NRIS · Norris Industries, Inc.
$0.15
At close · Aug 13
Going-concern doubt
— cleared Jul 15, 2026
The latest filing states the doubt was alleviated.
“If such funding were not available and historical losses continued, then there would be substantial doubt about the company's ability to continue. Given its history of losses, we are dependent on continued outside funding to cover our deficit spending. ... As a result of management's plan above, our current amount of cash on hand, and our historical ability to raise capital, management has concluded that substantial doubt of our ability to continue as a going concern has been alleviated.”View the 10-Q filed Jul 15, 2026
Market Cap
$15.99M
Shares
108.25M
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.
Revenue
$286.09K
-13.1%
FY2026
Net Income
-$661.43K
-10%
FY2026
Operating Margin
-190.25%
-51.2pp
FY2026
Diluted EPS
-$0.01
0%
FY2026
Operating Cash Flow
-$440.25K
-19.4%
FY2026
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $283.67K | $286.09K | $329.33K | $329.61K | $526.45K | $452.29K | $280.16K | $573.02K | $499.07K | $131.94K | $149.35K | $172.89K | — | |
| $210.85K | $145.14K | $189.61K | $200.79K | $192.29K | $203.69K | $313.52K | $577.07K | $878.05K | $1.27M | $1.71M | $142.19K | $80.52K | |
| — | — | — | — | — | — | — | — | — | — | — | — | $49.67K | |
| $36.05K | $48.56K | $86.35K | $114.83K | $67.73K | $41.11K | $235K | $771.84K | — | $24.15K | $28.31K | — | — | |
| $897.07K | $830.37K | $787.21K | $845.98K | $915.05K | $844.25K | $1.3M | $3.4M | $1.37M | $1.43M | $1.92M | $473.05K | $80.52K | |
| -$613.4K | -$544.28K | -$457.87K | -$516.37K | -$388.6K | -$391.96K | -$1.02M | -$2.83M | -$869.42K | -$1.3M | -$1.77M | -$300.16K | — | |
| — | -190.25% | -139.03% | -156.66% | -73.82% | -86.66% | -363.1% | -493.37% | -174.21% | -982.98% | -1184.29% | -173.61% | — | |
| -$577.34K | -$495.72K | -$371.52K | -$401.55K | -$320.88K | -$350.85K | -$782.27K | -$2.06M | — | -$1.27M | -$1.74M | — | — | |
| $122.95K | $117.15K | $143.21K | $126.96K | $116.38K | $106.99K | $92.53K | $73.3K | $52.27K | — | $1000 | — | — | |
| — | — | — | — | — | — | -$92.53K | -$71.04K | -$52.27K | -$1.25M | $19.68K | — | — | |
| — | — | — | — | — | — | — | — | — | — | $0 | $0 | $0 | |
| -$736.34K | -$661.43K | -$601.08K | -$643.34K | -$504.98K | -$498.95K | -$1.11M | -$2.9M | -$921.69K | -$2.55M | -$1.75M | -$300.16K | -$80.52K | |
| — | -231.2% | -182.51% | -195.18% | -95.92% | -110.32% | -396.13% | -505.77% | -184.68% | -1931.85% | -1171.35% | -173.61% | — | |
| -$595.69K | — | -$561.57K | -$643.34K | -$504.98K | $498.95K | -$1.11M | — | — | — | — | — | — | |
| USD/shares | -$0.01 | -$0.01 | -$0.01 | -$0.01 | -$0.01 | -$0.01 | -$0.01 | — | — | — | — | — | — |
| USD/shares | -$0.01 | -$0.01 | -$0.01 | -$0.01 | -$0.01 | — | — | — | — | — | — | — | — |
| shares | — | 108.25M | 95.69M | 90.88M | 90.88M | 90.88M | 90.88M | 89.74M | 89.44M | 89.21M | 46.42M | 44.13M | 43.45M |
| shares | — | 108.25M | 95.69M | 90.88M | 90.88M | — | 90.88M | 89.74M | 89.44M | 89.21M | 46.42M | 44.13M | 43.45M |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
—
Peer median 1.27×
EV/EBIT
—
P/E (TTM)
—
Peer medians compare against the 15 similar-size Oil & Gas E&P companies (of 68 listed).
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Product & Service (USD)
| Component | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Oil And Gas | $286,086 | $329,334 | $329,610 | $526,447 | $452,291 | $280,160 |
Key facts
CIK
1603793