Here are the 10-Q quarterly reports from New Era Helium Inc (NEHC) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow NEHC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NEHC filings page.
New Era Helium Inc. reported unaudited results for the period ended June 30, 2025 showing meaningful operating losses and liquidity pressures. Total revenues were $535,569 for the six months ended June 30, 2025, up from $349,588 a year earlier, driven by higher commodity sales. Despite revenue growth, total costs and expenses rose to $4,468,466, producing a six-month loss from operations of $(3,932,897) and a net loss of $(6,926,260). The company recorded a working capital deficit of $3,384,529 but held cash of $5,199,825 at June 30, 2025. Significant interest expense increased to $(2,958,108) for the six months, reflecting convertible and other debt. The company received a Nasdaq notice for potential noncompliance with the market value listing threshold. Material financing arrangements include an equity purchase facility with advance shares, pre-paid advances totaling $10.0 million evidenced by convertible notes, and outstanding convertible and subsequent notes aggregating $8,755,858.