PROP · XBRL financial data
Prairie Operating financial statements, every fiscal year
The same tables from 9 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (PROP's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | †Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | 1,546 | 7,939 | — |
| Revenue from contracts with customers | 4,518 | 808 | 518 | — | 7,939 | 241,648 |
| Cost of revenue | 3,007 | — | — | — | — | — |
| Gross profit | 1,512 | — | — | — | — | — |
| Research and development | — | — | — | — | 38,000 | 152,900 |
| General and administrative | 1,073 | 5,783 | 3,607 | 16,269 | 30,565 | 50,614 |
| Total operating expenses | 2,829 | 18,895 | 8,124 | 35,137 | 34,452 | 176,070 |
| Operating income (loss) | (1,317) | (18,087) | (7,607) | (33,591) | (26,513) | 65,578 |
| Interest expense | 633 | 1,175 | 614 | — | 1,142 | 28,521 |
| Other income (expense) | — | — | — | (548) | — | — |
| Income tax expense (benefit) | — | — | — | — | 0 | 21,654 |
| Net income (loss) | (1,855) | (17,271) | (13,419) | (79,079) | (40,912) | 32,051 |
| Earnings per share, basic USD per share | (0.53) | (3.71) | (1.18) | (16.51) | (2.65) | (1.35) |
| Earnings per share, diluted USD per share | (0.53) | — | — | (16.51) | (2.65) | (1.35) |
| Weighted average shares, basic thousands of shares | 3,507 | 4,755 | 11,649 | 4,788 | 15,454 | 45,233 |
| Weighted average shares, diluted thousands of shares | 3,507 | — | — | 4,788 | 15,454 | 45,233 |
- † Share count changed about 3x in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal years (PROP's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | †Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 1,898 | 2,785 | 246 | 13,037 | 5,192 | 20 |
| Accounts receivable | 33 | 0 | — | — | — | — |
| Inventory | 221 | 19 | — | — | 5 | 3,604 |
| Prepaid and other current assets | — | — | — | — | 312 | 1,452 |
| Total current assets | 2,217 | 10,828 | 5,051 | 13,531 | 18,302 | 79,722 |
| Property and equipment, net | 59 | 2,226 | 1,632 | 31,888 | 134,620 | 824,456 |
| Right-of-use asset | 244 | 127 | — | 155 | 1,323 | 2,966 |
| Total assets | 2,670 | 13,200 | 6,793 | 45,683 | 156,554 | 944,546 |
| Accounts payable | — | — | — | 2,296 | 33,856 | 44,618 |
| Accrued liabilities | — | — | — | — | — | 18,174 |
| Total current liabilities | 7,066 | 6,039 | 13,168 | 5,416 | 63,009 | 125,777 |
| Lease liability, non-current | 138 | 101 | — | 94 | 1,043 | 1,792 |
| Total liabilities | 9,515 | 9,002 | 13,318 | 5,510 | 103,786 | 678,236 |
| Accumulated deficit | (30,039) | (47,310) | (60,729) | (78,854) | (119,766) | (87,715) |
| Total stockholders' equity | (6,845) | 4,198 | (6,525) | 40,173 | 52,768 | 130,164 |
| Total liabilities and equity | 2,670 | 13,200 | 6,793 | 45,683 | 156,554 | 944,546 |
| Common shares outstanding (cover page) thousands of shares | 3,507 | 10,447 | 12,246 | 10,029 | 26,859 | 76,574 |
- † Share count changed about 3x in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal years (PROP's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | †Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | (1,855) | (17,271) | (13,419) | (79,079) | (40,912) | 32,051 |
| Stock-based compensation | 408 | 12,338 | 2,681 | 2,895 | 8,377 | 14,764 |
| Depreciation and amortization | 24 | 113 | 658 | 984 | 427 | 48,916 |
| Net cash from operating activities | (1,071) | (6,970) | (2,193) | (11,941) | (9,348) | 153,902 |
| Purchases of property and equipment | 25 | 2,315 | 5,295 | 200 | — | — |
| Net cash from investing activities | (157) | (9,929) | (1,816) | (23,684) | (83,408) | (655,916) |
| Proceeds from issuing common stock | — | 3,925 | — | 32,400 | 15,000 | 43,817 |
| Proceeds from long-term debt | 348 | 198 | — | — | — | — |
| Repayments of long-term debt | — | — | — | 150 | — | — |
| Net cash from financing activities | 348 | 17,786 | 1,469 | 48,582 | 84,911 | 496,842 |
| Net change in cash | (880) | 887 | (2,539) | 12,957 | (7,845) | (5,172) |
- † Share count changed about 3x in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Compare with peers
SIC 1311 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 1311 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Prairie Operating | 21 | 98,859 | 51,988* | 112.8M | — | 10-QJun 30, 2026 |
| Empire Petroleum | 3,124 | 9,505 | (2,753)* | 41.6M | 1.1 quarters | 10-QJun 30, 2026 |
| Amplify Energy | 21,212 | 52,686 | 2,835* | 41.5M | — | 10-QJun 30, 2026 |
| Evolution Petroleum | 6,137 | 24,208* | 6,799* | 40.2M | — | 10-KJun 30, 2026 |
| Berry Corp (bry) | 13,364 | 155,808 | 55,411* | 77.6M | — | 10-QSep 30, 2025 |
| Epsilon Energy | 11,169 | not reported | 12,258* | 30.3M | — | 10-QJun 30, 2026 |
| Gran Tierra Energy | 126,728 | 187,181 | 57,414* | 35.4M | — | 10-QJun 30, 2026 |
| Ring Energy | 1,137 | 104,681 | 40,789* | 260.5M | — | 10-QJun 30, 2026 |
| W&T Offshore | 191,317 | 167,080 | 36,647* | 154.9M | — | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.