Company: CRCE
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001096906-25-001324
Chunk: 0

Company: Circle Energy, Inc./NV
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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Item 1.  Financial Statements

CIRCLE ENERGY, INC.

BALANCE SHEET

(Unaudited)

June 30,
 
December 31,

As of
 
2025
 
2024

ASSETS

Current Assets

Cash and cash equivalents
 
 $         159,885 
 
 $         192,024 

Prepaid assets and retainers
 
                6,579 
 
              14,379 

Total Current Assets
 
            166,464 
 
            206,403 

Properties and Equipment

Oil and natural gas properties not subject to amortization
 
              39,500 
 
              34,500 

Total Properties and Equipment
 
              39,500 
 
              34,500 

Total Assets
 
 $         205,964 
 
 $         240,903 

LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities

Accounts payable
 
 $             12,030 
 
 $             2,477 

Total Current Liabilities
 
                12,030 
 
                2,477 

Total Liabilities
 
                12,030 
 
                2,477 

Stockholders' Equity

Common stock - $0.001 par value; 150,000,000 shares authorized; 1,530,000 and 1,530,000 shares issued and outstanding, respectively
 
                1,530 
 
                1,530 

Preferred stock - 50,000,000 shares authorized; no shares outstanding
 
                      -   
 
                      -   

Additional paid-in capital
 
            445,533 
 
            445,533 

Accumulated deficit
 
          (253,129)
 
          (208,637)

Total Stockholders' Equity
 
            193,934 
 
            238,426 

Total Liabilities and Stockholders' Equity
 
 $         205,964 
 
 $         240,903 

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

4

CIRCLE ENERGY, INC