OKMN: the balance sheet

MyFinsight

For the quarter ending 2025-12-31, OKMN has $73,416 in assets. $705 in cash and cash equivalents.

Balance Sheets	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	705	13,623	11,488
Total current assets	705	13,623	11,488
Oil and gas properties, net	70,689	96,090	53,713
Black rock joint venture	0	0	68,084
Other receivables, net of allowance for doubtful accounts of 25,000 (june 30, 2025 - 0nil)	0	25,000	-
Other assets and restricted cash	2,022	165	37
Total noncurrent assets	72,711	121,255	121,834
Total assets	73,416	134,878	133,322

Accounts payable	39,013	38,630	32,500
Accrued liabilities related party	519,750	479,250	438,750
Accrued interest payable current portion	0	0	63,956
Note payable current portion	0	0	131,135
Bridge loan payable related party	10,000	-	-
Other liabilities	87,826	75,557	87,586
Total current liabilities	656,589	593,437	753,927
Preferred stock, 0.0001 par value, 50,000,000 shares authorized, 5,000,000 shares issued and outstanding at december 31, 2025 and june 30, 2025, respectively	500	500	500
Common stock, 0.0001 par value, 750,000,000 shares authorized, 125,689,287 and 117,899,921 issued and outstanding at december 31, 2025 and june 30, 2025, respectively	12,569	12,558	11,790
Additional paid-in capital	1,912,036	1,907,498	1,672,790
Accumulated deficit	-2,508,278	-2,379,115	-2,305,685
Total stockholders equity (deficit)	-583,173	-458,559	-620,605
Total liabilities and stockholders equity (deficit)	73,416	134,878	133,322

Unit: Dollar. Numbers labeled with * are estimated quarterly values.