Company research
MMEX Resources Corp
CIK 1440799Updated Sep 24, 2026
SecurityMMEX · OTC · equity
Name history
MMEX Mining Corp · through Nov 5, 2015Management Energy, Inc. · through Feb 11, 2011MGMT ENERGY, INC. · through Jul 16, 2009Quantum Information, Inc. · through Feb 6, 2009
MMEX price & chart
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Recent filings
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 2.03
10-Q filing
10-K filing
Unregistered Sales of Equity Securities
Items 3.02
10-Q filing
Show 5 more recent filings
Financials
FY 2026 · USDSource
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Source
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balance sheet · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 1,272,954Source | 1,013,094Source | 1,045,307Source | 1,112,166Source |
| Property, Plant and Equipment, NetUSD | 968,621Source | 1,005,015Source | 1,041,409Source | 1,077,803Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | — | — | 10,363Source |
| Assets, CurrentUSD | 304,333Source | 8,079Source | 3,898Source | 34,363Source |
| Prepaid Expense and Other Assets, CurrentUSD | 91,990Source | 3,500Source | 3,000Source | 24,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 7,880,717Source | 6,995,979Source | 4,859,061Source | 3,977,489Source |
| Commitments and ContingenciesUSD | 0Source | 0Source | 0Source | — |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 22,295,726Source | 11,340,977Source | 9,442,800Source | 769,618Source |
| Additional Paid in CapitalUSD | 56,220,787Source | 65,887,113Source | 67,654,963Source | 69,082,490Source |
| Retained Earnings (Accumulated Deficit)USD | -85,129,669Source | -83,220,849Source | -80,921,391Source | -72,727,305Source |
| Stockholders' Equity Attributable to ParentUSD | -6,607,763Source | -5,982,885Source | -3,813,754Source | -2,865,323Source |
| Liabilities and EquityUSD | 1,272,954Source | 1,013,094Source | 1,045,307Source | 1,112,166Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 6,173,852Source | 4,795,043Source | 4,859,061Source | 3,977,489Source |
| Accounts Payable, CurrentUSD | 942,873Source | 957,558Source | 841,602Source | 733,857Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 5,390Source | 9,871Source | 9,871Source | 9,871Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 1,791,785Source | 1,244,206Source | 933,143Source | 985,751Source |
cash flow · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | -2,299,458Source | -2,464,533Source | 1,979,480Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 36,394Source | 36,394Source | 36,394Source | 36,394Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 60,500Source | 0Source | 28,200Source | 495,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts PayableUSD | -14,685Source | 212,287Source | 107,745Source | 94,075Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -506,813Source | -380,107Source | -492,992Source | -682,004Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 0Source | 0Source | 0Source | 0Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 0Source | 0Source | 0Source | 0Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 714,577Source | 383,788Source | 483,527Source | 555,500Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 212,343Source | 4,579Source | 898Source | 10,363Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 4,445Source | 10,928Source | 145,655Source | 3,310Source |
| Income Taxes Paid, NetUSD | 0Source | 0Source | 0Source | 0Source |
| Additional Financial Items | ||||
| Gain (Loss) on Sale of DerivativesUSD | — | — | — | 0Source |
| Gain (Loss) on Extinguishment of DebtUSD | -297,552Source | -400,214Source | -819,346Source | 66,413Source |
| General and Administrative ExpenseUSD | 1,245,085Source | 1,395,748Source | 1,256,168Source | 1,680,049Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | -1,913,301Source | -2,299,458Source | -2,464,533Source | -1,979,480Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -4,481Source | — | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -1,908,820Source | -2,299,458Source | -8,194,086Source | -4,513,882Source |
| Operating ExpensesUSD | 1,361,727Source | 1,437,572Source | 1,304,413Source | 1,810,999Source |
| Other Nonoperating Income (Expense)USD | -551,574Source | -861,886Source | -1,160,120Source | -168,481Source |
| Payments of Financing CostsUSD | — | — | 0Source | 12,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | 0Source | 41,209Source |
income statement · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total RevenueUSD | 0Source | 0Source | 0Source | 0Source |
| Operating Income (Loss)USD | -1,361,727Source | -1,437,572Source | -1,304,413Source | -1,810,999Source |
| Other Nonoperating Income (Expense)USD | -551,574Source | -861,886Source | -1,160,120Source | -168,481Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -1,913,301Source | -2,299,458Source | -2,464,533Source | -1,979,480Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -4,481Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | -1,913,301Source | -2,299,458Source | -2,464,533Source | -1,979,480Source |
| Earnings Per Share, DilutedUSD per share | 0Source | -0Source | — | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 18,544,415,348Source | 10,171,204,083Source | — | — |
| Additional Financial Items | ||||
| Current Income Tax Expense (Benefit)USD | 0Source | — | — | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 36,394Source | 36,394Source | 36,394Source | 36,394Source |
| General and Administrative ExpenseUSD | 1,245,085Source | 1,395,748Source | 1,256,168Source | 1,680,049Source |
| Interest ExpenseUSD | 254,022Source | 461,672Source | 340,774Source | 234,894Source |
| Marketing and Advertising ExpenseUSD | — | — | 0Source | 3,543Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -1,908,820Source | -2,299,458Source | -8,194,086Source | -4,513,882Source |
| Operating ExpensesUSD | 1,361,727Source | 1,437,572Source | 1,304,413Source | 1,810,999Source |