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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Sep. 30, 2024
Current assets    
Cash and cash equivalents $ 2,628,000 $ 2,656,000
Accounts receivable 3,000 3,000
Other 14,000 21,000
Total current assets 2,645,000 2,680,000
Property and equipment, at cost    
Proved oil and gas properties (successful efforts method) 311,000 311,000
Less accumulated depreciation, depletion, and amortization (286,000) (285,000)
Net property and equipment 25,000 26,000
Right-of-Use Asset 14,000 20,000
Total assets 2,684,000 2,726,000
Current liabilities:    
Accounts payable 2,000 5,000
Operating lease liability 14,000 21,000
Accrued expenses, related party 1,235,000 1,141,000
Other accrued expenses 3,000 13,000
Total current liabilities 1,254,000 1,180,000
Long-term operating lease liability 0 0
Total Liabilities 1,254,000 1,180,000
Commitments and Contingencies 0 0
Stockholders' equity:    
Preferred stock 0 0
Common stock 113,000 113,000
Additional paid-in capital 13,693,000 13,693,000
Accumulated deficit (12,376,000) (12,260,000)
Total stockholders' equity 1,430,000 1,546,000
Total liabilities and stockholders' equity $ 2,684,000 $ 2,726,000