Financial Statements — MMEX
Balance Sheet
(in millions USD)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.90 | 0.27 | 1.73 | 0.06 | 0.00 | 0.01 |
| Total Current Assets | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.00 | 0.03 | 0.06 | 0.04 | 0.96 | 0.31 | 2.06 | 0.06 | 0.01 | 0.03 |
| Property, Plant & Equipment | 0.98 | 0.99 | 1.00 | 1.01 | 1.02 | 1.03 | 1.05 | 1.06 | 1.07 | 1.09 | 1.10 | 1.11 | 0.70 | 0.71 | 0.71 | 0.48 | 0.49 | 0.50 |
| Total Non-current Assets* | 0.98 | 0.99 | 1.00 | 1.01 | 1.02 | 1.03 | 1.05 | 1.06 | 1.07 | 1.09 | 1.10 | 1.11 | 0.70 | 0.71 | 0.71 | 0.48 | 0.49 | 0.50 |
| Total Assets | 0.99 | 1.00 | 1.00 | 1.02 | 1.03 | 1.04 | 1.05 | 1.07 | 1.07 | 1.12 | 1.16 | 1.14 | 1.66 | 1.02 | 2.77 | 0.54 | 0.50 | 0.53 |
| Accounts Payable | 1.00 | 0.99 | 0.96 | 0.97 | 0.91 | 0.88 | 279.12 | 279.12 | 279.12 | 0.76 | 0.71 | 0.11 | 0.08 | 0.06 | 0.29 | 0.45 | 0.91 | 0.80 |
| Total Current Liabilities | 5.71 | 5.46 | 5.15 | 6.16 | 5.70 | 5.27 | 4.60 | 4.24 | 4.02 | 3.84 | 3.67 | 3.16 | 2.72 | 2.77 | 3.56 | 6.34 | 6.05 | 5.85 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.12 |
| Total Non-current Liabilities* | 1.63 | 1.53 | 2.21 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 7.34 | 6.99 | 7.36 | 6.16 | 5.70 | 5.27 | 4.60 | 4.24 | 4.02 | 3.84 | 3.67 | 3.16 | 2.72 | 2.77 | 3.56 | 6.34 | 6.05 | 5.85 |
| Retained Earnings | (84.37) | (84.02) | (83.66) | (82.38) | (81.85) | (81.38) | (74.77) | (74.35) | (73.91) | (72.43) | (72.12) | (71.61) | (67.45) | (66.85) | (65.69) | (43.88) | (43.36) | (43.05) |
| Total Stockholder Equity | (6.35) | (6.00) | (6.36) | (5.14) | (4.67) | (4.23) | (3.54) | (3.17) | (2.95) | (2.72) | (2.52) | (2.01) | (1.06) | (1.75) | (0.79) | (5.80) | (5.55) | (5.32) |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 |
|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling, General & Admin | 0.28 | 0.30 | 0.30 | 0.35 | 0.33 | 0.36 | 0.35 | 0.31 | 0.31 | 0.31 | 0.32 | 0.30 | 0.21 | 0.36 | 0.80 | 0.30 | 0.27 | 0.27 | 0.44 | 0.32 |
| Total Operating Expenses | 0.29 | 0.31 | 0.37 | 0.36 | 0.34 | 0.37 | 0.37 | 0.32 | 0.33 | 0.33 | 0.33 | 0.31 | 0.24 | 0.45 | 0.82 | 0.57 | 0.65 | 1.29 | 0.45 | 0.38 |
| Operating Income | (0.29) | (0.31) | (0.37) | (0.36) | (0.34) | (0.37) | (0.37) | (0.32) | (0.33) | (0.33) | (0.33) | (0.31) | (0.24) | (0.45) | (0.82) | (0.57) | (0.65) | (1.29) | (0.45) | (0.38) |
| Interest Expense | 0.06 | 0.06 | 0.07 | 0.08 | 0.20 | 0.08 | 0.09 | 0.04 | 0.09 | 0.11 | 0.10 | 0.04 | -- | -- | -- | -- | -- | -- | -- | -- |
| Pretax Income | (0.35) | (0.36) | (0.44) | (0.84) | (0.53) | (0.47) | (0.46) | (0.43) | (0.42) | (0.43) | (1.19) | (0.30) | (0.31) | (0.51) | (0.86) | (0.76) | (0.61) | (1.15) | 2.29 | (24.12) |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | (0.35) | (0.36) | (0.44) | (0.84) | (0.53) | (0.47) | (0.46) | (0.43) | (0.42) | (0.43) | (1.19) | (0.30) | (0.31) | (0.51) | (0.86) | (0.76) | (0.61) | (1.15) | 2.29 | (24.12) |
| Basic EPS | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (0.01) | (0.02) | (0.15) | -- | (0.03) | (0.12) | 0.69 | -- |
| Diluted EPS | 0.00 | 0.00 | 0.00 | -0.00 | -0.00 | -0.00 | -- | -- | -- | -- | -- | -- | (0.01) | (0.02) | (0.15) | -- | (0.03) | (0.12) | 0.13 | -- |
Cash Flow Statement
(in millions USD)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 |
|---|
| Operating Cash Flow | (0.09) | (0.04) | (0.01) | 0.01 | (0.11) | (0.16) | (0.11) | (0.12) | (0.16) | (0.14) | (0.08) | (0.06) | (0.03) | (0.36) | (0.23) | (0.46) | (0.67) | (1.45) | (0.83) | (0.54) |
| Capital Expenditures | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- |
| Free Cash Flow* | -- | -- | -- | 0.01 | (0.11) | (0.16) | (0.11) | (0.12) | (0.16) | (0.14) | (0.08) | (0.06) | (0.03) | (0.36) | (0.23) | -- | -- | -- | -- | -- |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.42) | 0.00 | (0.01) | (0.25) | 0.00 |
| Financing Cash Flow | 0.09 | 0.04 | 0.00 | -0.00 | 0.11 | 0.17 | 0.11 | 0.12 | 0.16 | 0.14 | 0.07 | 0.07 | 0.04 | 0.35 | 0.11 | 0.12 | 1.29 | 0.00 | 2.47 | 0.81 |
* Derived from reported values
