SPOWF on OTC
Strata Power Corp
Strata Power Corp is a crude petroleum and natural gas company, listed on OTC (SPOWF).1
Price unavailable
Last updated Oct 21, 2026.
Overview
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- TickerSPOWF on OTC1
- IndustryCrude Petroleum & Natural Gas1
- HeadquartersZ41
- Incorporated inCanada (Federal Level)2
- Business address34334 Forrest Terrace, Abbotsford, V2S 1G72
- Filer categoryNon-accelerated filer2
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Company filed a Certificate of Amendment with Corporations Canada changing its name from Strata Oil & Gas Inc. to Strata Power Corporation.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs100¢$76.3K
Out of $76.3K in revenue.4 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Royalty income | $76.3K | $135.0K | $199.4K |
| Professional fees | $22.7K | $12.4K | $28.7K |
| Office and sundry | $505 | $389 | $799 |
| Consulting fees | $46.6K | $115.6K | $180.1K |
| Transfer agent fees | $2.4K | $2.5K | $2.4K |
| Oil & gas properties expense | $27.9K | $25.9K | $22.7K |
| Total operating expenses | $100.1K | $156.8K | $234.7K |
| Interest income | $3.1K | $5.1K | $4.9K |
| Other income | $33.6K | $724 | |
| Interest expense | -$380 | -$509 | -$618 |
| Foreign exchange gain (loss) | $2.3K | -$4.3K | $4.7K |
| Change in fair value of derivative liability | -$19.8K | -$875 | -$683 |
| Total other income (expense) | -$14.7K | $33.0K | $9.0K |
| Net income (loss) before taxes | -$38.6K | $11.2K | -$26.3K |
| Income tax benefit (expense) | $0 | $0 | $0 |
| Net income (loss) | -$38.6K | $11.2K | -$26.3K |
| Foreign currency translation adjustment | -$1.0K | -$1.8K | -$769 |
| Comprehensive income (loss) | -$39.6K | $9.4K | -$27.0K |
| Basic | $0.00 | $0.00 | $0.00 |
| Diluted | $0.00 | $0.00 | $0.00 |
| Basic | 20.1M shares | 20.1M shares | 20.1M shares |
| Diluted | 20.1M shares | 20.1M shares | 20.1M shares |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Cash | $1.5K | $15.8K | |||
| GST receivables | $27.5K | $23.9K | |||
| Royalty receivables | $7.4K | $18.0K | |||
| Prepaid expenses | $17.8K | $8.6K | |||
| Total current assets | $54.2K | $66.3K | |||
| Reclamation deposits | $107.9K | $99.9K | |||
| Total assets | $162.1K | $166.2K | |||
| Accounts payable and accrued liabilities | $166 | $668 | |||
| Accounts payable and accrued liabilities - related party | $11.2K | $38 | |||
| Notes payable | $9.9K | $9.1K | |||
| Derivative liabilities | $36.0K | $15.2K | |||
| Total current liabilities | $57.3K | $24.9K | |||
| Deferred revenue - royalty agreement (Note 8) | $300.0K | $300.0K | |||
| Asset retirement obligation | $71.2K | $67.9K | $71.2K | $215.0K | |
| Total long-term liabilities | $371.2K | $367.9K | |||
| Total liabilities | $428.4K | $392.8K | |||
| Preferred stock: no par value, unlimited shares authorized and none issued | $0 | $0 | |||
| Common stock: no par value, unlimited shares authorized; 20,085,119 shares issued and outstanding at December 31, 2025 and 2024, respectively | $0 | $0 | |||
| Additional paid-in capital | $23.4M | $23.4M | |||
| Common shares to be issued | $5.0K | $5.0K | |||
| Accumulated deficit | -$23.3M | -$23.2M | |||
| Accumulated other comprehensive income | -$406.9K | -$405.8K | |||
| Total stockholders' equity (deficit) | -$266.3K | -$226.6K | -$236.0K | -$209.0K | |
| Total liabilities and stockholders' equity (deficit) | $162.1K | $166.2K | |||
| Preferred stock, no par value | $0 | $0 | |||
| Preferred stock, shares issued | 0 shares | 0 shares | |||
| Common stock, no par value | $0 | $0 | |||
| Common stock shares issued | 20.1M shares | 20.1M shares | |||
| Common stock shares outstanding | 20.1M shares | 20.1M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Cash | $1.5K | $15.8K | |||
| GST receivables | $27.5K | $23.9K | |||
| Royalty receivables | $7.4K | $18.0K | |||
| Prepaid expenses | $17.8K | $8.6K | |||
| Total current assets | $54.2K | $66.3K | |||
| Reclamation deposits | $107.9K | $99.9K | |||
| Total assets | $162.1K | $166.2K | |||
| Accounts payable and accrued liabilities | $166 | $668 | |||
| Accounts payable and accrued liabilities - related party | $11.2K | $38 | |||
| Notes payable | $9.9K | $9.1K | |||
| Derivative liabilities | $36.0K | $15.2K | |||
| Total current liabilities | $57.3K | $24.9K | |||
| Deferred revenue - royalty agreement (Note 8) | $300.0K | $300.0K | |||
| Asset retirement obligation | $71.2K | $67.9K | $71.2K | $215.0K | |
| Total long-term liabilities | $371.2K | $367.9K | |||
| Total liabilities | $428.4K | $392.8K | |||
| Preferred stock: no par value, unlimited shares authorized and none issued | $0 | $0 | |||
| Common stock: no par value, unlimited shares authorized; 20,085,119 shares issued and outstanding at December 31, 2025 and 2024, respectively | $0 | $0 | |||
| Additional paid-in capital | $23.4M | $23.4M | |||
| Common shares to be issued | $5.0K | $5.0K | |||
| Accumulated deficit | -$23.3M | -$23.2M | |||
| Accumulated other comprehensive income | -$406.9K | -$405.8K | |||
| Total stockholders' equity (deficit) | -$266.3K | -$226.6K | -$236.0K | -$209.0K | |
| Total liabilities and stockholders' equity (deficit) | $162.1K | $166.2K | |||
| Preferred stock, no par value | $0 | $0 | |||
| Preferred stock, shares issued | 0 shares | 0 shares | |||
| Common stock, no par value | $0 | $0 | |||
| Common stock shares issued | 20.1M shares | 20.1M shares | |||
| Common stock shares outstanding | 20.1M shares | 20.1M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | -$38.6K | $11.2K | -$26.3K |
| Accrued interest | $379 | $509 | $531 |
| Change in fair value of derivative liabilities | $19.8K | $875 | $683 |
| GST receivable | -$3.6K | -$4.7K | -$9.9K |
| Royalty receivable | $10.6K | $4.0K | $17.5K |
| Prepaid expenses | -$9.3K | -$1.5K | $3.6K |
| Accounts payable and accrued liabilities | -$504 | -$42.3K | $8.7K |
| Accrued liabilities related party | $11.1K | $38 | -$16.0K |
| Asset retirement obligation | $0 | $0 | $0 |
| Net cash used in operating activities | -$10.0K | -$31.9K | -$21.0K |
| Reclamation Deposits | -$3.2K | -$5.1K | -$4.9K |
| Net cash used in investing activities | -$3.2K | -$5.1K | -$4.9K |
| Net cash used in financing activities | $0 | $0 | $0 |
| Foreign exchange effect on cash | -$1.1K | -$1.2K | -$1.1K |
| Net decrease in cash | -$14.3K | -$38.2K | -$26.9K |
| Interest | $0 | $0 | $0 |
| Income taxes | $0 | $0 | $0 |
No quarter-by-quarter statement was filed.
Leadership
Who has led Strata Power Corp, and when. Pick a name to see everywhere that person has worked.
Board members and other officers (1)
- Board memberDuncan Budge Aug 4, 2006 to Aug 4, 200610
Former names
Filings
13 filings to the SEC since October 2021: 6 annual reports, 7 other. The latest 13:
- Mar 31, 202620-F FORM 20-F FOR DEC 2025 EDGAR
- Mar 31, 202520-F FORM 20-F FOR DEC 2024 EDGAR
- Nov 13, 20246-K EDGAR
- Aug 12, 20246-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Mar 29, 202420-F EDGAR
- Feb 6, 2024UPLOAD EDGAR
- Jan 10, 2024CORRESP EDGAR
- Jan 10, 20246-K CURRENT REPORT EDGAR
- Dec 28, 202320-F/A AMENDMENT NO 1 EDGAR
- Dec 20, 2023UPLOAD EDGAR
- Mar 23, 202320-F EDGAR
- Jan 17, 20236-K EDGAR
- Mar 31, 202220-F EDGAR
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
SEC filer profile
How Strata Power Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARStrata Power Corp1
- CIK0001227282
- Filer statusNon-accelerated filer not an emerging growth company; a shell company3
- Incorporated inBritish Columbia, Canada3
- Fiscal year endsDecember 311
- Industry code (SIC)1311 Crude Petroleum & Natural Gas1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business address34334 Forrest Terrace, Abbotsford, British Columbia V2S 1G7, British Columbia, Canada1
- Phone403-237-54431
- Shares outstanding20,085,119 shares as of Mar 30, 20263
- AuditorFruci & Associates II, PLLC, Spokane, Washington PCAOB ID 55253
- On EDGAR sinceApr 22, 20031
- Filings126 in all: 6-K (57), 20-F (22), UPLOAD (11), CORRESP (9), S-4/A (7), 20-F/A (5), NT 20-F (5), S-8 (3)1
All 14 form types
SC 13D (2), 3 (1), 424B3 (1), 6-K/A (1), 8-A12G (1), S-4 (1)
- Latest filingsAnnual report (20-F) Mar 31, 2026
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 10SEC EDGARDuncan Budge, Board member