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Condensed Consolidated Statement of Stockholders’ Equity - USD ($)
$ in Thousands
Preferred Stock [Member]
Series D Preferred Stock [Member]
Common Stock [Member]
Bayswater Acquisition [Member]
Common Stock [Member]
Series D Preferred Stock [Member]
Common Stock [Member]
Series F Preferred Stock [Member]
Common Stock [Member]
Treasury Stock [Member]
Bayswater Acquisition [Member]
Treasury Stock [Member]
Series D Preferred Stock [Member]
Treasury Stock [Member]
Series F Preferred Stock [Member]
Treasury Stock [Member]
Additional Paid In Capital [Member]
Bayswater Acquisition [Member]
Additional Paid In Capital [Member]
Series D Preferred Stock [Member]
Additional Paid In Capital [Member]
Series F Preferred Stock [Member]
Additional Paid In Capital [Member]
Accumulated Deficit [Member]
Bayswater Acquisition [Member]
Accumulated Deficit [Member]
Series D Preferred Stock [Member]
Accumulated Deficit [Member]
Series F Preferred Stock [Member]
Accumulated Deficit [Member]
Bayswater Acquisition [Member]
Series D Preferred Stock [Member]
Series F Preferred Stock [Member]
Total
Balance at Dec. 31, 2024 $ 0       $ 230       $ 0       $ 172,304       $ (119,766)       $ 52,768
Balance (in Shares) at Dec. 31, 2024 14,457       23,045,209                                
Balance (in Shares) at Dec. 31, 2024                 0                        
Conversion of Preferred Stock $ 0   $ 17 $ 3     $ 0 $ 0     $ (17) $ 1,348     $ 0 $ 0     $ 0 $ 1,351  
Conversion of Preferred Stock (in Shares) (8,475)   1,695,000 252,000                             8,475    
Issuance of Common Stock upon option exercise         $ 23       $ 0       560       0       583
Issuance of Common Stock upon option exercise (in Shares)         2,333,334                                
Issuance of Common Stock upon Senior Convertible Note conversion         $ 21       0       18,143       0       18,164 [1]
Issuance of Common Stock upon Senior Convertible Note conversion (in Shares)         2,118,862                                
Issuance of Common Stock to fund Bayswater Acquisition, net of issuance costs   $ 97       $ 0       $ 37,565       $ 0       $ 37,662      
Issuance of Common Stock to fund Bayswater Acquisition, net of issuance costs (in Shares)   9,736,904                                      
Issuance of common stock to seller as part of Bayswater Acquisition   $ 37       $ 0       $ 15,963       $ 0       $ 16,000     16,000 [2]
Issuance of common stock to seller as part of Bayswater Acquisition (in Shares)   3,656,099                                      
Issuance of Common Stock related to stock–based compensation         $ 1       0       (1)       0       0
Issuance of Common Stock related to stock–based compensation (in Shares)         144,915                                
Purchase of treasury stock         $ 0       $ (336)       0       0       (336)
Purchase of treasury stock (in Shares)         (40,196)       40,196                        
Stock–based compensation         $ 0       $ 0       1,324       0       1,324
Series F Preferred Stock undeclared dividends         0       0       (245)       0       (245)
Remeasurement of Series F Preferred Stock         0       0       (90,612)       0       (90,612)
Net loss attributable to Prairie Operating Co.         0       0       0       (2,617)       (2,617)
Balance at Mar. 31, 2025 $ 0       $ 429       $ (336)       156,332       (122,382)       34,043
Balance (in Shares) at Mar. 31, 2025 5,982       42,942,127                                
Balance (in Shares) at Mar. 31, 2025                 40,196                        
Balance at Dec. 31, 2025 $ 0       $ 625       $ (531)       217,785       (87,715)       $ 130,164
Balance (in Shares) at Dec. 31, 2025 5,982       62,499,375                                
Balance (in Shares) at Dec. 31, 2025                 111,357                       111,357
Conversion of Preferred Stock $ 0     $ 181       $ 0       $ 36,005       $ 0       $ 36,186  
Conversion of Preferred Stock (in Shares)       18,102,300                             0    
Issuance of Common Stock upon Senior Convertible Note conversion [1]                                         $ 0
Issuance of common stock to seller as part of Bayswater Acquisition [2]                                         0
Issuance of Common Stock for Series F Preferred Stock dividends         $ 24       $ 0       3,463       0       3,487
Issuance of Common Stock for Series F Preferred Stock dividends (in Shares)         2,352,000                                
Issuance of Common Stock related to stock–based compensation         $ 29       0       (29)       0       0
Issuance of Common Stock related to stock–based compensation (in Shares)         2,925,368                                
Purchase of treasury stock         $ (5)       $ (1,188)       5       0       (1,188)
Purchase of treasury stock (in Shares)         (547,739)       547,739                        
Equity restricted stock unit vesting         $ 0       $ 0       415       0       415
Stock–based compensation         0       0       5,733       0       5,733
Series F Preferred Stock declared dividends         0       0       (3,670)       0       (3,670)
Series F Preferred Stock undeclared dividends         0       0       (966)       0       (966)
Remeasurement of Series F Preferred Stock         0       0       (17,088)       0       (17,088)
Net loss attributable to Prairie Operating Co.         0       0       0       (152,673)       (152,673)
Balance at Mar. 31, 2026 $ 0       $ 854       $ (1,719)       $ 241,653       $ (240,388)       $ 400
Balance (in Shares) at Mar. 31, 2026 5,982       85,331,304                                
Balance (in Shares) at Mar. 31, 2026                 659,096                       659,096
[1] During the three months ended March 31, 2025, YA II PN, LTD., a Cayman Islands exempt limited company (“Yorkville”), converted the remaining $11.3 million of the initial $15.0 million convertible promissory note (the “Senior Convertible Note”) in exchange for 2.1 million shares of Common Stock. Refer to Note 9 – Debt for a discussion of the Senior Convertible Note.
[2] The Company issued approximately 3.7 million shares of the Company’s common stock, par value $0.01 per share (“Common Stock”) to Bayswater (as defined herein) as part of the Bayswater Purchase Price (as defined herein). Refer to Note 3 – Acquisitions for a discussion of the Bayswater Acquisition (as defined herein).