EON Resources Inc.
For the period ended Dec 31, 2025. Filed Sep 28, 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 Sep 28, 2026
EONR$0.26-5.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
| Year Ended December 31, 2025 · Year Ended December 31, 2024 | ||||
|---|---|---|---|---|
| Operating activities: | ||||
| Net income (loss) | $(10,126,617) | $(9,826,283) | ||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, depletion, and amortization expense | 6,710,092 | 2,407,098 | ||
| Accretion of asset retirement obligations | 46,426 | 144,988 | ||
| Equity-based compensation | 1,067,140 | 2,778,991 | ||
| Deferred income tax provision (benefit) | 1,266,659 | (3,470,407) | ||
| Amortization of debt issuance costs | 1,475,191 | 2,361,627 | ||
| Gain on extinguishment of liabilities | (540,347) | (1,638,138) | ||
| Change in fair value of unsettled hedging derivatives | 43,063 | 361,290 | ||
| Change in fair value of convertible note liability | 131,677 | 192,744 | ||
| Change in fair value of warrant liability | 152,490 | 804,004 | ||
| Change in fair value of derivative liability | 2,070,278 | - | ||
| Change in fair value of derivative liability, related party | (341,000) | 746,000 | ||
| Change in fair value of forward purchase agreement | - | (561,099) | ||
| Loss on put option liability | - | - | ||
| Gain on sale of Oil and Gas properties | (13,379,040) | - | ||
| Changes in operating assets and liabilities: | ||||
| Accounts receivable | 344,321 | 411,240 | ||
| Prepaid expenses and other assets | (481,643) | 423,116 | ||
| Purchase of plugging and abandonment insurance bonds | (1,891,348) | - | ||
| Accounts payable | (458,308) | 3,024,413 | ||
| Accounts payable – related parties | (337,567) | (316,651) | ||
| Accrued liabilities and other | 4,898,434 | 3,018,930 | ||
| Royalties payable | 1,837,244 | 2,729,398 | ||
| Royalties payable, related party | (132,563) | 109,425 | ||
| Net cash (used in) provided by operating activities | (7,645,418) | 3,700,686 | ||
| Investing activities: | ||||
| Development of crude oil and gas properties | (6,563,949) | (3,555,062) | ||
| Purchases of oil and gas properties | (13,675,000) | - | ||
| Purchases of other equipment | - | (20,000) | ||
| Proceeds from Sale of ORRI on leasehold | 45,500,000 | - | ||
| Net cash provided by (used in) investing activities | 25,261,051 | (3,575,062) | ||
| Financing activities: | ||||
| Proceeds from issuance of convertible debt | 561,120 | - | ||
| Repayments of long-term debt | (29,215,898) | (3,984,286) | ||
| Proceeds of short-term notes payable | 3,312,550 | 1,298,200 | ||
| Repayment of short-term notes payable | (3,572,179) | (989,018) | ||
| Proceeds from related party notes payable | - | 450,000 | ||
| Repayment of related party notes payable | - | (62,750) | ||
| Proceeds from sale of common stock | 8,502,252 | 2,628,334 | ||
| Proceeds from related party loans | 200,000 | - | ||
| Net cash used in financing activities | (20,212,155) | (659,520) | ||
| Net change in cash and cash equivalents | (2,596,522) | (533,896) | ||
| Cash and cash equivalents at beginning of period | 2,971,558 | 3,505,454 | ||
| Cash and cash equivalents at end of period | $375,036 | $2,971,558 | ||
| Cash paid during the period for: | ||||
| Interest on debt | $3,345,169 | $6,146,139 | ||
| Income taxes | $ | - | $ | - |
| Amounts included in the measurement of operating lease liabilities | $ | - | $ | - |
| Supplemental disclosure of non-cash investing and financing activities: | ||||
| Shares issued for acquisition of O&G Lease | $547,600 | $ | - | |
| Accrued purchases of property and equipment at period end | $308,700 | $2,540,703 | ||
| Shares issued for prepaid O&G equipment | $547,600 | $ | - | |
| Class B exchanged for Class A | $3,385,000 | $8,801,000 | ||
| Establishment of ARO liability for new lease | $130,076 | $ | - | |
| Capitalization of additional ARO Liability for changes in future cash flows | $55,360 | $ | - | |
| Shares issued for conversion of notes payable | $8,485,428 | $ | - | |
| Shares issued for buyout of NCI | $17,012,649 | $ | - | |
| Capital Contribution for related party extinguishment | $13,440,406 | $ | - | |
| Derivative liability converted to common stock | $3,440,412 | $ | - | |
| Derivative liability added as debt discount on issuance of new convertible notes payable | $171,561 | $ | - | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.