As of September 30, 2024, Tamboran Resources Corporation reported total assets of $381.2 million, reflecting an increase from $358.6 million as of June 30, 2024. Total liabilities rose to $54.2 million, up from $51.0 million in the previous quarter. Stockholders' equity also saw an increase, reaching $327.0 million compared to $307.7 million at the end of the prior quarter.

For the three months ending September 30, 2024, the company reported a net loss of $6.8 million, a significant increase from a net loss of $3.8 million for the same period in 2023. Operating costs and expenses for this quarter totaled $7.0 million, up from $4.3 million in the prior year, indicating a rise in operational expenditures.

Net cash used in operating activities for the quarter was $4.2 million, compared to $3.3 million for the same period in 2023. In terms of investing activities, the company reported net cash outflows of $14.5 million, a decrease from $18.9 million in the previous year. Conversely, net cash from financing activities was $16.7 million, down from $34.4 million in the same quarter of 2023.

As of September 30, 2024, Tamboran Resources had cash and cash equivalents of $74.0 million, a slight decrease from $74.7 million as of June 30, 2024. Notably, the company has not generated any revenue since its inception and is unlikely to do so in the immediate future, which continues to impact its financial performance and operational strategy.