Company: TPET
Filing Date: 2025-06-10
Form Type: 10-Q
Source: 0001641172-25-014516
Chunk: 2

Company: Trio Petroleum Corp.
Filing Date: 2025-06-10
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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 expense 
     11,161  
     40,223  
     35,882  
     124,817 
  
    General and administrative expense 
     755,481  
     1,475,685  
     1,467,027  
     2,433,375 
  
    Stock-based compensation expense 
     115,652  
     504,912  
     605,966  
     912,530 
  
    Accretion expense 
     694  
     694  
     1,389  
     1,389 
  
    Total operating expenses 
     882,988  
     2,021,514  
     2,110,264  
     3,472,111 

    Loss from operations 
     (868,979) 
     (1,948,591) 
     (2,085,436) 
     (3,399,188)

    Other expenses: 

    Interest expense 
     30,154  
     982,691  
     348,520  
     1,141,989 
  
    Settlement fees 
     -  
     10,500  
     -  
     10,500 
  
    Loss on abandonment of oil and gas properties 
     574,419  
     -  
     574,419  
     - 
  
    Loss on extinguishment 
     90,200  
     -  
     90,200  
     - 
  
    Loss on conversion 
     -  
     1,104,153  
     80,702  
     1,196,306 
  
    Total other expenses 
     694,773 
     2,097,344  
     1,093,841  
     2,348,795 

    Loss before income taxes 
     (1,563,752)  
     (4,045,935) 
     (3,179,277) 
     (5,747,983)
  
    Provision for income taxes 
     -  
     -  
     -  
     - 

    Net loss 
    $(1,563,752)  
    $(4,045