CJAX: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, CJAX has $9,567,275 in assets. $1,979,497 in debts.

Balance Sheets Overview

Current Ratio
16.94%
Quick Ratio
16.94%
Debt to Asset Ratio
20.69%
Unit: Dollar
Assets Breakdown
Proved properties
Unproved properties
Less accumulated depletion
Others
Liabilities Breakdown
Additional paid-in capital
Accumulated deficit
Accrued salaries and payroll tax...
Others

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash	91,056	77,219	71,119	63,529
Accounts receivable, net	129,388	109,953	119,399	169,938
Prepaid expenses	20,500	20,584	13,000	0
Total current assets	240,944	207,756	203,518	233,467
Proved properties	8,112,476	8,105,480	-	-
Oil and natural gas properties at cost	-	-	11,065,307	11,065,307
Unproved properties	2,169,812	2,169,812	-	-
Less accumulated depletion	955,957	900,012	1,042,492	962,840
Total properties and equipment, net	9,326,331	9,375,280	10,022,815	10,102,467
Total assets	9,567,275	9,583,036	10,226,333	10,335,934

Accounts payable	305,438	131,365	179,207	201,447
Workover expense payable	-	2,205	18,029	23,627
Accrued salaries and payroll taxes	1,005,609	937,065	869,700	802,338
Current portion of notes payable	8,469	10,190	10,164	10,139
Notes payable related party	103,001	103,001	103,001	103,001
Notes payable, net of current portion	-	817	3,374	5,925
Total current liabilities	1,422,517	1,183,826	1,180,101	1,140,552
Asset retirement obligations	556,980	544,656	586,484	575,378
Total long-term liabilities	556,980	545,473	589,858	581,303
Total liabilities	1,979,497	1,729,299	1,769,959	1,721,855
Common stock, 0.01 par value, 300,000,000 current shares authorized, 14,168,755 and 14,168,755 shares issued and outstanding, at march 31, 2026 and december 31, 2025 respectively	141,687	141,687	141,687	141,687
Subscription payable	10,000	10,000	10,000	10,000
Additional paid-in capital	21,185,146	21,185,146	21,185,146	21,185,146
Accumulated deficit	-13,749,055	-13,483,096	-12,880,459	-12,722,754
Total stockholders equity	7,587,778	7,853,737	8,456,374	8,614,079
Total liabilities and stockholders equity	9,567,275	9,583,036	10,226,333	10,335,934

Unit: Dollar. Numbers labeled with * are estimated quarterly values.

MyFinsight

Balance Sheets Overview

Current Ratio
16.94%
Quick Ratio
16.94%
Debt to Asset Ratio
20.69%
Unit: Dollar
Assets Breakdown
Proved properties
Unproved properties
Less accumulated depletion
Others
Liabilities Breakdown
Additional paid-in capital
Accumulated deficit
Accrued salaries and payroll tax...
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio
16.94%
Quick Ratio
16.94%
Debt to Asset Ratio
20.69%
Unit: Dollar
Assets Breakdown
Proved properties
Unproved properties
Less accumulated depletion
Others
Liabilities Breakdown
Additional paid-in capital
Accumulated deficit
Accrued salaries and payroll tax...
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio16.94%Quick Ratio16.94%Debt to Asset Ratio20.69%Unit: DollarAssets BreakdownProved propertiesUnproved propertiesLess accumulated depletionOthersLiabilities BreakdownAdditional paid-in capitalAccumulated deficitAccrued salaries and payroll tax...Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio16.94%Quick Ratio16.94%Debt to Asset Ratio20.69%Unit: DollarAssets BreakdownProved propertiesUnproved propertiesLess accumulated depletionOthersLiabilities BreakdownAdditional paid-in capitalAccumulated deficitAccrued salaries and payroll tax...Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Current Ratio
16.94%
Quick Ratio
16.94%
Debt to Asset Ratio
20.69%
Unit: Dollar
Assets Breakdown
Proved properties
Unproved properties
Less accumulated depletion
Others
Liabilities Breakdown
Additional paid-in capital
Accumulated deficit
Accrued salaries and payroll tax...
Others

Current Ratio
16.94%
Quick Ratio
16.94%
Debt to Asset Ratio
20.69%
Unit: Dollar
Assets Breakdown
Proved properties
Unproved properties
Less accumulated depletion
Others
Liabilities Breakdown
Additional paid-in capital
Accumulated deficit
Accrued salaries and payroll tax...
Others