407
|
|
48,575,209
|
17,377,185
|
[1] |
52,987,299
|
|
| Balance |
|
48,856,323
|
52,987,299
|
12,138,407
|
|
3,843,287
|
|
52,987,299
|
3,843,287
|
|
3,843,287
|
|
| Share-based compensation |
|
411,470
|
271,941
|
237,685
|
|
368,093
|
|
|
|
|
|
|
| Stock Issued During Period, Value, Equity Line of Credit |
|
|
|
2,682,800
|
|
4,341,532
|
|
|
|
|
|
|
| Shares issued to settle accounts payable |
|
|
|
49,308
|
|
45,050
|
|
|
|
|
|
|
| Class B exchanged for Class A |
|
|
|
|
|
3,385,000
|
|
|
|
|
|
|
| Net income (loss) |
|
(692,584)
|
(5,772,595)
|
(2,955,849)
|
[1] |
(2,027,984)
|
|
|
|
|
|
|
| Balance |
|
48,575,209
|
48,856,323
|
17,377,185
|
[1] |
12,138,407
|
|
48,575,209
|
17,377,185
|
[1] |
52,987,299
|
|
| Derivative liability conversion to common stock |
|
|
257,415
|
1,365,447
|
|
397,188
|
[1] |
|
|
|
|
|
| Parent [Member] | Oil and Gas Lease Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
547,600
|
|
|
|
|
|
|
|
|
| Parent [Member] | Oil and Gas Equipment Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
547,600
|
|
|
|
|
|
|
|
|
| Parent [Member] | Conversion of Note Payable [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Shares issued for conversion of note payables |
|
0
|
1,112,263
|
2,764,187
|
|
1,786,241
|
|
|
|
|
|
|
| Noncontrolling Interest [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
|
0
|
0
|
0
|
|
(28,535)
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Stockholders’ Equity |
|
0
|
0
|
17,012,649
|
[1] |
17,012,649
|
|
0
|
17,012,649
|
[1] |
0
|
|
| Balance |
|
0
|
0
|
17,012,649
|
|
20,426,184
|
|
0
|
20,426,184
|
|
20,426,184
|
|
| Share-based compensation |
|
0
|
0
|
0
|
|
0
|
|
|
|
|
|
|
| Stock Issued During Period, Value, Equity Line of Credit |
|
|
|
0
|
|
0
|
|
|
|
|
|
|
| Shares issued to settle accounts payable |
|
|
|
0
|
|
0
|
|
|
|
|
|
|
| Class B exchanged for Class A |
|
|
|
|
|
(3,385,000)
|
|
|
|
|
|
|
| Net income (loss) |
|
0
|
0
|
0
|
|
(28,535)
|
|
|
|
|
|
|
| Balance |
|
0
|
0
|
17,012,649
|
[1] |
17,012,649
|
|
0
|
17,012,649
|
[1] |
0
|
|
| Derivative liability conversion to common stock |
|
|
0
|
0
|
|
0
|
[1] |
|
|
|
|
|
| Noncontrolling Interest [Member] | Oil and Gas Lease Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
0
|
|
|
|
|
|
|
|
|
| Noncontrolling Interest [Member] | Oil and Gas Equipment Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
0
|
|
|
|
|
|
|
|
|
| Noncontrolling Interest [Member] | Conversion of Note Payable [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Shares issued for conversion of note payables |
|
0
|
$ 0
|
0
|
|
0
|
|
|
|
|
|
|
| Previously Reported [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenue |
|
|
|
4,583,148
|
|
|
|
|
9,147,746
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Production taxes, transportation and processing |
|
|
|
302,850
|
|
|
|
|
700,066
|
|
|
|
| Lease operating |
|
|
|
1,993,454
|
|
|
|
|
3,914,775
|
|
|
|
| Accretion of asset retirement obligations |
|
|
|
95,322
|
|
|
|
|
251,538
|
|
|
|
| General and administrative |
|
|
|
1,941,044
|
|
|
|
|
4,025,589
|
|
|
|
| Total expenses |
|
|
|
4,790,860
|
|
|
|
|
9,447,233
|
|
|
|
| Operating income (loss) |
|
|
|
(207,712)
|
|
|
|
|
(299,487)
|
|
|
|
| Gain on extinguishment of liabilities |
|
|
|
207,307
|
|
|
|
|
299,601
|
|
|
|
| Interest expense |
|
|
|
(1,678,538)
|
|
|
|
|
(3,422,784)
|
|
|
|
| Other income |
|
|
|
281,715
|
|
|
|
|
295,342
|
|
|
|
| Total other income (expense) |
|
|
|
(1,491,511)
|
|
|
|
|
(3,742,797)
|
|
|
|
| Income (loss) before income taxes |
|
|
|
(1,699,223)
|
|
|
|
|
(4,042,284)
|
|
|
|
| Income tax (provision) benefit |
|
|
|
398,744
|
|
|
|
|
1,169,129
|
|
|
|
| Net income (loss) |
|
|
|
(1,300,479)
|
[1] |
(1,752,231)
|
|
|
(2,873,155)
|
|
|
|
| Net income (loss) attributable to NCI |
|
|
|
0
|
|
|
|
|
0
|
|
|
|
| Net income (loss) attributable to Eon Resources, Inc. |
|
|
|
$ (1,300,479)
|
|
|
|
|
$ (2,873,155)
|
|
|
|
| Weighted average share outstanding, common stock - basic and diluted (in shares) |
|
|
|
22,575,043
|
|
|
|
|
18,809,177
|
|
|
|
| Net income (loss) per share of common stock – basic and diluted (in dollars per share) |
|
|
|
$ (0.06)
|
|
|
|
|
$ (0.15)
|
|
|
|
| Accounts receivable - Crude Oil and natural gas sales |
|
|
|
$ 1,433,262
|
|
|
|
|
$ 1,433,262
|
|
|
|
| Prepaid expenses and other current assets |
|
|
|
488,183
|
|
|
|
|
488,183
|
|
|
|
| Total current assets |
|
|
|
5,875,645
|
|
|
|
|
5,875,645
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Proved Properties |
|
|
|
103,382,842
|
|
|
|
|
103,382,842
|
|
|
|
| Total oil and natural gas properties, net |
|
|
|
100,068,351
|
|
|
|
|
100,068,351
|
|
|
|
| Other noncurrent asset |
|
|
|
0
|
|
|
|
|
0
|
|
|
|
| Total Assets |
|
|
|
105,963,996
|
|
|
|
|
105,963,996
|
|
|
|
| Accounts payable |
|
|
|
6,279,528
|
|
|
|
|
6,279,528
|
|
|
|
| Accrued liabilities and other |
|
|
|
9,118,446
|
|
|
|
|
9,118,446
|
|
|
|
| Royalties payable |
|
|
|
4,434,575
|
|
|
|
|
4,434,575
|
|
|
|
| Total current liabilities |
|
|
|
27,607,625
|
|
|
|
|
27,607,625
|
|
|
|
| Asset retirement obligations |
|
|
|
1,430,899
|
|
|
|
|
1,430,899
|
|
|
|
| Deferred tax liability |
|
|
|
1,523,603
|
|
|
|
|
1,523,603
|
|
|
|
| Total for non-current liabilities |
|
|
|
40,139,959
|
|
|
|
|
40,139,959
|
|
|
|
| Total liabilities |
|
|
|
67,747,584
|
|
|
|
|
67,747,584
|
|
|
|
| Redeemable common stock |
|
|
|
0
|
|
|
|
|
0
|
|
|
|
| Additional paid in capital |
|
|
|
48,064,746
|
|
|
|
|
48,064,746
|
|
|
|
| Accumulated deficit |
|
|
|
(31,072,183)
|
|
|
|
|
(31,072,183)
|
|
|
|
| Total stockholders’ deficit attributable to EON Resources, Inc. |
|
|
|
16,995,998
|
|
|
|
|
16,995,998
|
|
|
|
| Noncontrolling Interest |
|
|
|
21,220,414
|
|
|
|
|
21,220,414
|
|
|
|
| Total Stockholders’ Equity |
|
|
|
38,216,412
|
|
32,508,156
|
|
|
38,216,412
|
|
|
|
| Total Liabilities, Mezzanine Equity and Stockholders Equity |
|
|
|
105,963,996
|
|
|
|
|
105,963,996
|
|
|
|
| Balance |
|
|
|
32,508,156
|
|
27,719,471
|
|
|
27,719,471
|
|
$ 27,719,471
|
|
| Share-based compensation |
|
|
|
237,685
|
|
368,093
|
|
|
|
|
|
|
| Stock Issued During Period, Value, Equity Line of Credit |
|
|
|
2,682,800
|
|
4,341,532
|
|
|
|
|
|
|
| Shares issued to settle accounts payable |
|
|
|
49,308
|
|
45,050
|
|
|
|
|
|
|
| Class B exchanged for Class A |
|
|
|
|
|
0
|
|
|
|
|
|
|
| Net income (loss) |
|
|
|
(1,300,479)
|
[1] |
(1,752,231)
|
|
|
(2,873,155)
|
|
|
|
| Balance |
|
|
|
38,216,412
|
|
32,508,156
|
|
|
38,216,412
|
|
|
|
| Balance - June 30, 2025 |
[1] |
|
|
38,036,857
|
|
|
|
|
38,036,857
|
|
|
|
| Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Accretion of asset retirement obligations |
|
|
|
95,322
|
|
|
|
|
251,538
|
|
|
|
| Deferred income tax benefit |
|
|
|
|
|
|
|
|
(1,169,130)
|
|
|
|
| Gain on extinguishment of liabilities |
|
|
|
(207,307)
|
|
|
|
|
(299,601)
|
|
|
|
| Accounts receivable |
|
|
|
|
|
|
|
|
130,087
|
|
|
|
| Prepaid expenses and other assets |
|
|
|
|
|
|
|
|
(189,297)
|
|
|
|
| Purchase of plugging & abandonment insurance bonds |
|
|
|
|
|
|
|
|
0
|
|
|
|
| Accounts payable |
|
|
|
|
|
|
|
|
(1,681,028)
|
|
|
|
| Accrued liabilities and other |
|
|
|
|
|
|
|
|
1,367,083
|
|
|
|
| Royalties payable |
|
|
|
|
|
|
|
|
1,243,404
|
|
|
|
| Cash Provided by (Used in) Operating Activity, Including Discontinued Operation |
|
|
|
|
|
|
|
|
(1,796,949)
|
|
|
|
| Investing activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Development of crude oil and gas properties |
|
|
|
|
|
|
|
|
(2,638,532)
|
|
|
|
| Net cash used in investing activities |
|
|
|
|
|
|
|
|
(2,638,532)
|
|
|
|
| Supplemental disclosure of non-cash investing and financing activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Accrued purchases of property and equipment |
|
|
|
|
|
|
|
|
766,104
|
|
|
|
| Previously Reported [Member] | Nonrelated Party [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Derivative liabilities |
|
|
|
0
|
|
|
|
|
0
|
|
|
|
| Previously Reported [Member] | Related Party [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Derivative liabilities |
|
|
|
0
|
|
|
|
|
0
|
|
|
|
| Previously Reported [Member] | Oil and Gas Lease Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
547,600
|
|
|
|
|
|
|
|
|
| Previously Reported [Member] | Oil and Gas Equipment Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
547,600
|
|
|
|
|
|
|
|
|
| Previously Reported [Member] | Nonembedded Derivative Liabilities [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Unrealized Gain (Loss) on Derivatives |
|
|
|
|
|
|
|
|
(0)
|
|
|
|
| Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Change in fair value of derivative liability |
|
|
|
|
|
|
|
|
0
|
|
|
|
| Previously Reported [Member] | Embedded Derivative Financial Instruments, Related Party [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Unrealized Gain (Loss) on Derivatives |
|
|
|
0
|
|
|
|
|
0
|
|
|
|
| Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Change in fair value of derivative liability |
|
|
|
0
|
|
|
|
|
0
|
|
|
|
| Previously Reported [Member] | Embedded Derivative Financial Instruments, Nonrelated Party [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Unrealized Gain (Loss) on Derivatives |
|
|
|
0
|
|
|
|
|
0
|
|
|
|
| Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Change in fair value of derivative liability |
|
|
|
0
|
|
|
|
|
0
|
|
|
|
| Previously Reported [Member] | Conversion of Note Payable [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Shares issued for conversion of note payables |
|
|
|
2,764,187
|
|
1,786,241
|
|
|
|
|
|
|
| Previously Reported [Member] | Common Class A [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Common stock |
|
|
|
3,435
|
|
|
|
|
3,435
|
|
|
|
| Previously Reported [Member] | Common Stock [Member] | Common Class A [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Stockholders’ Equity |
|
|
|
$ 3,435
|
[1] |
$ 1,792
|
|
|
$ 3,435
|
[1] |
|
|
| Balance (in shares) |
|
|
|
17,918,226
|
|
10,323,205
|
|
|
10,323,205
|
|
10,323,205
|
|
| Balance |
|
|
|
$ 1,792
|
|
$ 1,032
|
|
|
$ 1,032
|
|
$ 1,032
|
|
| Shares Issued, Shares, Share-Based Payment Arrangement, after Forfeiture (in shares) |
|
|
|
328,800
|
|
325,457
|
|
|
|
|
|
|
| Share-based compensation |
|
|
|
$ 33
|
|
$ 33
|
|
|
|
|
|
|
| Shares issued under equity line of credit (in shares) |
|
|
|
6,000,000
|
|
4,770,000
|
|
|
|
|
|
|
| Stock Issued During Period, Value, Equity Line of Credit |
|
|
|
$ 600
|
|
$ 477
|
|
|
|
|
|
|
| Shares issued to settle accounts payable (in shares) |
|
|
|
98,615
|
|
45,050
|
|
|
|
|
|
|
| Shares issued to settle accounts payable |
|
|
|
$ 10
|
|
$ 5
|
|
|
|
|
|
|
| Class B exchanged for Class A (in shares) |
|
|
|
|
|
500,000
|
|
|
|
|
|
|
| Class B exchanged for Class A |
|
|
|
|
|
$ 50
|
|
|
|
|
|
|
| Balance (in shares) |
|
|
|
34,345,107
|
[1] |
17,918,226
|
|
|
34,345,107
|
[1] |
|
|
| Balance |
|
|
|
$ 3,435
|
[1] |
$ 1,792
|
|
|
$ 3,435
|
[1] |
|
|
| Previously Reported [Member] | Common Stock [Member] | Common Class A [Member] | Oil and Gas Lease Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets (in shares) |
|
|
|
1,000,000
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
$ 100
|
|
|
|
|
|
|
|
|
| Previously Reported [Member] | Common Stock [Member] | Common Class A [Member] | Oil and Gas Equipment Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets (in shares) |
|
|
|
1,000,000
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
$ 100
|
|
|
|
|
|
|
|
|
| Previously Reported [Member] | Common Stock [Member] | Common Class A [Member] | Conversion of Note Payable [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Shares issued for conversion of note payables (in shares) |
|
|
|
7,999,466
|
|
1,954,514
|
|
|
|
|
|
|
| Shares issued for conversion of note payables |
|
|
|
$ 800
|
|
$ 195
|
|
|
|
|
|
|
| Previously Reported [Member] | Common Stock [Member] | Common Class B [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Stockholders’ Equity |
|
|
|
0
|
[1] |
$ 0
|
|
|
$ 0
|
[1] |
|
|
| Balance (in shares) |
|
|
|
|
|
500,000
|
|
|
500,000
|
|
500,000
|
|
| Balance |
|
|
|
0
|
|
$ 50
|
|
|
$ 50
|
|
$ 50
|
|
| Share-based compensation |
|
|
|
0
|
|
0
|
|
|
|
|
|
|
| Stock Issued During Period, Value, Equity Line of Credit |
|
|
|
0
|
|
0
|
|
|
|
|
|
|
| Shares issued to settle accounts payable |
|
|
|
0
|
|
$ 0
|
|
|
|
|
|
|
| Class B exchanged for Class A (in shares) |
|
|
|
|
|
(500,000)
|
|
|
|
|
|
|
| Class B exchanged for Class A |
|
|
|
|
|
$ (50)
|
|
|
|
|
|
|
| Balance |
|
|
|
0
|
[1] |
0
|
|
|
0
|
[1] |
|
|
| Previously Reported [Member] | Common Stock [Member] | Common Class B [Member] | Oil and Gas Lease Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
0
|
|
|
|
|
|
|
|
|
| Previously Reported [Member] | Common Stock [Member] | Common Class B [Member] | Oil and Gas Equipment Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
0
|
|
|
|
|
|
|
|
|
| Previously Reported [Member] | Common Stock [Member] | Common Class B [Member] | Conversion of Note Payable [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Shares issued for conversion of note payables |
|
|
|
0
|
|
0
|
|
|
|
|
|
|
| Previously Reported [Member] | Additional Paid-in Capital [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Stockholders’ Equity |
|
|
|
48,064,746
|
[1] |
41,237,209
|
|
|
48,064,746
|
[1] |
|
|
| Balance |
|
|
|
41,237,209
|
|
31,312,003
|
|
|
31,312,003
|
|
31,312,003
|
|
| Share-based compensation |
|
|
|
237,652
|
|
368,060
|
|
|
|
|
|
|
| Stock Issued During Period, Value, Equity Line of Credit |
|
|
|
2,682,200
|
|
4,341,055
|
|
|
|
|
|
|
| Shares issued to settle accounts payable |
|
|
|
49,298
|
|
45,045
|
|
|
|
|
|
|
| Class B exchanged for Class A |
|
|
|
|
|
3,385,000
|
|
|
|
|
|
|
| Balance |
|
|
|
48,064,746
|
[1] |
41,237,209
|
|
|
48,064,746
|
[1] |
|
|
| Previously Reported [Member] | Additional Paid-in Capital [Member] | Oil and Gas Lease Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
547,500
|
|
|
|
|
|
|
|
|
| Previously Reported [Member] | Additional Paid-in Capital [Member] | Oil and Gas Equipment Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
547,500
|
|
|
|
|
|
|
|
|
| Previously Reported [Member] | Additional Paid-in Capital [Member] | Conversion of Note Payable [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Shares issued for conversion of note payables |
|
|
|
2,763,387
|
|
1,786,046
|
|
|
|
|
|
|
| Previously Reported [Member] | Retained Earnings [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
|
|
|
(1,300,479)
|
[1] |
(1,752,231)
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Stockholders’ Equity |
|
|
|
(31,251,738)
|
[1] |
(29,951,259)
|
|
|
(31,251,738)
|
[1] |
|
|
| Balance |
|
|
|
(29,951,259)
|
|
(28,199,028)
|
|
|
(28,199,028)
|
|
(28,199,028)
|
|
| Share-based compensation |
|
|
|
0
|
|
0
|
|
|
|
|
|
|
| Stock Issued During Period, Value, Equity Line of Credit |
|
|
|
0
|
|
0
|
|
|
|
|
|
|
| Shares issued to settle accounts payable |
|
|
|
0
|
|
0
|
|
|
|
|
|
|
| Class B exchanged for Class A |
|
|
|
|
|
0
|
|
|
|
|
|
|
| Net income (loss) |
|
|
|
(1,300,479)
|
[1] |
(1,752,231)
|
|
|
|
|
|
|
| Balance |
|
|
|
(31,251,738)
|
[1] |
(29,951,259)
|
|
|
(31,251,738)
|
[1] |
|
|
| Previously Reported [Member] | Retained Earnings [Member] | Oil and Gas Lease Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
0
|
|
|
|
|
|
|
|
|
| Previously Reported [Member] | Retained Earnings [Member] | Oil and Gas Equipment Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
0
|
|
|
|
|
|
|
|
|
| Previously Reported [Member] | Retained Earnings [Member] | Conversion of Note Payable [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Shares issued for conversion of note payables |
|
|
|
0
|
|
0
|
|
|
|
|
|
|
| Previously Reported [Member] | Parent [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
|
|
|
(1,300,479)
|
[1] |
(1,752,231)
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Stockholders’ Equity |
|
|
|
16,816,443
|
[1] |
11,287,742
|
|
|
16,816,443
|
[1] |
|
|
| Balance |
|
|
|
11,287,742
|
|
3,114,057
|
|
|
3,114,057
|
|
3,114,057
|
|
| Share-based compensation |
|
|
|
237,685
|
|
368,093
|
|
|
|
|
|
|
| Stock Issued During Period, Value, Equity Line of Credit |
|
|
|
2,682,800
|
|
4,341,532
|
|
|
|
|
|
|
| Shares issued to settle accounts payable |
|
|
|
49,308
|
|
45,050
|
|
|
|
|
|
|
| Class B exchanged for Class A |
|
|
|
|
|
3,385,000
|
|
|
|
|
|
|
| Net income (loss) |
|
|
|
(1,300,479)
|
[1] |
(1,752,231)
|
|
|
|
|
|
|
| Balance |
|
|
|
16,816,443
|
[1] |
11,287,742
|
|
|
16,816,443
|
[1] |
|
|
| Previously Reported [Member] | Parent [Member] | Oil and Gas Lease Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
547,600
|
|
|
|
|
|
|
|
|
| Previously Reported [Member] | Parent [Member] | Oil and Gas Equipment Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
547,600
|
|
|
|
|
|
|
|
|
| Previously Reported [Member] | Parent [Member] | Conversion of Note Payable [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Shares issued for conversion of note payables |
|
|
|
2,764,187
|
|
1,786,241
|
|
|
|
|
|
|
| Previously Reported [Member] | Noncontrolling Interest [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Stockholders’ Equity |
|
|
|
21,220,414
|
[1] |
21,220,414
|
|
|
21,220,414
|
[1] |
|
|
| Balance |
|
|
|
21,220,414
|
|
24,605,414
|
|
|
24,605,414
|
|
24,605,414
|
|
| Share-based compensation |
|
|
|
0
|
|
0
|
|
|
|
|
|
|
| Stock Issued During Period, Value, Equity Line of Credit |
|
|
|
0
|
|
0
|
|
|
|
|
|
|
| Shares issued to settle accounts payable |
|
|
|
0
|
|
0
|
|
|
|
|
|
|
| Class B exchanged for Class A |
|
|
|
|
|
(3,385,000)
|
|
|
|
|
|
|
| Balance |
|
|
|
21,220,414
|
[1] |
21,220,414
|
|
|
21,220,414
|
[1] |
|
|
| Previously Reported [Member] | Noncontrolling Interest [Member] | Oil and Gas Lease Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
0
|
|
|
|
|
|
|
|
|
| Previously Reported [Member] | Noncontrolling Interest [Member] | Oil and Gas Equipment Acquisitions [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of assets |
|
|
|
0
|
|
|
|
|
|
|
|
|
| Previously Reported [Member] | Noncontrolling Interest [Member] | Conversion of Note Payable [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Shares issued for conversion of note payables |
|
|
|
0
|
|
0
|
|
|
|
|
|
|
| Revision of Prior Period, Adjustment [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenue |
|
|
|
48,902
|
|
|
|
|
(10,598)
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Production taxes, transportation and processing |
|
|
|
12,491
|
|
|
|
|
12,491
|
|
|
|
| Lease operating |
|
|
|
365,588
|
|
|
|
|
635,034
|
|
|
|
| Accretion of asset retirement obligations |
|
|
|
(86,809)
|
|
|
|
|
(236,033)
|
|
|
|
| General and administrative |
|
|
|
(132,699)
|
|
|
|
|
(408,354)
|
|
|
|
| Total expenses |
|
|
|
158,571
|
|
|
|
|
3,138
|
|
|
|
| Operating income (loss) |
|
|
|
(109,669)
|
|
|
|
|
(13,736)
|
|
|
|
| Gain on extinguishment of liabilities |
|
|
|
(1,121,825)
|
|
|
|
|
(1,605,938)
|
|
|
|
| Interest expense |
|
|
|
28,882
|
|
|
|
|
28,882
|
|
|
|
| Other income |
|
|
|
(281,715)
|
|
|
|
|
(295,141)
|
|
|
|
| Total other income (expense) |
|
|
|
(1,681,216)
|
|
|
|
|
(2,195,476)
|
|
|
|
| Income (loss) before income taxes |
|
|
|
(1,790,885)
|
|
|
|
|
(2,209,212)
|
|
|
|
| Income tax (provision) benefit |
|
|
|
135,515
|
|
|
|
|
69,999
|
|
|
|
| Net income (loss) |
|
|
|
(1,655,370)
|
|
(304,288)
|
|
|
(2,139,213)
|
|
|
|
| Net income (loss) attributable to NCI |
|
|
|
0
|
|
|
|
|
28,535
|
|
|
|
| Net income (loss) attributable to Eon Resources, Inc. |
|
|
|
$ (1,655,370)
|
|
|
|
|
$ (2,110,678)
|
|
|
|
| Weighted average share outstanding, common stock - basic and diluted (in shares) |
|
|
|
0
|
|
|
|
|
0
|
|
|
|
| Net income (loss) per share of common stock – basic and diluted (in dollars per share) |
|
|
|
$ (0.07)
|
|
|
|
|
$ (0.11)
|
|
|
|
| Accounts receivable - Crude Oil and natural gas sales |
|
|
|
$ 74,402
|
|
|
|
|
$ 74,402
|
|
|
|
| Prepaid expenses and other current assets |
|
|
|
861,056
|
|
|
|
|
861,056
|
|
|
|
| Total current assets |
|
|
|
935,458
|
|
|
|
|
935,458
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Proved Properties |
|
|
|
(1,043,485)
|
|
|
|
|
(1,043,485)
|
|
|
|
| Total oil and natural gas properties, net |
|
|
|
(1,043,485)
|
|
|
|
|
(1,043,485)
|
|
|
|
| Other noncurrent asset |
|
|
|
213,750
|
|
|
|
|
213,750
|
|
|
|
| Total Assets |
|
|
|
105,723
|
|
|
|
|
105,723
|
|
|
|
| Accounts payable |
|
|
|
(357,729)
|
|
|
|
|
(357,729)
|
|
|
|
| Accrued liabilities and other |
|
|
|
442,584
|
|
|
|
|
442,584
|
|
|
|
| Royalties payable |
|
|
|
536,896
|
|
|
|
|
536,896
|
|
|
|
| Total current liabilities |
|
|
|
621,751
|
|
|
|
|
621,751
|
|
|
|
| Asset retirement obligations |
|
|
|
(236,033)
|
|
|
|
|
(236,033)
|
|
|
|
| Deferred tax liability |
|
|
|
(69,999)
|
|
|
|
|
(69,999)
|
|
|
|
| Total for non-current liabilities |
|
|
|
2,510,550
|
|
|
|
|
2,510,550
|
|
|
|
| Total liabilities |
|
|
|
3,132,301
|
|
|
|
|
3,132,301
|
|
|
|
| Redeemable common stock |
|
|
|
800,000
|
|
|
|
|
800,000
|
|
|
|
| Additional paid in capital |
|
|
|
962,675
|
|
|
|
|
962,675
|
|
|
|
| Accumulated deficit |
|
|
|
(581,448)
|
|
|
|
|
(581,448)
|
|
|
|
| Total stockholders’ deficit attributable to EON Resources, Inc. |
|
|
|
381,187
|
|
|
|
|
381,187
|
|
|
|
| Noncontrolling Interest |
|
|
|
(4,207,765)
|
|
|
|
|
(4,207,765)
|
|
|
|
| Total Stockholders’ Equity |
|
|
|
(3,826,578)
|
|
(3,357,100)
|
|
|
(3,826,578)
|
|
|
|
| Total Liabilities, Mezzanine Equity and Stockholders Equity |
|
|
|
105,723
|
|
|
|
|
105,723
|
|
|
|
| Balance |
|
|
|
(3,357,100)
|
|
(3,450,000)
|
[1] |
|
(3,450,000)
|
[1] |
$ (3,450,000)
|
[1] |
| Net income (loss) |
|
|
|
(1,655,370)
|
|
(304,288)
|
|
|
(2,139,213)
|
|
|
|
| Balance |
|
|
|
(3,826,578)
|
|
(3,357,100)
|
|
|
(3,826,578)
|
|
|
|
| Balance - June 30, 2025 |
|
|
|
(3,647,023)
|
|
|
|
|
(3,647,023)
|
|
|
|
| Derivative liability conversion to common stock |
|
|
|
1,365,447
|
|
397,188
|
[1] |
|
|
|
|
|
| Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Accretion of asset retirement obligations |
|
|
|
(86,809)
|
|
|
|
|
(236,033)
|
|
|
|
| Deferred income tax benefit |
|
|
|
|
|
|
|
|
(69,998)
|
|
|
|
| Gain on extinguishment of liabilities |
|
|
|
1,121,825
|
|
|
|
|
1,605,938
|
|
|
|
| Accounts receivable |
|
|
|
|
|
|
|
|
(74,402)
|
|
|
|
| Prepaid expenses and other assets |
|
|
|
|
|
|
|
|
(313,457)
|
|
|
|
| Purchase of plugging & abandonment insurance bonds |
|
|
|
|
|
|
|
|
(213,750)
|
|
|
|
| Accounts payable |
|
|
|
|
|
|
|
|
(361,844)
|
|
|
|
| Accrued liabilities and other |
|
|
|
|
|
|
|
|
442,584
|
|
|
|
| Royalties payable |
|
|
|
|
|
|
|
|
536,896
|
|
|
|
| Cash Provided by (Used in) Operating Activity, Including Discontinued Operation |
|
|
|
|
|
|
|
|
(500,000)
|
|
|
|
| Investing activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Development of crude oil and gas properties |
|
|
|
|
|
|
|
|
500,000
|
|
|
|
| Net cash used in investing activities |
|
|
|
|
|
|
|
|
500,000
|
|
|
|
| Supplemental disclosure of non-cash investing and financing activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Accrued purchases of property and equipment |
|
|
|
|
|
|
|
|
(4,115)
|
|
|
|
| Revision of Prior Period, Adjustment [Member] | Nonrelated Party [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Derivative liabilities |
|
|
|
728,582
|
|
|
|
|
728,582
|
|
|
|
| Revision of Prior Period, Adjustment [Member] | Related Party [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Derivative liabilities |
|
|
|
2,088,000
|
|
|
|
|
2,088,000
|
|
|
|
| Revision of Prior Period, Adjustment [Member] | Nonembedded Derivative Liabilities [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Unrealized Gain (Loss) on Derivatives |
|
|
|
|
|
|
|
|
(885,279)
|
|
|
|
| Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Change in fair value of derivative liability |
|
|
|
|
|
|
|
|
885,279
|
|
|
|
| Revision of Prior Period, Adjustment [Member] | Embedded Derivative Financial Instruments, Related Party [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Unrealized Gain (Loss) on Derivatives |
|
|
|
449,000
|
|
|
|
|
562,000
|
|
|
|
| Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Change in fair value of derivative liability |
|
|
|
(449,000)
|
|
|
|
|
(562,000)
|
|
|
|
| Revision of Prior Period, Adjustment [Member] | Embedded Derivative Financial Instruments, Nonrelated Party [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Unrealized Gain (Loss) on Derivatives |
|
|
|
(755,558)
|
|
|
|
|
(885,279)
|
|
|
|
| Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Change in fair value of derivative liability |
|
|
|
755,558
|
|
|
|
|
885,279
|
|
|
|
| Revision of Prior Period, Adjustment [Member] | Common Class A [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Common stock |
|
|
|
(40)
|
|
|
|
|
(40)
|
|
|
|
| Revision of Prior Period, Adjustment [Member] | Common Stock [Member] | Common Class A [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Stockholders’ Equity |
|
|
|
$ (40)
|
|
$ (40)
|
|
|
$ (40)
|
|
|
|
| Balance (in shares) |
|
|
|
(400,000)
|
|
(400,000)
|
[1] |
|
(400,000)
|
[1] |
(400,000)
|
[1] |
| Balance |
|
|
|
$ (40)
|
|
$ (40)
|
[1] |
|
$ (40)
|
[1] |
$ (40)
|
[1] |
| Balance (in shares) |
|
|
|
(400,000)
|
|
(400,000)
|
|
|
(400,000)
|
|
|
|
| Balance |
|
|
|
$ (40)
|
|
$ (40)
|
|
|
$ (40)
|
|
|
|
| Derivative liability conversion to common stock |
|
|
|
0
|
|
0
|
[1] |
|
|
|
|
|
| Revision of Prior Period, Adjustment [Member] | Common Stock [Member] | Common Class B [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Stockholders’ Equity |
|
|
|
$ 0
|
|
0
|
|
|
0
|
|
|
|
| Balance (in shares) |
|
|
|
0
|
|
|
|
|
|
|
|
|
| Balance |
|
|
|
$ 0
|
|
$ 0
|
[1] |
|
0
|
[1] |
0
|
[1] |
| Balance (in shares) |
|
|
|
|
|
0
|
|
|
|
|
|
|
| Balance |
|
|
|
0
|
|
$ 0
|
|
|
0
|
|
|
|
| Derivative liability conversion to common stock |
|
|
|
0
|
|
0
|
[1] |
|
|
|
|
|
| Revision of Prior Period, Adjustment [Member] | Additional Paid-in Capital [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Stockholders’ Equity |
|
|
|
962,675
|
|
(402,772)
|
|
|
962,675
|
|
|
|
| Balance |
|
|
|
(402,772)
|
|
(799,960)
|
[1] |
|
(799,960)
|
[1] |
(799,960)
|
[1] |
| Balance |
|
|
|
962,675
|
|
(402,772)
|
|
|
962,675
|
|
|
|
| Derivative liability conversion to common stock |
|
|
|
1,365,447
|
|
397,188
|
[1] |
|
|
|
|
|
| Revision of Prior Period, Adjustment [Member] | Retained Earnings [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
|
|
|
(1,655,370)
|
|
(275,753)
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Stockholders’ Equity |
|
|
|
(401,893)
|
|
1,253,477
|
|
|
(401,893)
|
|
|
|
| Balance |
|
|
|
1,253,477
|
|
1,529,230
|
[1] |
|
1,529,230
|
[1] |
1,529,230
|
[1] |
| Net income (loss) |
|
|
|
(1,655,370)
|
|
(275,753)
|
|
|
|
|
|
|
| Balance |
|
|
|
(401,893)
|
|
1,253,477
|
|
|
(401,893)
|
|
|
|
| Derivative liability conversion to common stock |
|
|
|
0
|
|
0
|
[1] |
|
|
|
|
|
| Revision of Prior Period, Adjustment [Member] | Parent [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
|
|
|
(1,655,370)
|
|
(275,753)
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Stockholders’ Equity |
|
|
|
560,742
|
|
850,665
|
|
|
560,742
|
|
|
|
| Balance |
|
|
|
850,665
|
|
729,230
|
[1] |
|
729,230
|
[1] |
729,230
|
[1] |
| Net income (loss) |
|
|
|
(1,655,370)
|
|
(275,753)
|
|
|
|
|
|
|
| Balance |
|
|
|
560,742
|
|
850,665
|
|
|
560,742
|
|
|
|
| Derivative liability conversion to common stock |
|
|
|
1,365,447
|
|
397,188
|
[1] |
|
|
|
|
|
| Revision of Prior Period, Adjustment [Member] | Noncontrolling Interest [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
|
|
|
|
|
(28,535)
|
|
|
|
|
|
|
| Crude oil and natural gas properties, successful efforts method: |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Stockholders’ Equity |
|
|
|
(4,207,765)
|
|
(4,207,765)
|
|
|
(4,207,765)
|
|
|
|
| Balance |
|
|
|
(4,207,765)
|
|
(4,179,230)
|
[1] |
|
(4,179,230)
|
[1] |
$ (4,179,230)
|
[1] |
| Net income (loss) |
|
|
|
|
|
(28,535)
|
|
|
|
|
|
|
| Balance |
|
|
|
(4,207,765)
|
|
(4,207,765)
|
|
|
(4,207,765)
|
|
|
|
| Derivative liability conversion to common stock |
|
|
|
0
|
|
$ 0
|
[1] |
|
|
|
|
|
| Oil [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenue |
|
5,349,239
|
|
3,595,142
|
|
|
|
9,733,506
|
7,987,747
|
|
|
|
| Oil [Member] | Previously Reported [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenue |
|
|
|
3,520,740
|
|
|
|
|
7,913,345
|
|
|
|
| Oil [Member] | Revision of Prior Period, Adjustment [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenue |
|
|
|
74,402
|
|
|
|
|
74,402
|
|
|
|
| Natural Gas, Production [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenue |
|
$ 89,867
|
|
42,340
|
|
|
|
$ 170,158
|
122,372
|
|
|
|
| Natural Gas, Production [Member] | Previously Reported [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenue |
|
|
|
67,840
|
|
|
|
|
207,372
|
|
|
|
| Natural Gas, Production [Member] | Revision of Prior Period, Adjustment [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenue |
|
|
|
$ (25,500)
|
|
|
|
|
$ (85,000)
|
|
|
|
|
|