Company: CRCE
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001096906-25-001824
Chunk: 0

Company: Circle Energy, Inc./NV
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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Item 1.  Financial Statements

CIRCLE ENERGY, INC.

BALANCE SHEET

(Unaudited)

September 30,
 
December 31,

As of
 
2025
 
2024

ASSETS

Current Assets

Cash and cash equivalents
 
$144,051  
 
$192,024  

Prepaid assets and retainers
 
2,679  
 
14,379  

Total Current Assets
 
146,730  
 
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
 
$186,230  
 
$240,903  

LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities

Accounts payable
 
$9,184  
 
$2,477  

Total Current Liabilities
 
9,184  
 
2,477  

Total Liabilities
 
9,184  
 
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
 
(270,017) 
 
(208,637) 

Total Stockholders' Equity
 
177,046  
 
238,426  

Total Liabilities and Stockholders' Equity
 
$186,230  
 
$240,903  

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

4

CIRCLE ENERGY, INC.

STATEMENTS OF OPERATIONS

(Unaudited)

For the three months ended
 
For the nine months ended

September 30, 2025
 
September 30, 2024
 
September 30, 2025
 
September 30, 2024

Revenues
 
$-  
 
$-  
 
$-  
 
$-  

Costs and Operating Expenses

General and administrative expense
 
16,888