Company: CCCP
Filing Date: 2025-08-26
Form Type: 10-Q/A
Source: 0001477932-25-006260
Chunk: 9

Company: Crona Corp.
Filing Date: 2025-08-26
Form: 10-Q/A
Chunk 9
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|:----|:--|--------------:|:--|:----|:--|-----------------:|:--|
| Property, plant and equipment, gross |     | $ |        24,980 |   |     | $ |           24,980 |   |
| Less: Depreciation                   |     |   |       (11,958 | ) |     |   |          (10,910 | ) |
| Property, plant and equipment, net   |     |   |        13,022 |   |     |   |           14,070 |   |

Total depreciation expenses for the three months ended March 31, 2025, and 2024, were $ and $, respectively.

Note 6 – INTANGIBLE ASSETS

The Company’s intangible assets as of March 31, 2025, and December 31, 2024, are as follows:

|                          |     |   | March 31,2024 |   |     |   | December 31,2024 |   |
|:-------------------------|:----|:--|--------------:|:--|:----|:--|-----------------:|:--|
| Intangible assets, gross |     | $ |        75,020 |   |     | $ |           75,020 |   |
| Less: Amortization       |     |   |       (56,265 | ) |     |   |          (50,014 | ) |
| Intangible assets, net   |     | $ |        18,755 |   |     | $ |           25,006 |   |

Total amortization expenses for the three months ended March 31, 2025, and 2024, were $ and $ respectively.

Note 7 – CONVERTIBLE PROMISSORY NOTE

On February 09, 2023, the Company issued a convertible promissory note (the “February 2023 Note”) at a face value of $ to a third party at an interest rate of % per annum. Net proceeds received against the promissory note are $ with a discount of $. Maturity date of the note is months from the date of issue with a conversion price of $

|                             |     | As of March 31, 2025 |         |     |                            |   |     |             |         |     |                  |        |
|:----------------------------|:----|:---------------------|