Epsilon Energy Ltd.
For the period ended Mar 31, 2026. Filed May 13, 2026.
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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.
Mar 31, 2026 · Filed May 13, 2026
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General and Administrative
General and Administrative (“G&A”)
| | | | | | | |
|---|---|---|---|---|---|---|
| · · Three months ended March 31, | ||||||
| · · 2026 · · 2025 | ||||||
| General and administrative expenses | | | | | | |
| Stock based compensation expense | | $547,527 | | $385,838 | ||
| Other general and administrative expense | | | 3,378,142 | | | 1,818,418 |
| Total general and administrative expenses | | $3,925,669 | | $2,204,256 | ||
G&A expenses consist of general corporate expenses such as compensation, legal, accounting and professional fees, consulting services, travel and other related corporate costs such as restricted stock granted.
G&A expenses for the three months ended March 31, 2026 increased by $ 1.7 million, or 78%, from the same period in 2025. This was primarily due to $1.4 million increased compensation expenses related to the addition of 17 full-time employees as a result of the Peak acquisition and 6 former Peak employees on transition services contracts.
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