For the quarter ending 2025-08-31, NRIS had -$47,065 decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-08-31 | 2025-05-31 |
|---|---|---|
| Net loss | -151,889 | -167,408 |
| Depletion, depreciation and accretion | 9,013 | 14,569 |
| Loss on settlement of asset retirement obligations | -31,171 | - |
| Settlement of asset retirement obligations | -52,476 | - |
| Accounts receivable - oil & gas | 904 | -13,117 |
| Accounts payable and accrued expenses | -10,670 | 14,135 |
| Accounts payable and accrued expenses - related parties | 28,690 | 27,348 |
| Net cash used in operating activities | -147,065 | -98,239 |
| Proceeds from related party loans | 100,000 | 100,000 |
| Net cash provided by financing activities | 100,000 | 100,000 |
| Net increase (decrease) in cash | -47,065 | 1,761 |
| Cash and cash equivalents at beginning of period | 85,627 | - |
| Cash and cash equivalents at end of period | 40,323 | - |
Norris Industries, Inc. (NRIS)
Norris Industries, Inc. (NRIS)