Financial PerformanceThe firm reported a net loss of $8.2M, or ($0.12) per share, during the quarter, compared to a net loss of $2.9M, or ($0.05) per share, in 1Q24.
Financing ImpactRecent financing has led to a slight dilution of the company's NAV as the price of the financing came in below the value per share.
Risk FactorsRisks include commodity price risk, operating and technical risk, financial risk, and political risk.