New Era Helium Inc. Files 2024 10-K
Ticker: NUAIW · Form: 10-K · Filed: Mar 31, 2025 · CIK: 2028336
Sentiment: neutral
Topics: oil-and-gas, financial-reporting, equity-facility
TL;DR
NEH filed its 2024 10-K. Financials and operations details out.
AI Summary
New Era Helium Inc. filed its 2024 10-K on March 31, 2025, reporting on its fiscal year ending December 31, 2024. The company, formerly Roth CH V Holdings, Inc., is involved in crude petroleum and natural gas. Key financial events include an Equity Purchase Facility Agreement dated December 6, 2024, with various associated notes and advances, and a former company name change on June 25, 2024.
Why It Matters
This filing provides investors with a comprehensive overview of New Era Helium Inc.'s financial performance, operational activities, and risk factors for the fiscal year 2024, crucial for investment decisions.
Risk Assessment
Risk Level: medium — The company operates in the volatile oil and gas sector, and the filing details specific financial agreements that could carry inherent risks.
Key Numbers
- $6.42M — Total Assets (Indicates the company's overall asset base as of December 31, 2024.)
- $75,000 — Equity Purchase Facility (Represents a specific financial commitment or facility related to equity purchases.)
Key Players & Entities
- NEW ERA HELIUM INC. (company) — Filer
- Roth CH V Holdings, Inc. (company) — Former Company Name
- 20241231 (date) — Fiscal Year End
- 20250331 (date) — Filing Date
- December 6, 2024 (date) — Equity Purchase Facility Agreement Date
FAQ
What is the primary business of New Era Helium Inc.?
New Era Helium Inc. is primarily involved in Crude Petroleum & Natural Gas, as indicated by its SIC code [1311].
When did the company change its name?
The company's name change from Roth CH V Holdings, Inc. to New Era Helium Inc. occurred on June 25, 2024.
What significant financial agreement was entered into on December 6, 2024?
On December 6, 2024, the company entered into an Equity Purchase Facility Agreement, which includes various notes and advances.
What is the company's state of incorporation?
New Era Helium Inc. is incorporated in Nevada (NV).
What was the reported fiscal year end for this 10-K filing?
The Conformed Period of Report for this 10-K filing was December 31, 2024.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 31, 2025 regarding NEW ERA HELIUM INC. (NUAIW).