CKX Lands, Inc. Q2 2024 10-Q Filed
Ticker: CKX · Form: 10-Q · Filed: 2024-08-12T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, equity-compensation
TL;DR
CKX Lands filed its Q2 10-Q, showing details on stock-based compensation like RSUs and PSUs.
AI Summary
CKX Lands, Inc. filed its 10-Q for the period ending June 30, 2024. The filing details financial information and operational updates for the second quarter of 2024. Key disclosures include information on share-based payment arrangements, such as performance shares, restricted stock units (RSUs), and phantom stock units (PSUs), with specific grant dates and periods covered.
Why It Matters
This filing provides investors with an update on CKX Lands' financial performance and equity compensation plans for the second quarter of 2024.
Risk Assessment
Risk Level: low — This is a routine quarterly financial filing with no immediate red flags.
Key Numbers
- Q2 2024 — Reporting Period (Financial reporting period covered by the 10-Q.)
- 2024-06-30 — As of Date (The specific date as of which the financial information is reported.)
Key Players & Entities
- CKX LANDS, INC. (company) — Filer
- 20240630 (date) — Period of Report
- 20240812 (date) — Filing Date
- 2417 SHELL BEACH DRIVE (address) — Business Address
- LAKE CHARLES (location) — City
- LA (location) — State
- 70601 (zip_code) — Business Zip Code
- 0000352955 (company_id) — Central Index Key
FAQ
What types of share-based payment arrangements are disclosed in the filing?
The filing discloses Performance Shares, Restricted Stock Units (RSUs), and Phantom Share Units (PSUs).
What is the period covered by the share-based payment disclosures?
The disclosures cover periods including 2023-01-01 to 2023-06-30, 2024-01-01 to 2024-06-30, and 2023-01-01 to 2023-12-31.
When were some of the subsequent events related to share-based payments dated?
Subsequent events related to Performance Shares and Restricted Stock Units were dated July 15, 2024.
What is CKX Lands, Inc.'s Standard Industrial Classification (SIC) code?
CKX Lands, Inc.'s SIC code is 1311, which corresponds to Crude Petroleum & Natural Gas.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
From the Filing
0001437749-24-026102.txt : 20240812 0001437749-24-026102.hdr.sgml : 20240812 20240812170856 ACCESSION NUMBER: 0001437749-24-026102 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 49 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240812 DATE AS OF CHANGE: 20240812 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CKX LANDS, INC. CENTRAL INDEX KEY: 0000352955 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 720144530 STATE OF INCORPORATION: LA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-31905 FILM NUMBER: 241197864 BUSINESS ADDRESS: STREET 1: 2417 SHELL BEACH DRIVE CITY: LAKE CHARLES STATE: LA ZIP: 70601 BUSINESS PHONE: (337) 493-2399 MAIL ADDRESS: STREET 1: 2417 SHELL BEACH DRIVE CITY: LAKE CHARLES STATE: LA ZIP: 70601 FORMER COMPANY: FORMER CONFORMED NAME: CKX Lands Inc DATE OF NAME CHANGE: 20050801 FORMER COMPANY: FORMER CONFORMED NAME: CALCASIEU REAL ESTATE & OIL CO INC DATE OF NAME CHANGE: 19920703 10-Q 1 ckx20240630_10q.htm FORM 10-Q ckx20240630_10q.htm Q2 2024 --12-31 false 0000352955 false false false false 3 0 3 0 0 0 0 0 0 0000352955 2024-01-01 2024-06-30 thunderdome:item xbrli:shares 0000352955 us-gaap:PerformanceSharesMember us-gaap:SubsequentEventMember 2024-07-15 2024-07-15 0000352955 us-gaap:RestrictedStockUnitsRSUMember us-gaap:SubsequentEventMember 2024-07-15 2024-07-15 iso4217:USD 0000352955 us-gaap:PhantomShareUnitsPSUsMember 2023-01-01 2023-06-30 0000352955 us-gaap:RestrictedStockUnitsRSUMember 2023-01-01 2023-06-30 0000352955 us-gaap:PhantomShareUnitsPSUsMember 2024-01-01 2024-06-30 0000352955 us-gaap:RestrictedStockUnitsRSUMember 2024-01-01 2024-06-30 0000352955 2024-06-30 0000352955 us-gaap:PhantomShareUnitsPSUsMember 2024-06-30 0000352955 us-gaap:RestrictedStockUnitsRSUMember 2024-06-30 0000352955 us-gaap:ShareBasedPaymentArrangementEmployeeMember 2023-01-01 2023-12-31 0000352955 2023-12-31 0000352955 us-gaap:PhantomShareUnitsPSUsMember 2023-12-31 0000352955 us-gaap:RestrictedStockUnitsRSUMember 2023-12-31 0000352955 us-gaap:PhantomShareUnitsPSUsMember 2022-01-01 2022-12-31 utr:Y 0000352955 us-gaap:RestrictedStockUnitsRSUMember 2022-01-01 2022-12-31 0000352955 ckx:MajorCustomers5Member 2023-01-01 2023-06-30 0000352955 ckx:MajorCustomers5Member 2024-01-01 2024-06-30 0000352955 ckx:MajorCustomers4Member 2023-01-01 2023-06-30 0000352955 ckx:MajorCustomers4Member 2024-01-01 2024-06-30 0000352955 ckx:MajorCustomers3Member 2023-01-01 2023-06-30 0000352955 ckx:MajorCustomers3Member 2024-01-01 2024-06-30 0000352955 ckx:MajorCustomers2Member 2023-01-01 2023-06-30 0000352955 ckx:MajorCustomers2Member 2024-01-01 2024-06-30 0000352955 ckx:MajorCustomers1Member 2023-01-01 2023-06-30 0000352955 ckx:MajorCustomers1Member 2024-01-01 2024-06-30 0000352955 ckx:ExclusiveRightToEvaluateAndMarketLandsForBeneficialPurposesToCompensateForImpactMember ckx:StreamWetlandsServicesMember 2022-02-28 2022-02-28 0000352955 ckx:ExclusiveRightToEvaluateAndMarketLandsForBeneficialPurposesToCompensateForImpactMember ckx:StreamWetlandsServicesMember 2022-02-28 0000352955 us-gaap:IntersegmentEliminationMember 2024-01-01 2024-06-30 0000352955 us-gaap:OperatingSegmentsMember 2023-01-01 2023-06-30 0000352955 us-gaap:OperatingSegmentsMember 2024-01-01 2024-06-30 0000352955 us-gaap:OperatingSegmentsMember 2023-04-01 2023-06-30 0000352955 us-gaap:OperatingSegmentsMember 2024-04-01 2024-06-30 0000352955 us-gaap:OperatingSegmentsMember ckx:SurfaceSegmentMember 2023-01-01 2023-06-30 0000352955 us-gaap:OperatingSegmentsMember ckx:SurfaceSegmentMember 2024-01-01 2024-06-30 0000352955 us-gaap:OperatingSegmentsMember ckx:SurfaceSegmentMember 2023-04-01 2023-06-30 0000352955 us-gaap:OperatingSegmentsMember ckx:SurfaceSegmentMember 2024-04-01 2024-06-30 0000352955 us-gaap:OperatingSegmentsMember ckx:TimberSegmentMember 2023-01-01 2023-06-30 0000352955 us-gaap:OperatingSegmentsMember ckx:TimberSegmentMember 2024-01-01