Prairie Operating Co. balance sheet
At the end of fiscal 2025, Prairie Operating Co. had total assets of $945m, total liabilities of $678m and shareholders' equity of $130m. It held $20,000 in cash against $366m of debt.
Balance sheet
| Fiscal year | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 1 | 0 | 2 | 4 | 6 | 5 | 4 | 2 | 1 | 3 | 2 | 3 | 0 | 13 | 5 | 0 | 0 |
| Receivables | 0 | 0 | 0 | 0 | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | 0 | — | — | — |
| Inventory | — | — | — | 0 | — | 0 | — | 0 | — | — | 0 | 0 | — | — | 0 | 4 | 4 |
| Total current assets | 1 | 1 | 2 | 4 | 8 | 6 | 6 | 3 | 2 | 3 | 2 | 11 | 0 | 14 | 18 | 80 | 42 |
| Total assets | 1 | 1 | 2 | 4 | 8 | 7 | 6 | 3 | 2 | 3 | 3 | 13 | 2 | 46 | 157 | 945 | 1,005 |
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | — | — | 2 | 19 | 45 | 61 |
| Deferred revenue (current) | 0 | 0 | 0 | 1 | 2 | 4 | 2 | 2 | 2 | 2 | 1 | — | — | — | — | — | — |
| Total current liabilities | 3 | 2 | 1 | 2 | 4 | 5 | 3 | 6 | 7 | 8 | 7 | 6 | 2 | 5 | 63 | 126 | 167 |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 13 | — | — |
| Long-term debt | — | — | — | — | — | — | 1 | — | — | — | 0 | — | — | 2 | 28 | 0 | — |
| Total debt | 0 | 1 | 0 | 0 | — | 0 | 1 | 1 | 2 | 4 | 4 | 3 | 4 | 2 | 28 | 366 | 436 |
| Total liabilities | 3 | 4 | 6 | 2 | 4 | 5 | 4 | 6 | 7 | 10 | 10 | 9 | 2 | 6 | 104 | 678 | 739 |
| Shareholders' equity | −2 | −3 | −4 | 2 | 4 | 1 | 2 | −3 | −5 | −6 | −7 | 4 | −7 | 40 | 53 | 130 | 223 |
| Non-controlling interests and other (assets − liabilities − equity) | — | — | — | — | — | — | — | — | — | — | — | — | 6 | — | — | 136 | 43 |
| Shares outstanding | — | — | — | — | — | — | — | — | 11m | 11m | 11m | — | — | — | 46m | — | 106m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Inventory | — | 0 | 1 | 3 | 5 | 4 | 3 | 4 |
| Total current assets | 57 | 18 | 72 | 97 | 121 | 80 | 58 | 42 |
| Total assets | 107 | 157 | 775 | 859 | 940 | 945 | 959 | 1,005 |
| Accounts payable | 9 | 19 | 25 | 38 | — | 45 | — | 61 |
| Total current liabilities | 45 | 63 | 127 | 162 | 145 | 126 | 239 | 167 |
| Short-term debt | 14 | 13 | — | — | — | — | — | — |
| Long-term debt | — | 28 | 377 | 387 | 0 | 0 | — | — |
| Total debt | 14 | 41 | 377 | 387 | 0 | 0 | — | — |
| Total liabilities | 46 | 104 | 553 | 600 | 679 | 678 | 836 | 739 |
| Shareholders' equity | 61 | 53 | 34 | 94 | 102 | 130 | 0 | 223 |
| Non-controlling interests and other (assets − liabilities − equity) | — | — | 188 | 165 | 159 | 136 | 122 | 43 |
| Shares outstanding | 23m | 23m | 43m | 46m | 54m | 62m | 85m | 106m |
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