Company: OKMN
Filing Date: 2025-05-16
Form Type: 10-Q
Source: 0001079973-25-000885
Chunk: 0

Company: OKMIN RESOURCES, INC.
Filing Date: 2025-05-16
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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  Loss before taxes                                                         ( 67,241                            ( 121,127                           ( 353,785        ( 324,814  
  Provision for income taxes                                                       —                                    —                                   —                —  
  Net loss                                           $                      ( 67,241      $                     ( 121,127      $                    ( 353,785        ( 324,814  
  Net loss per share                                                                                                                                                            
  Basic                                              $                        ( 0.00      $                        ( 0.00      $                       ( 0.00           ( 0.00  
  Diluted                                            $                        ( 0.00      $                        ( 0.00      $                       ( 0.00           ( 0.00  
  Weighted average number of shares outstanding                                                                                                                                 
  Basic                                                                  117,399,921                          114,103,180                         115,927,749      113,957,353  
  Diluted                                                                174,024,568                          170,985,347                         172,177,205      170,050,089  

See accompanying notes to the unaudited consolidated
financial statements.

   2  

OKMIN RESOURCES INC. AND SUBSIDIARIES

CONDENSED STATEMENTS OF CHANGES IN STOCKHOLDERS’
EQUITY (DEFICIT)

For the Three and Nine Months Ended March 31, 2025
and 2024

(Unaudited)

 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Balance June 30, 2023           5,000,000      500      113,432,500      11,344      1,393,006        ( 835,304        569,546  
  Shares issued for services      —              —            670,680          67        123,389                —        123,456  
  Net loss                        —              —                  —           —              —        ( 203,687      ( 203,687  
  Balance, March 31, 2024         5,000,000      500      114,103,180      11,411      1,516,395      ( 1,038,991        489,315  
  Shares issued for services      —              —            321,741          32         13,642                —         13,674