Company: GURE
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001193805-25-001627
Chunk: 43

Company: GULF RESOURCES, INC.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 1
Chunk 43
---
(757,435) 
     (140,554) 
     (11,074,928) 
     (341,230) 
     (11,416,158)
  
    Total assets 
     89,030,860  
     48,060,437  
     54,871,374  
     1,812,636  
     193,775,307  
     109,987  
     193,885,294 
  
    Depreciation and amortization 
     12,718,202  
     1,013,663  
     204,892  
     100,797  
     14,037,554  
     —  
     14,037,554 
  
    Capital expenditures 
     28,923,642  
     31,602,571  
     —  
     —  
     60,526,213  
     —  
     60,526,213 

* Certain common production overheads, operating
and administrative expenses and asset items (mainly cash and certain office equipment) of bromine and crude salt segments in SCHC were
split by reference to the average selling price and production volume of each respective segment through April 2022. Commencing May 2022,
costs were assigned to the two subsidiaries (SCHC and SHSI) by independent accounting.

    15 

GULF RESOURCES, INC.

AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

SEPTEMBER 30, 2025

 (Expressed in U.S. dollars)

(UNAUDITED)

NOTE 18 – BUSINESS SEGMENTS – Continued

    Three-Month Period Ended September 30, 
    Nine-Month Period Ended September 30,
  
    Reconciliations 
    2025 
    2024 
    2025 
    2024
  
    Total segment operating Loss 
    $(212,824) 
    $(4,510,766) 
    $(5,207,267) 
    $(14,656,795)
  
    Corporate costs 
     (121,104) 
     (70,843) 
     (487,554) 
     (341,230)
  
    Loss from operations 
     (