Company: OKMN
Filing Date: 2025-11-25
Form Type: 10-Q
Source: 0001553350-25-000149
Chunk: 2

Company: OKMIN RESOURCES, INC.
Filing Date: 2025-11-25
Form: 10-Q
Item: Item 1
Chunk 2
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    Weighted average number of shares outstanding 

    Basic 
     118,825,066  
     114,424,921 
  
    Diluted 
     174,479,870  
     171,199,610 

The accompanying notes are an integral part of these
financial statements.

2 

OKMIN RESOURCES INC. AND SUBSIDIARIES

CONDENSED STATEMENTS OF CHANGES IN STOCKHOLDERS'
EQUITY (DEFICIT)

For the Three Months Ended September 30, 2025 and
2024

    Additional 
      
    Stockholders'

    Preferred Stock 
    Common Stock 
    Paid-In 
    Accumulated 
    Equity/

    Shares 
    Amount 
    Shares 
    Amount 
    Capital 
    Deficit 
    (Deficit)

    Balance June 30, 2024 
     5,000,000  
    $500  
     114,424,921  
    $11,443  
    $1,530,037  
    $(1,708,518) 
    $(166,538)

    Net loss 
     —  
     —  
     —  
     —  
     —  
     (67,785) 
     (67,785)

    Balance September 30, 2024 
     5,000,000  
    $500  
     114,424,921  
    $11,443  
    $1,530,037  
    $(1,776,303) 
    $(234,323)

    Shares issued for services 
     —  
     —  
     3,475,000  
     347  
     142,753  
     —  
     143,100 
  
    Net loss 
        
     —  
     —  
     —  
     —  
     (529,382) 
     (529,382)

    Balance June 30, 2025 
     5,000,000  
    $500  
     117,899,921  
    $11,790  
    $1,672,790  
    $(2,305,685) 
    $(620,605)

    Shares issued for debt conversion 
     —