Company research
Norris Industries, Inc.
CIK 1603793Updated Sep 26, 2026
SecurityNRIS · OTC · equity
Name history
INTERNATIONAL WESTERN PETROLEUM, INC. · through Jan 22, 2018
NRIS price & chart
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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 | 252,449Source | 360,335Source | 457,738Source | 338,131Source |
| Current assets: | ||||
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 23,800Source | 27,223Source | 17,011Source | 24,151Source |
| Assets, CurrentUSD | 69,176Source | 112,850Source | 71,228Source | 175,882Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 5,101,180Source | 4,466,870Source | 5,391,713Source | 4,628,771Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 108,246Source | 108,246Source | 90,883Source | 90,883Source |
| Additional Paid in CapitalUSD | 7,659,050Source | 7,658,050Source | 6,286,399Source | 6,286,399Source |
| Retained Earnings (Accumulated Deficit)USD | -12,616,027Source | -11,873,831Source | -11,312,257Source | -10,668,922Source |
| Stockholders' Equity Attributable to ParentUSD | -4,848,731Source | -4,106,535Source | -4,933,975Source | -4,290,640Source |
| Liabilities and EquityUSD | 252,449Source | 360,335Source | 457,738Source | 338,131Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 228,163Source | 126,355Source | 121,039Source | 125,647Source |
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 | — | — | — | -504,980Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -3,423Source | 10,212Source | -7,140Source | -46,795Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -440,251Source | -368,590Source | -397,514Source | -287,838Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 400,000Source | 400,000Source | 300,000Source | 300,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -40,251Source | 31,410Source | -97,514Source | 12,162Source |
| Additional Financial Items | ||||
| Accretion ExpenseUSD | 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 | 145,136Source | 189,611Source | 200,787Source | 192,294Source |
| InterestExpenseNonoperatingUSD | 117,151Source | 143,205Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -661,431Source | -561,574Source | -643,335Source | -504,980Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | -561,574Source | -643,335Source | -504,980Source |
| Operating ExpensesUSD | 830,366Source | 747,703Source | 845,983Source | 915,050Source |
| Operating Lease, ExpenseUSD | 553,023Source | 503,417Source | 530,369Source | 655,029Source |
income statement · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total RevenueUSD | 286,086Source | 329,334Source | 329,610Source | 526,447Source |
| Operating Income (Loss)USD | -544,280Source | -418,369Source | -516,373Source | -388,603Source |
| Net Income (Loss) Attributable to ParentUSD | -661,431Source | -561,574Source | -643,335Source | -504,980Source |
| Earnings Per Share, BasicUSD per share | -0.01Source | -0.01Source | -0.01Source | -0.01Source |
| Earnings Per Share, DilutedUSD per share | -0.01Source | -0.01Source | -0.01Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 108,245,688Source | 95,687,478Source | 90,883,013Source | 90,883,013Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 108,245,688Source | 95,687,478Source | 90,883,013Source | — |
| Interest Expense (non-operating)USD | 117,151Source | 143,205Source | — | — |
| Additional Financial Items | ||||
| Depreciation, Depletion and Amortization, NonproductionUSD | 48,560Source | 54,675Source | 114,827Source | 67,727Source |
| General and Administrative ExpenseUSD | 145,136Source | 189,611Source | 200,787Source | 192,294Source |
| Interest ExpenseUSD | 117,151Source | 143,205Source | 126,962Source | 116,377Source |
| Labor and Related ExpenseUSD | 83,647Source | — | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | -561,574Source | -643,335Source | -504,980Source |
| Operating ExpensesUSD | 830,366Source | 747,703Source | 845,983Source | 915,050Source |
| Operating Lease, ExpenseUSD | 553,023Source | 503,417Source | 530,369Source | 655,029Source |