Prairie Operating Co.
For the period ended Dec 31, 2025. Filed Mar 31, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 31, 2026
PROP$0.36-2.5%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 exhibitsContents
Item 8. Financial Statements and Supplementary Data
| Item 8. | Financial Statements and Supplementary Data |
|---|
| Table of Contents | Page |
|---|---|
| Report of Independent Registered Public Accounting Firm (PCAOB ID: 34) | 56 |
| Report of Independent Registered Public Accounting Firm (PCAOB ID: 298) | 58 |
| Consolidated Balance Sheets as of December 31, 2025 and 2024 | 59 |
| Consolidated Statements of Operations for the Years Ended December 31, 2025 and 2024 | 60 |
| Consolidated Statement of Stockholders’ Equity for the Years Ended December 31, 2025 and 2024 | 61 |
| Consolidated Statements of Cash Flows for the Years Ended December 31, 2025 and 2024 | 62 |
| Notes to Consolidated Financial Statements | 63 |
| Note 1 – Organization, Description of Business, and Basis of Presentation | 63 |
| Note 2 – Summary of Significant Accounting Policies | 64 |
| Note 3 – Acquisitions | 69 |
| Note 4 – Discontinued Operations | 72 |
| Note 5 – Derivative Instruments | 72 |
| Note 6 – Fair Value Measurements | 74 |
| Note 7 – Property and Equipment, net | 78 |
| Note 8 – Asset Retirement Obligation | 79 |
| Note 9 – Accounts Payable and Accrued Expenses | 79 |
| Note 10 – Debt | 79 |
| Note 11 – Leases | 82 |
| Note 12 – Commitments and Contingencies | 83 |
| Note 13 – Mezzanine Equity | 84 |
| Note 14 – Stockholders’ Equity | 85 |
| Note 15 – Common Stock Options and Warrants | 87 |
| Note 16 – Long–Term Incentive Compensation | 89 |
| Note 17 – Earnings Per Share | 91 |
| Note 18 – Income Taxes | 92 |
| Note 19 – Related Party Transactions | 93 |
| Note 20 – Subsequent Events | 95 |
| Note 21 – Supplemental Oil and Gas Disclosures (Unaudited) | 95 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.