Quarterly report [Sections 13 or 15(d)]

CONDENSED STATEMENT OF STOCKHOLDERS??? EQUITY

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CONDENSED STATEMENT OF STOCKHOLDERS’ EQUITY - USD ($)
Total
Common Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Beginning balance (in shares) at Dec. 31, 2023   196,837,001    
Beginning balance at Dec. 31, 2023 $ 786,582,900 $ 196,837 $ 795,834,675 $ (9,448,612)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Restricted stock vested (in shares)   1,342,112    
Restricted stock vested 0 $ 1,342 (1,342)  
Shares to cover tax withholdings for restricted stock vested (in shares)   (244,911)    
Shares to cover tax withholdings for restricted stock vested 0 $ (245) 245  
Payments to cover tax withholdings for restricted stock vested, net (814,985)   (814,985)  
Share-based compensation 1,723,832   1,723,832  
Net income 5,515,377     5,515,377
Ending balance (in shares) at Mar. 31, 2024   197,934,202    
Ending balance at Mar. 31, 2024 793,007,124 $ 197,934 796,742,425 (3,933,235)
Beginning balance (in shares) at Dec. 31, 2024   198,561,378    
Beginning balance at Dec. 31, 2024 858,639,982 $ 198,561 800,419,719 58,021,702
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Restricted stock vested (in shares)   1,983,465    
Restricted stock vested 0 $ 1,983 (1,983)  
Shares to cover tax withholdings for restricted stock vested (in shares)   (488,596)    
Shares to cover tax withholdings for restricted stock vested 0 $ (488) 488  
Payments to cover tax withholdings for restricted stock vested, net (896,431)   (896,431)  
Common stock issuance for Lime Rock Acquisition (in shares)   6,452,879    
Common stock issuance for Lime Rock Acquisition 7,420,811 $ 6,453 7,414,358  
Share-based compensation 1,690,958   1,690,958  
Net income 9,110,738     9,110,738
Ending balance (in shares) at Mar. 31, 2025   206,509,126    
Ending balance at Mar. 31, 2025 $ 875,966,058 $ 206,509 $ 808,627,109 $ 67,132,440