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v3.25.1

Restatement of Previously Issued Consolidated Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2024
Restatement of Previously Issued Consolidated Financial Statements [Abstract] |
Schedule of Consolidated Statement of Operations (Unaudited) | The impact of the correction of the error is summarized below:
Condensed Consolidated Statement of Operations |  | Three Months Ended September 30, 2024 (Successor) |
|  | As Reported |  |  | Adjustment |  |  | As Restated |
Change in fair value of FPA liability |  | $ | (4,209,294 | ) |  | $ | 5,190,631 |  |  | $ | 981,337 |
Total Other Income (expense) |  |  | (6,681,902 | ) |  |  | 5,190,631 |  |  |  | (1,491,271 | )
Loss before income taxes |  |  | (4,697,096 | ) |  |  | 5,190,631 |  |  |  | 493,535 |
Net income (loss) |  |  | (3,841,171 | ) |  |  | 5,190,631 |  |  |  | 1,349,460 |
Net income (loss) attributable to EON Resources, Inc. |  |  | (3,841,171 | ) |  |  | 5,190,631 |  |  |  | 1,349,460 |
Net income (loss) per share of common stock – basic and diluted |  | $ | (0.67 | ) |  | $ | 0.91 |  |  | $ | 0.24 |
Condensed Consolidated Statement of Operations |  | Nine Months Ended September 30, 2024 (Successor) |
|  | As Reported |  |  | Adjustment |  |  | As Restated |
Change in fair value of FPA liability |  | $ | (4,534,766 | ) |  | $ | 5,190,631 |  |  | $ | 655,865 |
Total Other Income (expense) |  |  | (10,969,550 | ) |  |  | 5,190,631 |  |  |  | (5,778,919 | )
Loss before income taxes |  |  | (11,577,447 | ) |  |  | 5,190,631 |  |  |  | (6,386,816 | )
Net income (loss) |  |  | (9,172,468 | ) |  |  | 5,190,631 |  |  |  | (3,981,837 | )
Net income (loss) attributable to EON Resources, Inc. |  |  | (9,172,468 | ) |  |  | 5,190,631 |  |  |  | (3,981,837 | )
Net income (loss) per share of common stock – basic and diluted |  | $ | (1.67 | ) |  | $ | 0.95 |  |  | $ | (0.73 | )
Schedule of Consolidated Balance Sheet (Unaudited) |
Condensed Consolidated Balance Sheet |  | As of September 30, 2024 (Successor) |
|  | As Reported |  |  | Adjustment |  |  | As Restated |
Forward purchase agreement liability |  | $ | 5,628,863 |  |  | $ | 5,190,631 |  |  | $ | 438,232 |
Total current liabilities |  |  | 44,782,226 |  |  |  | 5,190,631 |  |  |  | 39,591,595 |
Total liabilities |  |  | 79,043,688 |  |  |  | 5,190,631 |  |  |  | 73,853,057 |
Accumulated deficit |  |  | (28,291,213 | ) |  |  | 5,190,631 |  |  |  | (23,100,582 | )
Total stockholders’ deficit attributable to EON Resources, Inc. |  |  | (6,425,818 | ) |  |  | 5,190,631 |  |  |  | (1,235,187 | )
Total stockholders’ equity |  |  | 24,134,996 |  |  |  | 5,190,631 |  |  |  | 29,325,627 |
Total liabilities and stockholders’ equity |  | $ | 103,178,684 |  |  | $ | 5,190,631 |  |  | $ | 108,369,315 |
Schedule of Consolidated Statement of Cash Flows (Unaudited) |
Condensed Consolidated Statement of Cash Flows |  | Nine Months Ended September 30, 2024 (Successor) |
|  | As Reported |  |  | Adjustment |  |  | As Restated |
Net income (loss) |  | $ | (9,172,468 | ) |  | $ | 5,190,631 |  |  | $ | (3,981,837 | )
Change in fair value of FPA liability |  |  | (4,534,766 | ) |  |  | 5,190,631 |  |  |  | 655,865 |
Net cash provided by operating activities |  | $ | 3,346,362 |  |  | $ | - |  |  | $ | 3,346,362 |

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