Company: CBLO
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001882781-25-000034
Chunk: 97

Company: C2 Blockchain, Inc.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1C
Chunk 97
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Item
6. Selected Financial Data.

As
a “smaller reporting company,” we are not required to provide the information required by this Item.

Item
7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Forward
Looking Statements

This
section includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, as added by the Private Securities Litigation Reform Act of 1995. These statements are based on management’s
current expectations and assumptions, and such statements are subject to risks and uncertainties. There can be no assurance that any
of our plans, objectives, or projections will be achieved. It is possible that any of our planned initiatives may not materialize, and
investors could lose some or all of their invested capital. Forward-looking statements speak only as of the date they are made, and we
do not undertake any obligation to update them unless required by law.

Business
Overview

The
Company is a development-stage blockchain infrastructure business focused on cryptocurrency mining, digital asset treasury management,
and related technology initiatives. While material corporate activities have commenced, the Company remains in the early stages of development
and faces significant operational and financial constraints that may affect the timing and scope of its activities.

For
a detailed discussion of the Company’s business, plans, and related information, please refer to Item 1 “Business”
of this annual report.

Results
of Operations (For the Fiscal Year Ended June 30, 2025, and June 30, 2024)

Revenues

During
the fiscal year ended June 30, 2025, we generated $185 in revenue from staking rewards, which constituted all of our revenue for that
period. These staking rewards were solely earned from holding and staking Cardano (ADA) tokens. Staking rewards, as defined herein, are
earnings received for participating in the network’s validation process by locking certain cryptocurrencies to help secure the
blockchain and process transactions. During this period, the Company did not hold any Dog Coin (DOG) tokens, and therefore no staking
rewards were generated from DOG. During the fiscal year ended June 30, 2024, the Company did not generate any revenue.

Operating
Expenses

Our
operating expenses for the fiscal year ended June 30, 2025, were $222,780, all of which were general and administrative expenses.