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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash Flows From Operating Activities:    
Net Loss $ (13,121) $ (12,005)
Adjustments to Reconcile Net Loss to Net Cash (Used In) Provided By Operating Activities:    
Stock-Based Compensation 1,255 1,637
Amortization of Right-of-Use Assets 358 407
Depreciation, Depletion & Amortization 7,596 6,763
Accretion of Asset Retirement Obligation 1,594 1,487
Loss on Commodity Derivatives   389
Settlement on or Purchases of Derivative Instruments   18
Loss (Gain) on Financial Derivatives (Note 8) (97) 998
Amortization of Debt Discount on Convertible Notes   500
Loss on Extinguishment of Debt   10
Gain on Sale of Oil and Natural Gas Properties (168)  
Gain on Sale of Other Fixed Assets (32)  
Change in Operating Assets and Liabilities:    
Accounts Receivable (177) 1,647
Inventory, Oil in Tanks 87 (66)
Prepaids, Current 645 672
Accounts Payable (471) 12,274
Accrued Expenses 1,655 1,071
Other Long-Term Assets and Liabilities (319) (885)
Net Cash (Used In) Provided By Operating Activities (1,195) 14,917
Cash Flows From Investing Activities:    
Disposal of Oil and Natural Gas Properties 575  
Capital Expenditures - Oil and Natural Gas Properties [1] (3,624) (48,759)
Disposal of Other Fixed Assets 49  
Purchase of Other Fixed Assets (53) (139)
Cash Paid for Right-of-Use Assets (331) (376)
Net Cash Used In Investing Activities (3,384) (49,274)
Cash Flows From Financing Activities:    
Borrowings on Credit Facility 3,000 3,950
Proceeds from Promissory Notes - Related Party (Note 8) 4,000 5,000
Payments on Promissory Note - Related Party (Note 8) (2,000)  
Principal Payments of Debt (429) (377)
Proceeds from Rights Offering, net of transaction costs (Note 10) 2,358 20,512
Net Proceeds from Warrant Exercise (Note 10)   629
Net Cash Provided By Financing Activities 6,929 29,714
Net Change in Cash 2,350 (4,643)
Cash - Beginning of Period 2,251 7,793
Cash - End of Period 4,601 3,150
Supplemental Cash Flow Information:    
Cash Paid for Interest $ 970 $ 664
[1] Incurred capital expenditures were approximately $4.2 million and $38.3 million for the respective periods. The differences between incurred and cash capital expenditures is due to changes in related accounts payable.