$OKMN
Okmin Resources Inc Stock $okmn

$okmn Overview Financials Valuation SEC Filings Company Website

2022 Q4 Form 10-Q Financial Statement

#000155335022000904 Filed on November 14, 2022

Income Statement

Concept	2022 Q4	2022 Q3	2021 Q3
Revenue	$26.01K	$42.23K	$13.13K
YoY Change	195.9%	221.57%
Cost Of Revenue	$70.27K	$54.75K	$943.00
YoY Change	11000.32%	5705.51%
Gross Profit	-$44.26K	-$12.51K	$12.19K
YoY Change	-642.52%	-202.65%
Gross Profit Margin	-170.16%	-29.63%	92.83%
Selling, General & Admin	$120.6K	$116.7K	$7.610K
YoY Change	64.98%	1433.11%
% of Gross Profit			62.42%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$0.00	$0.00
YoY Change
% of Gross Profit
Operating Expenses	$120.6K	$116.7K	$7.605K
YoY Change	64.99%	1434.08%
Operating Profit	-$164.8K	-$129.2K	$4.585K
YoY Change	153.9%	-2917.47%
Interest Expense	$1.250K	$0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net	$1.250K
YoY Change
Pretax Income	-$163.6K	-$129.2K	$4.585K
YoY Change	151.98%	-2917.47%
Income Tax	$0.00	$0.00	$0.00
% Of Pretax Income			0.0%
Net Earnings	-$163.6K	-$129.2K	$4.585K
YoY Change	151.98%	-2917.47%
Net Earnings / Revenue	-628.91%	-305.88%	34.91%
Basic Earnings Per Share	$0.00	$0.00	$0.00
Diluted Earnings Per Share	$0.00	$0.00	$0.00
COMMON SHARES
Basic Shares Outstanding	109.4M shares	100.4M shares	89.01M shares
Diluted Shares Outstanding	166.0M shares	158.3M shares	89.01M shares

Balance Sheet

Concept	2022 Q4	2022 Q3	2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$343.5K	$412.6K	$470.2K
YoY Change	18.12%	-12.27%
Cash & Equivalents	$343.5K	$412.6K	$470.2K
Short-Term Investments
Other Short-Term Assets	$100.00	$0.00	$0.00
YoY Change
Inventory
Prepaid Expenses	$96.00	$0.00
Receivables	$77.17K	$60.42K	$8.700K
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$420.8K	$473.0K	$478.9K
YoY Change	40.45%	-1.25%
LONG-TERM ASSETS
Property, Plant & Equipment	$534.1K	$538.7K	$63.63K
YoY Change	6.14%	746.64%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$137.1K	$127.4K	$100.0K
YoY Change	37.1%	27.41%
Other Assets	$4.000K	$100.00	$100.00
YoY Change	3900.0%	0.0%
Total Long-Term Assets	$675.2K	$666.2K	$163.7K
YoY Change	11.92%	306.93%
TOTAL ASSETS
Total Short-Term Assets	$420.8K	$473.0K	$478.9K
Total Long-Term Assets	$675.2K	$666.2K	$163.7K
Total Assets	$1.096M	$1.139M	$642.7K
YoY Change	21.39%	77.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$2.288K	$4.712K	$0.00
YoY Change	35.38%
Accrued Expenses	$124.5K	$84.25K	$5.000K
YoY Change	771.24%	1585.0%
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	$126.8K	$164.0K	$5.000K
YoY Change	693.42%	3179.24%
LONG-TERM LIABILITIES
Long-Term Debt	$192.1K	$206.1K	$0.00
YoY Change	-16.82%
Other Long-Term Liabilities	$23.78K	$18.72K
YoY Change	1132.12%
Total Long-Term Liabilities	$215.9K	$224.9K	$0.00
YoY Change	-7.3%
TOTAL LIABILITIES
Total Short-Term Liabilities	$126.8K	$164.0K	$5.000K
Total Long-Term Liabilities	$215.9K	$224.9K	$0.00
Total Liabilities	$342.7K	$388.8K	$5.000K
YoY Change	37.69%	7676.32%
SHAREHOLDERS EQUITY
Retained Earnings	-$599.1K	-$435.5K
YoY Change
Common Stock	$11.22K	$10.71K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$753.3K	$750.4K	$637.7K
YoY Change
Total Liabilities & Shareholders Equity	$1.096M	$1.139M	$642.7K
YoY Change	21.39%	77.26%

Cashflow Statement

Concept	2022 Q4	2022 Q3	2021 Q3
OPERATING ACTIVITIES
Net Income	-$163.6K	-$129.2K	$4.585K
YoY Change	151.98%	-2917.47%
Depreciation, Depletion And Amortization	$0.00	$0.00
YoY Change
Cash From Operating Activities	-$141.4K	-$121.2K	$12.80K
YoY Change	171.53%	-1047.0%
INVESTING ACTIVITIES
Capital Expenditures	$15.15K
YoY Change	-96.99%
Acquisitions
YoY Change
Other Investing Activities		-$10.05K	-$63.63K
YoY Change		-84.21%
Cash From Investing Activities	-$5.100K	-$10.05K	-$63.63K
YoY Change	-98.84%	-84.2%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	77.50K	$329.5K	$245.5K
YoY Change	-75.18%	34.21%
NET CHANGE
Cash From Operating Activities	-141.4K	-$121.2K	$12.80K
Cash From Investing Activities	-5.100K	-$10.05K	-$63.63K
Cash From Financing Activities	77.50K	$329.5K	$245.5K
Net Change In Cash	-69.04K	$198.2K	$194.7K
YoY Change	-61.52%	1.84%
FREE CASH FLOW
Cash From Operating Activities	-$141.4K	-$121.2K	$12.80K
Capital Expenditures	$15.15K
Free Cash Flow	-$156.6K
YoY Change	-71.8%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q3	dei	Entity Central Index Key EntityCentralIndexKey	0001848334
CY2022Q3	dei	Amendment Flag AmendmentFlag	false
CY2022Q3	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--06-30
CY2022Q3	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
CY2022Q3	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2022Q3	us-gaap	Stock Issued During Period Value Other StockIssuedDuringPeriodValueOther		usd
CY2022Q3	dei	Document Type DocumentType	10-Q
CY2022Q3	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2022Q3	dei	Document Period End Date DocumentPeriodEndDate	2022-09-30
CY2022Q3	dei	Document Transition Report DocumentTransitionReport	false
CY2022Q3	dei	Entity File Number EntityFileNumber	000-56381
CY2022Q3	dei	Entity Registrant Name EntityRegistrantName	OKMIN RESOURCES, INC.
CY2022Q3	dei	Entity Ex Transition Period EntityExTransitionPeriod	true
CY2022Q3	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
CY2022Q3	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	85-4401166
CY2022Q3	dei	Entity Address Address Line1 EntityAddressAddressLine1	16501 Ventura Blvd.
CY2022Q3	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 400
CY2022Q3	dei	Entity Address City Or Town EntityAddressCityOrTown	Encino
CY2022Q3	dei	Entity Address State Or Province EntityAddressStateOrProvince	CA
CY2022Q3	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	91436
CY2022Q3	dei	City Area Code CityAreaCode	(818)
CY2022Q3	dei	Local Phone Number LocalPhoneNumber	201-3727
CY2022Q3	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2022Q3	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2022Q3	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2022Q3	dei	Entity Small Business EntitySmallBusiness	true
CY2022Q3	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2022Q3	dei	Entity Shell Company EntityShellCompany	false
CY2022Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	109370000	shares
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	412551	usd
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	214307	usd
CY2022Q3	OKMIN	Production Revenue Receivable ProductionRevenueReceivable	60418	usd
CY2022Q2	OKMIN	Production Revenue Receivable ProductionRevenueReceivable	29430	usd
CY2022Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	0	usd
CY2022Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	0	usd
CY2022Q3	us-gaap	Assets Current AssetsCurrent	472969	usd
CY2022Q2	us-gaap	Assets Current AssetsCurrent	243737	usd
CY2022Q3	us-gaap	Oil And Gas Property Full Cost Method Net OilAndGasPropertyFullCostMethodNet	538720	usd
CY2022Q2	us-gaap	Oil And Gas Property Full Cost Method Net OilAndGasPropertyFullCostMethodNet	528622	usd
CY2022Q3	OKMIN	Black Rock Joint Venture BlackRockJointVenture	127410	usd
CY2022Q2	OKMIN	Black Rock Joint Venture BlackRockJointVenture	127455	usd
CY2022Q3	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	96	usd
CY2022Q2	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	96	usd
CY2022Q3	us-gaap	Assets Noncurrent AssetsNoncurrent	666226	usd
CY2022Q2	us-gaap	Assets Noncurrent AssetsNoncurrent	656173	usd
CY2022Q3	us-gaap	Assets Assets	1139195	usd
CY2022Q2	us-gaap	Assets Assets	899910	usd
CY2022Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	4712	usd
CY2022Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	1305	usd
CY2022Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	84250	usd
CY2022Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	54000	usd
CY2022Q3	OKMIN	Shares To Be Issued SharesToBeIssued	75000	usd
CY2022Q2	OKMIN	Shares To Be Issued SharesToBeIssued	0	usd
CY2022Q3	us-gaap	Liabilities Current LiabilitiesCurrent	163962	usd
CY2022Q2	us-gaap	Liabilities Current LiabilitiesCurrent	55305	usd
CY2022Q3	us-gaap	Interest Payable Current InterestPayableCurrent	18719	usd
CY2022Q2	us-gaap	Interest Payable Current InterestPayableCurrent	13385	usd
CY2022Q3	us-gaap	Notes Payable NotesPayable	206135	usd
CY2022Q2	us-gaap	Notes Payable NotesPayable	219260	usd
CY2022Q3	us-gaap	Liabilities Liabilities	388816	usd
CY2022Q2	us-gaap	Liabilities Liabilities	287950	usd
CY2022Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	usd
CY2022Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	usd
CY2022Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2022Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2022Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2022Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2022Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	5000000	shares
CY2022Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	5000000	shares
CY2022Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	5000000	shares
CY2022Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	5000000	shares
CY2022Q3	us-gaap	Preferred Stock Value PreferredStockValue	500	usd
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CY2022Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
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CY2022Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	750000000	shares
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CY2022Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	100430000	shares
CY2022Q3	us-gaap	Common Stock Value CommonStockValue	10712	usd
CY2022Q2	us-gaap	Common Stock Value CommonStockValue	10043	usd
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CY2022Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	907707	usd
CY2022Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-435471	usd
CY2022Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-306290	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	750379	usd
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CY2022Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	899910	usd
CY2022Q3	us-gaap	Revenues Revenues	42232	usd
CY2021Q3	us-gaap	Revenues Revenues	13133	usd
CY2022Q3	us-gaap	Cost Of Revenue CostOfRevenue	54746	usd
CY2021Q3	us-gaap	Cost Of Revenue CostOfRevenue	943	usd
CY2022Q3	us-gaap	Gross Profit GrossProfit	-12514	usd
CY2021Q3	us-gaap	Gross Profit GrossProfit	12191	usd
CY2022Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	116667	usd
CY2021Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7605	usd
CY2022Q3	us-gaap	Operating Expenses OperatingExpenses	116667	usd
CY2021Q3	us-gaap	Operating Expenses OperatingExpenses	7605	usd
CY2022Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-129181	usd
CY2021Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	4585	usd
CY2022Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	-129181	usd
CY2021Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	4585	usd
CY2022Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2021Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	-129181	usd
CY2021Q3	us-gaap	Net Income Loss NetIncomeLoss	4585	usd
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2021Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.00
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2021Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.00
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	100572011	shares
CY2021Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	89013846	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	158272011	shares
CY2021Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	89013846	shares
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	611960	usd
CY2022Q3	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	255000	usd
CY2022Q3	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	12600	usd
CY2022Q3	us-gaap	Profit Loss ProfitLoss	-129181	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	750379	usd
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
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	-129181	usd
CY2021Q3	us-gaap	Net Income Loss NetIncomeLoss	4585	usd
CY2022Q3	us-gaap	Increase Decrease In Unproved Oil And Gas Property IncreaseDecreaseInUnprovedOilAndGasProperty	6818	usd
CY2021Q3	us-gaap	Increase Decrease In Unproved Oil And Gas Property IncreaseDecreaseInUnprovedOilAndGasProperty	-0	usd
CY2022Q3	OKMIN	Increase Decrease In Prepaid Deposit Kluin Trust Acc IncreaseDecreaseInPrepaidDepositKluinTrustAcc	-0	usd
CY2021Q3	OKMIN	Increase Decrease In Prepaid Deposit Kluin Trust Acc IncreaseDecreaseInPrepaidDepositKluinTrustAcc	-25000	usd
CY2022Q3	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	0	usd
CY2021Q3	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	0	usd
CY2022Q3	OKMIN	Production Revenues Receivable ProductionRevenuesReceivable	24170	usd
CY2021Q3	OKMIN	Production Revenues Receivable ProductionRevenuesReceivable	8701	usd
CY2022Q3	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	38991	usd
CY2021Q3	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-8089	usd
CY2022Q3	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-121178	usd
CY2021Q3	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	12796	usd
CY2022Q3	OKMIN	Blackrock Joint Ventures BlackrockJointVentures	-45	usd
CY2021Q3	OKMIN	Blackrock Joint Ventures BlackrockJointVentures	-0	usd
CY2022Q3	OKMIN	Pushmataha Lease PushmatahaLease	10689	usd
CY2021Q3	OKMIN	Pushmataha Lease PushmatahaLease	-0	usd
CY2022Q3	OKMIN	Sheppard Pool Gas Project SheppardPoolGasProject	-89	usd
CY2021Q3	OKMIN	Sheppard Pool Gas Project SheppardPoolGasProject	5000	usd
CY2022Q3	OKMIN	Vitt Leasekansas VittLeasekansas	-0	usd
CY2021Q3	OKMIN	Vitt Leasekansas VittLeasekansas	28729	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	198244	usd
CY2022Q3	OKMIN	Vitt Leasekansasintangible Assets VittLeasekansasintangibleAssets	-0	usd
CY2021Q3	OKMIN	Vitt Leasekansasintangible Assets VittLeasekansasintangibleAssets	29900	usd
CY2022Q3	OKMIN	Vitt Leasekansas Tangible Assets VittLeasekansasTangibleAssets	-0	usd
CY2021Q3	OKMIN	Vitt Leasekansas Tangible Assets VittLeasekansasTangibleAssets	-0	usd
CY2022Q3	OKMIN	Vitt Leasekansas Tangible Assets Depreciation VittLeasekansasTangibleAssetsDepreciation	502	usd
CY2021Q3	OKMIN	Vitt Leasekansas Tangible Assets Depreciation VittLeasekansasTangibleAssetsDepreciation	0	usd
CY2022Q3	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-10053	usd
CY2021Q3	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-63629	usd
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CY2021Q3	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	982	usd
CY2022Q3	OKMIN	Opening Equity Balance OpeningEquityBalance	75669	usd
CY2021Q3	OKMIN	Opening Equity Balance OpeningEquityBalance	0	usd
CY2022Q3	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	329475	usd
CY2021Q3	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	245500	usd
CY2021Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	194667	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
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	412551	usd
CY2021Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	470239	usd
CY2022Q3	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_844_eus-gaap--UseOfEstimates_zjyPN2GF6t1b" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i><span id="xdx_86E_zk36cyqoAbbb">Use of Estimates</span></i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 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: 0pt 0; text-align: justify"> <b><i> </i></b></p>
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	412551	usd
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	214307	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	-129181	usd
CY2022Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-435471	usd
CY2022Q3	OKMIN	Working Capital WorkingCapital	308899	usd
CY2022Q3	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.
CY2022Q3	us-gaap	Results Of Operations Revenue Other ResultsOfOperationsRevenueOther	0	usd
CY2022Q3	us-gaap	Revenues Revenues	42232	usd
CY2022Q3	us-gaap	Cost Of Revenue CostOfRevenue	54746	usd
CY2022Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2022Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2022Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	5000000	shares
CY2022Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	5000000	shares
CY2022Q3	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.
CY2022Q3	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. The Series A Preferred Stock upon liquidation, winding-up or dissolution of the Corporation, ranks on a parity, in all respects, with all the Common Stock.
CY2022Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	750000000	shares
CY2022Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2022Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	107120000	shares
CY2022Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	107120000	shares
CY2022Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-129181	usd
CY2022Q3	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	100572011	shares
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2022Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-129181	usd
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	158272011	shares
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2022Q3	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	435472	usd
CY2022Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.21	pure
CY2022Q3	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	91449	usd
CY2021Q4	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	0.03
CY2022Q3	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	206135	usd
CY2022Q3	us-gaap	Interest Payable Current InterestPayableCurrent	18719	usd
CY2022Q3	OKMIN	Net Revenue Received NetRevenueReceived	125000	usd

Files In Submission

Name	View Source	Status
0001553350-22-000904-index-headers.html	Edgar Link	pending
0001553350-22-000904-index.html	Edgar Link	pending
0001553350-22-000904.txt	Edgar Link	pending
0001553350-22-000904-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
okmin-20220930.xsd	Edgar Link	pending
okmin_10q.htm	Edgar Link	pending
okmin_ex31z1.htm	Edgar Link	pending
okmin_ex32z1.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
okmin-20220930_cal.xml	Edgar Link	unprocessable
okmin-20220930_def.xml	Edgar Link	unprocessable
okmin-20220930_lab.xml	Edgar Link	unprocessable
okmin-20220930_pre.xml	Edgar Link	unprocessable
okmin_10q_htm.xml	Edgar Link	completed
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable

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$OKMN
Okmin Resources Inc Stock $okmn

2022 Q4 Form 10-Q Financial Statement

#000155335022000904 Filed on November 14, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OKMN Okmin Resources Inc Stock $okmn

2022 Q4 Form 10-Q Financial Statement

#000155335022000904 Filed on November 14, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OKMN
Okmin Resources Inc Stock $okmn