Ring Energy, Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

LEASES - Schedule of Future Lease Payments of Operating Lease and Finance Lease (Details)

v3.26.1

LEASES - Schedule of Future Lease Payments of Operating Lease and Finance Lease (Details) - USD ($)	Mar. 31, 2026	Dec. 31, 2025
Operating lease payments
2026	$ 450,325
2027	460,497
2028	250,606
2029	149,628
2030	0
Other Future Years	0
Total undiscounted future cash flows (sum of future operating lease payments)	1,311,056	$ 1,497,380
Financing lease payments
2026	600,452
2027	481,866
2028	175,360
2029	2,664
2030	0
Other Future Years	0
Total undiscounted future cash flows (sum of future financing lease payments)	$ 1,260,342	$ 1,428,999

- Definition

Finance Lease, Liability, To Be Paid, After Year Four

+ References

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- Definition

Amount of lessee's undiscounted obligation for lease payments for finance lease.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 942
-SubTopic 235
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Publisher FASB
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Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
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-Paragraph 4
-Publisher FASB
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Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
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-Publisher FASB
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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