Tamboran Resources 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
TBN$28.64-0.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
| Note | September 30,2024 | June 30,2024 | |
|---|---|---|---|
| ASSETS | |||
| Current assets | |||
| Cash and cash equivalents | $74,042,004 | $74,745,897 | |
| Trade and other receivables: | |||
| Joint interest billing | 3,096,440 | 10,298,322 | |
| ATO receivable | 1,471,724 | 700,115 | |
| Other tax receivables | 10,124 | 11,514 | |
| Assets held for sale | 3 | 7,990,000 | 8,366,000 |
| Prepaid expenses and other current assets | 3,350,342 | 3,209,033 | |
| Total current assets | 89,960,634 | 97,330,881 | |
| Natural gas properties, successful efforts method: | |||
| Unproved properties | 3 | 259,656,933 | 230,119,448 |
| Assets under construction - natural gas equipment | 3 | 10,411,399 | 7,542,064 |
| Property, plant and equipment, net | 3 | 74,792 | 102,244 |
| Operating lease right-of-use assets | 4 | 1,019,104 | 962,052 |
| Finance lease right-of-use assets | 4 | 18,164,738 | 20,697,452 |
| Prepaid expenses and other non-current assets | 1,932,677 | 1,889,890 | |
| Total non-current assets | 291,259,643 | 261,313,150 | |
| TOTAL ASSETS | $381,220,277 | $358,644,031 | |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | |||
| Current liabilities | |||
| Accounts payable and accrued expenses | 5 | $16,125,305 | $14,832,599 |
| Current portion of operating lease obligations | 4 | 360,801 | 397,999 |
| Current portion of finance lease obligations | 4 | 18,220,258 | 12,767,400 |
| Total current liabilities | 34,706,364 | 27,997,998 | |
| Operating lease obligations | 4 | 725,571 | 587,250 |
| Finance lease obligations | 4 | 9,556,380 | 14,141,713 |
| Asset retirement obligations | 6 | 9,091,902 | 8,140,992 |
| Other non-current liabilities | 98,772 | 90,378 | |
| Total non-current liabilities | 19,472,625 | 22,960,333 | |
| Total liabilities | 54,178,989 | 50,958,331 | |
| Commitments and contingencies (Note 11) | |||
| Stockholders’ equity | |||
| Common stock, $0.001 par value, 10,000,000,000 and unlimited common stock authorized; 14,224,274 and 13,915,524 shares issued and outstanding at September 30, 2024 and June 30, 2024, respectively. | 7 | 14,224 | 13,915 |
| Additional paid-in capital | 412,654,014 | 404,594,023 | |
| Accumulated other comprehensive loss | (792,014) | (11,512,975) | |
| Accumulated deficit | (136,274,345) | (130,379,771) | |
| Total Tamboran Resources Corporation stockholders’ equity | 275,601,879 | 262,715,192 | |
| Noncontrolling interest | 51,439,409 | 44,970,508 | |
| Total stockholders’ equity | 327,041,288 | 307,685,700 | |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $381,220,277 | $358,644,031 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.