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CoJax Oil & Gas (CJAX) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 12, 2025

CoJax Oil & Gas (CJAX) reported revenue of $213K for the third quarter 2025 (Q3 2025), -15% from a year earlier and -9% from the quarter before. Operating margin was -74.0%, net loss $158K (74.1% of revenue).

Revenue$213K
Year over year-15%
Quarter over quarter-9%
Operating margin-74.0%
Net earnings−$158K

CoJax Oil & Gas, Q3 2025: revenue $213K (-15% year over year), operating margin -74.0%, net loss $158K, operating cash flow $10K. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$213K-9%-15%
Operating profit−$157K——
Net earnings−$158K——
Operating cash flow$10K—-24%

What changed

Revenue was $213K in Q3 2025, down 15% year over year and down 9% from the previous quarter.

Operating costs exceeded revenue by $157K, an operating margin of -74.0%. Total costs fell 7% while revenue fell 15%. The fastest-growing cost line was Other operating costs (+21%). The quarter ended with a net loss of $158K, narrower than the previous quarter's $204K loss. Non-operating items added $157K, -54559% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was $10K (down 24% year over year). Non-cash charges added back $80K of depreciation and amortization. Working capital and other items added $88K.

Questions

What was CoJax Oil & Gas' revenue in the third quarter 2025?

CoJax Oil & Gas (CJAX) reported revenue of $213K for the third quarter 2025 (Q3 2025), -15% from a year earlier and -9% from the quarter before.

Was CoJax Oil & Gas profitable in the third quarter 2025?

Operating loss was $157K (-74.0% of revenue) and net loss $158K.

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Source: CoJax Oil & Gas 10-Q on SEC EDGAR.