Tamboran Resources Corp
Business
Tamboran Resources Corp is an early-stage, growth-driven independent natural gas exploration and production company focused on developing unconventional natural gas resources in the Beetaloo Basin in Australia's Northern Territory. The company holds approximately 1.9 million net prospective acres through exploration permits and is the largest acreage holder in the basin. Tamboran's business plan involves three phases: first, drilling and completing pilot wells to demonstrate commercial production; second, constructing pipelines to supply Australia's east coast domestic gas market; and third, developing liquefied natural gas export capacity through proposed facilities near Darwin and supplying Asian markets.
Summary from 10-K filed 2025-09-25
Financials
Consolidated Statement of Income
| Concept | Trend | 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
| Concept | Trend | 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
| Concept | Trend | 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 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Tamboran Resources Corp's CIK number?
Tamboran Resources Corp's SEC CIK number is 0001997652 (1997652). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Tamboran Resources Corp's SEC filings?
All of Tamboran Resources Corp's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Tamboran Resources Corp last report earnings?
Tamboran Resources Corp (TBN) most recently filed an earnings 8-K with the SEC on May 13, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-034591). This is Tamboran Resources Corp's most recent earnings filing of record — not a forecast of its next earnings date.
What is Tamboran Resources Corp's most recent earnings 8-K?
Tamboran Resources Corp's latest earnings 8-K (Item 2.02) was filed May 13, 2026 under accession 0001628280-26-034591. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Tamboran Resources Corp's latest earnings 8-K →
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