BIG SKY INDUSTRIAL INC.
For the period ended Jun 30, 2026. Filed Aug 11, 2026.
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.
Jun 30, 2026 · Filed Aug 11, 2026
BSIN$1.31-1.5%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
Condensed Consolidated Balance Sheets (unaudited)
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands, except share and per share amounts)
| June 30, 2026 | December 31, 2025 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and equivalents | $5,987 | $429 |
| Oil and natural gas sales receivables | 629 | 454 |
| Marketable equity securities | 116 | 146 |
| Commodity derivative | 147 | - |
| Other current assets | 1,030 | 956 |
| Total current assets | 7,909 | 1,985 |
| Oil and natural gas properties under full cost method and industrial gas properties: | ||
| Evaluated oil and natural gas properties | 132,654 | 132,459 |
| Less accumulated depreciation, depletion and amortization | (117,904) | (117,237) |
| Net oil and natural gas properties | 14,750 | 15,222 |
| Unproved industrial gas properties, not subject to amortization | 32,353 | 22,479 |
| Other Assets: | ||
| Property and equipment, net | 320 | 318 |
| Right-of-use asset | 266 | 356 |
| Commodity derivative | 20 | - |
| Other assets | 329 | 270 |
| Total other assets | 935 | 944 |
| Total assets | $55,947 | $40,630 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities | $1,876 | $1,592 |
| Revenue and royalties payable | 3,954 | 3,921 |
| Asset retirement obligations | 476 | 300 |
| Current lease obligation | 217 | 210 |
| Total current liabilities | 6,523 | 6,023 |
| Noncurrent liabilities: | ||
| Credit facility | 4,500 | 2,500 |
| Asset retirement obligations | 7,790 | 7,706 |
| Long-term lease obligation, net of current portion | 95 | 206 |
| Total noncurrent liabilities | 12,385 | 10,412 |
| Total liabilities | 18,908 | 16,435 |
| Commitments and contingencies (Note 8) | ||
| Shareholders’ equity: | ||
| Common stock, $0.01 par value; 245,000,000 shares authorized; 52,487,506 and 34,405,143 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively | 525 | 345 |
| Additional paid-in capital | 253,891 | 235,762 |
| Accumulated deficit | (217,377) | (211,912) |
| Total shareholders’ equity | 37,039 | 24,195 |
| Total liabilities and shareholders’ equity | $55,947 | $40,630 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.