Quarterly report [Sections 13 or 15(d)]

CONDENSED STATEMENT OF STOCKHOLDERS??? EQUITY

v3.26.1
CONDENSED STATEMENT OF STOCKHOLDERS’ EQUITY - USD ($)
Total
Common Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Beginning balance (in shares) at Dec. 31, 2024   198,561,378    
Beginning balance at Dec. 31, 2024 $ 864,369,478 $ 198,561 $ 800,419,719 $ 63,751,198
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 (loss) income 9,110,738     9,110,738
Ending balance (in shares) at Mar. 31, 2025   206,509,126    
Ending balance at Mar. 31, 2025 881,695,554 $ 206,509 808,627,109 72,861,936
Beginning balance (in shares) at Dec. 31, 2025   207,656,929    
Beginning balance at Dec. 31, 2025 842,005,242 $ 207,657 812,777,586 29,019,999
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Restricted stock vested (in shares)   2,400,525    
Restricted stock vested 0 $ 2,401 (2,401)  
Shares to cover tax withholdings for restricted stock vested (in shares)   (662,344)    
Shares to cover tax withholdings for restricted stock vested 0 $ (663) 663  
Payments to cover tax withholdings for restricted stock vested, net (960,620)   (960,620)  
Share-based compensation 1,524,808   1,524,808  
Net (loss) income (220,591,482)     (220,591,482)
Ending balance (in shares) at Mar. 31, 2026   209,395,110    
Ending balance at Mar. 31, 2026 $ 621,977,948 $ 209,395 $ 813,340,036 $ (191,571,483)