OKMN: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, OKMN has $105,410 in assets. $24,333 in cash and cash equivalents.

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.