The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net cash provided by investment activities | - | 0 |
| Net loss | -1,109,209 | -1,609,846 |
| Impairment loss on oil and gas properties | 402,152 | 922,932 |
| Loss on disposition of proved resources | -78,326 | - |
| Depletion expense | 352,970 | 346,726 |
| Accretion of asset retirement obligations | 44,052 | 35,335 |
| Common stock issued for services and salaries | - | 99,000 |
| Accounts receivable | 177,263 | -58,224 |
| Prepaid expense | -626 | 21,210 |
| Accounts payable and accrued liabilities | 448,915 | 149,652 |
| Net cash provided by (used in) operating activities | 40,569 | -19,187 |
| Payments of loans payable sba ppp loan | 10,088 | 0 |
| Proceeds for stock subscriptions payable | - | 0 |
| Payments of loans payable sba ppp loan | - | -9,983 |
| Net cash used in financing activities | -10,088 | -9,983 |
| Net change in cash | 30,481 | -29,170 |
| Cash - beginning of period | 46,738 | - |
| Cash - end of period | 77,219 | - |
CoJax Oil & Gas Corp (CJAX)
CoJax Oil & Gas Corp (CJAX)