Note 11 - Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2021

Notes Tables

Condensed Balance Sheet [Table Text Block]

	(a)			(b)			(c)		(d)			(e)			(f)
	HPK LP			Pure			HighPeak Employees, Inc.		Issuance of HighPeak Energy Common Stock			Cash Offering Costs			Deferred Tax Liability			Beginning Balance Sheet on August 22, 2020
Cash and cash equivalents	$	1,943		$	1		$	99	$	92,554		$	(8,114	)	$	—		$	86,483
Accounts receivable		3,001			—			26		—			—			—			3,027
Total current assets		4,944			1			125		92,554			(8,114	)		—			89,510
Total crude oil and natural gas properties, net		452,039			—			—		—			—			—			452,039
Other property and equipment, net		436			—			—		—			—			—			436
Total assets	$	457,419		$	1		$	125	$	92,554		$	(8,114	)	$	—		$	541,985
Current liabilities	$	35,794		$	2,025		$	77	$	(9,538	)	$	—		$	—		$	28,358
Deferred income tax liability		—			—			—		—			—			39,946			39,946
Notes payable (receivable)		(11,675	)		11,675			—		—			—			—			—
Asset retirement obligations		2,398			—		—			—			—			—			2,398
Partners' capital		521,682			—			—		(521,682	)		—			—			—
Common stock		—			—			—		9			—			—			9
Additional paid-in capital		—			(13,699	)		48		623,765			(8,114	)		(39,946	)		562,054
Accumulated deficit		(90,780	)		—			—		—			—			—			(90,780	)
Total stockholders' equity/partner's capital		430,902			(13,699	)		48		102,092			(8,114	)		(39,946	)		471,283
Total liabilities and stockholders' equity/partners' capital	$	457,419		$	1		$	125	$	92,554		$	(8,114	)	$	—		$	541,985

Business Acquisition, Pro Forma Information [Table Text Block]

	(Unaudited Pro Forma) Year Ended December 31, 2020
Total revenues	$	24,623
Net income attributable to Common Stock		(23,310	)
Basic and diluted net loss per share		(0.25	)