In the third quarter of 2025, Norris Industries Inc (NRIS) reported a revenue of $81,744, down approximately 6.16% year-over-year and reflecting a modest improvement of 6.15% quarter-over-quarter. Despite this slight recovery in revenues, the company remains under financial stress, concluding the quarter with a net loss of $156,461, primarily driven by high operating and interest expenses. The gross profit margin decreased significantly, recording a negative gross profit of $79,941 due to cost pressures and suboptimal pricing dynamics in the oil and gas market. Management remains hopeful for future improvements but acknowledges the need for strategic changes to enhance operational efficiency.