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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Sep. 30, 2024
Current assets:    
Cash and cash equivalents $ 2,886 $ 4,285
Accounts and other receivables, net of allowance for credit losses of: $49,000 at September 30, 2025; $141,000 at September 30, 2024 1,621 2,190
Note receivable 300 0
Other current assets 423 873
Current assets of discontinued operations 0 1,535
Total current assets 5,230 8,883
Asset for retirement benefits 5,928 4,899
Operating lease right-of-use assets 145 39
Other non-current assets 347 0
Property and equipment:    
Proved oil and natural gas properties, net (full cost method) 9,153 16,554
Other property and equipment, net 9 12
Total property and equipment, net 9,162 16,566
Non-current assets of discontinued operations 0 282
Total assets 20,812 30,669
Current liabilities:    
Accounts payable 2,182 1,785
Accrued capital expenditures 185 2,407
Accrued compensation 264 526
Accrued operating and other expenses 1,022 1,465
Current portion of asset retirement obligation 613 798
Other current liabilities 460 301
Current liabilities of discontinued operations 0 530
Total current liabilities 4,726 7,812
Operating lease liabilities 93 7
Liability for retirement benefits 1,791 1,898
Asset retirement obligation 7,162 7,790
Deferred income tax liabilities 18 100
Total liabilities 13,790 17,607
Commitments and contingencies (Note 18)
Equity:    
Common stock, par value $0.50 per share; authorized, 40,000,000 shares: 10,241,434 issued at September 30, 2025; 10,195,990 issued at September 30, 2024 5,121 5,098
Additional paid-in capital 8,039 7,690
(Accumulated deficit) retained earnings (6,508) 595
Accumulated other comprehensive income, net 2,642 1,943
Treasury stock, at cost: 167,900 shares at September 30, 2025 and 2024 (2,286) (2,286)
Total stockholders’ equity 7,008 13,040
Non-controlling interests 14 22
Total equity 7,022 13,062
Total liabilities and equity $ 20,812 $ 30,669