$OKMN
Okmin Resources Inc Stock $okmn

$okmn Overview Financials Valuation SEC Filings Company Website

2022 Q3 Form 10-K Financial Statement

#000155335022000785 Filed on September 23, 2022

Income Statement

Concept	2022 Q3	2022 Q2	2022 Q1
Revenue	$42.23K	$40.42K	$29.50K
YoY Change	221.57%	728.28%
Cost Of Revenue	$54.75K	$62.52K	$25.91K
YoY Change	5705.51%	17762.86%
Gross Profit	-$12.51K	-$22.10K	$3.591K
YoY Change	-202.65%	-587.86%
Gross Profit Margin	-29.63%	-54.68%	12.17%
Selling, General & Admin	$116.7K	$62.53K	$92.99K
YoY Change	1433.11%	963.44%
% of Gross Profit			2589.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$0.00		$0.00
YoY Change
% of Gross Profit			0.0%
Operating Expenses	$116.7K	$62.53K	$92.99K
YoY Change	1434.08%	963.44%
Operating Profit	-$129.2K	-$84.63K	-$89.40K
YoY Change	-2917.47%	6168.89%
Interest Expense	$0.00		$0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	-$129.2K	-$84.64K	-$89.40K
YoY Change	-2917.47%	6169.63%
Income Tax	$0.00	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$129.2K	-$84.64K	-$89.40K
YoY Change	-2917.47%	6169.41%
Net Earnings / Revenue	-305.88%	-209.39%	-303.05%
Basic Earnings Per Share	$0.00		$0.00
Diluted Earnings Per Share	$0.00	$0.00	$0.00
COMMON SHARES
Basic Shares Outstanding	100.4M shares		95.16M shares
Diluted Shares Outstanding	158.3M shares		152.9M shares

Balance Sheet

Concept	2022 Q3	2022 Q2	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$412.6K	$214.3K	$235.4K
YoY Change	-12.27%
Cash & Equivalents	$412.6K	$214.3K	$235.4K
Short-Term Investments
Other Short-Term Assets	$0.00	$0.00	$0.00
YoY Change
Inventory
Prepaid Expenses	$0.00	$0.00
Receivables	$60.42K	$29.43K	$11.16K
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$473.0K	$243.7K	$246.6K
YoY Change	-1.25%	-18.91%
LONG-TERM ASSETS
Property, Plant & Equipment	$538.7K	$528.6K	$524.2K
YoY Change	746.64%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$127.4K	$127.5K	$100.0K
YoY Change	27.41%
Other Assets	$100.00	$100.00	$100.00
YoY Change	0.0%
Total Long-Term Assets	$666.2K	$656.2K	$624.3K
YoY Change	306.93%	555.54%
TOTAL ASSETS
Total Short-Term Assets	$473.0K	$243.7K	$246.6K
Total Long-Term Assets	$666.2K	$656.2K	$624.3K
Total Assets	$1.139M	$899.9K	$870.9K
YoY Change	77.26%	124.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$4.712K	$1.306K	$1.830K
YoY Change		-83.85%
Accrued Expenses	$84.25K	$54.00K	$33.75K
YoY Change	1585.0%	980.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$164.0K	$55.31K	$35.58K
YoY Change	3179.24%	322.54%
LONG-TERM LIABILITIES
Long-Term Debt	$206.1K	$219.3K	$231.0K
YoY Change
Other Long-Term Liabilities	$18.72K	$13.39K	$7.700K
YoY Change
Total Long-Term Liabilities	$224.9K	$232.7K	$238.7K
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$164.0K	$55.31K	$35.58K
Total Long-Term Liabilities	$224.9K	$232.7K	$238.7K
Total Liabilities	$388.8K	$288.0K	$274.3K
YoY Change	7676.32%	2099.95%
SHAREHOLDERS EQUITY
Retained Earnings	-$435.5K	-$306.3K
YoY Change		325.87%
Common Stock	$10.71K	$10.04K
YoY Change		22.06%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$750.4K	$612.0K	$596.6K
YoY Change
Total Liabilities & Shareholders Equity	$1.139M	$899.9K	$870.9K
YoY Change	77.26%	124.6%

Cashflow Statement

Concept	2022 Q3	2022 Q2	2022 Q1
OPERATING ACTIVITIES
Net Income	-$129.2K	-$84.64K	-$89.40K
YoY Change	-2917.47%	6169.41%
Depreciation, Depletion And Amortization	$0.00		$0.00
YoY Change
Cash From Operating Activities	-$121.2K	-$77.50K	-$66.41K
YoY Change	-1047.0%	-7.66%
INVESTING ACTIVITIES
Capital Expenditures			$20.99K
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$10.05K	-$556.1K
YoY Change	-84.21%	456.08%
Cash From Investing Activities	-$10.05K	-$31.87K	-$20.99K
YoY Change	-84.2%	-68.13%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$329.5K	88.26K	32.00K
YoY Change	34.21%	-80.79%
NET CHANGE
Cash From Operating Activities	-$121.2K	-77.50K	-66.41K
Cash From Investing Activities	-$10.05K	-31.87K	-20.99K
Cash From Financing Activities	$329.5K	88.26K	32.00K
Net Change In Cash	$198.2K	-21.11K	-55.40K
YoY Change	1.84%	-107.66%
FREE CASH FLOW
Cash From Operating Activities	-$121.2K	-$77.50K	-$66.41K
Capital Expenditures			$20.99K
Free Cash Flow			-$87.40K
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q2	us-gaap	Oil And Gas Property Full Cost Method Net OilAndGasPropertyFullCostMethodNet	528622	usd
CY2021Q2	us-gaap	Oil And Gas Property Full Cost Method Net OilAndGasPropertyFullCostMethodNet	0	usd
CY2022Q2	OKMIN	Black Rock Joint Venture BlackRockJointVenture	127455	usd
CY2021Q2	OKMIN	Black Rock Joint Venture BlackRockJointVenture	100000	usd
CY2022Q2	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	96	usd
CY2022	dei	Entity Central Index Key EntityCentralIndexKey	0001848334
CY2022	dei	Amendment Flag AmendmentFlag	false
CY2022	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
CY2022	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity		usd
CY2022	dei	Document Type DocumentType	10-K
CY2022	dei	Document Annual Report DocumentAnnualReport	true
CY2022	dei	Document Period End Date DocumentPeriodEndDate	2022-06-30
CY2022	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--06-30
CY2022	dei	Document Transition Report DocumentTransitionReport	false
CY2022	dei	Entity File Number EntityFileNumber	000-56381
CY2022	dei	Entity Registrant Name EntityRegistrantName	OKMIN RESOURCES, INC.
CY2022	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
CY2022	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	85-4401166
CY2022	dei	Entity Address Address Line1 EntityAddressAddressLine1	16501 Ventura Blvd
CY2022	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 400
CY2022	dei	Entity Address City Or Town EntityAddressCityOrTown	Encino
CY2022	dei	Entity Address State Or Province EntityAddressStateOrProvince	CA
CY2022	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	91436
CY2022	dei	City Area Code CityAreaCode	(818)
CY2022	dei	Local Phone Number LocalPhoneNumber	201-3727
CY2022	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2022	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2022	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2022	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2022	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2022	dei	Entity Small Business EntitySmallBusiness	true
CY2022	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2022	dei	Entity Ex Transition Period EntityExTransitionPeriod	true
CY2022	dei	Entity Shell Company EntityShellCompany	false
CY2021Q4	dei	Entity Public Float EntityPublicFloat	811250	usd
CY2022Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	100430000	shares
CY2022	dei	Auditor Name AuditorName	BF Borgers CPA PC
CY2022	dei	Auditor Firm AuditorFirmId	5041
CY2022	dei	Auditor Location AuditorLocation	Lakewood, CO
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	214307	usd
CY2021Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	275572	usd
CY2022Q2	OKMIN	Production Revenue Receivable ProductionRevenueReceivable	29430	usd
CY2021Q2	OKMIN	Production Revenue Receivable ProductionRevenueReceivable	0	usd
CY2022Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	0	usd
CY2021Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	25000	usd
CY2022Q2	us-gaap	Assets Current AssetsCurrent	243737	usd
CY2021Q2	us-gaap	Assets Current AssetsCurrent	300572	usd
CY2021Q2	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	96	usd
CY2022Q2	us-gaap	Assets Noncurrent AssetsNoncurrent	656173	usd
CY2021Q2	us-gaap	Assets Noncurrent AssetsNoncurrent	100096	usd
CY2022Q2	us-gaap	Assets Assets	899910	usd
CY2021Q2	us-gaap	Assets Assets	400668	usd
CY2022Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	1306	usd
CY2021Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	8089	usd
CY2022Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	54000	usd
CY2021Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	5000	usd
CY2022Q2	us-gaap	Liabilities Current LiabilitiesCurrent	55306	usd
CY2021Q2	us-gaap	Liabilities Current LiabilitiesCurrent	13089	usd
CY2022Q2	us-gaap	Interest Payable Current InterestPayableCurrent	13385	usd
CY2021Q2	us-gaap	Interest Payable Current InterestPayableCurrent	0	usd
CY2022Q2	us-gaap	Notes Payable NotesPayable	219260	usd
CY2021Q2	us-gaap	Notes Payable NotesPayable	0	usd
CY2022Q2	us-gaap	Liabilities Liabilities	287951	usd
CY2021Q2	us-gaap	Liabilities Liabilities	13089	usd
CY2022Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	usd
CY2021Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	usd
CY2022Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2021Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2022Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2021Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2022Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	5000000	shares
CY2022Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	5000000	shares
CY2021Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2021Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2022Q2	us-gaap	Preferred Stock Value PreferredStockValue	500	usd
CY2021Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2022Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2021Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2022Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	750000000	shares
CY2021Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	750000000	shares
CY2022Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	100430000	shares
CY2022Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	100430000	shares
CY2021Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	82280000	shares
CY2021Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	82280000	shares
CY2022Q2	us-gaap	Common Stock Value CommonStockValue	10043	usd
CY2021Q2	us-gaap	Common Stock Value CommonStockValue	8228	usd
CY2022Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	907707	usd
CY2021Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	451272	usd
CY2022Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-306290	usd
CY2021Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-71921	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	611960	usd
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	387579	usd
CY2022Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	899911	usd
CY2021Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	400668	usd
CY2022	us-gaap	Revenues Revenues	91838	usd
	us-gaap	Revenues Revenues	4881	usd
CY2022	us-gaap	Cost Of Revenue CostOfRevenue	90001	usd
	us-gaap	Cost Of Revenue CostOfRevenue	352	usd
CY2022	us-gaap	Gross Profit GrossProfit	1837	usd
	us-gaap	Gross Profit GrossProfit	4530	usd
CY2022	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	236206	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	76451	usd
CY2022	us-gaap	Operating Expenses OperatingExpenses	236206	usd
	us-gaap	Operating Expenses OperatingExpenses	76451	usd
CY2022	us-gaap	Operating Income Loss OperatingIncomeLoss	-234369	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-71921	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	-234369	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	-71921	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-234369	usd
	us-gaap	Net Income Loss NetIncomeLoss	-71921	usd
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	94058931	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	69434742	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	136420733	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	69434742	shares
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	387579	usd
CY2021Q3	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	243500	usd
CY2021Q3	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	2000	usd
CY2021Q3	us-gaap	Profit Loss ProfitLoss	4585	usd
CY2021Q3	us-gaap	Stockholders Equity StockholdersEquity	637664	usd
CY2021Q4	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	45000	usd
CY2021Q4	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	5000	usd
CY2021Q4	us-gaap	Stock Issued During Period Value Other StockIssuedDuringPeriodValueOther	31250	usd
CY2021Q4	us-gaap	Profit Loss ProfitLoss	-64917	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	653997	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	32000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-89400	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	596597	usd
CY2022Q2	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	100000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	-84637	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	611960	usd
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	394000	usd
	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	65500	usd
	us-gaap	Profit Loss ProfitLoss	-71921	usd
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	387579	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-234369	usd
	us-gaap	Net Income Loss NetIncomeLoss	-71921	usd
CY2022	us-gaap	Increase Decrease In Unproved Oil And Gas Property IncreaseDecreaseInUnprovedOilAndGasProperty	-0	usd
	us-gaap	Increase Decrease In Unproved Oil And Gas Property IncreaseDecreaseInUnprovedOilAndGasProperty	-0	usd
CY2022	OKMIN	Increase Decrease In Prepaid Deposit IncreaseDecreaseInPrepaidDeposit	-25000	usd
	OKMIN	Increase Decrease In Prepaid Deposit IncreaseDecreaseInPrepaidDeposit	25000	usd
CY2022	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	0	usd
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	-96	usd
CY2022	OKMIN	Production Revenues Receivable ProductionRevenuesReceivable	29430	usd
	OKMIN	Production Revenues Receivable ProductionRevenuesReceivable	-0	usd
CY2022	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	55601	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	13089	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-183198	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-83928	usd
CY2022	OKMIN	Black Rock Joint Ventures BlackRockJointVentures	27455	usd
	OKMIN	Black Rock Joint Ventures BlackRockJointVentures	100000	usd
CY2022	OKMIN	Pushmataha Lease PushmatahaLease	260026	usd
	OKMIN	Pushmataha Lease PushmatahaLease	-0	usd
CY2022	OKMIN	Sheppard Pool Gas Project SheppardPoolGasProject	163726	usd
	OKMIN	Sheppard Pool Gas Project SheppardPoolGasProject	-0	usd
CY2022	OKMIN	Vitt Leasekansas VittLeasekansas	28729	usd
	OKMIN	Vitt Leasekansas VittLeasekansas	-0	usd
CY2022	OKMIN	Vitt Leasekansas Intangible Assets VittLeasekansasIntangibleAssets	64099	usd
	OKMIN	Vitt Leasekansas Intangible Assets VittLeasekansasIntangibleAssets	-0	usd
CY2022	OKMIN	Vitt Leasekansas Tangible Assets VittLeasekansasTangibleAssets	14050	usd
	OKMIN	Vitt Leasekansas Tangible Assets VittLeasekansasTangibleAssets	-0	usd
CY2022	OKMIN	Vitt Leasekansas Tangible Assets Depreciation VittLeasekansasTangibleAssetsDepreciation	2008	usd
	OKMIN	Vitt Leasekansas Tangible Assets Depreciation VittLeasekansasTangibleAssetsDepreciation	0	usd
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-556077	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-100000	usd
CY2022	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	219260	usd
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	0	usd
CY2022	OKMIN	Additional Paid In Capital Amount AdditionalPaidInCapitalAmount	456435	usd
	OKMIN	Additional Paid In Capital Amount AdditionalPaidInCapitalAmount	451272	usd
CY2022	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	usd
CY2022	OKMIN	Opening Equity Balance OpeningEquityBalance	2315	usd
	OKMIN	Opening Equity Balance OpeningEquityBalance	8228	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	678010	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	459500	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-61265	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	275572	usd
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	275572	usd
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	0	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	214307	usd
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	275572	usd
CY2022Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2022	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_848_eus-gaap--UseOfEstimates_zx5L635qVtsi" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i><span id="xdx_861_zMuTDCod3IA5">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; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/>
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	214307	usd
CY2022	us-gaap	Revenues Revenues	91838	usd
	us-gaap	Revenues Revenues	4881	usd
CY2022	us-gaap	Cost Of Revenue CostOfRevenue	90001	usd
	us-gaap	Cost Of Revenue CostOfRevenue	352	usd
CY2022Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2022	us-gaap	Preferred Stock Voting Rights PreferredStockVotingRights	Each share of Series A Preferred Stock has voting rights of ten votes per share, though is not entitled to receive dividends.
CY2022	us-gaap	Preferred Stock Conversion Basis PreferredStockConversionBasis	Additionally, each share of Series A preferred shares may be converted at $0.01 per preferred share into ten shares of common stock for each share of Series A Preferred Stock.
CY2022Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	750000000	shares
CY2022Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2022Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	100430000	shares
CY2022Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	100430000	shares
CY2021Q4	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	1250000	shares
CY2021Q4	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	231000	usd
CY2021Q4	us-gaap	Other Noncash Expense OtherNoncashExpense	31250	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-234369	usd
	us-gaap	Net Income Loss NetIncomeLoss	-71921	usd
CY2022	OKMIN	Basic Weighted Average Number Of Common Shares Outstanding BasicWeightedAverageNumberOfCommonSharesOutstanding	94058931	shares
	OKMIN	Basic Weighted Average Number Of Common Shares Outstanding BasicWeightedAverageNumberOfCommonSharesOutstanding	69434742	shares
CY2022	OKMIN	Effect Of Dilutive Securities Preferred Stock EffectOfDilutiveSecuritiesPreferredStock	50000000	shares
	OKMIN	Effect Of Dilutive Securities Preferred Stock EffectOfDilutiveSecuritiesPreferredStock	0	shares
CY2022	OKMIN	Effect Of Dilutive Securities Convertible Debt EffectOfDilutiveSecuritiesConvertibleDebt	7700000	shares
	OKMIN	Effect Of Dilutive Securities Convertible Debt EffectOfDilutiveSecuritiesConvertibleDebt	0	shares
CY2022	OKMIN	Effect Of Dilutive Securities EffectOfDilutiveSecurities	57000000	shares
	OKMIN	Effect Of Dilutive Securities EffectOfDilutiveSecurities	0	shares
CY2022	OKMIN	Diluted Weighted Average Number Of Common Shares Outstanding DilutedWeightedAverageNumberOfCommonSharesOutstanding	136420733	shares
	OKMIN	Diluted Weighted Average Number Of Common Shares Outstanding DilutedWeightedAverageNumberOfCommonSharesOutstanding	69434742	shares
CY2022	OKMIN	Basic And Diluted Loss Per Common Share BasicAndDilutedLossPerCommonShare	-0.02
	OKMIN	Basic And Diluted Loss Per Common Share BasicAndDilutedLossPerCommonShare	-0.00
CY2022Q2	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	306290	usd
CY2022	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.21	pure
CY2022Q2	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	64321	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-234369	usd
CY2022Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-306290	usd
CY2022Q2	OKMIN	Working Capital WorkingCapital	188431	usd
CY2022	us-gaap	Effect On Future Earnings And Cash Flows Offset Description EffectOnFutureEarningsAndCashFlowsOffsetDescription	In the upcoming 2023 fiscal year, the Company anticipates cash needs of a minimum of $550,000, of which approximately $250,000 is for general corporate overhead and $300,000 for continued work on existing properties.
CY2021Q4	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	0.03
CY2022Q2	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	219260	usd
CY2022Q2	us-gaap	Interest Payable Current InterestPayableCurrent	13385	usd

Files In Submission

Name	View Source	Status
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0001553350-22-000785-index.html	Edgar Link	pending
0001553350-22-000785.txt	Edgar Link	pending
0001553350-22-000785-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
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MetaLinks.json	Edgar Link	pending
okmin-20220630.xsd	Edgar Link	pending
okmin_10k.htm	Edgar Link	pending
okmin_ex21z1.htm	Edgar Link	pending
okmin_ex31z1.htm	Edgar Link	pending
okmin_ex32z1.htm	Edgar Link	pending
okmin_ex3z1.htm	Edgar Link	pending
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okmin_ex4z1.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
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okmin-20220630_lab.xml	Edgar Link	unprocessable
okmin-20220630_pre.xml	Edgar Link	unprocessable
okmin-20220630_def.xml	Edgar Link	unprocessable
okmin_10k_htm.xml	Edgar Link	completed
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
okmin-20220630_cal.xml	Edgar Link	unprocessable

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$OKMN
Okmin Resources Inc Stock $okmn

2022 Q3 Form 10-K Financial Statement

#000155335022000785 Filed on September 23, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OKMN Okmin Resources Inc Stock $okmn

2022 Q3 Form 10-K Financial Statement

#000155335022000785 Filed on September 23, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OKMN
Okmin Resources Inc Stock $okmn