HUSA · Houston American Energy Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $133.0K | - | $225.7K | $110.6K | $102.3K | - | $130.2K | $115.8K | $147.7K | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | $607.4K | - | $111.3K | - | - | - | - | - | - | - |
| SG&A | $4.58M | - | $3.46M | $1.66M | $1.07M | - | $299.3K | $355.7K | $357.8K | - |
| Total Operating Expenses | $5.27M | - | $7.16M | $1.93M | $1.16M | - | $568.5K | $526.1K | $555.8K | - |
| D&A | $70.2K | - | $40.0K | $44.8K | $21.9K | - | $40.0K | $28.1K | $35.0K | - |
| Operating Income | ($5.14M) | - | ($6.94M) | ($1.82M) | ($1.06M) | - | ($438.3K) | ($410.3K) | ($408.1K) | - |
| Interest Expense | $98.6K | - | $100.0K | - | - | - | - | - | - | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($5.23M) | - | ($20.41M) | ($1.79M) | ($1.03M) | - | ($144.8K) | ($89.1K) | ($15.7K) | - |
| EPS - Basic | ($0.13) | - | ($0.21) | ($1.11) | ($0.07) | - | ($0.01) | ($0.01) | $0.00 | - |
| EPS - Diluted | ($0.13) | - | ($0.21) | ($1.11) | ($0.07) | - | ($0.01) | ($0.01) | $0.00 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $16.20M | $4.62M | $1.51M | $6.95M | $5.31M | $525.8K | $2.85M | $3.38M | $3.75M | $4.06M |
| Accounts Receivable | $86.5K | $56.9K | $32.7K | $32.9K | $36.1K | $75.1K | $139.9K | $32.1K | $27.2K | $71.7K |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | $1.26M | $193.3K | $25.3K | $49.5K | $192.3K | $252.0K | $250.8K | $156.6K |
| Current Assets | $16.72M | $5.36M | $2.36M | $7.47M | $5.85M | $3.21M | $3.07M | $3.52M | $3.90M | $4.17M |
| Total Assets | $45.63M | $31.86M | $28.83M | $8.72M | $7.16M | $4.40M | $10.19M | $10.40M | $10.49M | $10.38M |
| Current Liabilities | $10.11M | $6.40M | $6.15M | $242.1K | $95.1K | $138.3K | $292.9K | $349.8K | $346.1K | $248.9K |
| Long-term Debt | $6.79M | $10.23M | - | - | - | - | - | - | - | - |
| Total Liabilities | $10.29M | $12.84M | $12.34M | $304.6K | $157.5K | $195.5K | $364.5K | $443.3K | $460.8K | $383.1K |
| Stockholders' Equity | ($2.60M) | $19.01M | $16.49M | $8.41M | $7.01M | $4.21M | $9.83M | $9.95M | $10.03M | $10.00M |
| Retained Earnings | ($51.28M) | ($46.06M) | ($25.81M) | ($88.04M) | ($86.25M) | ($85.22M) | ($77.25M) | ($77.10M) | ($77.01M) | ($77.00M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($3.76M) | - | - | - | ($1.31M) | - | - | - | $122.8K | - |
| Investing Cash Flow | ($1.77M) | - | - | - | ($160.0K) | - | - | - | ($430.8K) | - |
| Financing Cash Flow | $17.06M | - | - | - | $3.82M | - | - | - | - | - |
| CapEx | $1.67M | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | ($5.43M) | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -3864.3% | - | -3073.1% | -1648.5% | -1037.7% | - | -336.5% | -354.3% | -276.3% | - |
| EBITDA margin | -3811.5% | - | -3055.4% | -1607.9% | -1016.3% | - | -305.8% | -330.0% | -252.7% | - |
| Net margin | -3932.7% | - | -9042.1% | -1623.5% | -1008.8% | - | -111.2% | -76.9% | -10.6% | - |
| Free cash flow margin | -4084.2% | - | - | - | - | - | - | - | - | - |
| FCF / Net income | 1.04 | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | 456.8% | - | 49.3% | - | - | - | - | - | - | - |
| SG&A / Revenue | 3446.4% | - | 1531.8% | 1501.5% | 1042.0% | - | 229.8% | 307.2% | 242.3% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -11.5% | - | -70.8% | -20.6% | -14.4% | - | -1.4% | -0.9% | -0.1% | - |
| Return on equity | 201.0% | - | -123.7% | -21.3% | -14.7% | - | -1.5% | -0.9% | -0.2% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.65 | 0.84 | 0.38 | 30.84 | 61.54 | 23.22 | 10.47 | 10.05 | 11.27 | 16.74 |
| Quick ratio | 1.65 | 0.84 | 0.38 | 30.84 | 61.54 | 23.22 | 10.47 | 10.05 | 11.27 | 16.74 |
| Cash ratio | 1.60 | 0.72 | 0.25 | 28.71 | 55.83 | 3.80 | 9.72 | 9.66 | 10.84 | 16.31 |
| Leverage | ||||||||||
| Debt / Equity | -2.61 | 0.54 | - | - | - | - | - | - | - | - |
| Debt / Assets | 0.15 | 0.32 | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -52.1x | - | -69.4x | - | - | - | - | - | - | - |
| Equity multiplier | -17.54 | 1.68 | 1.75 | 1.04 | 1.02 | 1.05 | 1.04 | 1.04 | 1.05 | 1.04 |
| Liabilities / Assets | 0.23 | 0.40 | 0.43 | 0.03 | 0.02 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Efficiency | ||||||||||
| Asset turnover | 0.00 | - | 0.01 | 0.01 | 0.01 | - | 0.01 | 0.01 | 0.01 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 237d | - | 53d | 109d | 129d | - | 392d | 101d | 67d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 29.9% | - | 73.3% | -4.5% | -30.7% | - | 15.3% | -43.3% | -35.8% | - |
| Revenue CAGR (3y) | -16.7% | - | -19.2% | -38.0% | -37.7% | - | -23.5% | -27.5% | -23.4% | - |
| Revenue CAGR (5y) | -16.5% | - | 12.3% | 7.2% | -7.0% | - | -13.2% | -11.2% | -27.8% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -383.8% | - | -1482.4% | -344.2% | -160.2% | - | -8.8% | 37.7% | -56.7% | - |
| Net income growth (YoY) | -406.5% | - | -13995.7% | -1914.7% | -6476.7% | - | - | 70.3% | - | - |
| EPS growth (YoY) | -85.7% | - | -2000.0% | -11000.0% | - | - | - | 66.7% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | 352.0% | 67.8% | -15.5% | -30.1% | -57.9% | -25.6% | -23.0% | -19.2% | -11.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$410.6K totalOil And Gas OAnd G$410.6K · 100.0%
Product / service
$410.6K totalOil Sales$217.7K · 53.0%
Natural Gas Sales$103.8K · 25.3%
Natural Gas Liquids Sales$89.2K · 21.7%
Peer comparison
Same SIC group: Crude Petroleum & Natural Gas
Comparing HOUSTON AMERICAN ENERGY CORP against the 5 most active filers in the same SIC group.