Each one in plain English, with the numbers worked through for a shareholder.
11 Aug 2026quarterly activities report▼ Bad
The company filed an 8-K saying it issued a press release on August 11, 2026 with its financial results for the three and six months ended June 30, 2026. The press release was furnished as an exhibit, and the filing itself gave no figures.
The company filed an 8-K saying it issued a press release on May 7, 2026 with its financial results for the quarter ended March 31, 2026. The press release was furnished as an exhibit, and the filing itself gave no figures.
USE landed its first real contracted helium revenue, signing a five-year, 100% take-or-pay sales agreement with an investment-grade global industrial gas company for output from its Big Sky Carbon Hub plant in Montana - up to 1.2 million cubic feet a month at a fixed $285/Mcf plant-gate price with CPI escalation from 2028 - a landmark de-risking milestone with Phase 1 commercial operations targeted for early 2027.
USE signed a second amendment to its FirstBank Southwest credit facility, doubling the borrowing base from $10 million to $20 million, fixing the interest margin at 2.00% and suspending financial covenant testing until the March 2027 quarter. The company also suspended use of its Roth equity line.
USE raised $8.8 million in another Roth Capital-led stock offering (8.8 million shares), but this time at just $1.00/share - a steep drop from the $2.65 it fetched a year earlier - underscoring how much the stock had weakened even as the company kept funding its helium buildout.
U.S. Energy drew much more heavily on the Roth equity line, selling another 6.5 million shares -- cumulative sales now 19.1% of shares outstanding for $7.3 million total -- steep dilution funding the Big Sky Carbon Hub buildout as the share price kept falling.
U.S. Energy disclosed that since its November 12, 2025 10-Q it had sold 2,022,539 shares to Roth Principal Investments under its $25 million purchase agreement for about $2.0 million gross. The sales were about 5.7% of shares outstanding at September 30, 2025, crossing the 5% disclosure threshold on February 10, 2026.
U.S. Energy filed an 8-K on November 12, 2025 saying it had issued a press release on its results for the three and nine months ended September 30, 2025. The financial figures were in the attached press release, not in the 8-K itself.