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Midas Edge

Epsilon Energy Ltd.

For the period ended Sep 30, 2025. Filed Nov 5, 2025.

View on SEC.gov

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2025 · Filed Nov 5, 2025

EPSN$5.24+0.8%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income

​​​​​​​​​​​​​
​ · ​ · Three months ended September 30, · ​ · Nine months ended September 30,
​2025202420252024
Revenues from contracts with customers:​​​​​​​​​​​​
Gas, oil, NGL, and condensate revenue​$7,536,248​$6,203,953​$31,586,766​$18,118,368
Gas gathering and compression revenue​​1,445,211​​1,083,988​​5,182,566​​4,464,134
Total revenue​​8,981,459​​7,287,941​​36,769,332​​22,582,502
​​​​​​​​​​​​​
Operating costs and expenses:​​​​​​​​​​​​
Lease operating expenses​​2,397,052​​2,099,501​​7,615,735​​5,517,830
Gathering system operating expenses​​563,542​​490,325​​1,729,988​​1,692,862
Depletion, depreciation, amortization, and accretion​​2,570,462​​2,698,812​​9,247,973​​7,127,641
Impairment expense​​—​​—​​2,676,669​​—
General and administrative expenses:​​​​​​​​​​​​
Stock based compensation expense​​376,613​​309,109​​1,148,289​​944,267
Other general and administrative expenses​​2,467,785​​1,449,576​​5,748,081​​4,486,814
Total operating costs and expenses​​8,375,454​​7,047,323​​28,166,735​​19,769,414
Operating income​​606,005​​240,618​​8,602,597​​2,813,088
​​​​​​​​​​​​​
Other income (expense):​​​​​​​​​​​​
Interest income​​84,894​​60,693​​117,440​​435,908
Interest expense​​(11,666)​​(17,598)​​(43,783)​​(35,117)
Gain on derivative contracts, net​​964,307​​440,712​​2,076,000​​245,095
Other income (expense), net​​5,252​​9,994​​(28,086)​​111,067
Other income, net​​1,042,787​​493,801​​2,121,571​​756,953
​​​​​​​​​​​​​
Net income before income tax expense​​1,648,792​​734,419​​10,724,168​​3,570,041
Income tax expense​​576,497​​368,398​​4,084,378​​881,464
NET INCOME​$1,072,295​$366,021​$6,639,790​$2,688,577
Currency translation adjustments​​(42,676)​​39,845​​(168,288)​​62,438
Unrealized loss on securities​​—​​—​​—​​(1,598)
NET COMPREHENSIVE INCOME​$1,029,619​$405,866​$6,471,502​$2,749,417
​​​​​​​​​​​​​
Net income per share, basic​$0.05​$0.02​$0.30​$0.12
Net income per share, diluted​$0.05​$0.02​$0.30​$0.12
Weighted average number of shares outstanding, basic​​22,017,310​​21,948,519​​22,028,248​​21,954,803
Weighted average number of shares outstanding, diluted​​22,159,532​​22,155,292​​22,170,223​​22,000,881
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.