Company: OCG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043484
Chunk: 171

Company: Oriental Culture Holding LTD
Filing Date: 2025-05-15
Form: 20-F
Item: Item 19
Chunk 171
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,252,747                         24,688,559  
  Accumulated other comprehensive loss                                                                                                                                                                                        ( 2,215,536                        ( 1,735,735  
  Total shareholders’ equity                                                                                                                                                                                                   49,909,312                         45,549,649  
  Total liabilities and shareholders’ equity                                                                                                                                                                $                  60,778,716      $                  56,181,530  

F-34

ORIENTAL CULTURE HOLDING
LTD.

CONDENSED STATEMENTS
OF INCOME AND COMPREHENSIVE INCOME (LOSS)

                                                For the Years Ended December 31,                                                                         
                                                2024                                                   2023                       2022                   
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  OPERATING EXPENSES:                           $                                     ( 1,579,979      $         ( 2,309,152      $         ( 2,869,077  
  LOSS FROM OPERATIONS                                                                ( 1,579,979                ( 2,309,152                ( 2,869,077  
  OTHER (EXPENSE) INCOME                                                                ( 853,557                ( 1,289,328                  6,104,762  
  NET (LOSS) INCOME                                                                   ( 2,433,536                ( 3,598,480                  3,235,686  
  FOREIGN CURRENCY TRANSLATION ADJUSTMENTS                                              ( 479,801                  ( 560,679                ( 2,273,012  
  COMPREHENSIVE (LOSS) INCOME                   $                                     ( 2,913,337      $         ( 4,159,159      $             962,674  

F-35

ORIENTAL CULTURE HOLDING
LTD.

CONDENSED STATEMENTS
OF CASH FLOWS

                                                            For the Years Ended December 31,                                                                        
                                                            2024                                                   2023                      2022                   
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Net cash (used in) provided by operating activities       $                                     ( 1,761,029      $            181,835      $         ( 8,634,039  
  Net cash (used in) investing activities                                                         ( 5,756,000                         -                          -  
  Net cash provided by financing activities