New ERA Energy & Digital, Inc.
For the period ended Jun 30, 2025. Filed Aug 14, 2025.
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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.
Jun 30, 2025 · Filed Aug 14, 2025
NUAI$2.07+27.0%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Financial Statements (Unaudited)Consolidated Balance Sheets as of June 30, 2025 (unaudited) and December 31, 2024
CONSOLIDATED BALANCE SHEETS
| June 30, 2025 | December 31, 2024 | |
|---|---|---|
| (Unaudited) | ||
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $5,199,825 | $1,053,744 |
| Accounts receivable, net | 969,458 | 851,304 |
| Prepaid expenses and other current assets | 730,086 | 967,176 |
| Restricted investments | 1,360,117 | 1,333,789 |
| Total current assets | 8,259,486 | 4,206,013 |
| Oil and natural gas properties, net (full cost) | 482,909 | 790,093 |
| Property, plant and equipment, net | 4,598,909 | 3,809,742 |
| Equity facility derivative asset | 158,255 | 16,999 |
| Investment in joint venture | 75,000 | - |
| Prepaid expenses – non-current | 240,000 | 360,000 |
| TOTAL ASSETS | $13,814,559 | $9,182,847 |
| LIABILITIES AND STOCKHOLDERS’ DEFICIT | ||
| Current liabilities | ||
| Accounts payable | $942,214 | $1,730,610 |
| Accrued liabilities | 486,590 | 319,327 |
| Excise taxes payable | 1,351,061 | 1,155,726 |
| Withholding taxes payable | 770,046 | 594,561 |
| Share issuance liability | — | 423,750 |
| Notes payable – current | 2,304,153 | — |
| Convertible note, net of discount | 5,256,904 | 2,233,712 |
| Embedded derivative liability | 480,490 | — |
| Due to related parties | — | 1,354 |
| Other current liabilities | 52,557 | 47,577 |
| Total current liabilities | 11,644,015 | 6,506,617 |
| Embedded derivative liability | — | 309,181 |
| Asset retirement obligation | 2,307,928 | 2,198,064 |
| Notes payable – noncurrent | — | 2,217,823 |
| Total liabilities | 13,951,943 | 11,231,685 |
| Commitments and Contingencies (Note 15) | ||
| Stockholders’ Deficit | ||
| Preferred stock, $0.0001 par value, 5,000,000 shares authorized; none issued or outstanding as of June 30, 2025, and December 31,2024 | — | — |
| Common stock, $0.0001 par value, 245,000,000 shares authorized, 25,656,628 issued and 25,482,270 outstanding at June 30, 2025; 70,000,000 shares authorized, 13,165,152 issued and 12,990,794 shares outstanding at December 31, 2024 | 2,567 | 1,318 |
| Treasury stock, 174,358 shares at June 30, 2025 and December 31, 2024 | (17) | (17) |
| Additional paid-in capital | 20,558,565 | 11,722,100 |
| Accumulated deficit | (20,698,499) | (13,772,239) |
| Total Stockholders’ Deficit | (137,384) | (2,048,838) |
| TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT | $13,814,559 | $9,182,847 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.