CJAX: the balance sheet

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For the quarter ending 2025-09-30, CJAX has $10,226,333 in assets. $1,769,959 in debts.

Unit: Dollar

Balance Sheets	2025-09-30	2025-06-30
Cash	71,119	63,529
Accounts receivable	119,399	169,938
Prepaid expenses	13,000	0
Total current assets	203,518	233,467
Oil and natural gas properties at cost	11,065,307	11,065,307
Less accumulated depletion	1,042,492	962,840
Total properties and equipment, net	10,022,815	10,102,467
Total assets	10,226,333	10,335,934

Accounts payable	179,207	201,447
Workover expense payable	18,029	23,627
Accrued salaries and payroll taxes	869,700	802,338
Current portion of notes payable	10,164	10,139
Notes payable related party	103,001	103,001
Total current liabilities	1,180,101	1,140,552
Asset retirement obligations	586,484	575,378
Note payable, net of current portion	3,374	5,925
Total long-term liabilities	589,858	581,303
Total liabilities	1,769,959	1,721,855
Common stock, 0.01 par value, 300,000,000 current shares authorized, 14,168,755 and 13,998,639 shares issued and outstanding, at september 30, 2025 and december 31, 2024 respectively	141,687	141,687
Subscription payable	10,000	10,000
Additional paid-in capital	21,185,146	21,185,146
Accumulated deficit	-12,880,459	-12,722,754
Total stockholders equity	8,456,374	8,614,079
Total liabilities and stockholders equity	10,226,333	10,335,934