| Three months ended September 30, | ||||
| Note | 2024 | 2023 | ||
| Revenue and other operating income | $— | $— | ||
| Operating costs and expenses | Compensation and benefits, including stock-based compensation | (2,219,133) | (1,257,991) | |
| Consultancy, legal and professional fees | (1,679,678) | (1,380,871) | ||
| Depreciation and amortization | (30,675) | (29,012) | ||
| Loss on remeasurement of assets classified as held for sale | 3 | (376,000) | — | |
| Accretion of asset retirement obligations | 6 | (257,738) | (214,315) | |
| Exploration expense | (1,009,509) | (904,864) | ||
| General and administrative | (1,405,338) | (528,939) | ||
| Total operating costs and expenses | (6,978,071) | (4,315,992) | ||
| Loss from operations | (6,978,071) | (4,315,992) | ||
| Other income (expense) | Interest income, net | 796,043 | 83,788 | |
| Foreign exchange (loss) gain, net | (254,032) | 614,346 | ||
| Other expenses, net | (319,507) | (134,275) | ||
| Total other income (expense) | 222,504 | 563,859 | ||
| Net loss | (6,755,567) | (3,752,133) | ||
| Less: Net loss attributable to noncontrolling interest | (860,993) | (562,435) | ||
| Net loss attributable to Tamboran Resources Corporation stockholders | $(5,894,574) | $(3,189,698) | ||
| Comprehensive income (loss) | Net loss | $(6,755,567) | $(3,752,133) | |
| Other comprehensive income (loss) | Foreign currency translation | 12,148,177 | (5,317,598) | |
| Total comprehensive income (loss) | 5,392,610 | (9,069,731) | ||
| Less: Total comprehensive income (loss) attributable to noncontrolling interest | 566,223 | (1,401,920) | ||
| Total comprehensive income (loss) attributable to Tamboran Resources Corporation stockholders | $4,826,387 | $(7,667,811) | ||
| Net loss per common stock | Basic and diluted | 10 | $(0.417) | $(0.376) |
| Weighted average number of common stock outstanding | Basic and diluted | 10 | 14,124,788 | 8,486,578 |
| Three months ended September 30, | |||
| 2024 | 2023 | ||
| Revenue and other operating income | $— | $— | |
| Operating costs and expenses: | Compensation and benefits, including stock-based compensation | (2,219) | (1,258) |
| Consultancy, legal and professional fees | (1,680) | (1,381) | |
| Depreciation and amortization | (31) | (29) | |
| Loss on remeasurement of fair value of assets classified as held for sale | (376) | — | |
| Accretion of asset retirement obligations | (258) | (214) | |
| Exploration expense | (1,010) | (905) | |
| General and administrative | (1,405) | (529) | |
| Total operating costs and expenses | (6,978) | (4,316) | |
| Other income (expense): | Interest income, net | 796 | 84 |
| Foreign exchange (loss) gain, net | (254) | 614 | |
| Other expenses, net | (320) | (134) | |
| Total other income (expense) | 223 | 564 | |
| Net loss | (6,756) | (3,752) | |
| Foreign currency translation | 12,148 | (5,318) | |
| Total comprehensive income (loss) attributable to noncontrolling interest | 566 | (1,402) | |
| Total comprehensive income (loss) attributable to Tamboran Resources stockholders | 4,826 | (7,668) |
| For the years ended June 30, | ||||||||||||
| Note | 2024 | 2023 | ||||||||||
| Revenue and other operating income | $ | — | $ | — | ||||||||
| Operating costs and expenses | ||||||||||||
| Compensation and benefits, including stock-based compensation | (5,407,123) | (6,341,272) | ||||||||||
| Consultancy, legal and professional fees | (9,456,650) | (6,817,659) | ||||||||||
| Depreciation and amortization | 4 | (120,444) | (118,331) | |||||||||
| Loss on sale of assets classified as held for sale | 4 | (25,605) | (12,584,768) | |||||||||
| Accretion of asset retirement obligations | 7 | (891,961) | (600,959) | |||||||||
| Exploration expense | 16 | (2,161,424) | (2,793,036) | |||||||||
| General and administrative | (2,453,001) | (2,763,470) | ||||||||||
| Total operating costs and expenses | (20,516,208) | (32,019,495) | ||||||||||
| Loss from operations | (20,516,208) | (32,019,495) | ||||||||||
| Other income (expense) | ||||||||||||
| Interest income net | 690,834 | 31,001 | ||||||||||
| Loss on extinguishment of debt | 8 | (3,883,980) | — | |||||||||
| Fair value loss on convertible debt | (34,700) | — | ||||||||||
| Foreign exchange gain, net | 35,937 | 130,329 | ||||||||||
| Other expense, net | (142,652) | (337,451) | ||||||||||
| Total other (expense) income | (3,334,561) | (176,121) | ||||||||||
| Net loss | (23,850,769) | (32,195,616) | ||||||||||
| Less: Net loss attributable to noncontrolling interest | (1,932,298) | (162,269) | ||||||||||
| Net loss attributable to Tamboran Resources Corporation stockholders | $ | (21,918,471) | $ | (32,033,347) | ||||||||
| Comprehensive loss | ||||||||||||
| Net loss | $ | (23,850,769) | $ | (32,195,616) | ||||||||
| Other comprehensive income (loss) | ||||||||||||
| Foreign currency translation | (410,815) | 1,632,670 | ||||||||||
| Total comprehensive loss | (24,261,584) | (30,562,946) | ||||||||||
| Less: Total comprehensive loss attributable to noncontrolling interest | (2,140,263) | 107,614 | ||||||||||
| Total comprehensive loss attributable to Tamboran Resources Corporation stockholders | $ | (22,121,321) | $ | (30,670,560) | ||||||||
| Net loss per common stock | ||||||||||||
| Basic and diluted | 12 | $ | (2.319) | $ | (5.293) | |||||||
| Weighted average number of common stock outstanding | ||||||||||||
| Basic and diluted | 12 | 9,450,244 | 6,052,044 | |||||||||
| Year ended June 30, | ||||||||
| 2024 | 2023 | |||||||
| Revenue and other operating income | $ | — | $ | — | ||||
| Operating costs and expenses: | ||||||||
| Compensation and benefits, including stock based compensation | (5,407) | (6,341) | ||||||
| Consultancy, legal and professional fees | (9,457) | (6,818) | ||||||
| Depreciation and amortization | (120) | (118) | ||||||
| Loss on sale of assets classified as held for sale | (26) | (12,585) | ||||||
| Accretion of asset retirement obligations | (892) | (601) | ||||||
| Exploration expense | (2,161) | (2,793) | ||||||
| General and administrative | (2,453) | (2,763) | ||||||
| Total operating costs and expenses | (20,516) | (32,020) | ||||||
| Other income: | ||||||||
| Interest income, net | 691 | 31 | ||||||
| Loss on extinguishment of debt | (3,884) | — | ||||||
| Fair value loss on convertible debt | (35) | — | ||||||
| Foreign exchange gain, net | 36 | 130 | ||||||
| Other expenses, net | (143) | (337) | ||||||
| Total other (expense)/income | (3,335) | (176) | ||||||
| Net loss | (23,851) | (32,196) | ||||||
| Foreign currency translation | (411) | 1,633 | ||||||
| Total comprehensive loss attributable to noncontrolling interest | (2,140) | 108 | ||||||
| Total comprehensive loss attributable to Tamboran | (22,121) | (30,671) | ||||||
| June 30, | ||||||||
| 2024 | 2023 | |||||||
| Deferred tax assets: | ||||||||
| Asset retirement obligations | $ | 267,588 | $ | 90,620 | ||||
| Transaction costs arising on common stock issued | 2,435,335 | 2,640,335 | ||||||
| Tax losses carried forward | 81,982,925 | 57,624,887 | ||||||
| Leases | 1,891,146 | 6,178 | ||||||
| Employee benefits | 225,430 | 160,425 | ||||||
| Other | 129,208 | 245,745 | ||||||
| Total deferred tax assets | 86,931,633 | 60,768,190 | ||||||
| Deferred tax liabilities: | ||||||||
| Leases | — | — | ||||||
| Exploration assets | (59.761,789) | (43,424,967) | ||||||
| Total deferred tax liabilities | (59,761,789) | (43,424,967) | ||||||
| Total net deferred tax assets | 27,169,843 | 17,343,223 | ||||||
| Less: Valuation allowance | (27,169,843) | (17,343,223) | ||||||
| Net deferred tax assets | $ | — | $ | — | ||||
