Tamboran Resources Corp

Listed Company

TBNCIK 0001997652NYSEEmerging GrowthCrude Petroleum & Natural GasDelawareFY ends Jun 30

Period

FY 2025

Revenue

Net Income

$-36.90M

Total Assets

$446.46M

Equity

$287.72M

Shares Out

22.64M

Op. Cash Flow

$-29.64M

Business

Tamboran Resources Corp is a publicly listed company in Crude Petroleum & Natural Gas, incorporated in Delaware. Common stock trades on NYSE under the ticker TBN.

Auto-generated from company profile

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30
Revenue and other operating income	0	0
Compensation and benefits, including stock-based compensation	−9	−5
Consultancy, legal and professional fees	−7	−9
Depreciation and amortization	−85,947	−120,444
Loss on remeasurement of assets classified as held for sale	−376,000	−25,605
Accretion of asset retirement obligations	−1	−891,961
Exploration expense	−4	−2
LNG feasibility study expense	−6	0
Checkerboard fee	−6	0
General and administrative	−6	−2
Total operating costs and expenses	−39	−21
Loss from operations	−39	−21
Interest income, net	2	690,834
Loss on extinguishment of debt	0	−4
Fair value loss on convertible debt	0	−34,700
Foreign exchange gain (loss), net	−3	35,937
Other income (expense), net	725,700	−142,652
Total other income (expense)	−308,018	−3
Net loss	−40	−24
Less: Net loss attributable to noncontrolling interest	−3	−2
Net loss attributable to Tamboran Resources Corporation stockholders	−37	−22
Foreign currency translation	3	−410,815
Total comprehensive income (loss)	−37	−24
Less: Total comprehensive income (loss) attributable to noncontrolling interest	−3	−2
Total comprehensive loss attributable to Tamboran Resources Corporation stockholders	−34	−22
Net loss per common stock, basic (in USD per share)	−2.52	−2.32
Net loss per common stock, diluted (in USD per share)	−2.52	−2.32
Weighted-average number of common stock outstanding, basic (in shares)	15	9
Weighted-average number of common stock outstanding, diluted (in shares)	15	9

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30	FY 2023 2023-06-30
Cash and cash equivalents	39	75	—
Restricted cash	6	0	—
Joint interest billings	8	10	—
ATO receivable	1	700,115	—
Other receivables	222,349	11,514	—
Assets held for sale	0	8	—
Prepaid expenses and other current assets	2	3	—
Total current assets	57	97	—
Property, plant and equipment, net	307,739	102,244	—
Operating lease right-of-use assets	2	962,052	—
Finance lease right-of-use asset	17	21	—
Prepaid expenses and other non-current assets	5	2	—
Total non-current assets	390	261	—
TOTAL ASSETS	446	359	—
Accounts payable and accrued expenses	20	15	—
Advance against joint interest billings	450,239	0	—
Current portion of operating lease obligations	391,157	397,999	—
Current portion of finance lease obligation	15	13	—
Total current liabilities	37	28	—
Operating lease obligations	1	587,250	—
Finance lease obligation	10	14	—
Asset retirement obligations	10	8	—
Other non-current liabilities	57,428	90,378	—
Total non-current liabilities	20	23	—
Total liabilities	57	51	—
Commitments and contingencies (Note 12)	—	—	—
Common stock, $0.001 par value; 10,000,000,000 common stock authorized; 16,717,289 and 13,915,524 common stock issued and outstanding as of June 30, 2025 and 2024, respectively	16,717	13,915	—
Additional paid-in capital	464	405	—
Accumulated other comprehensive loss	−9	−12	—
Accumulated deficit	−167	−130	—
Total Tamboran Resources Corporation stockholders equity	288	263	—
Noncontrolling interest	102	45	—
Total stockholders equity	389	308	161
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	446	359	—

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30
Stock-based compensation	4	555,525
Loss on remeasurement of assets classified as held for sale	376,000	25,605
Interest expense	381,044	0
Non-cash interest on convertible notes	0	34,432
Trade and other receivables	−1	118,124
Prepaid expenses and other assets	−180,267	−2
Accounts payable and accrued expenses	−3	9
Other non-current liabilities	−32,950	−47,424
Net cash used in operating activities	−30	−11
Payments for property, plant and equipment	−290,429	0
Payments for exploration and evaluation	−94	−60
Payments for assets under construction	−16	−4
Proceeds from sale of assets held for sale	8	444,568
Payment of interest on finance lease liabilities	−3	−3
Proceeds from research and development tax credit	6	0
Net cash used in investing activities	−99	−66
Proceeds from issue of common stock	46	149
Contributions received from noncontrolling interest holders	61	17
Advance contributions received from noncontrolling interest holders	450,239	0
Proceeds from issue of common stock, awaiting issuance	6	0
Common stock issue transaction costs	−3	−14
Payment of transaction costs on common stock, awaiting issuance	−400,902	0
Advance payment of common stock issue transaction costs	−768,275	0
Payment of performance bond facility establishment fee	−535,527	0
Repayment of lease liabilities	−8	−5
Net cash from financing activities	101	146
Net (decrease) increase in cash and cash equivalents and restricted cash	−27	69
Effects of exchange rate changes on cash and cash equivalents	−2	−1
Accrued capital expenditure	8	3
Accrued stock issuance costs	−657,114	2
Asset retirement obligations	−523,732	−72,433
Stock-based compensation	−6	−555,525
Contribution receivable from noncontrolling interest holders	7	9
Operating lease right-of use assets and lease liabilities	587,280	−502,939
Interest accrued on finance lease liabilities	−492,185	−277,966
Finance lease right-of-use assets and lease liabilities	−8	−32
Non-cash finance lease costs capitalized to unproved properties	10	15
Extinguishment of accrued capital expenditure	0	−8
Convertible notes issued in exchange of extinguishment of debt	0	12
Common stock for conversion of convertible notes	0	−12

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