Company: JUPGF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001493152-25-008689
Chunk: 79

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-02-28
Form: 20-F
Item: Item 19
Chunk 79
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 financial statements. We believe that our audit provides
a reasonable basis for our opinion.

For,
Pipara & Co LLP (6841)

We
have served as the Company’s auditor since 2024

Date:
August 03, 2024

  F-18  

APOLLO
RESOURCES CORPORATION

CONSOLIDATED
BALANCE SHEETS

                                                  December 31,                       December 31,                   
                                                  2023                               2022                           
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  ASSETS                                                                                                            
  Current assets:                                                                                                   
  Cash and cash equivalents                       $                       5,973      $                       5,198  
  Related party transactions                                            674,461                                  -  
  Other current assets                            $                      30,147                             17,692  
  Total current assets                            $                     710,581      $                      22,890  
  Property and equipment, net                                         1,059,862      $                   1,051,746  
  Total assets                                    $                   1,770,443      $                   1,074,636  
  LIABILITIES AND STOCKHOLDERS’ DEFICIT                                                                             
  Current liabilities:                                                                                              
  Accounts payable                                $                      22,601      $                     514,834  
  Borrowing from Related Parties                  $                           -      $                     881,558  
  Other current liabilities                       $                      40,951      $                      57,549  
  Total current liabilities                       $                      63,552      $                   1,453,941  
  Non-Current liabilities:                                                                                          
  Other non-current liabilities                   $                      53,849                             78,964  
  Total current liabilities                       $                      53,849                             78,964  
  Total liabilities                               $                     117,401      $                   1,532,905  
  Stockholders’ equity:                                                                                             
  Additional paid-in capital                                          5,391,917                          2,039,612  
  Accumulated other comprehensive loss                                ( 205,470                              4,950  
  Accumulated deficit                                               ( 3,533,405                        ( 2,502,831  
  Total stockholders’ equity                                          1,653,042                          ( 458,269  
  Total liabilities and stockholders’ equity                          1,770,443                          1,074,636  

The
ac