What is COJAX OIL & GAS CORP's earnings per share (EPS)?

COJAX OIL & GAS CORP (CJAX) reported diluted earnings per share of -$0.08 for fiscal year 2025. This represents a 38.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

COJAX OIL & GAS CORP (CJAX) Financials

CJAX

Trailing 12 months to June 30, 2026

Revenue $833K -20.1% YoY

Net Income -$1.0M +35.2% YoY

EPS (Diluted) -$0.08 FY2025 annual

Operating Cash Flow $1K +103.2% YoY

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 12, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CJAX SEC filings page.

COJAX OIL & GAS CORP (CJAX) reported $833K in revenue over the twelve months to Jun 30, 2026, down 20.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CJAX FY2025 2026-08-29

The loss-making revenue model is paired with positive operating cash flow and minimal debt, revealing unusual earnings mechanics.

From FY2023 through FY2025, revenue stayed near $1.0M while operating losses narrowed; operating margin improved from -175.4% to -106.8%, indicating cost reduction without reaching break-even rather than growth-led leverage. In FY2025, positive operating cash flow of $41K alongside a $1.1M net loss shows that accounting losses and cash movement are diverging, likely because of non-cash charges and working-capital effects.

FY2025 total assets were $9.6M, but current assets were only $208K, so reported asset value is not the same as near-term liquidity. Against current liabilities of $1.2M, the 0.2x current ratio points to short-term tightness even though leverage itself is minimal.

Long-term debt declined from $21K in FY2023 to $817K in FY2025, making debt a minor part of the financing structure. Instead, FY2025 revenue of $964K sat only modestly above SG&A of $776K, leaving little room for other operating costs.

Financial Health Signals

Financial health score pending refresh

We are recalculating COJAX OIL & GAS CORP's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Altman Z-Score Safe

15.11

COJAX OIL & GAS CORP scores 15.11, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($50.3M) relative to total liabilities ($1.7M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

6/8

COJAX OIL & GAS CORP passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

N/A

COJAX OIL & GAS CORP reported a net loss of $1.1M while generating $41K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

COJAX OIL & GAS CORP reported an operating loss of $1.0M against $2K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$329K

YoY+41.0%

QoQ+193.9%

COJAX OIL & GAS CORP generated $329K in revenue in Q2 2026. This represents an increase of 41.0% from the same quarter a year earlier. Against the prior quarter it is up 193.9%.

EBITDA

$106K

YoY+209.1%

QoQ+150.5%

COJAX OIL & GAS CORP's EBITDA was $106K in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 209.1% from the same quarter a year earlier. Against the prior quarter it is up 150.5%.

Net Income

$3K

YoY+101.3%

QoQ+101.0%

COJAX OIL & GAS CORP reported $3K in net income in Q2 2026. This represents an increase of 101.3% from the same quarter a year earlier. Against the prior quarter it is up 101.0%.

EPS (Diluted)

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt

$53K

QoQ-41.8%

COJAX OIL & GAS CORP held $53K in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding

14M

YoY0.0%

QoQ0.0%

COJAX OIL & GAS CORP had 14M shares outstanding in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Operating Margin

0.9%

YoY+88.2pp

COJAX OIL & GAS CORP's operating margin was 0.9% in Q2 2026, reflecting core business profitability. This is up 88.2 percentage points from the same quarter a year earlier.

Net Margin

0.8%

YoY+88.1pp

COJAX OIL & GAS CORP's net profit margin was 0.8% in Q2 2026, showing the share of revenue converted to profit. This is up 88.1 percentage points from the same quarter a year earlier.

Return on Equity

0.0%

YoY+2.4pp

QoQ+3.5pp

COJAX OIL & GAS CORP's ROE was 0.0% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 2.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.5 percentage points.

Gross Margin

Not reported for Q2 2026.

Capital Allocation

None of these metrics is reported for Q2 2026.

CJAX Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CJAX quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K/A	FY2210-K
Revenue	$833K	$964K-0.8%	$972K+4.7%	$928K+770.9%	$107K
SG&A Expenses	$648K	$776K-15.7%	$920K-11.4%	$1.0M-50.8%	$2.1M
Operating Income	-$944K	-$1.0M+36.0%	-$1.6M+1.2%	-$1.6M+74.1%	-$6.3M
EBITDA	N/A	-$676K+46.4%	-$1.3M-1.2%	-$1.2M+80.0%	-$6.2M
Interest Expense	N/A	$2K-31.3%	$4K-99.8%	$2.1M+223958.6%	$956
Income Tax	N/A	$0	$0	$0	N/A
Net Income	-$1.0M	-$1.1M+31.1%	-$1.6M+1.2%	-$1.6M+73.9%	-$6.2M
EPS (Basic)	N/A	-$0.08+38.5%	-$0.13+27.8%	-$0.18	N/A
EPS (Diluted)	—	-$0.08+38.5%	-$0.13+27.8%	-$0.18	N/A
Diluted Shares (Avg)	N/A	14M+14.1%	12M+33.4%	9M	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$329K+41.0%	$112K-66.9%	$179K-19.0%	$213K-15.1%	$234K-26.5%	$338K+85.8%	$221K-15.8%	$251K+0.9%
SG&A Expenses	$156K-23.5%	$194K-29.3%	$161K-15.0%	$136K-33.9%	$204K+19.8%	$274K-22.5%	$190K-52.7%	$206K+116.6%
Operating Income	$3K+101.5%	-$266K-84.0%	-$524K+51.6%	-$157K-5.5%	-$204K-174.1%	-$144K+52.4%	-$1.1M+11.0%	-$149K-1192.1%
EBITDA	$106K+209.1%	-$210K-378.4%	-$469K+53.4%	-$67K-2.2%	-$97K-409.5%	-$44K+80.3%	-$1.0M+9.7%	-$65K-157.8%
Interest Expense	$514+111.5%	$533+10.4%	N/A	N/A	$243	$483	N/A	N/A
Net Income	$3K+101.3%	-$266K-83.7%	-$603K+44.3%	-$158K-5.3%	-$204K-174.1%	-$145K+52.3%	-$1.1M+11.0%	-$150K-1239.7%
EPS (Basic)	N/A	-$0.02-100.0%	-$0.04+55.6%	-$0.010.0%	-$0.010.0%	-$0.01+66.7%	-$0.09	-$0.01
EPS (Diluted)	N/A	-$0.02-100.0%	-$0.04+55.6%	-$0.010.0%	-$0.01	-$0.01+66.7%	-$0.09	-$0.01
Diluted Shares (Avg)	14M+0.1%	14M+1.2%	N/A	14M+1.4%	14M	14M+37.8%	N/A	14M

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Income Tax.

CJAX Balance Sheet

CJAX quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K/A	FY2210-K
Total Assets	$9.6M-8.8%	$10.5M+140.5%	$4.4M-19.6%	$5.4M
Current Assets	$208K-3.4%	$215K-23.5%	$281K+213.2%	$90K
Cash & Equivalents	$77K	$0-100.0%	$76K+101.1%	$38K
Short-Term Investments	$0	$0	$0	$0
Accounts Receivable	$110K-25.2%	$147K-28.4%	$205K+294.4%	$52K
Long-Term Investments	$0	$0	$0	$0
Total Liabilities	$1.7M-8.5%	$1.9M+45.1%	$1.3M-41.5%	$2.2M
Current Liabilities	$1.2M-10.7%	$1.3M+12.7%	$1.2M-44.1%	$2.1M
Non-Current Liabilities	$545K-3.4%	$565K+347.3%	$126K+2.6%	$123K
Long-Term Debt	$817-92.6%	$11K-47.8%	$21K-31.3%	$31K
Total Equity	$7.9M-8.9%	$8.6M+181.0%	$3.1M-4.3%	$3.2M
Retained Earnings	-$13.5M-9.0%	-$12.4M-15.0%	-$10.8M-17.8%	-$9.1M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$9.8M-5.1%	$9.6M-8.5%	$9.6M-8.8%	$10.2M-9.9%	$10.3M+49.6%	$10.5M+144.5%	$10.5M+140.5%	$11.3M
Current Assets	$334K+43.3%	$241K-7.9%	$208K-3.4%	$204K-35.7%	$233K-28.4%	$262K+2.3%	$215K-23.5%	$317K
Cash & Equivalents	$53K	$91K+18.2%	$77K	$0-100.0%	$0-100.0%	$77K-69.2%	$0-100.0%	$250K
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$254K+49.5%	$129K-27.8%	$110K-25.2%	$119K-29.8%	$170K-14.8%	$179K+1.4%	$147K-28.4%	$170K
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$2.2M+28.8%	$2.0M-0.1%	$1.7M-8.5%	$1.8M+7.8%	$1.7M+16.6%	$2.0M+40.0%	$1.9M+45.1%	$1.6M
Current Liabilities	$1.6M+44.6%	$1.4M+0.9%	$1.2M-10.7%	$1.2M-14.1%	$1.1M-13.3%	$1.4M+10.6%	$1.3M+12.7%	$1.4M
Non-Current Liabilities	$569K-2.1%	$557K-2.7%	$545K-3.4%	$590K+120.2%	$581K+261.7%	$572K+305.8%	$565K+347.3%	$268K
Long-Term Debt	N/A	N/A	$817-92.6%	N/A	N/A	N/A	$11K-47.8%	N/A
Total Equity	$7.6M-11.9%	$7.6M-10.5%	$7.9M-8.9%	$8.5M-13.2%	$8.6M+58.6%	$8.5M+196.1%	$8.6M+181.0%	$9.7M+127.4%
Retained Earnings	-$13.7M-8.0%	-$13.7M-9.8%	-$13.5M-9.0%	-$12.9M-14.1%	-$12.7M-14.2%	-$12.5M-13.1%	-$12.4M-15.0%	-$11.3M

Not reported in any period shown, so not listed: Inventory, Goodwill.

CJAX Cash Flow Statement

CJAX quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K/A	FY2210-K
Operating Cash Flow	$1K	$41K+311.4%	-$19K-139.9%	$48K+161.3%	-$78K
Depreciation & Amortization	N/A	$353K+1.8%	$347K-8.9%	$381K+860.4%	$40K
Financing Cash Flow	-$10K	-$10K-1.1%	-$10K-1.0%	-$10K-109.5%	$104K

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	-$34K-207.3%	$16K-50.1%	$9K+111.0%	$10K-23.6%	-$11K-121.9%	$33K+880.7%	-$78K-240.2%	$13K+114.4%
Depreciation & Amortization	$103K-3.7%	$56K-44.3%	$77K-8.3%	$91K+8.1%	$107K+1.0%	$101K+23.6%	$84K-22.2%	$84K-15.3%
Financing Cash Flow	-$3K-1.1%	-$3K-1.0%	-$3K-1.0%	-$3K-1.0%	-$3K-1.0%	-$3K-1.2%	-$3K-0.9%	-$3K-1.1%

Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.

CJAX Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CJAX quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K/A	FY2210-K
Operating Margin	-106.8%	-165.6%	-175.4%	-5892.2%
Net Margin	-115.1%	-165.7%	-175.6%	-5853.9%
Return on Equity	-14.1%+4.6pp	-18.7%+34.5pp	-53.1%+141.4pp	-194.5%
Return on Assets	-11.6%+3.7pp	-15.3%+22.0pp	-37.3%+77.5pp	-114.8%
Current Ratio	0.180.0x	0.16-0.1x	0.24+0.2x	0.04
Debt-to-Equity	0.000.0x	0.000.0x	0.010.0x	0.01
Asset Turnover	0.100.0x	0.09-0.1x	0.21+0.2x	0.02

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Margin	0.9%+88.2pp	-236.9%	-292.8%	-74.0%-14.4pp	-87.2%-63.9pp	-42.7%	-489.6%	-59.5%-65.0pp
Net Margin	0.8%+88.1pp	-237.3%	-336.8%	-74.1%-14.3pp	-87.4%-63.9pp	-42.8%	-489.6%	-59.8%-65.1pp
Return on Equity	0.0%+2.4pp	-3.5%-1.8pp	-7.7%+4.9pp	-1.9%-0.3pp	-2.4%-1.0pp	-1.7%+8.9pp	-12.6%+27.1pp	-1.5%-1.8pp
Return on Assets	0.0%+2.0pp	-2.8%-1.4pp	-6.3%+4.0pp	-1.5%-0.2pp	-2.0%-0.9pp	-1.4%+5.7pp	-10.3%+17.5pp	-1.3%
Current Ratio	0.200.0x	0.170.0x	0.180.0x	0.17-0.1x	0.200.0x	0.190.0x	0.16-0.1x	0.23
Debt-to-Equity	0.29+0.1x	0.260.0x	0.000.0x	0.210.0x	0.20-0.1x	0.23-0.3x	0.000.0x	0.17
Asset Turnover	0.030.0x	0.010.0x	0.020.0x	0.020.0x	0.020.0x	0.030.0x	0.020.0x	0.02

Not reported in any period shown, so not listed: Gross Margin, FCF Margin.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.

Note: The current ratio is below 1.0 (0.18), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Where COJAX OIL & GAS CORP Ranks

Frequently Asked Questions

What is COJAX OIL & GAS CORP's annual revenue?

COJAX OIL & GAS CORP (CJAX) reported $964K in total revenue for fiscal year 2025. This represents a -0.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is COJAX OIL & GAS CORP's revenue growing?

COJAX OIL & GAS CORP (CJAX) revenue declined by 0.8% year-over-year, from $972K to $964K in fiscal year 2025.

Is COJAX OIL & GAS CORP profitable?

No, COJAX OIL & GAS CORP (CJAX) reported a net income of -$1.1M in fiscal year 2025.

What is COJAX OIL & GAS CORP's EBITDA?

COJAX OIL & GAS CORP (CJAX) had EBITDA of -$676K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does COJAX OIL & GAS CORP have?

As of fiscal year 2025, COJAX OIL & GAS CORP (CJAX) had $77K in cash and equivalents against $817 in long-term debt.

What is COJAX OIL & GAS CORP's return on equity (ROE)?

COJAX OIL & GAS CORP (CJAX) has a return on equity of -14.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is COJAX OIL & GAS CORP's operating cash flow?

COJAX OIL & GAS CORP (CJAX) generated $41K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are COJAX OIL & GAS CORP's total assets?

COJAX OIL & GAS CORP (CJAX) had $9.6M in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does COJAX OIL & GAS CORP have outstanding?

COJAX OIL & GAS CORP (CJAX) had 14M shares outstanding as of fiscal year 2025.

What is COJAX OIL & GAS CORP's current ratio?

COJAX OIL & GAS CORP (CJAX) had a current ratio of 0.18 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is COJAX OIL & GAS CORP's debt-to-equity ratio?

COJAX OIL & GAS CORP (CJAX) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is COJAX OIL & GAS CORP's return on assets (ROA)?

COJAX OIL & GAS CORP (CJAX) had a return on assets of -11.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is COJAX OIL & GAS CORP's Altman Z-Score?

COJAX OIL & GAS CORP (CJAX) has an Altman Z-Score of 15.11, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is COJAX OIL & GAS CORP's Piotroski F-Score?

COJAX OIL & GAS CORP (CJAX) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are COJAX OIL & GAS CORP's earnings high quality?

COJAX OIL & GAS CORP (CJAX) reported a net loss of $1.1M while generating $41K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can COJAX OIL & GAS CORP cover its interest payments?

COJAX OIL & GAS CORP (CJAX) reported an operating loss of $1.0M against $2K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.