v3.26.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Dec. 31, 2024
Revenues            
Revenues $ 6,485,716 $ 4,632,050 $ 7,453,909 $ 9,137,148 $ 16,936,564 $ 19,418,919
Expenses            
Production taxes, transportation and processing 702,775 315,341 1,116,779 712,557 1,626,360 1,715,792
Lease operating 2,511,297 2,359,042 5,039,610 4,549,809 10,274,781 8,614,080
Depletion, depreciation and amortization 2,136,209 458,190 3,927,185 555,265 [1] 3,170,092 2,407,098
Accretion of asset retirement obligations 32,864 8,513 64,539 15,505 [1] 46,426 144,988
General and administrative 2,375,349 1,808,345 4,781,920 3,617,235 12,080,450 10,381,095
Total expenses 7,758,494 4,949,431 14,930,033 9,450,371 27,198,109 23,263,053
Operating income (loss) (1,272,778) (317,381) (7,476,124) (313,223) (10,261,545) (3,844,134)
Other Income (expenses)            
Change in fair value of warrant liability 10,030 (152,490) [1] (152,490) (804,004)
Change in fair value of convertible note liability (1,931) (131,677) (131,677) (192,744)
Change in fair value of FPA liability         561,099
Change in fair value of derivative liabilities 348,821 (755,558) (89,816) (885,279) [1] (2,070,278)
Change in fair value of derivative liabilities, related party 435,000 449,000 506,000 562,000 [1] 341,000 (746,000)
Gain (Loss) on extinguishment of liabilities (914,518) (1,306,337) [1] 540,347 1,638,138
Gain/Loss on sale of assets         13,379,040
Amortization of debt discount (607,562) (332,447) (1,093,830) (669,817) (1,475,191) (2,361,627)
Interest expense (175,618) (1,649,656) (435,999) (3,393,902) (4,892,170) (7,643,200)
Interest income 3,283 22,353 5,206 39,028 49,700 58,793
Other Income (expense) 201 201 36,989
Total other income (expenses) 3,924 (3,172,727) (1,108,439) (5,938,273) 5,588,482 (9,452,556)
Loss before income taxes (1,268,854) (3,490,108) (8,584,563) (6,251,496) (4,673,063) (13,296,690)
Income tax (provision) benefit 576,270 534,259 2,119,384 1,239,128 (2,821,554) 3,470,407
Net income (loss) (692,584) (2,955,849) (6,465,179) (5,012,368) [1] (7,494,617) (9,826,283)
Net loss attributable to noncontrolling interests 28,535 28,535 1,697,604
Net income (loss) attributable to EON Resources, Inc. $ (692,584) $ (2,955,849) $ (6,465,179) $ (4,983,833) $ (7,466,082) $ (8,128,679)
Weighted average share outstanding, common stock – basic (in Shares) 55,424,861 22,575,043 54,766,929 18,809,177 31,191,907 6,477,052
Weighted average share outstanding, common stock – diluted (in Shares) 55,424,861 22,575,043 54,766,929 18,809,177 31,191,907 6,477,052
Net income (loss) per share of common stock – basic (in Dollars per share) $ (0.01) $ (0.13) $ (0.12) $ (0.26) $ (0.24) $ (1.25)
Net income (loss) per share of common stock – diluted (in Dollars per share) $ (0.01) $ (0.13) $ (0.12) $ (0.26) $ (0.24) $ (1.25)
Crude oil            
Revenues            
Revenues $ 5,349,239 $ 3,595,142 $ 9,733,506 $ 7,987,747 $ 15,621,918 $ 19,298,698
Natural gas and natural gas liquids            
Revenues            
Revenues 89,867 42,340 170,158 122,372 268,440 483,486
Gain (loss) on derivative instruments, net            
Revenues            
Revenues 948,001 889,479 (2,631,474) 804,408 663,010 (850,374)
Other revenue            
Revenues            
Revenues $ 98,609 $ 105,089 $ 181,719 $ 222,621 $ 383,196 $ 487,109
[1] As restated represents restatements previously disclosed in the Company's Form 10-K/A for the year ended December 31, 2025. See Note 11