All individual numbers are from the SEC provided Financial Statement and Notes Data Sets. No guarantee is made for their accuracy. This report only shows the values that are common to a significant number of companies.
NORRIS INDUSTRIES, INC. Last Reported: 2/29/2024 Stock Symbol: NRIS

Business Address

102 PALO PINTO ST.
SUITE B
WEATHERFORD , TX US 76086

Mailing Address

102 PALO PINTO ST.
SUITE B
WEATHERFORD , TX US 76086
Phone Number: 855-809-6900 / State Incorporated: NV / Fiscal Year End 2 /29

Balance Sheet

Date 2/29/2024 11/30/2023 8/31/2023 2/28/2023 11/30/2022 8/31/2022 5/31/2022 2/28/2022 11/30/2021 8/31/2021 5/31/2021 2/28/2021 11/30/2020 8/31/2020 5/31/2020 2/29/2020 11/30/2019 8/31/2019 5/31/2019 2/28/2019 11/30/2018 8/31/2018 5/31/2018 2/28/2018 11/30/2017 8/31/2017 5/31/2017 2/28/2017 11/30/2016 8/31/2016 5/31/2016 2/29/2016 11/30/2015 8/31/2015 5/31/2015 2/28/2015 11/30/2014 8/31/2014 5/31/2014 2/28/2014
Cash and Cash Equivalents -- -- -- -- -- -- -- -- -- $84,501.00 $85,686.00 $160,631.00 $108,272.00 $91,181.00 $125,613.00 $158,081.00 $68,040.00 $81,711.00 $141,226.00 $125,755.00 $52,331.00 $69,912.00 $205,725.00 $244,997.00 $576,991.00 $557,302.00 $107,202.00 $76,365.00 $500,947.00 $305,562.00 $403,569.00 $542,228.00 $600,613.00 $598,908.00 $535,474.00 $41,783.00 -- -- -- --
Accounts Receivable Net Current $17,011.00 $23,044.00 $34,539.00 $24,151.00 $52,600.00 $39,940.00 $59,485.00 $70,946.00 $52,239.00 $36,800.00 $42,755.00 $32,890.00 $23,509.00 $20,120.00 $3,130.00 $38,549.00 $77,659.00 $72,278.00 $82,918.00 $71,132.00 $41,066.00 $130,669.00 $57,725.00 $108,644.00 $30,796.00 $10,512.00 $6,798.00 $8,170.00 $18,483.00 $16,236.00 $12,594.00 -- $26,605.00 $12,925.00 $23,067.00 -- -- -- -- --
Inventory -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Prepaid Expenses and Other Current Assets -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Total Current Assets $71,228.00 $57,485.00 $125,831.00 $175,882.00 $229,983.00 $206,737.00 $114,200.00 $210,515.00 $149,117.00 $121,301.00 $128,441.00 $193,521.00 $131,781.00 $111,301.00 $128,743.00 $196,630.00 $145,699.00 $153,989.00 $224,144.00 $196,887.00 $126,756.00 $233,940.00 $281,488.00 $353,641.00 $740,107.00 $868,134.00 $219,000.00 $189,535.00 $549,430.00 $321,798.00 $416,163.00 $542,228.00 $627,218.00 $634,096.00 $558,541.00 $41,783.00 $67,909.00 -- -- --
Property Plant and Equipement -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- $7,746.00 $8,971.00 $10,196.00 $11,421.00 $12,646.00 $12,646.00 $15,102.00 $16,337.00 $17,546.00 $18,781.00 $20,016.00 $21,251.00 $22,486.00 $23,708.00 -- -- -- -- -- -- --
Intangible Assets Net -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Goodwill -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Other Assets -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Total Assets $457,738.00 $199,965.00 $271,453.00 $338,131.00 $401,702.00 $377,670.00 $292,839.00 $387,068.00 $311,940.00 $297,722.00 $305,530.00 $414,371.00 $650,556.00 $658,966.00 $724,376.00 $854,830.00 $2,701,249.00 $2,773,536.00 $2,638,381.00 $2,661,443.00 $2,741,125.00 $2,862,482.00 $2,925,221.00 $3,012,629.00 $1,644,345.00 $1,776,985.00 $1,131,740.00 $1,106,057.00 $1,530,189.00 $1,278,916.00 $1,351,945.00 $1,535,827.00 $1,112,926.00 $1,099,965.00 $1,026,100.00 $129,783.00 $155,909.00 -- -- --
Accounts Payable -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Accrued Liabilities -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Total Current Liabilities $5,391,713.00 $4,938,960.00 $4,867,441.00 $4,628,771.00 $4,478,454.00 $4,319,778.00 $4,219,221.00 $4,172,728.00 $4,079,975.00 $3,909,416.00 $3,825,295.00 $3,701,084.00 $3,503,191.00 $3,279,462.00 $3,140,402.00 $3,038,951.00 $2,836,640.00 $2,693,114.00 $2,260,601.00 $2,044,588.00 $1,830,641.00 $1,843,513.00 $1,750,996.00 $1,690,089.00 $804,902.00 $794,535.00 $660,228.00 $452,473.00 $414,878.00 $446,246.00 $463,021.00 $551,826.00 $18,786.00 $11,777.00 $9,183.00 $7,854.00 -- -- -- $13,070.00
Long Term Debt -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Additional Paid-in Capital -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Accumulated Other Comprehensive Loss -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Accumulated Deficit $-11,312,257.00 $-11,117,277.00 $-10,974,270.00 $-10,668,922.00 $-10,455,034.00 $-10,320,390.00 $-10,304,664.00 $-10,163,942.00 $-10,146,317.00 $-9,989,976.00 $-9,898,047.00 $-9,664,995.00 $-9,230,917.00 $-8,998,778.00 $-8,794,308.00 $-8,555,203.00 $-6,506,473.00 $-6,283,460.00 $-5,950,146.00 $-5,657,071.00 $-5,309,441.00 $-5,146,957.00 $-4,937,701.00 $-4,735,386.00 $-4,690,692.00 $-2,757,935.00 $-2,487,870.00 $-2,186,440.00 $-1,434,567.00 $-1,007,189.00 $-645,216.00 $-437,022.00 $290,350.00 $284,398.00 $343,127.00 $-136,861.00 $-111,451.00 -- -- $-56,338.00
Total Stockholders' Equity $-4,933,975.00 $-4,738,995.00 $-4,595,988.00 $-4,290,640.00 $-4,076,752.00 $-3,942,108.00 $-3,926,382.00 $-3,785,660.00 $-3,768,035.00 $-3,611,694.00 $-3,519,765.00 $-3,286,713.00 $-2,852,635.00 $-2,620,496.00 $-2,416,026.00 $-2,184,121.00 $-135,391.00 $80,422.00 $377,780.00 $616,855.00 $910,484.00 $1,018,969.00 $1,174,225.00 $1,322,540.00 $839,443.00 $982,450.00 $471,512.00 $653,584.00 $1,085,311.00 $832,670.00 $888,924.00 $974,868.00 $1,094,140.00 $1,088,188.00 $1,016,917.00 $121,929.00 $147,339.00 -- -- $-13,070.00
Controlling Interest in Subsidiaries -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Total Liabilities and Equity $457,738.00 $199,965.00 $271,453.00 $338,131.00 $401,702.00 $377,670.00 $292,839.00 $387,068.00 $311,940.00 $297,722.00 $305,530.00 $414,371.00 $650,556.00 $658,966.00 $724,376.00 $854,830.00 $2,701,249.00 $2,773,536.00 $2,638,381.00 $2,661,443.00 $2,741,125.00 $2,862,482.00 $2,925,221.00 $3,012,629.00 $1,644,345.00 $1,776,985.00 $1,131,740.00 $1,106,057.00 $1,530,189.00 $1,278,916.00 $1,351,945.00 $1,535,827.00 $1,112,926.00 $1,099,965.00 $1,026,100.00 $129,783.00 $155,909.00 -- -- --

Statement of Operations

Date 2/29/2024 11/30/2023 8/31/2023 2/28/2023 11/30/2022 8/31/2022 5/31/2022 2/28/2022 11/30/2021 8/31/2021 5/31/2021 2/28/2021 11/30/2020 8/31/2020 5/31/2020 2/29/2020 11/30/2019 8/31/2019 5/31/2019 2/28/2019 11/30/2018 8/31/2018 5/31/2018 2/28/2018 11/30/2017 8/31/2017 5/31/2017 2/28/2017 11/30/2016 8/31/2016 5/31/2016 2/29/2016 11/30/2015 8/31/2015 5/31/2015 2/28/2015 11/30/2014 8/31/2014 5/31/2014 2/28/2014
Total Revenues $329,610.00 $251,070.00 $163,958.00 $526,447.00 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- $273,963.00 $126,072.00 $131,943.00 $51,128.00 $18,683.00 $19,979.00 $149,351.00 $127,227.00 $101,801.00 $26,381.00 $172,890.00 $146,174.00 $93,064.00 -- -- -- -- -- --
Cost of Revenues -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Gross Profit -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Research and Development -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Selling, General, and Administrative -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- $23,178.00 $49,673.00 $6,090.00 -- $17,105.00 $1,070.00
Total Operating Expenses $845,983.00 $605,082.00 $406,875.00 $915,050.00 $669,330.00 $193,352.00 $264,881.00 $844,256.00 $233,968.00 $161,224.00 $334,022.00 $1,297,426.00 $789,958.00 $521,518.00 $248,358.00 $3,400,107.00 $1,233,452.00 $863,820.00 $400,173.00 $1,368,491.00 $283,392.00 $661,805.00 $316,666.00 $1,428,919.00 $388,840.00 $593,690.00 $318,408.00 $1,888,093.00 $1,115,097.00 $692,292.00 $254,899.00 $473,051.00 $128,258.00 $173,805.00 $53,063.00 $80,523.00 $55,113.00 $6,787.00 $32,105.00 $56,338.00
Loss from Operations $-516,373.00 $-354,012.00 $-242,917.00 $-388,603.00 $-204,213.00 $13,463.00 $-112,240.00 $-391,955.00 $-128,938.00 $-90,027.00 $-207,381.00 $-1,017,266.00 $-607,369.00 $-398,907.00 $-217,412.00 $-2,827,091.00 $-799,030.00 $-595,716.00 $-280,814.00 $-869,417.00 $-146,831.00 $-387,842.00 $-190,594.00 $-1,296,976.00 $-376,374.00 $-888,923.00 $-298,429.00 $-1,738,742.00 -- -- -- $-300,161.00 -- -- -- -- -- -- -- --
Loss Before Income Taxes -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Earnings Per Share Basic $-0.01 -- -- $-0.01 -- -- -- $-0.01 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Weighted Average Shares Basic 90,883,013 90,883,013 90,883,013 90,883,013 90,883,013 90,883,013 90,883,013 90,883,013 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Earnings Per Share Diluted $-0.01 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Weighted Average Shares Diluted 90,883,013 90,883,013 90,883,013 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Common Stock Shares Authorized 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 150,000,000 90,000,000 90,000,000 90,000,000 90,000,000 90,000,000 90,000,000 90,000,000 90,000,000 90,000,000 90,000,000 90,000,000 90,000,000 90,000,000 -- -- 90,000,000
Common Stock Shares Outstanding 90,883,013 90,883,013 90,883,013 90,883,013 90,883,013 90,883,013 90,883,013 90,883,013 90,883,013 90,883,013 90,883,013 90,883,013 90,883,013 90,883,013 90,883,013 90,883,013 90,163,013 89,443,013 89,443,013 89,443,013 89,443,013 89,443,013 89,443,013 89,443,013 89,411,013 89,211,013 48,811,013 48,696,012 48,206,012 45,105,230 44,477,964 44,314,964 44,281,630 44,281,630 44,108,297 43,554,964 43,554,964 -- -- 43,267,600
Common Stock Value $90,883.00 $90,883.00 $90,883.00 $90,883.00 $90,883.00 $90,883.00 $90,883.00 $90,883.00 $90,883.00 $90,883.00 $90,883.00 $90,883.00 $90,883.00 $90,883.00 $90,883.00 $90,883.00 $90,163.00 $89,443.00 $89,443.00 $89,443.00 $89,443.00 $89,443.00 $89,443.00 $89,443.00 $89,411.00 $89,211.00 $48,811.00 $48,696.00 $48,206.00 $45,105.00 $44,478.00 $44,315.00 $44,282.00 $44,282.00 $44,108.00 $43,555.00 $43,555.00 -- -- $43,268.00
Common Stock Par Or Stated Value Per Share $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -- -- $0.00
Payments Of Dividends Common Stock -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Preferred Stock Shares Authorized 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 -- -- 10,000,000
Preferred Stock Shares Outstanding -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Preferred Stock Value -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Preferred Stock Par Or Stated Value Per Share $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -- -- $0.00
Share Price -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
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