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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Total revenues $ 13,590
Operating expenses:    
Lease operating expenses 2,012
Gathering, transportation, and processing expenses 907
Ad valorem and production taxes 957
Depreciation, depletion, and amortization 2,117
Accretion of asset retirement obligation 6
Exploration expenses 287 442
General and administrative expenses 5,551 7,603
Total operating expenses 11,837 8,045
Income (loss) from operations 1,753 (8,045)
Other (expenses) income:    
Interest expense (1,378)
Loss on derivatives, net (898)
Loss on adjustment to fair value – embedded derivatives, debt, and warrants (2,164)
Interest income and other 70 52
Total other expenses (4,370) 52
Loss from operations before provision for income taxes (2,617) (7,993)
Provision for income taxes
Net loss from continuing operations (2,617) (7,993)
Loss from discontinued operations, net of taxes (1,044)
Net loss from discontinued operations (1,044)
Net loss attributable to Prairie Operating Co. (2,617) (9,037)
Series F preferred stock undeclared dividends (245)
Series F preferred stock deemed dividends (90,612)
Net loss attributable to Prairie Operating Co. common stockholders $ (93,474) $ (9,037)
Loss per share from continuing operations, basic $ (3.49) $ (0.80)
Loss per share from continuing operations, diluted (3.49) (0.80)
Loss per share from discontinued operations, basic (0.10)
Loss per share from discontinued operations, diluted (0.10)
Loss per share, basic (3.49) (0.90)
Loss per share, diluted $ (3.49) $ (0.90)
Weighted average common shares outstanding, basic 26,796,704 10,004,987
Weighted average common shares outstanding, diluted 26,796,704 10,004,987
Crude Oil Sales [Member]    
Revenues:    
Total revenues $ 10,788
Natural Gas Sales [Member]    
Revenues:    
Total revenues 1,223
NGL Sales [Member]    
Revenues:    
Total revenues $ 1,579