Security
Indonesia Energy Corporation Limited · INDO
INDONYSE_AMERICANCommon stockCurrentCIK 1757840Updated Oct 7, 2026
INDO price & chart
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AMEX:INDO on TradingView ↗About the company
Indonesia Energy Corporation Limited (NYSE American: INDO) is a publicly traded energy company engaged in the acquisition and development of strategic, high growth energy projects in Indonesia. IEC’s principal assets are its Kruh Block (63,000 acres) located onshore on the Island of Sumatra in Indonesia and its Citarum Block (195,000 acres) located onshore on the Island of Java in Indonesia. IEC is headquartered in Jakarta, Indonesia and has a representative office in Danville, California. For more information on IEC, please visit www.indo-energy.com.
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Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 22,755,376Source | 21,914,593Source | 17,724,681Source | 20,574,328Source |
| Property, Plant and Equipment, NetUSD | 42,363Source | 19,691Source | 109,017Source | 201,495Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 0Source | 0Source | 0Source | 0Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 343,041Source | 344,340Source | 582,335Source | 468,153Source |
| Assets, CurrentUSD | 7,496,247Source | 6,055,560Source | 6,080,098Source | 7,867,819Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,693,897Source | 1,137,224Source | 1,920,576Source | 1,504,101Source |
| Operating Lease, Right-of-Use AssetUSD | 833,985Source | 881,639Source | 1,097,168Source | 351,446Source |
| Other Assets, NoncurrentUSD | 1,363,586Source | 1,599,197Source | 812,943Source | 1,018,246Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 3,096,856Source | 3,723,720Source | 3,034,813Source | 3,250,319Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 39,966Source | 36,267Source | 27,046Source | 27,046Source |
| Additional Paid in CapitalUSD | 70,538,866Source | 63,978,379Source | 54,147,769Source | 54,147,769Source |
| Retained Earnings (Accumulated Deficit)USD | -51,026,783Source | -45,926,978Source | -39,583,437Source | -36,940,753Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 106,471Source | 103,205Source | 98,490Source | 89,947Source |
| Stockholders' Equity Attributable to ParentUSD | 19,658,520Source | 18,190,873Source | 14,689,868Source | 17,324,009Source |
| Liabilities and EquityUSD | 22,755,376Source | 21,914,593Source | 17,724,681Source | 20,574,328Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 1,460,364Source | 1,906,304Source | 1,613,865Source | 1,216,767Source |
| Operating Lease, Liability, CurrentUSD | 554,905Source | 556,756Source | 629,325Source | 255,845Source |
| Accounts Payable, CurrentUSD | 596,218Source | 899,638Source | 753,823Source | 719,095Source |
| Operating Lease, Liability, NoncurrentUSD | 279,080Source | 324,883Source | 467,843Source | 95,601Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 228,624Source | 351,596Source | 152,078Source | 23,945Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -5,099,805Source | -6,343,541Source | -2,642,684Source | -3,122,592Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 559,925Source | 665,187Source | 702,217Source | 1,139,723Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | 1,227,600Source | — | 526,496Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -1,299Source | -237,995Source | 114,182Source | -529,588Source |
| Increase (Decrease) in Accounts PayableUSD | -303,420Source | 145,815Source | 102,925Source | -255,154Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -5,434,852Source | -3,087,099Source | -2,978,919Source | -3,208,138Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -244,021Source | -2,821,110Source | -419,459Source | -5,416,501Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 44,691Source | — | — | 1,684Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 6,564,186Source | 8,405,018Source | — | 12,925,190Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 885,313Source | 2,496,809Source | -3,398,378Source | 4,300,551Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 7,379,309Source | 6,493,996Source | 3,997,187Source | 7,395,565Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | 23,836Source |
| Additional Financial Items | ||||
| Amortization of Deferred ChargesUSD | 23,758Source | 75,443Source | 75,306Source | 75,306Source |
| DepreciationUSD | 22,019Source | 89,327Source | 92,478Source | 92,727Source |
| Financing Interest ExpenseUSD | — | — | — | 7,864Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 78,467Source | -116,107Source | 136,788Source | -130,684Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | — | — | — | -133,325Source |
| General and Administrative ExpenseUSD | 3,453,484Source | 5,170,103Source | 3,368,029Source | 4,602,656Source |
| Net Income (Loss) Attributable to ParentUSD | -5,096,539Source | -6,338,826Source | -2,642,684Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -5,099,805Source | -6,343,541Source | -2,634,141Source | — |
| Nonoperating Income (Expense)USD | -521,456Source | -410,801Source | 852,977Source | 1,475,638Source |
| Operating Costs and ExpensesUSD | 6,590,892Source | 8,600,248Source | 7,021,115Source | 8,695,633Source |
| Operating Lease, ExpenseUSD | 2,577,483Source | 2,764,958Source | 2,950,869Source | 2,953,254Source |
| Other Nonoperating Income (Expense)USD | 7,294Source | -139,915Source | -131,631Source | -673,436Source |
| Proceeds from Issuance of Common StockUSD | 6,564,186Source | 8,405,018Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 2,012,543Source | 2,667,508Source | 3,525,454Source | 4,097,403Source |
| Operating Income (Loss)USD | -4,578,349Source | -5,932,740Source | -3,495,661Source | -4,598,230Source |
| Other Nonoperating Income (Expense)USD | 7,294Source | -139,915Source | -131,631Source | -673,436Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -5,099,805Source | -6,343,541Source | -2,642,684Source | -3,122,592Source |
| Net Income (Loss) Attributable to ParentUSD | -5,096,539Source | -6,338,826Source | -2,642,684Source | — |
| Earnings Per Share, BasicUSD per share | -0.35Source | -0.55Source | -0.26Source | -0.35Source |
| Earnings Per Share, DilutedUSD per share | -0.35Source | -0.55Source | -0.26Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 14,663,008Source | 11,498,096Source | 10,142,694Source | 8,888,421Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 14,663,008Source | 11,498,096Source | 10,142,694Source | — |
| Additional Financial Items | ||||
| Financing Interest ExpenseUSD | — | — | — | 7,864Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 78,467Source | -116,107Source | 136,788Source | -130,684Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | — | — | — | -133,325Source |
| General and Administrative ExpenseUSD | 3,453,484Source | 5,170,103Source | 3,368,029Source | 4,602,656Source |
| Interest Expense, DebtUSD | — | — | — | 15,972Source |
| Labor and Related ExpenseUSD | 201,771Source | 18,686Source | 27,205Source | 43,438Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -5,099,805Source | -6,343,541Source | -2,634,141Source | — |
| Nonoperating Income (Expense)USD | -521,456Source | -410,801Source | 852,977Source | 1,475,638Source |
| Operating Costs and ExpensesUSD | 6,590,892Source | 8,600,248Source | 7,021,115Source | 8,695,633Source |
| Operating Lease, ExpenseUSD | 2,577,483Source | 2,764,958Source | 2,950,869Source | 2,953,254Source |
Filing attachments
ex99-1.htm · 6-K · 2026-10-06
Exhibit 99.1 Indonesia Energy Celebrates Oil Production from K-29 Well and Rig-Up at New WK-5 Well Location Company and President Frank Ingriselli Also Highlighted in Recent CNBC Interview JAKARTA, INDONESIA AND DANVILLE, CA, October 6, 2026 - Indonesia Energy Corporation (NYSE American: INDO) (“IEC”), an oil and gas exploration and production company focused on Indonesia, today announced, that its President Frank Ingriselli led a delegation in early October to IEC’s Kruh Block in Sumatra, In…
Read attachment ↗ex99-1.htm · 6-K · 2026-09-24
EXHIBIT 99.1 INDONESIA ENERGY CORPORATION LIMITED CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) June 30, December 31, …
Read attachment ↗ex99-2.htm · 6-K · 2026-09-24
EXHIBIT 99.2 INDONESIA ENERGY CORPORATION LIMITED OPERATING AND FINANCIAL REVIEW FOR THE SIX-MONTH PERIODS ENDED JUNE 30, 2026 AND 2025 The following discussion of the results of our operations and our financial condition should be read in conjunction with the unaudited condensed consolidated financial statements included as Exhibit 99.1 to this report. This discussion contains forward-looking statements that involve risks, uncertainties, and assumptions. Actual results may differ materially…
Read attachment ↗ex99-1.htm · 6-K · 2026-09-02
Exhibit 99.1 Indonesia Energy Discovers Oil at K-29 Well Production Operations Will Commence in the Next Couple of Weeks YouTube Live Broadcast Set for Thursday, September 3, 2026 at 12:15 pm Eastern Time JAKARTA, INDONESIA AND DANVILLE, CA, Wednesday, September 2, 2026 - Indonesia Energy Corporation (NYSE American: INDO) (“IEC”), an oil and gas exploration and production company focused on Indonesia, today announced that IEC has discovered good quality oil during testing operations at the n…
Read attachment ↗ex99-1.htm · 6-K · 2026-08-31
Exhibit 99.1 Indonesia Energy Announces K-29 Well Drilling Has Reached Total Depth and Testing Operations Are In Preparation YouTube Live Broadcast Set for Thursday, September 3, 2026 JAKARTA, INDONESIA AND DANVILLE, CA, Monday, August 31, 2026 - Indonesia Energy Corporation (NYSE American: INDO) (“IEC”), an oil and gas exploration and production company focused on Indonesia, today announced that it will host a YouTube Live presentation featuring its President, Frank Ingriselli, on Thursday, …
Read attachment ↗ex99-1.htm · 6-K · 2026-08-13
Exhibit 99.1 Indonesia Energy Corporation Reports Progress on Drilling of K-29 Well Company Also Announces Presentation at the 31st Annual EnerCom Energy Investment Conference on August 19 JAKARTA, INDONESIA AND DANVILLE, CA, August 13, 2026 - Indonesia Energy Corporation (NYSE American: INDO) (“IEC”), an oil and gas exploration and production company focused on Indonesia, today announced that its K-29 well, which was spudded on July 25, 2026, continues to drill ahead on schedule and has reac…
Read attachment ↗