Epsilon Energy Ltd
For the period ended Jun 30, 2024. Filed Aug 13, 2024.
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, 2024 · Filed Aug 13, 2024
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General and Administrative
General and Administrative (“G&A”)
| · · · · · · · · · · · · | ||||||||
|---|---|---|---|---|---|---|---|---|
| · · Three months ended June 30, · · Six months ended June 30, | ||||||||
| · 2024 · 2023 · 2024 · 2023 | ||||||||
| General and administrative | | $1,791,804 | | $1,776,374 | | $3,672,396 | | $3,979,895 |
G&A expenses consist of general corporate expenses such as compensation, legal, accounting and professional fees, consulting services, travel and other related corporate costs such as restricted stock units granted.
G&A expenses decreased by $0.3 million, or 8%, during the six months ended June 30, 2024 from the same period in 2023. This was primarily due to lower cash compensation costs and lower legal fees. G&A expenses during the three months ended June 30, 2024 and 2023 were unchanged.
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