Company research
White River Energy Corp.
CIK 1589361Updated Sep 27, 2026
Name history
Fortium Holdings Corp. · through Aug 25, 2022Banner Energy Services Corp. · through Apr 30, 2021Mount TAM Biotechnologies, Inc. · through Dec 3, 2019TabacaleraYsidron, Inc. · through Aug 20, 2015TABACALERA YSIDRON INC · through Feb 6, 2014
Filing activity
Latest filing
50 filings on record · 8-K, 4, 4/A, 424B3, NT 10-K, D.
Recent filings
Show 5 more recent filings
Financials
FY 2023 · USDSource
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balance sheet · annual statements
| Line item | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 12,319,544Source | 364,918Source | 1,818,134Source | 5,310,921Source |
| Property, Plant and Equipment, NetUSD | 3,251,432Source | 1,675Source | — | 3,488,993Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 827,790Source | 309,738Source | 63,151Source | 226,917Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | — | — | — | 43,845Source |
| Inventory, NetUSD | 16,821Source | — | — | — |
| Assets, CurrentUSD | 3,631,968Source | 363,243Source | 1,818,134Source | 793,712Source |
| Prepaid Expense and Other Assets, CurrentUSD | 334,264Source | 20,042Source | — | 522,950Source |
| Operating Lease, Right-of-Use AssetUSD | 100,644Source | — | — | 779,199Source |
| Other Assets, NoncurrentUSD | 630,531Source | — | — | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 25,384,383Source | 10,842Source | 103,821Source | 11,119,369Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 1,017Source | 840Source | 700Source | 686Source |
| Additional Paid in CapitalUSD | 43,453,095Source | — | — | — |
| Retained Earnings (Accumulated Deficit)USD | -59,768,952Source | -3,963,543Source | -1,683,535Source | -9,001,296Source |
| Stockholders' Equity Attributable to ParentUSD | -16,314,839Source | 354,076Source | 1,714,313Source | -5,808,448Source |
| Additional Paid in Capital, Common StockUSD | — | 4,316,779Source | 3,397,148Source | 3,192,162Source |
| Liabilities and EquityUSD | 12,319,544Source | 364,918Source | 1,818,134Source | 5,310,921Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 23,596,628Source | 10,842Source | 103,821Source | 10,089,955Source |
| Operating Lease, Liability, CurrentUSD | 108,117Source | — | — | 220,234Source |
| Accounts Payable, CurrentUSD | 3,501,283Source | — | — | — |
| Operating Lease, Liability, NoncurrentUSD | 2,119Source | — | — | 566,145Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 3,250,000Source | — | — | — |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | — | — | — | 0Source |
| Accrued Liabilities, CurrentUSD | 406,669Source | — | — | — |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 104,950Source | — | — | 5,412,287Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 208,046Source | — | — | 463,269Source |
| Short-term InvestmentsUSD | — | 33,463Source | 1,752,954Source | — |
cash flow · annual statements
| Line item | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -43,089,977Source | — | — | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 6,188,303Source | — | — | 1,336,557Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 3,167,772Source | 905,771Source | 205,000Source | 245,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 127,202Source | — | — | 23,295Source |
| Increase (Decrease) in InventoriesUSD | -90,205Source | — | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -7,682,624Source | -543,394Source | — | -2,091,610Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -4,114,759Source | 798,481Source | — | 6,724Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | 2,513Source | — | — |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 12,374,123Source | -8,500Source | — | 2,118,076Source |
| Repayments of Long-term DebtUSD | 1,617,608Source | — | — | 4,030,751Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 576,740Source | 246,587Source | 63,151Source | 19,823Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 29,719Source | 1,524Source | — | 762,237Source |
| Income Taxes Paid, NetUSD | — | — | — | 48,429Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 225,000Source | — | — | — |
| Asset Retirement Obligation, Accretion ExpenseUSD | 119,518Source | — | — | — |
| DepreciationUSD | 200,580Source | 838Source | — | 483,183Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | 2,745,309Source | — | — | — |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of TaxUSD | -144,654Source | — | — | — |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on DisposalUSD | — | — | — | -5,236Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | 2,745,309Source | — | — | — |
| Gain (Loss) on Disposition of AssetsUSD | — | — | — | 36,000Source |
| Gain (Loss) on InvestmentsUSD | — | -918,497Source | — | — |
| Gain (Loss) on Disposition of Assets for Financial Service OperationsUSD | — | — | — | 36,000Source |
| Goodwill, Impairment LossUSD | 8,018,217Source | — | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | -2,280,008Source | 965,388Source | -5,287,700Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | 6,352,373Source | -5,236Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | -230,502Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | -43,089,977Source | -2,280,008Source | 7,317,761Source | -5,292,936Source |
| Nonoperating Income (Expense)USD | -11,382,145Source | -918,542Source | 1,448,100Source | -4,253,109Source |
| Operating ExpensesUSD | — | 1,361,466Source | 482,712Source | 5,521,640Source |
| Operating Lease, ExpenseUSD | 770,133Source | — | — | — |
| Other Nonoperating Income (Expense)USD | -84,581Source | — | — | -1,099,303Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | 355,541Source |
| Proceeds from Issuance of Long-term DebtUSD | — | — | — | 5,637,823Source |
| Realized Investment Gains (Losses)USD | — | 365,005Source | 173,429Source | — |
| Unrealized Gain (Loss) on InvestmentsUSD | — | -1,283,502Source | 1,276,150Source | — |
income statement · annual statements
| Line item | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Total RevenueUSD | 1,103,975Source | — | — | 14,715,217Source |
| Cost of RevenueUSD | — | — | — | 10,228,168Source |
| Selling, General and Administrative ExpenseUSD | 6,314,683Source | 1,222,475Source | 220,374Source | 3,516,590Source |
| Operating Income (Loss)USD | -31,477,330Source | -1,361,466Source | -482,712Source | -1,034,591Source |
| Other Nonoperating Income (Expense)USD | -84,581Source | — | — | -1,099,303Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -42,859,475Source | -2,280,008Source | 965,388Source | -5,287,700Source |
| Net Income (Loss) Attributable to ParentUSD | -43,089,977Source | -2,280,008Source | 7,317,761Source | -5,292,936Source |
| Earnings Per Share, BasicUSD per share | -4.85Source | -0.31Source | 1.05Source | — |
| Earnings Per Share, DilutedUSD per share | -4.85Source | -0.31Source | 1.05Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 8,898,904Source | 7,418,082Source | 6,943,907Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 8,898,904Source | 7,418,082Source | 7,014,956Source | 5,895,534Source |
| Additional Financial Items | ||||
| Costs and ExpensesUSD | 32,581,305Source | — | — | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 6,188,303Source | — | — | — |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | 2,745,309Source | — | — | — |
| Gain (Loss) on InvestmentsUSD | — | -918,497Source | — | — |
| Goodwill, Impairment LossUSD | 8,018,217Source | — | — | — |
| Gross ProfitUSD | — | — | — | 4,487,049Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | -2,280,008Source | 965,388Source | -5,287,700Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | — | -0.31Source | 0.14Source | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -4.82Source | -0.31Source | 0.14Source | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | 6,352,373Source | -5,236Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | -230,502Source | — | — | — |
| Interest ExpenseUSD | 56,010Source | 45Source | 1,479Source | 3,454,449Source |
| Interest Expense, DebtUSD | — | 45Source | — | 588,000Source |
| Nonoperating Income (Expense)USD | -11,382,145Source | -918,542Source | 1,448,100Source | -4,253,109Source |
| Operating ExpensesUSD | — | 1,361,466Source | 482,712Source | 5,521,640Source |
| Operating Lease, ExpenseUSD | 770,133Source | — | — | — |
| Realized Investment Gains (Losses)USD | — | 365,005Source | 173,429Source | — |