US ENERGY CORP
For the period ended Sep 30, 2024. Filed Nov 12, 2024.
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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.
Sep 30, 2024 · Filed Nov 12, 2024
BSIN$1.330.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Changes in Shareholders’ Equity (unaudited)
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES
IN SHAREHOLDERS’** EQUITY**
FOR THE nine months ended September 30, 2024 and 2023
(in thousands, except share amounts)
| Additional | |||||
|---|---|---|---|---|---|
| Common Stock · Paid-in · Accumulated | |||||
| Shares | Amount | Capital | Deficit | Total | |
| Balances, December 31, 2022 | 25,023,812 | $250 | $216,690 | $(138,586) | $78,354 |
| Stock-based compensation | - | - | 727 | - | 727 |
| Shares issued upon vesting of restricted stock awards | 273,000 | 3 | (3) | - | - |
| Shares withheld to settle tax withholding obligations for restricted stock awards | (62,140) | (1) | (149) | - | (150) |
| Cash dividends, $0.0225 per share | - | - | - | (596) | (596) |
| Net income (loss) | - | - | - | (1,247) | (1,247) |
| Balances, March 31, 2023 | 25,234,672 | $252 | $217,265 | $(140,429) | $77,088 |
| Stock-based compensation | - | - | 607 | - | 607 |
| Cash dividends, $0.0225 per share | - | - | - | (596) | (596) |
| Share repurchases | (163,300) | (1) | (240) | - | (241) |
| Net income (loss) | - | - | - | (2,515) | (2,515) |
| Balances, June 30, 2023 | 25,071,372 | $251 | $217,632 | $(143,540) | $74,343 |
| Shares issued upon vesting of restricted stock awards | 435,198 | 4 | (4) | - | - |
| Stock-based compensation | - | - | 617 | - | 617 |
| Net income | - | - | - | (8,788) | (8,788) |
| Balances, September 30, 2023 | 25,506,570 | $255 | $218,245 | $(152,328) | $66,172 |
| Balances, December 31, 2023 | 25,333,870 | $253 | $218,403 | $(172,134) | $46,522 |
| Stock-based compensation | - | - | 200 | - | 200 |
| Shares issued upon vesting of restricted stock awards | 426,104 | 4 | (4) | - | - |
| Shares withheld to settle tax withholding obligations for restricted stock awards | (98,761) | (1) | (104) | - | (105) |
| Share repurchases | (318,200) | (3) | (334) | - | (337) |
| Net income (loss) | - | - | - | (9,537) | (9,537) |
| Balances, March 31, 2024 | 25,343,013 | $253 | $218,161 | $(181,671) | $36,743 |
| Shares issued for acquisition of helium properties | 2,600,000 | 26 | 2,652 | - | 2,678 |
| Stock-based compensation | - | - | 476 | - | 476 |
| Shares issued upon vesting of restricted stock awards | 280,000 | 3 | (3) | - | - |
| Shares withheld to settle tax withholding obligations for restricted stock awards | (24,754) | - | (27) | - | (27) |
| Share repurchases | (145,300) | (1) | (167) | - | (168) |
| Net income (loss) | - | - | - | (1,974) | (1,974) |
| Balances, June 30, 2024 | 28,052,959 | $281 | $221,092 | $(183,645) | $37,728 |
| Stock-based compensation | - | - | 274 | - | 274 |
| Shares issued upon vesting of restricted stock awards | 2,000 | - | - | - | - |
| Shares withheld to settle tax withholding obligations for restricted stock awards | (346) | (1) | - | (1) | |
| Share repurchases | (19,000) | - | (20) | - | (20) |
| Net loss | - | - | - | (2,247) | (2,247) |
| Balances, September 30, 2024 | 28,035,613 | $280 | $221,346 | $(185,892) | $35,734 |
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