Sable Offshore Corp

For the period ended Jun 30, 2024. Filed Aug 13, 2024.

About 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

SOC$0.75-14.7%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 exhibits

Contents

Condensed Consolidated Statements of Operations

Successor · Predecessor · Successor · Predecessor
	Three Months Ended June 30, 2024	Three Months Ended June 30, 2023	February 14, 2024—June 30, 2024	January 1, 2024—February 13, 2024	Six Months Ended June 30, 2023
Revenue
Oil and gas sales	$—	$—	$—	$—	$—
Total revenue	—	—	—	—	—
Operating Expenses
Operations and maintenance expenses	26,294	14,113	33,612	7,320	28,909
Depletion, depreciation, amortization and accretion	2,724	5,254	4,101	2,627	10,509
General and administrative expenses	33,217	2,948	183,665	1,714	6,085
Total operating expenses	62,235	22,315	221,378	11,661	45,503
Loss from operations	(62,235)	(22,315)	(221,378)	(11,661)	(45,503)
Other (income) expenses:
Change in fair value of warrant liabilities	81,178	—	79,415	—	—
Other (income) expense	(2,301)	(7)	(2,800)	128	(2)
Interest expense	19,175	—	28,976	—	—
Total other (income) expense, net	98,052	(7)	105,591	128	(2)
Loss before income taxes	(160,287)	(22,308)	(326,969)	(11,789)	(45,501)
Income tax expense	5,149	—	18,572	—	—
Net loss	$(165,436)	$(22,308)	$(345,541)	$(11,789)	$(45,501)
Basic and diluted net loss per Common Stock
Weighted average Common Stock outstanding, basic and diluted	60,166,269	n/a	60,166,269	n/a	n/a
Basic and diluted net loss per Common Stock	$(2.75)	n/a	$(5.74)	n/a	n/a

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.