Company: CRCE
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0001096906-25-000275
Chunk: 48

Company: Circle Energy, Inc./NV
Filing Date: 2025-03-20
Form: 10-K
Item: Item 3
Chunk 48
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 our balance sheets and statements of operations as of and for the years ended December 31, 2024, 2023 and 2022 and the partial year ended December 31, 2021. The data set forth below should be read in conjunction with “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the financial statements and related notes thereto included in this Annual Report. 

For the year ended
 
For the year ended
 
For the year ended
 
For the partial year ended

Statements of Operations Data:
 
December 31, 2024
 
December 31, 2023
 
December 31, 2022
 
December 31, 2021

Revenues
 
$-  
 
$-  
 
$-  
 
$-  

Cost of revenues
 
-  
 
-  
 
-  
 
-  

General and administrative
 
63,936  
 
78,380  
 
63,095  
 
3,226  

Net loss
 
(63,936) 
 
(78,380) 
 
(63,095) 
 
(3,226) 

Basic and Diluted Loss per share
 
$(0.04) 
 
$(0.05) 
 
$(0.04) 
 
$(0.04) 

As of December 31,

Balance Sheet Data:
 
2024
 
2023
 
2022
 
2021

Current assets
 
$206,403 
 
$275,857 
 
$349,755 
 
$239,650 

Oil and gas properties not subject to amortization
 
34,500 
 
34,500 
 
34,500 
 
- 

Total assets
 
240,903 
 
310,357 
 
384,255 
 
239,650 

Total current liabilities
 
2,477 
 
7,995 
 
3,513 
 
5,226 

Total long-term liabilities
 
- 
 
- 
 
- 
 
- 

Total Stockholders' Equity
 
238,426 
 
302,362 
 
380,742 
 
234,424