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Balance Sheets Overview

Current Ratio
5.12%
Quick Ratio
5.12%
Cash Ratio
3.52%
Unit: Dollar
Assets Breakdown
    • Oil and gas properties, net
    • Cash and cash equivalents
    • Other receivable, net
    • Others
Liabilities Breakdown
    • Accumulated deficit
    • Additional paid-in capital
    • Accrued liabilities related par...
    • Others
Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Cash and cash equivalents
24,333
705
13,623
11,488
Other receivable, net
10,066
-
-
-
Other current assets
958
-
-
-
Total current assets
35,357
705
13,623
11,488
Oil and gas properties, net
70,053
70,689
96,090
53,713
Black rock joint venture
0
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 non-current assets
70,053
72,711
121,255
121,834
Total assets
105,410
73,416
134,878
133,322
Accounts payable
37,118
39,013
38,630
32,500
Accrued liabilities related party
560,250
519,750
479,250
438,750
Accrued interest payable current portion
0
0
0
63,956
Note payable current portion
0
0
0
131,135
Bridge loan payable related party
30,000
10,000
-
-
Other liabilities
63,659
87,826
75,557
87,586
Total current liabilities
691,027
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 march 31, 2026 and june 30, 2025, respectively
500
500
500
500
Common stock, 0.0001 par value, 750,000,000 shares authorized, 128,489,287 and 117,899,921 issued and outstanding at march 31, 2026 and june 30, 2025, respectively
12,849
12,569
12,558
11,790
Additional paid-in capital
2,015,756
1,912,036
1,907,498
1,672,790
Accumulated deficit
-2,614,722
-2,508,278
-2,379,115
-2,305,685
Total stockholders equity (deficit)
-585,617
-583,173
-458,559
-620,605
Total liabilities and stockholders equity (deficit)
105,410
73,416
134,878
133,322
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Oil and gasproperties, net$70,053 Cash and cashequivalents$24,333 Other receivable, net$10,066 Other current assets$958 Total non-currentassets$70,053 Total current assets$35,357 Total assets$105,410 Accumulated deficit-$2,614,722 Total liabilities andstockholders equity...$105,410 Total stockholdersequity (deficit)-$585,617 Additional paid-in capital$2,015,756 Common stock, 0.0001par value,...$12,849 Preferred stock, 0.0001par value,...$500 Total currentliabilities$691,027 Accrued liabilities related party$560,250 Other liabilities$63,659 Accounts payable$37,118 Bridge loan payable related party$30,000

OKMIN RESOURCES, INC. (OKMN)

OKMIN RESOURCES, INC. (OKMN)