Company research
Norris Industries, Inc.
CIK 1603793Updated Oct 14, 2026
SecurityNRIS · OTC · equity
Historical securities (1)
INWP · OTC · equity · closed Feb 26, 2018Name history
INTERNATIONAL WESTERN PETROLEUM, INC. · through Jan 22, 2018
NRIS price & chart
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Recent filings
10-Q filing
10-Q filing
10-K filing
SCHEDULE 13D/A - filed by Norris Patrick L. regarding Norris Industries, Inc.
Financial Statements and Exhibits
Items 9.01
Show 3 more recent filings
Financials
FY 2026 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2026 | Q3 2025 | Q3 2024 | Q2 2027 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 335,925Source | 424,579Source | 199,965Source | 223,714Source | 254,146Source | 400,608Source | 317,695Source | 456,110Source | 252,449Source | 360,335Source | 457,738Source | 338,131Source |
| Current assets: | ||||||||||||
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 55,617Source | 31,128Source | 23,044Source | 26,248Source | 15,010Source | 13,450Source | 14,106Source | 23,936Source | 23,800Source | 27,223Source | 17,011Source | 24,151Source |
| Assets, CurrentUSD | 144,307Source | 110,091Source | 57,485Source | 161,084Source | 55,333Source | 85,189Source | 101,494Source | 92,875Source | 69,176Source | 112,850Source | 71,228Source | 175,882Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 4,919,934Source | 4,412,894Source | 4,938,960Source | 5,476,066Source | 4,679,978Source | 5,621,476Source | 4,591,638Source | 5,559,122Source | 5,101,180Source | 4,466,870Source | 5,391,713Source | 4,628,771Source |
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | 108,246Source | 108,246Source | 90,883Source | 108,246Source | 108,246Source | 90,883Source | 108,246Source | 90,883Source | 108,246Source | 108,246Source | 90,883Source | 90,883Source |
| Additional Paid in CapitalUSD | 6,909,050Source | 7,658,050Source | 6,286,399Source | 7,659,050Source | 7,658,050Source | 6,286,399Source | 7,658,050Source | 6,286,399Source | 7,659,050Source | 7,658,050Source | 6,286,399Source | 6,286,399Source |
| Retained Earnings (Accumulated Deficit)USD | -12,351,305Source | -11,755,611Source | -11,117,277Source | -13,019,648Source | -12,193,128Source | -11,599,150Source | -12,041,239Source | -11,481,294Source | -12,616,027Source | -11,873,831Source | -11,312,257Source | -10,668,922Source |
| Stockholders' Equity Attributable to ParentUSD | -5,334,009Source | -4,738,315Source | -4,738,995Source | -5,252,352Source | -5,256,597Source | -5,220,868Source | -5,023,943Source | -5,103,012Source | -4,848,731Source | -4,106,535Source | -4,933,975Source | -4,290,640Source |
| Liabilities and EquityUSD | 335,925Source | 424,579Source | 199,965Source | 223,714Source | 254,146Source | 400,608Source | 317,695Source | 456,110Source | 252,449Source | 360,335Source | 457,738Source | 338,131Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 141,459Source | 119,496Source | 119,577Source | 243,708Source | 129,820Source | 102,295Source | 140,490Source | 142,853Source | 228,163Source | 126,355Source | 121,039Source | 125,647Source |
cash flow · annual statements
| Line item | Q4 2026 | Q4 2025 | Q3 2026 | Q3 2025 | Q2 2027 | Q2 2026 | Q2 2025 | Q1 2026 | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | — | — | — | — | — | — | -504,980Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation and amortization | — | — | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | — | -13,117Source | -3,423Source | 10,212Source | -7,140Source | -46,795Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | — | -98,239Source | -440,251Source | -368,590Source | -397,514Source | -287,838Source |
| Cash flows from financing activities: | ||||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | — | 100,000Source | 400,000Source | 400,000Source | 300,000Source | 300,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | — | 1,761Source | -40,251Source | 31,410Source | -97,514Source | 12,162Source |
| Additional Financial Items | ||||||||||||
| Accretion ExpenseUSD | — | — | 0Source | 0Source | 7,295Source | 0Source | 0Source | 0Source | 17,604Source | 2,659Source | 15,028Source | 29,607Source |
| Asset Retirement Obligation, Accretion ExpenseUSD | — | — | — | — | — | — | — | — | 17,604Source | 2,659Source | 15,028Source | 29,607Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | — | — | — | — | — | 0Source | — | — | — |
| General and Administrative ExpenseUSD | — | — | 16,826Source | 26,851Source | 67,105Source | 78,858Source | 31,359Source | 83,324Source | 145,136Source | 189,611Source | 200,787Source | 192,294Source |
| InterestExpenseNonoperatingUSD | — | — | 30,044Source | 49,669Source | 35,266Source | 28,690Source | 34,482Source | 27,348Source | 117,151Source | 143,205Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | -158,177Source | -156,461Source | -161,303Source | -151,889Source | -117,856Source | -167,408Source | -661,431Source | -561,574Source | -643,335Source | -504,980Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | — | — | — | — | — | -167,408Source | — | -561,574Source | -643,335Source | -504,980Source |
| Operating ExpensesUSD | — | — | 182,361Source | 188,536Source | 211,042Source | 207,587Source | 160,381Source | 232,830Source | 830,366Source | 747,703Source | 845,983Source | 915,050Source |
| Operating Lease, ExpenseUSD | — | — | 107,591Source | 147,192Source | 134,424Source | 119,716Source | 112,776Source | 134,937Source | 553,023Source | 503,417Source | 530,369Source | 655,029Source |
| Nonoperating Income (Expense) | — | — | —Source | —Source | —Source | —Source | —Source | —Source | — | — | — | — |
income statement · annual statements
| Line item | Q4 2026 | Q4 2025 | Q3 2026 | Q3 2025 | Q2 2027 | Q2 2026 | Q2 2025 | Q1 2026 | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 54,228Source | 81,744Source | 85,005Source | 84,388Source | 77,007Source | 92,770Source | 286,086Source | 329,334Source | 329,610Source | 526,447Source |
| Operating Income (Loss)USD | — | — | -128,133Source | -106,792Source | -126,037Source | -123,199Source | -83,374Source | -140,060Source | -544,280Source | -418,369Source | -516,373Source | -388,603Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -158,177Source | -156,461Source | -161,303Source | -151,889Source | -117,856Source | -167,408Source | -661,431Source | -561,574Source | -643,335Source | -504,980Source |
| Earnings Per Share, BasicUSD per share | — | — | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | -0.01Source | -0.01Source | -0.01Source | -0.01Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | -0.01Source | -0.01Source | -0.01Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 108,245,688Source | 92,981,797Source | 108,245,688Source | 108,245,688Source | 90,883,013Source | 108,245,688Source | 108,245,688Source | 95,687,478Source | 90,883,013Source | 90,883,013Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 108,245,688Source | 92,981,797Source | 108,245,688Source | 108,245,688Source | 90,883,013Source | 108,245,688Source | 108,245,688Source | 95,687,478Source | 90,883,013Source | — |
| Interest Expense (non-operating)USD | — | — | 30,044Source | 49,669Source | 35,266Source | 28,690Source | 34,482Source | 27,348Source | 117,151Source | 143,205Source | — | — |
| Additional Financial Items | ||||||||||||
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | 5,468Source | 14,493Source | 9,513Source | 9,013Source | 16,246Source | 14,569Source | 48,560Source | 54,675Source | 114,827Source | 67,727Source |
| General and Administrative ExpenseUSD | — | — | 16,826Source | 26,851Source | 67,105Source | 78,858Source | 31,359Source | 83,324Source | 145,136Source | 189,611Source | 200,787Source | 192,294Source |
| Interest ExpenseUSD | — | — | 30,044Source | 49,669Source | 35,266Source | 28,690Source | 34,482Source | 27,348Source | 117,151Source | 143,205Source | 126,962Source | 116,377Source |
| Labor and Related ExpenseUSD | — | — | 52,476Source | — | — | — | — | — | 83,647Source | — | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | — | — | — | — | — | -167,408Source | — | -561,574Source | -643,335Source | -504,980Source |
| Operating ExpensesUSD | — | — | 182,361Source | 188,536Source | 211,042Source | 207,587Source | 160,381Source | 232,830Source | 830,366Source | 747,703Source | 845,983Source | 915,050Source |
| Operating Lease, ExpenseUSD | — | — | 107,591Source | 147,192Source | 134,424Source | 119,716Source | 112,776Source | 134,937Source | 553,023Source | 503,417Source | 530,369Source | 655,029Source |
| Nonoperating Income (Expense) | — | — | —Source | —Source | —Source | —Source | —Source | —Source | — | — | — | — |
Filing attachments
ex4-1.htm · 10-K · 2026-05-29
Exhibit 4.1 Description of Securities Common Stock Each share of Common Stock shall have one (1) vote per share for all purpose. The Common Stock does not have any preemptive, subscription or conversion rights, and there are no redemption or sinking fund provisions or rights for the Common Stock. Our Common Stock holders are not entitled to cumulative voting for election of Board of Directors. Class A Preferred Stock On August 2, 2017, the Company entered into a modification of the secured,…
Read attachment ↗ex99-1.htm · 10-K · 2026-05-29
Exhibit 99.1 March 1, 2026, Official Reserves Report Kurt Mire, PE to be inserted
Read attachment ↗