Epsilon Energy Ltd.

For the period ended Jun 30, 2026. Filed Aug 12, 2026.

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.

Jun 30, 2026 · Filed Aug 12, 2026

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

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

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Contents

Unaudited Condensed Consolidated Balance Sheets


· · June 30, · · December 31,
· · 2026 · · 2025
ASSETS
Current assets
Cash and cash equivalents	$11,169,421	$8,959,954
Accounts receivable	17,476,445	16,132,501
Fair value of derivatives	694,977	2,694,340
Prepaid income taxes	2,994,982	2,949,311
Other current assets	1,462,462	1,847,672
Total current assets	33,798,287	32,583,778
Non-current assets
Property and equipment:
Oil and gas properties, successful efforts method
Proved properties	245,787,578	233,334,212
Unproved properties	80,341,257	79,307,169
Accumulated depletion, depreciation, amortization and impairment	(136,623,569)	(131,636,141)
Total oil and gas properties, net	189,505,266	181,005,240
Gathering system	43,428,789	43,540,389
Accumulated depletion, depreciation, amortization and impairment	(37,849,676)	(37,472,139)
Total gathering system, net	5,579,113	6,068,250
Land	1,231,965	1,231,965
Buildings and other property and equipment, net	4,036,238	4,132,732
Total property and equipment, net	200,352,582	192,438,187
Other assets:
Operating lease right-of-use assets, long term	371,181	488,949
Restricted cash	553,000	553,000
Fair value of derivatives, long term	33,114	1,154,936
Deferred financing costs	673,754	774,347
Prepaid drilling costs	661,803	246,220
Total non-current assets	202,645,434	195,655,639
Total assets	$236,443,721	$228,239,417

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities
Accounts payable trade	$19,129,836	$11,148,050
Gathering fees payable	938,041	1,076,143
Royalties payable	9,902,986	8,702,526
Accrued capital expenditures	486,548	24,888
Accrued compensation	1,081,171	1,056,304
Other accrued liabilities	2,618,815	2,682,090
Fair value of derivatives	686,882	—
Operating lease liabilities	272,063	271,494
Total current liabilities	35,116,342	24,961,495
Non-current liabilities
Credit facility payable	40,500,000	50,500,000
Ad valorem taxes, long term	7,411,971	7,411,971
Asset retirement obligations	7,676,996	7,437,960
Fair value of derivatives, long term	97,675	—
Deferred income taxes	15,527,679	12,855,585
Operating lease liabilities, long term	202,015	340,052
Total non-current liabilities	71,416,336	78,545,568
Total liabilities	106,532,678	103,507,063
Commitments and contingencies (Note 10)
Shareholders' equity
Preferred shares, no par value, unlimited shares authorized, none issued or outstanding	—	—
Common shares, no par value, unlimited shares authorized and 30,248,617 shares issued and outstanding at June 30, 2026 and 30,239,980 shares issued and outstanding at December 31, 2025	154,274,125	154,274,125
Additional paid-in capital	14,958,878	13,863,824
Accumulated deficit	(49,214,176)	(53,302,162)
Accumulated other comprehensive income	9,892,216	9,896,567
Total shareholders' equity	129,911,043	124,732,354
Total liabilities and shareholders' equity	$236,443,721	$228,239,417

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.