NRIS: the balance sheet

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Norris Industries, Inc. (NRIS)

Balance Sheets	2026-02-28
Cash	45,376
Account receivable - oil & gas	23,800
Total current assets	69,176
Properties subject to amortization	3,210,066
Less accumulated depletion and impairment	3,026,793
Total oil and gas property, net	183,273
Total assets	252,449

Accounts payable and accrued expenses	228,163
Total current liabilities	228,163
Convertible notes payable - related party	3,700,000
Accounts payable and accrued expenses - related party - long-term	756,683
Asset retirement obligations	416,334
Total liabilities	5,101,180
Common stock, 0.001 par value per share, 150,000,000 shares authorized 108,245,688 shares issued and outstanding at february 28, 2026 and 2025	108,246
Additional paid-in capital	7,659,050
Accumulated deficit	-12,616,027
Total stockholders deficit	-4,848,731
Total liabilities, mezzanine, and stockholders deficit	252,449

Unit: Dollar.