For the quarter ending 2025-10-31, MMEX has $995,951 in assets. $6,991,250 in debts.
| Balance Sheets | 2025-10-31 | 2025-07-31 | ||
|---|---|---|---|---|
| Cash | 546 | 59 | ||
| Prepaid expenses and other current assets | 8,587 | 3,000 | ||
| Total current assets | 9,133 | 3,059 | ||
| Property and equipment, net | 986,818 | 995,918 | ||
| Total assets | 995,951 | 998,977 | ||
| Accounts payable | 988,938 | 962,628 | ||
| Accrued expenses | 1,375,105 | 1,315,340 | ||
| Accounts payable and accrued expenses - related parties | 1,186,342 | 956,547 | ||
| Notes payable, net of discount of 1,703 and 2,966 at july 31, 2025 and april 30, 2025, respectively | - | 105,646 | ||
| Note payable, net of discount of 439 and 2,966 at october 31, 2025 and april 30, 2025, respectively | 100,473 | - | ||
| Note payable, currently in default | 1,154,453 | 1,154,453 | ||
| Convertible notes payable, currently in default, net of discount of 0 at october 31, 2025 and april 30, 2025, respectively | 653,955 | - | ||
| Total current liabilities | 5,459,266 | 5,148,569 | ||
| Convertible notes payable - related parties, net of discount of 0 at july 31, 2025 and april 30, 2025, respectively | - | 2,087,265 | ||
| Convertible notes payable - related parties, net of discount of 29,206 and 0 at october 31, 2025 and april 30, 2025, respectively | 1,463,856 | - | ||
| Notes payable - related parties, net of discount of 1,432 and 0 at july 31, 2025 and april 30, 2025 | - | 7,996 | ||
| Notes payable - related parties, net of discount of 1,251 and 0 at october 31, 2025 and april 30, 2025 | 8,177 | - | ||
| Convertible notes payable | - | 113,671 | ||
| Convertible notes payable | 59,951 | 653,955 | ||
| Total liabilities | 6,991,250 | 7,357,501 | ||
| Common stock 0.001 par value 50,000,000,000 shares authorized, 22,295,726,723 and 11,340,977,507 shares issued and outstanding at october 31, 2025 and april 30, 2025, respectively | 22,295,726 | 11,590,977 | ||
| Preferred stock, value-Series APreferred Stock | 1 | 1 | ||
| Preferred stock, value-Series BPreferred Stock | 2 | 2 | ||
| Additional paid-in capital | 55,720,787 | 65,697,613 | ||
| Non-controlling interest | 9,871 | 9,871 | ||
| Accumulated deficit | -84,021,686 | -83,656,988 | ||
| Total stockholders' deficit | -5,995,299 | -6,358,524 | ||
| Total liabilities and stockholders' deficit | 995,951 | 998,977 | ||
MMEX Resources Corp (MMEX)
MMEX Resources Corp (MMEX)