Financial Estimates - For the three months ended September 30, 2025, Houston American Energy Corp. estimated total operating expenses of approximately $3.7 to $3.9 million[4] - As of September 30, 2025, the estimated cash and cash equivalents were approximately $1.5 million[4] - The estimated goodwill as of September 30, 2025, was approximately $13.0 million[4] - The company reported a land asset valued at approximately $8.6 million as of September 30, 2025[4] - Estimated total debt as of September 30, 2025, was approximately $11.5 million[4] Financial Reporting - The preliminary financial data is subject to change and has not been audited by the independent registered public accounting firm[5] - The company plans to include complete quarterly results in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2025[5] Forward-Looking Statements - Forward-looking statements include expectations about financial and operating results, which may differ from actual results due to various risks and uncertainties[8] - Future performance may be affected by the inability to raise financing and competition in the development of services[8] Operational Developments - The company has completed site acquisition and appointed a new engineering and service provider[8]
Houston American Energy (HUSA) - 2025 Q3 - Quarterly Results