Additional Financial Statement Information

3 Months Ended

Sep. 30, 2022

Additional Financial Statement Information

Additional Financial Statement Information

Note 13. Additional Financial Statement Information

Certain amounts on the unaudited condensed consolidated balance sheets are comprised of the following (in thousands):

	September 30, 2022		June 30, 2022
Prepaid expenses and other current assets:
Receivable for settlement proceeds from acquisitions(1)	$	658	$	2,263
Other receivables		35		37
Prepaid insurance		632		743
Prepaid federal and state income taxes		8		8
Prepaid subscription and licenses		78		38
Carryback of EOR tax credit		347		347
Prepaid other		477		439
Total prepaid expenses and other current assets	$	2,235	$	3,875
Other assets, net:
Deposit	$	1,150	$	1,150
Right of use asset under operating lease		9		21
Total other assets, net	$	1,159	$	1,171
Accrued liabilities and other:
Accrued payables	$	7,564	$	8,070
Accrued incentive and other compensation		210		626
Accrued royalties payable		1,586		1,517
Accrued severance		325		332
Accrued franchise taxes		58		58
Accrued ad valorem taxes		180		120
Accrued settlements on derivative contracts		700		919
Operating lease liability		5		26
Asset retirement obligations due within one year		22		22
Accrued - other		46		203
Total accrued liabilities and other	$	10,696	$	11,893

(1) Receivables as of June 30, 2022 related to customary purchase adjustments of $1.6 million and $0.7 million related to the Jonah Field Acquisition and Williston Basin Acquisition, respectively. As of September 30, 2022, the receivable of $1.6 million related to the Jonah Field Acquisition was received. See Note 3, “Acquisitions” for a further discussion.