Company: OKMN
Filing Date: 2025-11-25
Form Type: 10-Q
Source: 0001553350-25-000149
Chunk: 3

Company: OKMIN RESOURCES, INC.
Filing Date: 2025-11-25
Form: 10-Q
Item: Item 1
Chunk 3
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     —  
     6,503,024  
     651  
     194,440  
        
     195,091 
  
    Shares issued for services 
     —  
     —  
     173,090  
     17  
     10,368  
        
     10,385 
  
    Private placement 
     —  
     —  
     1,000,000  
     100  
     29,900  
        
     30,000 
  
    Net loss 
     —  
     —  
     —  
     —  
     —  
     (73,430) 
     (73,430)

    Balance September 30, 2025 
     5,000,000  
    $500  
     125,576,035  
    $12,558  
    $1,907,498  
    $(2,379,115) 
    $(458,559)

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

3 

OKMIN RESOURCES INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF
CASH FLOW

    Three Months Ended September 30, 2025 
    Three Months Ended September 30, 2024
  
    Cash Flows from Operating Activities 

    Net loss 
    $(73,430) 
    $(67,785)
  
    Adjustments to reconcile net loss to net cash from (used in) operations: 

    Depreciation and Amortization 
     707  
     1,359 
  
    Changes in operating assets and liabilities 

    Accrued Product Sale (O&G) 
     (128) 
     (33)
  
    Issuance of common stock for services 
     10,385  

    Accounts payable and accrued liabilities 
     63,391  
     69,951 
  
    Gain from forgiveness of accounts payable 
     (16,761) 

    Other liabilities 
     (12,029) 

    Net cash (used in) provided by operating activities 
     (27,865) 
     7,320 

    Cash Flows from Financing Activities 

    Note repayment