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- Material Weakness (worsened) — Material weaknesses in internal control over financial reporting persist into 2026, continuing from prior year with no indication of remediation.
INR Q2 FY26: Revenue +130% to $171M, net income +77% to $31.8M on Antero Acquisition
Filed August 10, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 12, 2025 · ~1 min read
Key Changes
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high
Production rose 75% YoY (149.8 Mcfe/d) from 30 new wells and acquired assets.
MD&A: Antero Acquisition; Notes: Acquisitions verify on EDGAR → -
high
Net income rose 76.5% to $31.8M while operating income surged 225% to $70.5M; the divergence reflects higher below-the-line deductions (taxes/interest) as the company financed the acquisition with preferred stock and debt.
Key Financials: Operating vs Net Income view on EDGAR → -
high
Paid $7.1M cash dividend on Series A Preferred Stock in Jul 2026 (post-quarter).
Notes: Subsequent Events; Preferred Stock view on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 19, 2026 · How we verify