Company: TPET
Filing Date: 2025-06-10
Form Type: 10-Q
Source: 0001641172-25-014516
Chunk: 3

Company: Trio Petroleum Corp.
Filing Date: 2025-06-10
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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,935) 
    $(3,179,277) 
    $(5,747,983)

    Basic and Diluted Net Loss per Common Share 

    Basic 
    $(0.22) 
    $(1.98) 
    $(0.53) 
    $(3.18)
  
    Diluted 
    $(0.22) 
    $(1.98) 
    $(0.53) 
    $(3.18)

    Weighted Average Number of Common Shares Outstanding 

    Basic 
     7,069,202  
     2,043,843  
     6,000,152  
     1,808,201 
  
    Diluted 
     7,069,202  
     2,043,843  
     6,000,152  
     1,808,201 

    Comprehensive loss: 

    Net loss 
     (1,563,752) 
     (4,045,935) 
     (3,179,277) 
     (5,747,983)
  
    Foreign currency translation adjustment 
     34,846  
     -  
     34,846  
     - 
  
    Comprehensive loss 
    $(1,528,906) 
    $(4,045,935) 
    $(3,144,431) 
    $(5,747,983)

The
accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

4

TRIO
PETROLEUM CORP.

CONDENSED
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY

FOR
THE THREE AND SIX MONTHS ENDED APRIL 30, 2025 AND 2024

(Unaudited)

    Shares  
    Amount  
    Receivable  
    Capital  
    Income  
    Deficit  
    Equity 

    Accumulated  

    Stock  
    Additional  
    Other  
       
    Total 

    Common Stock  
    Subscription  
    Paid-in  
    Comprehensive  
    Accumulated  
    Stockholders’ 

    Shares  
    Amount  
    Receivable  
    Capital  
    Income  
    Deficit  
    Equity 

    Balance at October 31, 2023 
     1,