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Note 14 - Other Current Assets and Accounts Payable and Accrued Liabilities
3 Months Ended
Mar. 31, 2025
Notes to Financial Statements  
Other Current Assets, Accounts Payable, and Accrued Liabilities [Text Block]

14. OTHER CURRENT ASSETS AND ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

 

Other Current Assets

 

The following table presents the components of other current assets as of the dates indicated:

 

   

March 31, 2025

   

December 31, 2024

 
   

(in thousands)

 

Prepaid expenses

  $ 592     $ 119  

Joint interest billings receivable

    256       378  

Income tax receivable

    28       28  

Other

    40       47  
                 

Total other current assets

  $ 915     $ 572  

 

Accounts Payable and Accrued Liabilities.

 

The following table presents the components of accounts payable and accrued liabilities as of the dates indicated:

 

   

March 31, 2025

   

December 31, 2024

 
   

(in thousands)

 

Accounts payable

  $ 1,324     $ 2,197  

Operating expense and oil and natural gas property accruals

    601       2,417  

Interest Payable

    -       172  

Production taxes payable

    444       653  

Other

    390       27  
                 

Total accounts payable and accrued expenses

  $ 2,759     $ 5,466