XML 39 R28.htm IDEA: XBRL DOCUMENT v3.25.3
Stockholders’ Equity (Tables)
3 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Schedule of Movement in Common Stock
(in thousands, except share numbers and per
share amount
Date
Tamboran
common stock 
Fair Market
Value at time
of Issuance
Details
Net proceeds
Balance at July 1, 2025
16,717,289
$450,437
Issuance of common stock pursuant to
Subscription Agreement
July 2025
940,729
$17.74
$10,966
Issuance of common stock as prepayment of
Facility Fee
July 2025
112,740
$19.41
$2,188
Issuance of common stock as termination
payment
September 2025
50,000
$19.75
$988
Less: Transaction costs
$(1,014)
13,128
Balance at September 30, 2025
17,820,758
$463,565