Company: CRK
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001193125-25-264450
Chunk: 6

Company: COMSTOCK RESOURCES INC
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 8
Chunk 6
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 shown separately as noncontrolling interests in the accompanying consolidated statements of operations and statements of stockholders' equity.Other Current AssetsOther current assets at September 30, 2025 and December 31, 2024 consisted of the following: 

         As of

         September 30,2025

         December 31,2024

         (In thousands)

         Prepaid drilling costs
          
         $
         52,698

         $
         58,136

         Production tax refunds receivable

         5,588

         4,074

         Other receivables

         3,113

         4,140

         Prepaid expenses

         3,023

         2,361

         Income tax receivable

         3,228

         28,813

         Other

         902

         —

         $
         68,552

         $
         97,524

       Property and EquipmentThe Company follows the successful efforts method of accounting for its natural gas and oil properties. Costs incurred to acquire natural gas and oil leases and to drill and complete developmental wells are capitalized.Exploratory well costs are initially capitalized as proved property in the consolidated balance sheets but charged to exploration expense if and when the well is determined not to have found commercial proved natural gas and oil reserves.