v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2025
Jun. 30, 2024
Current assets    
Cash and cash equivalents $ 25,635,594 $ 74,745,897
Trade and other receivables:    
Joint interest billing 7,584,436 10,298,322
ATO receivable 1,748,822 700,115
Other tax receivables 39,172 11,514
Assets held for sale 0 8,366,000
Prepaid expenses and other current assets 2,939,173 3,209,033
Total current assets 37,947,197 97,330,881
Property, plant and equipment, net 236,000 102,244
Operating lease right-of-use assets 736,944 962,052
Finance lease right-of-use assets 18,864,368 20,697,452
Prepaid expenses and other non-current assets 2,850,359 1,889,890
Total non-current assets 343,575,757 261,313,150
TOTAL ASSETS 381,522,954 358,644,031
Current liabilities    
Accounts payable and accrued expenses 20,372,870 14,832,599
Current portion of operating lease obligations 243,058 397,999
Current portion of finance lease obligations 13,760,869 12,767,400
Total current liabilities 34,376,797 27,997,998
Operating lease obligations 511,432 587,250
Finance lease obligations 12,358,826 14,141,713
Asset retirement obligations 8,867,948 8,140,992
Other non-current liabilities 73,247 90,378
Total non-current liabilities 21,811,453 22,960,333
Total liabilities 56,188,250 50,958,331
Commitments and contingencies (Note 11)
Stockholders’ equity    
Common stock, $0.001 par value, 10,000,000,000 authorized; 14,536,774 and 13,915,524 issued and outstanding at March 31, 2025 and June 30, 2024, respectively. 14,536 13,915
Additional paid-in capital 421,949,930 404,594,023
Accumulated other comprehensive loss (25,019,856) (11,512,975)
Accumulated deficit (157,098,288) (130,379,771)
Total Tamboran Resources Corporation stockholders’ equity 239,846,322 262,715,192
Noncontrolling interest 85,488,382 44,970,508
Total stockholders’ equity 325,334,704 307,685,700
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 381,522,954 358,644,031
Unproved properties    
Trade and other receivables:    
Natural gas properties, successful efforts method: 303,320,471 230,119,448
Assets under construction - natural gas equipment    
Trade and other receivables:    
Natural gas properties, successful efforts method: $ 17,567,615 $ 7,542,064

Source

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