For the quarter ending 2025-09-30, OKMN has $134,878 in assets. $13,623 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 13,623 | 11,488 | ||
| Total current assets | 13,623 | 11,488 | ||
| Oil and gas properties, net | 96,090 | 53,713 | ||
| Black rock joint venture | 0 | 68,084 | ||
| Other receivables | 25,000 | - | ||
| Other assets and restricted cash | 165 | 37 | ||
| Total noncurrent assets | 121,255 | 121,834 | ||
| Total assets | 134,878 | 133,322 | ||
| Accounts payable | 38,630 | 32,500 | ||
| Accrued liabilities related party | 479,250 | 438,750 | ||
| Accrued interest payable current portion | 0 | 63,956 | ||
| Note payable current portion | 0 | 131,135 | ||
| Other liabilities | 75,557 | 87,586 | ||
| Total current liabilities | 593,437 | 753,927 | ||
| Preferred stock, 0.0001 par value, 50,000,000 shares authorized, 5,000,000 shares issued and outstanding at september 30, 2025 and june 30, 2025, respectively | 500 | 500 | ||
| Common stock, 0.0001 par value, 750,000,000 shares authorized, 125,576,035 and 117,899,921 issued and outstanding at september 30, 2025 and june 30, 2025, respectively | 12,558 | 11,790 | ||
| Additional paid-in capital | 1,907,498 | 1,672,790 | ||
| Accumulated deficit | -2,379,115 | -2,305,685 | ||
| Total stockholders equity (deficit) | -458,559 | -620,605 | ||
| Total liabilities and stockholders equity (deficit) | 134,878 | 133,322 | ||
OKMIN RESOURCES, INC. (OKMN)
OKMIN RESOURCES, INC. (OKMN)