{"url_path":"/sec/spnd/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-20","source_url":"https://www.sec.gov/Archives/edgar/data/867038/0001017386-26-000075-index.html","accession_number":"0001017386-26-000075","cik":"0000867038","ticker":"SPND","issuer_name":"SPINDLETOP OIL & GAS CO","edgar_url":"https://www.sec.gov/Archives/edgar/data/867038/0001017386-26-000075-index.html","primary_entity_key":"0000867038","primary_entity_name":"SPINDLETOP OIL & GAS CO"},"word_count":740,"has_tables":true,"body_markdown":"Spindletop Oil and Gas March 31, 2026\n\nfalse\n2026\nQ1\n--12-31\n0000867038\n\n0000867038\n\n2026-01-01\n2026-03-31\n\n0000867038\n\n2026-05-20\n\n0000867038\n\n2026-03-31\n\n0000867038\n\n2025-12-31\n\n0000867038\n\n2025-01-01\n2025-03-31\n\n0000867038\n\nus-gaap:CommonStockMember\n\n2025-12-31\n\n0000867038\n\nus-gaap:AdditionalPaidInCapitalMember\n\n2025-12-31\n\n0000867038\n\nus-gaap:TreasuryStockCommonMember\n\n2025-12-31\n\n0000867038\n\nus-gaap:RetainedEarningsMember\n\n2025-12-31\n\n0000867038\n\nus-gaap:CommonStockMember\n\n2024-12-31\n\n0000867038\n\nus-gaap:AdditionalPaidInCapitalMember\n\n2024-12-31\n\n0000867038\n\nus-gaap:TreasuryStockCommonMember\n\n2024-12-31\n\n0000867038\n\nus-gaap:RetainedEarningsMember\n\n2024-12-31\n\n0000867038\n\nus-gaap:CommonStockMember\n\n2026-01-01\n2026-03-31\n\n0000867038\n\nus-gaap:AdditionalPaidInCapitalMember\n\n2026-01-01\n2026-03-31\n\n0000867038\n\nus-gaap:TreasuryStockCommonMember\n\n2026-01-01\n2026-03-31\n\n0000867038\n\nus-gaap:RetainedEarningsMember\n\n2026-01-01\n2026-03-31\n\n0000867038\n\nus-gaap:CommonStockMember\n\n2025-01-01\n2025-03-31\n\n0000867038\n\nus-gaap:AdditionalPaidInCapitalMember\n\n2025-01-01\n2025-03-31\n\n0000867038\n\nus-gaap:TreasuryStockCommonMember\n\n2025-01-01\n2025-03-31\n\n0000867038\n\nus-gaap:RetainedEarningsMember\n\n2025-01-01\n2025-03-31\n\n0000867038\n\nus-gaap:CommonStockMember\n\n2026-03-31\n\n0000867038\n\nus-gaap:AdditionalPaidInCapitalMember\n\n2026-03-31\n\n0000867038\n\nus-gaap:TreasuryStockCommonMember\n\n2026-03-31\n\n0000867038\n\nus-gaap:RetainedEarningsMember\n\n2026-03-31\n\n0000867038\n\nus-gaap:CommonStockMember\n\n2025-03-31\n\n0000867038\n\nus-gaap:AdditionalPaidInCapitalMember\n\n2025-03-31\n\n0000867038\n\nus-gaap:TreasuryStockCommonMember\n\n2025-03-31\n\n0000867038\n\nus-gaap:RetainedEarningsMember\n\n2025-03-31\n\n0000867038\n\n2024-12-31\n\n0000867038\n\n2025-03-31\n\n0000867038\n\nus-gaap:TreasuryStockCommonMember\n\n2025-01-01\n2025-06-10\n\n0000867038\n\nus-gaap:TreasuryStockCommonMember\n\n2025-06-10\n\n0000867038\n\nus-gaap:TreasuryStockCommonMember\n\n2026-01-01\n2026-03-02\n\n0000867038\n\nus-gaap:TreasuryStockCommonMember\n\n2026-03-02\n\niso4217:USD\n\nxbrli:shares\n\niso4217:USD\n\nxbrli:shares\n\n** **\n\n**UNITED STATES**\n\n**SECURITIES AND EXCHANGE COMMISSION**\n\nWASHINGTON, DC 20549\n\n \n\n**FORM 10-Q**\n\n** **\n\n**[ X ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR\n15(d) OF**\n\n**THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2026**\n\n** **\n\n**or**\n\n** **\n\n**[ ] TRANSITION REPORT PURSUANT\nTO SECTION 13 OR 15(d) OF THE**\n\n**SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n*Commission File No. 000-18774*\n\n \n\n**SPINDLETOP OIL & GAS CO.**\n\n(Exact name of registrant as specified in its charter)\n\n \n\n**Texas**\n**75-2063001**\n\n(State or other jurisdiction\n\nof incorporation or organization)\n(IRS Employer\n\nIdentification No.)\n\n \n \n\n**12850 Spurling Rd., Suite 200, Dallas, TX**\n**75230**\n\n(Address of principal executive offices)\n(Zip Code)\n\n \n \n\n**(972) 644-2581**\n\n(Registrant's telephone number, including area code)\n\n \n \n\n \n\nSecurities registered pursuant to Section 12(b) of the Act:\n\n \n\nTitle of each class\nTrading Symbol(s)\nName of each exchange on\n\nwhich registered\n\nCommon Stock\nSPND\nOTC Markets - Pink\n\n \n\nSecurities registered pursuant to Section 12(g) of the Act: **Common Stock,\n$0.01 par value**\n\n \n\nIndicate by check mark if the registrant is a well-known seasoned issuer,\nas defined in Rule 405 of the Securities Act. Yes [ ] No [ X ]\n\n \n\nIndicate by check mark if the registrant is not required to file reports\npursuant to Section 13 or Section 15(d) of the Act. Yes [ ] No [ X ]\n\n \n\nIndicate by check mark whether the registrant has submitted electronically\nand posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of\nRegulation S-T during the preceding twelve months (or for such shorter period that the registrant was required to submit and post such\nfiles). Yes [ X ] No [ ]\n\n \n\n \n\n \n\n \n\n1\n\n \n\n \n\n \n\nIndicate by check mark whether the registrant (1) has filed all reports\nrequired to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter\nperiod that the Company was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.\nYes [ X ] No [ ]\n\n \n\nIndicate by check mark whether the registrant is a large accelerated filer,\nan accelerated filer or a non-accelerated filer or a smaller reporting company. See definitions of “large accelerated filer”,\n“accelerated filer”, and “smaller reporting company” in Rule 12b-2 of the Exchange Act (Check one):\n\n \n\nLarge accelerated filer  [    ]\nAccelerated filer                   [    ]\n\n \n \n\nNon-accelerated filer    [    ]\nSmaller\nreporting company   [ X ]\n\n \n \n\nEmerging growth\ncompany   [ ]\n\n \n\nIf an emerging growth company, indicate by check mark if the registrant\nhas elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant\nto Section 13(a) of the Exchange Act.\n\n \n\nIndicate by check mark whether the registrant is a shell company (as defined\nin Rule 12b-2 of the Exchange Act. Yes [ ] No [ X ]\n\n \n\n**APPLICABLE ONLY TO REGISTRANTS INVOLVED IN BANKRUPTCY**\n\n**PROCEEDINGS DURING THE PRECEDING FIVE YEARS:**\n\n \n\nIndicate by check mark whether the registrant has filed all documents and\nreports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities\nunder a plan confirmed by a court. Yes [ ] No [ ]\n\n \n\n**(APPLICABLE ONLY TO CORPORATE REGISTRANTS)**\n\n \n\nIndicate the number of shares outstanding of each of the issuer's classes\nof common, as of the latest practicable date.\n\n \n\n**Common Stock, $0.01 par value**\n**6,598,303**\n\n(Class)\n(Outstanding at May 20, 2026)\n\n \n\n \n\n**DOCUMENTS INCORPORATED BY REFERENCE**\n\n \n\n**None**\n\n** **\n\n** **\n\n** **\n\n** **\n\n** **\n\n** **\n\n2\n\n \n\n \n\n \n\n**SPINDLETOP OIL & GAS CO. AND SUBSIDIARIES**\n\n \n\n**FORM 10-Q**\n\n**For the quarter ended March 31, 2026**\n\n \n\n**Index to Consolidated Financial Statements and Schedules**\n\n \n\n \n\n \n\nPart I – Financial Information:\nPage"}