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COJAX OIL & GAS CORP 10-Q Filings

CJAX OTC

Every 10-Q that COJAX OIL & GAS CORP (CJAX) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow CJAX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CJAX filings page.

Rhea-AI Summary

CoJax Oil and Gas Corporation reported higher quarterly revenue and a small profit but remains loss-making year-to-date with significant going concern risks. For the quarter ended June 30, 2026, revenue was $329,386, up 41.0% from 2025, driven mainly by higher realized oil prices. Quarterly net income was $2,614 versus a net loss of $204,061 a year earlier, as lease operating and general and administrative costs declined.

For the first six months of 2026, revenue was $441,462, down 22.8% from 2025, primarily due to well downtime, workover activities, and the prior disposal of NONOP assets; the company recorded a net loss of $263,345. Cash was $52,984 at June 30, 2026, with a working capital deficit of over $1.3 million and total notes payable of $108,925, including $103,001 owed to a related party. Management discloses substantial doubt about the ability to continue as a going concern and indicates reliance on future equity or other financing. Average oil prices realized rose to $102.61 per barrel in the quarter, but production volumes declined versus 2025.

Rhea-AI Summary

CoJax Oil and Gas Corporation reported a weak first quarter of 2026, with revenue of $112,076, down sharply from $338,222 a year earlier as production volumes declined and certain assets were reassigned in 2025. The company produced 1,974 barrels of oil versus 4,340 barrels in the prior-year quarter.

Net loss widened to $265,959 from $144,806, although operating cash flow was modestly positive at $16,375. Cash rose to $91,056, and stockholders’ equity was $7,587,778 as of March 31, 2026. Management discloses substantial doubt about the company’s ability to continue as a going concern without new financing or sustained profitability.

Rhea-AI Summary

CoJax Oil & Gas Corporation reported Q3 2025 results. Revenue was $212,868 (down 15.1%), driven by a lower average oil price. The quarter’s net loss was $157,705. For the first nine months, revenue reached $784,714 (up 4.5%) with a net loss of $506,572.

Operating costs reflected portfolio changes: lease operating expenses were $143,715 (up 30.3%), while G&A fell to $135,813 from $205,508. Production for Q3 was 3,108 barrels at an average realized price of $62.97 per barrel.

CoJax ended the quarter with cash of $71,119 and generated $31,938 of operating cash flow year-to-date. Shares outstanding were 14,168,755 as of November 12, 2025. The company disclosed “substantial doubt” about its ability to continue as a going concern and concluded its disclosure controls and procedures were not effective as of September 30, 2025.