{
  "url": "https://struct.news/briefs/tamboran-has-2191m-in-cash-and-0-in-revenue",
  "title": "Tamboran has $219.1M in cash and $0 in revenue",
  "summary": "$291.0 million of fiscal 2026 equity proceeds supplied the cash increase, while diluted shares rose 53.2%.",
  "published_at": "2026-09-25T10:23:25.356692+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Tamboran Resources Corporation",
    "ticker": "TBN",
    "cik": "1628280",
    "sector": "Energy",
    "industry": "Oil & Gas E&P"
  },
  "source_filing": {
    "form": "10-K",
    "filed": "2026-09-25",
    "accession": "0001628280-26-063492",
    "url": "https://www.sec.gov/Archives/edgar/data/1997652/000162828026063492/trc-20260630.htm"
  },
  "comparison_filing": {
    "form": "10-K",
    "filed": "2025-09-25",
    "url": "https://www.sec.gov/Archives/edgar/data/1997652/000162828025042774/trc-20250630.htm"
  },
  "reported_figures": [
    {
      "group": "Tamboran’s latest snapshot",
      "label": "Revenue",
      "value": 0,
      "display": "$0.00",
      "unit": "usd",
      "period": "2025-06-30",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-K",
        "accession": "0001628280-26-063492",
        "filing_date": "2026-09-25"
      }
    },
    {
      "group": "Tamboran’s latest snapshot",
      "label": "Market cap",
      "value": 529415643.12,
      "display": "$529.4M",
      "unit": "usd",
      "period": "2025-06-30",
      "detail": null,
      "source": {
        "kind": "market_data",
        "label": "Observed market close",
        "as_of": "2026-09-24"
      }
    },
    {
      "group": "Tamboran’s latest snapshot",
      "label": "Enterprise value",
      "value": 489976660.12,
      "display": "$490.0M",
      "unit": "usd",
      "period": "2025-06-30",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-K",
        "accession": "0001628280-26-063492",
        "filing_date": "2026-09-25"
      }
    },
    {
      "group": "Tamboran’s latest snapshot",
      "label": "Last close",
      "value": 36.11,
      "display": "$36.11",
      "unit": "usd_per_share",
      "period": "2026-09-24",
      "detail": null,
      "source": {
        "kind": "market_data",
        "label": "Observed market close",
        "as_of": "2026-09-24"
      }
    }
  ],
  "watch_next": [
    {
      "type": "labor_costs",
      "statement": "Compensation and benefits increased by $3.1 million because of higher headcount, bonus timing, and compensation for the interim and new CEO.",
      "importance": "medium",
      "evidence": "Compensation and benefits, including stock based compensation, increased by $3.1 million during fiscal year 2026, as compared to fiscal year 2025 largely due to period on period increase in headcount, the transition to a calendar year employee bonus schedule, and compensation awarded to the interim and new CEO.",
      "source_date": "2026-09-25"
    },
    {
      "type": "filing_language",
      "statement": "Management links alleviating substantial doubt to successful execution of operational plans and funding future commitments.",
      "importance": "medium",
      "evidence": "Based on progress achieved to date and the Group’s current execution plan, management expects to be better positioned to evaluate the alleviation of substantial doubt in connection with future reporting periods, subject to continued successful execution of these operational plans and funding of future commitments.",
      "source_date": "2026-09-25"
    }
  ],
  "related_tickers": [
    "TBN"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}