OKMIN RESOURCES, INC. (OKMN) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
16501 VENTURA BLVD. ENCINO, CA 91436 |
| State of Incorp. | NV |
| Fiscal Year End | June 30 |
| Industry (SIC) | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2024 Q2 | 9/30/2024 Q1 | 6/30/2024 Q4 | 3/31/2024 Q3 | 12/31/2023 Q2 | 9/30/2023 Q1 | 6/30/2023 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 74 | 72 | 84 | 145 | 214 | ||||
| Cash and cash equivalent | 74 | 72 | 84 | 145 | 214 | ||||
| Prepaid expense | 51 | 0 | 0 | 0 | |||||
| Other undisclosed current assets | 7 | 123 | 9 | ||||||
| Total current assets: | 74 | 72 | 141 | 123 | 154 | 214 | |||
| Noncurrent Assets | |||||||||
| Oil and gas, full cost method, property and equipment, after accumulated depletion | 139 | 140 | 542 | 543 | 544 | 544 | |||
| Restricted cash and investments | 0 | 0 | 0 | 77 | 76 | ||||
| Other undisclosed noncurrent assets | 154 | 155 | 155 | 156 | 156 | 157 | |||
| Total noncurrent assets: | 293 | 294 | 698 | 776 | 776 | 701 | |||
| TOTAL ASSETS: | 367 | 367 | 839 | 899 | 930 | 916 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 90 | 82 | 28 | 201 | 156 | 142 | |||
| Accounts payable | 36 | 33 | 28 | 5 | 0 | ||||
| Accrued liabilities | 53 | 50 | 196 | 155 | 142 | ||||
| Debt | 149 | 155 | |||||||
| Other liabilities | 45 | 19 | |||||||
| Other undisclosed current liabilities | 317 | 277 | 236 | ||||||
| Total current liabilities: | 601 | 533 | 264 | 201 | 156 | 142 | |||
| Noncurrent Liabilities | |||||||||
| Other undisclosed noncurrent liabilities | 207 | 208 | 208 | 204 | |||||
| Total noncurrent liabilities: | 207 | 208 | 208 | 204 | |||||
| Total liabilities: | 601 | 533 | 470 | 409 | 364 | 346 | |||
| Equity | |||||||||
| Equity, attributable to parent | (234) | (167) | 368 | 489 | 566 | 570 | |||
| Preferred stock | 1 | 1 | 1 | 1 | 1 | 1 | |||
| Common stock | 11 | 11 | 11 | 11 | 11 | 11 | |||
| Additional paid in capital | 1,530 | 1,530 | 1,516 | 1,516 | 1,501 | 1,393 | |||
| Accumulated deficit | (1,776) | (1,709) | (1,160) | (1,039) | (947) | (835) | |||
| Total equity: | (234) | (167) | 368 | 489 | 566 | 570 | |||
| TOTAL LIABILITIES AND EQUITY: | 367 | 367 | 839 | 899 | 930 | 916 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2024 Q2 | 9/30/2024 Q1 | 6/30/2024 Q4 | 3/31/2024 Q3 | 12/31/2023 Q2 | 9/30/2023 Q1 | 6/30/2023 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 6 | 43 | 114 | |||||
| Cost of revenue | (10) | (11) | (25) | (23) | (32) | (37) | ||
| Other undisclosed gross profit | (54) | 8 | 23 | 23 | (98) | |||
| Gross profit: | (4) | (23) | (17) | (1) | (10) | (22) | ||
| Operating expenses | (61) | (510) | (105) | (92) | (106) | (76) | ||
| Other undisclosed operating income | ||||||||
| Operating loss: | (64) | (532) | (122) | (93) | (116) | (98) | ||
| Nonoperating expense | ||||||||
| Interest and debt expense | ||||||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (11) | |||||||
| Loss from continuing operations before equity method investments, income taxes: | (64) | (543) | (122) | (93) | (116) | (98) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (3) | |||||||
| Loss from continuing operations: | (68) | (543) | (122) | (93) | (116) | (98) | ||
| Other undisclosed net income | 1 | |||||||
| Net loss: | (68) | (543) | (121) | (93) | (116) | (98) | ||
| Other undisclosed net income (loss) attributable to parent | (6) | 1 | 4 | |||||
| Net loss available to common stockholders, diluted: | (68) | (548) | (121) | (92) | (112) | (98) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2024 Q2 | 9/30/2024 Q1 | 6/30/2024 Q4 | 3/31/2024 Q3 | 12/31/2023 Q2 | 9/30/2023 Q1 | 6/30/2023 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (68) | (543) | (121) | (93) | (116) | (98) | ||
| Comprehensive loss, net of tax, attributable to parent: | (68) | (543) | (121) | (93) | (116) | (98) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.