HALLADOR ENERGY CO

For the period ended Dec 31, 2024. Filed Mar 17, 2025.

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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.

FY2024 · Filed Mar 17, 2025

HNRG$10.59+4.9%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets

As of December 31,



	2024	2023
ASSETS
Current assets:
Cash and cash equivalents	$7,232		$2,842
Restricted cash	4,921		4,281
Accounts receivable	15,438		19,937
Inventory	36,685		23,075
Parts and supplies	39,104		38,877
Prepaid expenses	1,478		2,262
Assets held-for-sale	—		1,540
Total current assets	104,858		92,814
Property, plant and equipment:
Land and mineral rights	70,307		115,486
Buildings and equipment	429,857		537,131
Mine development	92,458		158,642
Finance lease right-of-use assets	13,034		12,346
Total property, plant and equipment	605,656		823,605
Less - accumulated depreciation, depletion and amortization	(347,952)		(334,971)
Total property, plant and equipment, net	257,704		488,634
Equity method investments	2,607		2,811
Other assets	3,951		5,521
Total assets	$369,120		$589,780

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Current portion of bank debt, net	$4,095		$24,438
Accounts payable and accrued liabilities	44,298		62,908
Current portion of lease financing	6,912		3,933
Contract liabilities - current	97,598		66,316
Total current liabilities	152,903		157,595
Long-term liabilities:
Bank debt, net	37,394		63,453
Convertible notes payable	—		10,000
Convertible notes payable - related party	—		9,000
Long-term lease financing	8,749		8,157
Deferred income taxes	—		9,235
Asset retirement obligations	14,957		14,538
Contract liabilities - long-term	49,121		47,425
Other	1,711		1,789
Total long-term liabilities	111,932		163,597
Total liabilities	264,835		321,192
Commitments and contingencies (Note 22)
Stockholders' equity:
Preferred stock, $.10 par value, 10,000 shares authorized; none issued	—		—
Common stock, $.01 par value, 100,000 shares authorized; 42,621 and 34,052 issued and outstanding, as of December 31, 2024 and December 31, 2023, respectively	426		341
Additional paid-in capital	189,298		127,548
Retained earnings (deficit)	(85,439)		140,699
Total stockholders’ equity	104,285		268,588
Total liabilities and stockholders’ equity	$369,120		$589,780

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.