OTHER SUPPLEMENTAL INFORMATION

9 Months Ended

Sep. 30, 2025

NOTE 12 — OTHER SUPPLEMENTAL INFORMATION

Condensed Consolidated Balance Sheet Details

Prepaid expenses and other current assets consisted of the following (in thousands):


	September 30,		December 31,
	2025		2024
Derivatives	$	546	$	868
Insurance/bond premiums		8,902		6,988
Prepaid deposits related to royalties		6,154		8,562
Prepayments to vendors		1,314		1,586
Other		590		500
Prepaid expenses and other current assets	$	17,506	$	18,504

Accrued liabilities consisted of the following (in thousands):


	September 30,		December 31,
	2025		2024
Accrued interest	$	6,353	$	13,472
Accrued salaries/payroll taxes/benefits		8,493		11,623
Derivatives		30		3,731
Operating lease liabilities		1,740		1,522
Income taxes payable		48		—
Contingent P&A liability		759		1,751
Other		1,505		1,172
Total accrued liabilities	$	18,928	$	33,271

Condensed Consolidated Statements of Cash Flows Information

Supplemental statements of cash flows information consisted of the following (in thousands):


	September 30,		December 31,
	2025		2024
Cash and cash equivalents	$	124,795	$	109,003
Restricted cash		1,552		1,552
Cash, cash equivalents and restricted cash		126,347		110,555


	Nine Months Ended September 30,
	2025		2024
Non-cash investing and financing activities:
Accrual for investment in oil and natural gas properties		5,942		5,258
Right of use asset obtained in exchange for new lease liabilities		1,491		—
ARO - acquisitions, additions, dispositions and revisions, net		16,987		52,337
Government securities transferred to trustee in connection with legal defeasance		5,348		—
Legal defeasance of 11.75% Notes		5,170		—
Change in accrual for dividends declared but not paid on unvested share-based awards		201		82

W&T OFFSHORE INC 10-Q