$OKMN
Okmin Resources Inc

2024 Q3 Form 10-Q Financial Statement

#000107997324001518 Filed on November 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q3
Revenue $5.991K
YoY Change -73.58%
Cost Of Revenue $9.717K
YoY Change -69.87%
Gross Profit -$3.726K
YoY Change -61.07%
Gross Profit Margin -62.19%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.359K
YoY Change 9.77%
% of Gross Profit
Operating Expenses $60.74K
YoY Change -42.79%
Operating Profit -$64.46K
YoY Change -44.3%
Interest Expense $3.321K
YoY Change -14.87%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$67.79K
YoY Change -39.39%
Income Tax
% Of Pretax Income
Net Earnings -$67.79K
YoY Change -39.39%
Net Earnings / Revenue -1131.45%
Basic Earnings Per Share $0.00
Diluted Earnings Per Share $0.00
COMMON SHARES
Basic Shares Outstanding 114.4M shares
Diluted Shares Outstanding 171.2M shares

Balance Sheet

Concept 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $73.60K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $73.60K
YoY Change -52.12%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $293.0K
YoY Change -62.25%
TOTAL ASSETS
Total Short-Term Assets $73.60K
Total Long-Term Assets $293.0K
Total Assets $366.6K
YoY Change -60.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $36.48K
YoY Change 10629.41%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $600.9K
YoY Change 286.23%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $600.9K
Total Long-Term Liabilities
Total Liabilities
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$1.776M
YoY Change 87.54%
Common Stock $11.44K
YoY Change 0.42%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$234.3K
YoY Change
Total Liabilities & Shareholders Equity $366.6K
YoY Change -60.58%

Cashflow Statement

Concept 2024 Q3
OPERATING ACTIVITIES
Net Income -$67.79K
YoY Change -39.39%
Depreciation, Depletion And Amortization $1.359K
YoY Change 9.77%
Cash From Operating Activities $7.320K
YoY Change -104.12%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$6.000K
YoY Change -105.54%
NET CHANGE
Cash From Operating Activities $7.320K
Cash From Investing Activities
Cash From Financing Activities -$6.000K
Net Change In Cash $1.320K
YoY Change -101.9%
FREE CASH FLOW
Cash From Operating Activities $7.320K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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<p id="xdx_849_eus-gaap--UseOfEstimates_zsp2D14MOmK4" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i><span id="xdx_86B_zzGRgt2EsAsf">Use of Estimates</span></i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and certain assumptions that affect the amounts reported in these consolidated financial statements and accompanying notes. Actual results could differ from these estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
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Files In Submission

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