$ANNA

AleAnna, Inc.

CIK:0001845123|SEC Filings

Condensed Consolidated Statement of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Income Statement [Abstract]
Revenues	$ 10,215,119	$ 4,030,410	$ 19,558,636	$ 4,675,010
Operating expenses (income):
Cost of revenues	1,467,135	301,521	3,018,130	1,139,916
Lease operating expense	1,828,081	1,094,407	3,143,185	1,094,407
General and administrative	4,062,501	1,790,053	6,278,074	5,114,898
Depreciation and depletion	881,978	229,430	2,060,430	302,536
Accretion of asset retirement obligation	62,151	31,696	(551,537)	65,201
Total operating expenses	8,301,846	3,447,107	13,948,282	7,716,958
Operating income (loss)	1,913,273	583,303	5,610,354	(3,041,948)
Other income:
Interest and other income	148,439	154,031	288,276	391,636
Total other income	148,439	154,031	288,276	391,636
Income (loss) from operations before income taxes	2,061,712	737,334	5,898,630	(2,650,312)
Income tax benefit (expense)	1,737,236	(92,671)	1,299,839	(44,395)
Net income (loss)	3,798,948	644,663	7,198,469	(2,694,707)
Income (loss) attributable to noncontrolling interests	(1,441,359)	(295,720)	(2,767,011)	1,037,511
Net income (loss) attributable to Class A Common stockholders	2,357,589	348,943	4,431,458	(1,657,196)
Other comprehensive (loss) income
Currency translation adjustment	(310,197)	2,941,883	(1,381,850)	4,081,186
Comprehensive income	3,488,751	3,586,547	5,816,619	1,386,480
Comprehensive (income) attributable to noncontrolling interests	(1,320,206)	(1,444,733)	(2,227,301)	(556,481)
Total comprehensive income attributable to Class A Common stockholders	$ 2,168,545	$ 2,141,814	$ 3,589,318	$ 829,999
Weighted average shares of Class A Common Stock outstanding, basic (in Shares)	40,901,518	40,615,773	40,781,367	40,596,209
Weighted average shares of Class A Common Stock outstanding, diluted (in Shares)	40,901,518	40,615,773	40,781,367	40,596,209
Net income (loss) per share of Class A Common Stock, basic (in Dollars per share)	$ 0.06	$ 0.01	$ 0.11	$ (0.04)
Net income (loss) per share of Class A Common Stock, diluted (in Dollars per share)	$ 0.06	$ 0.01	$ 0.11	$ (0.04)

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash flows from operating activities
Net income (loss)	$ 7,198,469	$ (2,694,707)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation, depletion, and amortization	2,060,430	302,536
Accretion of asset retirement obligation	(551,537)	65,201
Share based compensation	1,398,702
Changes in operating assets and liabilities:
Accounts receivable	(2,819,516)	(846,594)
Prepaid expenses and other assets	(1,704,144)	730,660
Value-added tax refund receivable	797,703	(574,576)
Accounts payable and accrued expenses	1,918,515	597,071
Current and deferred tax asset/liability	(1,247,538)
Change in operating lease liability	35,666	(139,176)
Net cash provided by (used in) operating activities	7,086,750	(2,559,585)
Cash flows from investing activities
Additions to renewable natural gas properties	(26,107)	(136)
Additions to conventional natural gas properties	(5,877,837)	(3,377,593)
Net cash used in investing activities	(5,903,944)	(3,377,728)
Cash flows from financing activities
Payments for taxes related to net share settlement of equity awards	(347,223)
Proceeds from sale of common stock	346,141
Proceeds from exercises of warrants		1,143,652
Net cash (used in) provided by financing activities	(1,082)	1,143,652
Effect of foreign currency translation on cash	(427,019)	445,682
Change in cash, cash equivalents and restricted cash during the period	754,705	(4,347,979)
Cash, cash equivalents and restricted cash, beginning of period	33,130,959	28,330,159
Cash, cash equivalents and restricted cash, end of period	33,885,664	23,982,180
Supplemental disclosures:
Decrease in right-of-use assets resulting from contract modification	1,627,033
Decrease in operating lease liabilities resulting from contract modification	1,585,743
Remeasurement of asset retirement obligation	$ 946,358

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current Assets:
Cash and cash equivalents	$ 32,619,509	$ 31,826,830
Restricted cash	1,266,155	1,304,129
Accounts receivable	4,656,969	1,959,001
Prepaid expenses and other assets	3,148,864	1,528,622
Total Current Assets	41,691,497	36,618,582
Non-current assets:
Natural gas and other properties, successful efforts method, net of accumulated depreciation and depletion of $4,237,638 and $2,932,984, respectively	44,207,283	42,553,580
Renewable natural gas properties, net of accumulated depreciation of $677,324 and $508,583, respectively	10,448,043	10,744,121
Value-added tax refund receivable	8,519,009	9,589,576
Operating lease right-of-use assets	113,715	1,790,461
Deferred tax assets	2,318,090
Total Non-current Assets	65,606,140	64,677,738
Total Assets	107,297,637	101,296,320
Current Liabilities:
Accounts payable and accrued expenses	8,531,080	6,776,384
Income tax payable	1,451,851	417,568
Lease liability, short-term	152,213	200,419
Contingent consideration liability, short-term	11,823,719	11,576,846
Total Current Liabilities	21,958,863	18,971,217
Non-current Liabilities:
Asset retirement obligation	3,024,648	4,507,921
Deferred tax liability	870,618	897,812
Lease liability, long-term		1,588,243
Contingent consideration liability, long-term	15,549,179	16,651,065
Total Non-current Liabilities	19,444,445	23,645,041
Total Liabilities	41,403,308	42,616,258
Commitments and Contingencies
Stockholders’ Equity:
Additional paid-in capital	230,037,906	228,640,286
Accumulated other comprehensive loss	(4,783,528)	(3,941,388)
Accumulated deficit	(184,817,385)	(189,248,843)
Noncontrolling interest	25,450,643	23,223,342
Total Stockholders’ Equity	65,894,329	58,680,062
Total Liabilities and Stockholders’ Equity	107,297,637	101,296,320
Class A Common Stock
Stockholders’ Equity:
Common stock value	4,094	4,066
Class C Common Stock
Stockholders’ Equity:
Common stock value	$ 2,599	$ 2,599