Company: JUPGF
Filing Date: 2025-05-02
Form Type: DRS
Source: 0001641172-25-008279
Chunk: 153

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-05-02
Form: DRS
Chunk 153
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 | (9,145,542 | ) |     |                     |  1,119,578 |   |

<div align='center'>The accompanying notes are an integral part of the consolidated financial statements.</div>

| F-5 |

<div align='center'>ATLAS CRITICAL MINERALS CORPORATION

CONSOLIDATED STATEMENTS OF CASH FLOWS</div>

|                                                                         |     | Year Ended December 31, 
 2024                    |            |   |     | Year Ended December 31, 
 2023                    |            |   |     | Year Ended December 31, 
 2022                    |          |   |
|:------------------------------------------------------------------------|:----|:------------------------|-----------:|:--|:----|:------------------------|-----------:|:--|:----|:------------------------|---------:|:--|
| Cash flows from operating activities of continuing operations:          |     |                         |            |   |     |                         |            |   |     |                         |          |   |
| Net loss                                                                |     | $                       | (1,713,123 | ) |     | $                       | (1,071,845 | ) |     | $                       | (657,375 | ) |
| Adjustments to reconcile net loss to cash used in operating activities: |     |                         |            |   |     |                         |            |   |     |                         |          |   |
| Stock based compensation and services                                   |     | $                       |    849,513 |   |     | $                       |    115,038 |   |     | $                       |  104,140 |   |
| Provisions for Contingencies                                            |     | $                       |     16,770 |   |     | $                       |          - |   |     | $                       |        - |   |
| Depreciation and amortization                                           |     | $                       |        206 |   |     | $                       |          - |   |     | $                       |   12,997 |   |
| Impairment losses                                                       |     | $                       |          - |   |     | $                       |     56,536 |   |     |                         |          |   |
| Gain/loss in foreign exchange transactions                              |     | $                       |       (698 | ) |     |                         |            |   |     |                         |          |   |
| Changes in operating assets and liabilities