NRIS
Norris Industries, Inc.
Going-concern doubt
— flagged May 29, 2026
Substantial doubt about the company's ability to continue as a going concern.
“The financial statements of the Company have been prepared on a going concern basis. The Company will either have to increase its operating revenues to a point to be able to cover its operating expenses or obtain funding from other investors or lenders. There is no assurance that the Company will be able to increase its revenues or obtain funding.”View the 10-K filed May 29, 2026
Company with tickers: NRIS
CIK
1603793
Shares Outstanding
108,245,688
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
| Line Item | Value | Unit | Period End | Form | Filed |
|---|---|---|---|---|---|
| Revenue | $286,086 | USD | 2026-02-28 | 10-K | 2026-05-29 |
| Revenue (ASC 606) | $286,086 | USD | 2026-02-28 | 10-K | 2026-05-29 |
| Cost of Revenue | — | ||||
| Gross Profit | — | ||||
| Operating Expenses | $830,366 | USD | 2026-02-28 | 10-K | 2026-05-29 |
| Research & Development | — | ||||
| Operating Income | $-544,280 | USD | 2026-02-28 | 10-K | 2026-05-29 |
| Net Income | $-661,431 | USD | 2026-02-28 | 10-K | 2026-05-29 |
| EPS (Basic) | $-0.01 | USD/shares | 2026-02-28 | 10-K | 2026-05-29 |
| EPS (Diluted) | $-0.01 | USD/shares | 2026-02-28 | 10-K | 2026-05-29 |
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
By Product & Service (USD)
| Component | 2021-02-28 | 2022-02-28 | 2023-02-28 | 2024-02-29 | 2025-02-28 | 2026-02-28 |
|---|---|---|---|---|---|---|
| Oil And Gas | $280,160 | $452,291 | $526,447 | $329,610 | $329,334 | $286,086 |