← Riley Exploration Permian, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent ($4.2m) ($574k) $1.6m ($436k) ($3.6m) ($65.7m) $118.0m $111.6m $88.9m $160.8m
Net Income (Loss) Available to Common Stockholders, Basic ($4.2m) ($574k) — ($436k) ($3.6m) ($67.2m) $118.0m $111.6m $88.9m $160.8m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — $442k ($436k) — ($46.9m) $118.0m — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($4.2m) — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — $1.1m — — ($18.8m) $0 — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — — ($18.8m) $0 — — —
Depreciation, Depletion and Amortization $1.1m $924k $795k $716k $644k $26.0m $32.1m $65.1m $74.9m $93.2m
Amortization of Debt Issuance Costs $11k $20k $4k $5k $2k — — $2.3m $2.7m $2.3m
Depreciation $69k $66k $73k $79k $75k $420k — — — —
Results of Operations, Depreciation, Depletion, Amortization and Accretion — — — $0 $0 — — — — —
Depletion, depreciation, amortization and accretion $1.1m $924k $795k $716k $644k $26.0m $32.1m $65.1m $74.9m $93.2m
Amortization of deferred financing costs and discount — — — — — — $731k $4.2m $5.3m $4.8m
Deferred Income Tax Expense (Benefit) — ($242k) — — — $13.0m $28.4m $27.6m $3.2m $11.4m
Deferred income tax expense — ($242k) — — $665k $13.0m $28.4m $27.6m $3.2m $11.4m
Share-based Payment Arrangement, Noncash Expense $17k $14k $23k $17k $14k $6.1m $3.9m $7.0m $8.1m $9.1m
Payment, Tax Withholding, Share-based Payment Arrangement — — — — — $514k $1.0m $2.5m $2.4m $3.2m
Share-based Payment Arrangement, Expense — — — — — $6.1m $3.4m $6.8m $8.1m $9.1m
Impairment of oil and natural gas properties $2.8m — — — — $0 $7.3m $9.8m $11.3m $1.2m
Other impairments — — — — — — — $0 $28.9m $1.6m
Gain (Loss) on Disposition of Assets — — $33k $45k $11k — — — — —
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property $1k $2k $8k $150k — — — $0 $0 $120.2m
Gain (Loss) on Disposition of Property Plant Equipment $4k $2k $33k $45k $11k — — $0 $0 $71.7m
Income (Loss) from Equity Method Investments — — — — — — — ($218k) ($721k) ($886k)
Income Tax Expense (Benefit) — ($242k) ($17k) ($28k) — $13.0m $32.8m $34.5m $28.1m $48.1m
Interest Expense Nonoperating — — — — — — — — $34.3m $31.4m
Operating Lease, Expense — — — — — $22.0m $32.5m $58.8m $71.5m $87.5m
Other Nonoperating Income (Expense) — — $157k $6k $166k — — — — —
Loss from equity method investment — — — — — — — $218k $721k $886k
Contributions to equity method investment — — — — — — $0 ($3.6m) ($17.9m) ($15.8m)
Right-of-use assets obtained in exchange for operating lease liability — — — — — — — $1.3m $632k $3.1m
Assets contributed to equity method investment — — — — — — $0 $2.3m $0 $0
Distributions declared from equity method investment — — — — — — — $0 $0 $1.5m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $46k $118k ($96k) ($41k) ($328k) $7.3m $7.5m $9.6m $9.3m ($12.4m)
Increase (Decrease) in Inventories $238k ($203k) $28k $68k ($193k) — — $546k ($1.5m) ($274k)
Increase (Decrease) in Accounts Payable ($482k) ($95k) ($58k) $63k $32k — — — — —
Asset Retirement Obligation, Accretion Expense $143k $141k $141k $132k $125k $87k $79k $1.6m $2.9m $3.7m
Gain (Loss) on Sale of Derivatives — — — — — $16.3m $75.3m $17.2m ($1.8m) ($16.6m)
General and Administrative Expense $1.4m $1.2m $1.2m $1.3m $2.2m — — — — —
Nonoperating Income (Expense) ($101k) ($51k) $185k $41k $169k ($93.7m) ($52.7m) ($25.8m) ($36.7m) $75.7m
Operating Expenses — $6.0m $5.6m $5.4m $6.9m — — — — —
Unrealized Gain (Loss) on Derivatives — — — — — — $23.7m $23.4m ($3.5m) $19.6m
Exploratory well costs and lease expirations — — — — $7.9m $9.3m $2.0m $4.1m $2.6m $300k
(Gain) loss on derivatives, net — — — — ($33.9m) $89.2m $51.6m ($6.2m) $1.7m ($36.3m)
Settlements on derivative contracts — — — — $26.9m ($16.3m) ($75.3m) ($17.2m) $1.8m $16.6m
Stock-based compensation expense $17k $14k $23k $17k $14k $6.1m $3.9m $7.0m $8.1m $9.1m
Gain on midstream sale — ($2k) ($33k) ($45k) ($11k) — — $0 $0 ($71.7m)
Other — — — — — — $0 $193k $0 $2k
Accounts receivable, net ($46k) ($118k) $96k $41k $328k ($7.3m) ($7.5m) ($9.6m) ($9.3m) $12.4m
Prepaid expenses — — — — $839k $201k ($997k) ($717k) ($53k) ($290k)
Inventory ($238k) $203k ($28k) ($68k) $193k — ($6.2m) ($546k) $1.5m $274k
Other non-current assets, net — — — — $84k $0 ($12k) ($1.2m) ($994k) ($3.4m)
Accounts payable and accrued liabilities — — — — $16k $7.4m $2.9m $3.2m $9.9m ($3.7m)
Revenue payable — — — — ($84k) $4.6m $6.4m $11.5m $4.0m $10.7m
Other current liabilities — — — — — ($195k) $666k ($1.5m) $13.8m $4.7m
Additions to oil and natural gas properties ($397k) ($169k) ($1.0m) ($437k) ($103k) ($58.3m) ($111.7m) ($134.8m) ($98.5m) ($89.6m)
Acquisitions of oil and natural gas properties — — — — ($4.1m) ($445k) $0 ($5.4m) ($19.6m) ($2.2m)
Acquisitions of land — — — — — $0 ($15.3m) $0 $0 ($1.3m)
Funds held in escrow — — — — — — — $0 $0 ($1.2m)
Deferred financing costs — — — — ($1.5m) ($139k) ($1.9m) ($7.4m) ($2.8m) ($432k)
Proceeds from Credit Facility $3.9m $400k $100k — $166k $5.5m $22.0m $185.0m $15.0m $155.0m
Repayments under Credit Facility — — — — ($12.5m) ($46.5m) ($31.0m) ($56.0m) ($85.0m) ($160.0m)
Proceeds from Senior Notes, net of issuance costs — — — — — — $0 $188.0m $0 $0
Repayments of Senior Notes — — — — — — $0 ($15.0m) ($20.0m) ($20.0m)
Proceeds from issuance of common shares, net — — — — — — $0 $2k $25.4m $0
Repurchase of common shares for tax withholding and other — — — — $0 ($514k) ($1.0m) ($2.5m) ($2.4m) ($3.2m)
Cash, Beginning of Year — $185k $3.1m $3.1m $1.6m $17.1m $13.3m $15.3m $13.1m $17.9m
Interest, net of capitalized interest $91k $33k — $5k $6k $3.2m $1.7m $27.1m $31.6m $28.2m
Income taxes, net of refunds — — — — — $191k $3.6m $9.9m $18.1m $20.6m
Changes in capital expenditures in accounts payable and accrued liabilities — — — — ($2.3m) $11.2m $15.2m ($5.8m) $1.1m ($2.9m)
Transfer of inventory to oil and natural gas properties — — — — — — — $0 $29k $2.4m
Net asset transfer for common shares — — — — — — — $0 $0 $9.5m
Asset retirement obligations assumed in acquisitions — — — — — — $0 $19.4m $9.7m $19.3m
Revisions in asset retirement obligations $2k ($53k) ($25k) ($76k) ($25k) $113k — $0 $1.9m $7.7m
Fair value of contingent consideration transferred in business combination — — — — — — — $0 $0 $3.1m
Gain (Loss) on Derivative Instruments, Net, Pretax — — — — — ($89.2m) ($51.6m) $6.2m ($1.7m) $36.3m
Net Cash Provided by (Used in) Operating Activities ($1.0m) $154k $1.3m $226k ($1.5m) $86.1m $170.3m $207.2m $246.3m $212.5m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $47k ($17k) ($27k) ($2k) ($6k) ($1.7m) ($1.3m) ($1.1m) ($875k) ($1.6m)
Payments to Acquire Businesses, Net of Cash Acquired — — — — — — — $324.7m $0 $117.7m
Net assets acquired in business combination — — — — — — $0 ($324.7m) $0 ($117.7m)
Net Cash Provided by (Used in) Investing Activities ($401k) ($179k) $1.6m ($233k) ($71k) — ($128.3m) ($469.6m) ($147.8m) ($145.8m)
Cash flows from financing activities:
Proceeds from Issuance of Common Stock — $2.7m — — — $50.0m $0 — — —
Payments of Ordinary Dividends, Common Stock — — — — — $18 $25 $28 $31 $33
Dividends Payable — — — — — $0 — — — —
Payment of cash dividends — — — — ($15) ($18) ($25) ($28) ($31) ($33)
Proceeds from (Payments for) Other Financing Activities — — — — — — — $2k $25.4m $0
Net Cash Provided by (Used in) Financing Activities $1.4m $134k ($42k) ($53k) $126k ($14.9m) ($37.0m) $264.4m ($100.6m) ($62.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — — — $15.4m $5.0m $2.0m ($2.2m) $4.8m
Net Increase (Decrease) in Cash and Cash Equivalents — — — — ($2.1m) $15.4m $5.0m $2.0m ($2.2m) $4.8m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $3.1m $3.1m $1.6m $17.1m $13.3m $15.3m $13.1m $17.9m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — $33k — $5k $6k $3.2m $1.7m $27.1m $31.6m $28.2m
Income Taxes Paid, Net — — — — — — $3.6m $9.9m $18.1m $20.6m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.