secwatch.observer — SEC 8-K summary
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Issuer:     EON Resources Inc. (EONR)
CIK:        0001842556
Form:       8-K
Filed at:   2025-04-22T23:59:59+00:00
Accession:  0001213900-25-033960
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 5.07, 7.01, 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EON Resources posts FY2024 net loss of $9.1M on $19.4M revenue
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- FY2024 revenue $19.4M; net loss $9.08M; Q4 revenue $3.7M.
- Cash revenues averaged ~$5M/quarter; oil production 250,686 bbls at avg $76.98/bbl.
- G&A $10.4M includes $2.8M equity-based costs and $2.8M professional fees (50% acquisition-related).
- Stockholders approved issuance of >19.99% of shares in exchange for convertible notes from promissory notes and warrants.
- Debt: $23M RBL at 15%, $15M seller note, $4.4M private loans; plans for 2026 horizontal drilling program in San Andres.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1842556/000121390025033960/0001213900-25-033960-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1842556/000121390025033960/ea0239044-8k_eonres.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-033960

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