New ERA Energy & Digital, Inc.
For the period ended Sep 30, 2025. Filed Nov 13, 2025.
View on SEC.govAbout 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 13, 2025
NUAI$2.07+27.0%Stored close · as of Nov 6, 2026
Contents
Item 1. Consolidated Balance Sheets as of September 30, 2025 (unaudited) and December 31, 2024
CONSOLIDATED BALANCE SHEETS
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| ASSETS · (Unaudited) | ||
| Current Assets | ||
| Cash and cash equivalents | $14,164,499 | $1,053,744 |
| Accounts receivable, net | 945,016 | 851,304 |
| Prepaid expenses and other current assets | 586,112 | 967,176 |
| Restricted investments | 1,372,916 | 1,333,789 |
| Total Current Assets | 17,068,543 | 4,206,013 |
| Oil and natural gas properties, net | 309,445 | 790,093 |
| Property and equipment, net | 5,079,710 | 3,809,742 |
| Equity facility derivative asset | 6,998 | 16,999 |
| Investment in Joint Venture | 783,195 | - |
| Prepaid - non-current | 180,000 | 360,000 |
| Total Assets | 23,427,891 | 9,182,847 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | ||
| Current Liabilities | ||
| Accounts payable | 1,024,052 | 1,730,610 |
| Accrued liabilities | 1,180,255 | 319,327 |
| Excise taxes payable | 1,376,998 | 1,155,726 |
| Withholding taxes payable | 785,032 | 594,561 |
| Share issuance liability | - | 423,750 |
| Notes payable - current | 2,349,314 | - |
| Convertible note, net of discount - current | 1,378,255 | 2,233,712 |
| Embedded derivative liability - Current | 24,007 | - |
| Due to related parties | - | 1,354 |
| Other current liabilities | 6,149 | 47,577 |
| Total Current Liabilities | 8,124,062 | 6,506,617 |
| Embedded derivative liability | - | 309,181 |
| Asset retirement obligation | 2,362,860 | 2,198,064 |
| Notes payable - non-current | - | 2,217,823 |
| Total Liabilities | 10,486,922 | 11,231,685 |
| Commitments and Contingencies (Note 15) | ||
| Stockholders’ Equity (Deficit) | ||
| Preferred stock, $0.0001 par value, 5,000,000 shares authorized; none issued or outstanding as of September 30, 2025, and December 31,2024 | - | - |
| Common stock, $0.0001 par value, 245,000,000 shares authorized, 53,128,529 issued and 52,954,171 outstanding at September 30, 2025; 70,000,000 shares authorized, 13,165,152 issued and 12,990,794 shares outstanding at December 31, 2024 | 5,316 | 1,318 |
| Treasury stock, 174,358 shares at September 30, 2025 and December 31, 2024 | (17) | (17) |
| Additional Paid-in Capital | 39,417,342 | 11,722,100 |
| Retained earnings/(Accumulated deficit) | (26,481,672) | (13,772,239) |
| Total Stockholders’ Equity (Deficit) | 12,940,969 | (2,048,838) |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | 23,427,891 | 9,182,847 |
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