CoJax Oil & Gas Corp (CJAX)
CoJax Oil and Gas Corporation is an emerging entity within the energy sector, concentrating its efforts on the procurement, exploration, and development of crude oil and natural gas sites. These operations are conducted within the United States, specifically across the Gulf States Drill Region. The firm was founded in 2017 and operates from its headquarters located in Shreveport, Louisiana.
Sector: Crude Petroleum & Natural Gas
Industry: Oil & Gas Exploration & Production
CoJax Oil and Gas Corporation
OTC:CJAXEnergy · Oil & Gas Exploration & Production
Mkt Cap-
Float5.22M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$963.62M
Net Income-$1.11M
Total Assets$9.58M
Free Cash Flow$40.57M
Debt & Equity
Debt 0%
Equity 100%
Total Debt$114K
Total Equity$7.85B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in CJAX's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$9.58M
Liabilities$545K
Accounts Receivable$110K
Accounts Payable$131K
Inventory$0
PP&E (Net)$9.38M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Revenue | $963.62M | $972K | $928K | $107K | $8K | $0 | $0 | $0 | $0 |
| YoY Growth | 99070.0% | 4.7% | 770.9% | 1205.8% | - | - | - | - | - |
| Cost of Revenue | $0 | $738K | $642K | $363K | $34K | $13K | $0 | $0 | $0 |
| Gross Profit | $0 | $234K | $286K | -$257K | -$26K | -$13K | $0 | $0 | $0 |
| Gross Margin | - | 24.1% | 30.8% | -241.1% | -320.8% | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $776K | $920K | $1.04M | $2.11M | $1.46M | $1.35M | $35K | $7K | $655 |
| Other | $775.02M | $923K | $875K | $7 | $34K | $12K | $0 | $0 | $0 |
| Total Operating Expenses | $775.79M | $1.84M | $1.91M | $2.11M | $1.5M | $1.36M | $35K | $7K | $655 |
| Operating Income (EBIT) | -$1.03B | -$1.61M | -$1.63M | -$6.28M | -$1.49M | -$1.36M | -$35K | -$7K | -$660 |
| Operating Margin | -106.8% | -165.6% | -175.4% | -5892.2% | -18231.7% | - | - | - | - |
| Interest Expense | -$2K | $4K | $2K | $956 | $2K | $2K | $608 | $406 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12 |
| Other Income (Expense) | -$79.9M | -$901 | -$2K | $41K | -$2K | -$3K | $0 | $0 | $3 |
| Income Before Tax (EBT) | -$1.11B | -$1.61M | -$1.63M | -$6.24M | -$1.49M | -$1.36M | -$35K | -$7K | -$657 |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$708 |
| Net Income | -$1.11M | -$1.61M | -$1.63M | -$6.24M | -$1.49M | -$1.37M | -$35K | -$7K | -$657 |
| Net Income Margin | -0.1% | -165.7% | -175.6% | -5853.9% | -18292.1% | - | - | - | - |
| Supplementary Data | |||||||||
| EPS | -0.08 | -0.13 | -0.18 | -0.93 | -0.26 | -0.37 | -0.01 | -0.00 | -0.00 |
| Diluted EPS | -0.08 | -0.13 | -0.18 | -0.93 | -0.26 | -0.37 | -0.01 | -0.00 | -0.00 |
| Weighted Average OS | 14.13M | 12.38M | 9.28M | 6.68M | 5.78M | 3.66M | 4.10M | 4.10M | 4.10M |
| EBITDA | -$1.03M | -$1.26M | -$1.25M | -$6.19M | -$1.49M | -$1.36M | $0 | -$4K | $53 |
| EBITDA Margin | -0.1% | -129.6% | -134.4% | -5813.3% | -18202.5% | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Assets | |||||||||
| Current Assets | |||||||||
| Cash and Cash Equivalents | $77K | $47K | $76K | $38K | $12K | $44K | $28K | $4K | $500 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $77K | $47K | $76K | $38K | $12K | $44K | $28K | $4K | $500 |
| Accounts Receivable | $110K | $147K | $205K | $52K | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $21K | $0 | $0 | $0 | $0 | $0 | $0 | $7K | $7K |
| Total Current Assets | $208K | $215K | $281K | $90K | $104K | $44K | $28K | $11K | $500 |
| Long-Term Assets | |||||||||
| Property, Plant & Equipment Net | $9.38M | $10.3M | $4.09M | $5.35M | $2.78M | $10.08M | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7K | $7K |
| Total Long-Term Assets | $9.38M | $10.3M | $4.09M | $5.35M | $2.78M | $10.08M | $0 | $7K | $7K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$7K | $0 |
| Total Assets | $9.58M | $10.51M | $4.37M | $5.44M | $2.88M | $10.12M | $28K | $11K | $8K |
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts Payable | $131K | $113K | $122K | $105K | $46K | $18K | $9K | $7K | $8K |
| Short-Term Debt | $113.19M | $113K | $113K | $123K | $52K | $178K | $62K | $10K | $498 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | -$1.88B | $0 | $0 | $0 | $0 | -$8K |
| Other Current Liabilities | -$112.01M | $40K | $107K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $1.18M | $1.33M | $1.18M | $2.11M | $794K | $1.43M | $71K | $18K | $8K |
| Long-Term Liabilities | |||||||||
| Long-Term Debt | $817K | $11K | $21K | $31K | $40K | $2.7M | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $554K | $105K | $92K | $85K | $82K | $0 | $0 | $0 |
| Total Long-Term Liabilities | $817K | $565K | $126K | $123K | $125K | $2.78M | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $545K | $1.89M | $1.3M | $2.23M | $919K | $4.21M | $71K | $18K | $8K |
| Stockholders' Equity | |||||||||
| Preferred Stock | $0 | $0 | $1K | $550 | $300 | $19K | $0 | $0 | $0 |
| Common Stock | $141.69M | $140K | $93K | $91K | $58K | $37K | $0 | $0 | $0 |
| Retained Earnings | -$13.48B | -$12.37M | -$10.76M | -$9.13M | -$2.9M | -$1.41M | -$43K | -$8K | -$657 |
| Comprehensive Income & Other | $0 | $10K | $10K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $21.2B | $20.86M | $13.74M | $12.25M | $4.8M | $7.28M | $2 | $2 | $2 |
| Total Equity | $7.85B | $8.62M | $3.07M | $3.21M | $1.96M | $5.91M | -$43K | -$8K | -$655 |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $7.85B | $10.51M | $4.37M | $5.44M | $2.88M | $10.12M | $28K | $11K | $8K |
| Supplementary Data | |||||||||
| Total Debt | $114K | $124K | $134K | $154K | $92K | $2.88M | $62K | $10K | $498 |
| Net Debt | $37K | $77K | $58K | $116K | $80K | $2.83M | $34K | $7K | -$2 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Operating Activities | |||||||||
| Net Income | -$1.11M | -$1.61M | -$1.63M | -$6.24M | -$1.49M | -$1.36M | -$35K | -$7K | -$657 |
| Depreciation & Amortization | $0 | $347K | $381K | $42K | $2K | $2K | $35K | $3K | $708 |
| Deferred Income Tax | $0 | $0 | $0 | -$42K | -$602K | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $340K | $0 | $0 | $470K | $755K | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | -$177K | $58K | -$153K | -$52K | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | -$6.89M | -$50.22M | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $449K | $150K | $146K | $1.74B | $28K | $9K | $1K | -$200 | $655 |
| Other Working Capital | $0 | -$21K | $6.89M | -$1.69B | $596K | $1.23M | -$78 | $406 | $2 |
| Total Working Capital Change | $0 | $187K | -$7K | $1.78M | $624K | $1.24M | $1K | $206 | $657 |
| Other Non-Cash Items | $41.34M | $1.4M | $1.3M | -$495.62M | $758K | -$7K | -$28K | -$3K | -$708 |
| Net Cash from Operating | $40.57M | -$19K | $48K | -$78K | -$109K | -$118K | -$27K | -$7K | $0 |
| Investing Activities | |||||||||
| Capital Expenditures | $0 | $0 | $4 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | |||||||||
| Debt Repaid | - | $10K | $20K | -$104K | -$42K | -$116K | -$52K | -$10K | - |
| Common Stock Issuance | $0 | $99M | $10K | $469.97M | $35K | $18K | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$10.09M | $0 | $10K | $0 | $35K | $0 | $52K | $0 | $500 |
| Net Cash from Financing | -$10.09M | -$10K | -$10K | $104K | $77K | $134K | $52K | $10K | $500 |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $30.48M | -$29K | $38K | $26K | -$32K | $16K | $25K | $3K | $500 |
| Supplementary Data | |||||||||
| Operating Cash Flow | $40.57M | -$19K | $48K | -$78K | -$109K | -$118K | -$27K | -$7K | $0 |
| Capital Expenditure | $0 | -$3 | $4 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $40.57M | -$19K | $48K | -$78K | -$109K | -$118K | -$27K | -$7K | $0 |
| Cash at Beginning | $46.74M | $76K | $38K | $12K | $44K | $28K | $4K | $500 | $0 |
| Cash at End | $77.22M | $47K | $76K | $38K | $12K | $44K | $28K | $4K | $500 |