TPET: the balance sheet

MyFinsight

For the year ending 2025-10-31, TPET has $13,214,110 in assets. $1,910,759 in debts.

Unit: Dollar

Balance Sheets	2025-10-31
Cash	882,162
Prepaid expenses and other receivables	128,856
Accounts receivable	59,970
Total current assets	1,070,988
Oil and gas properties - not subject to amortization	12,143,122
Total assets	13,214,110

Accounts payable and accrued liabilities	1,305,997
Asset retirement obligations current	2,778
Convertible notes, net of discounts	467,179
Due to operators	5,668
Other current liabilities	75,268
Total current liabilities	1,856,890
Asset retirement obligations, net of current portion	53,869
Total non-current liabilities	53,869
Total liabilities	1,910,759
Common stock, 0.0001 par value 150,000,000 shares authorized 9,047,568 and 3,203,068 shares issued and outstanding as of october 31, 2025 and 2024, respectively	906
Stock subscription receivable	10,010
Additional paid-in capital	38,653,796
Accumulated other comprehensive income	14,471
Accumulated deficit	-27,355,812
Total stockholders equity	11,303,351
Total liabilities and stockholders equity	13,214,110

Unit: Dollar