Company: JUPGF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001493152-25-008689
Chunk: 76

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-02-28
Form: 20-F
Item: Item 19
Chunk 76
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 vested from 2025 to 2028.  

These
RSUs granted with immediate-vesting and time-vesting conditions were issued with a total grant date fair value of $ 460,247

NOTE
5 - SUBSEQUENT EVENTS

In
accordance with FASB ASC 855-10 Subsequent Events, the Company has analyzed its operations subsequent to December 31, 2024 to the date
these consolidated financial statements were issued, and has determined that it does not have any material subsequent events to disclose
in these consolidated financial statements.

In compliance with the SEC
regulation S-X and following the merger with Apollo Resources, the Company presents below Apollo’s unaudited consolidated statements
of operations and comprehensive loss and the unaudited consolidated cash flow statement for the eleven-month period ended November 30,
2024, as well as Apollo’s audited consolidated financial statements for the years ended December 31, 2023 and December 31, 2022.

APOLLO RESOURCES CORPORATION

CONSOLIDATED STATEMENTS
OF OPERATIONS AND COMPREHENSIVE LOSS

SCHEDULE
OF CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

                                              Eleven-month period ended November 30,                   
 ───────────────────────────────────────────────────────────────────────────────────────────────────────
                                              2024                                                     
                                              (Unaudited)                                              
  Revenue                                                                                              
  Cost of revenue                             $                                                     -  
  Gross profit                                $                                                     -  
  Operating expenses:                                                                                  
  General and administrative                  $                                             ( 661,493  
  Stock based compensation                    $                                             ( 938,808  
  Total operating expenses                    $                                           ( 1,600,301  
  Loss from Operations                        $                                           ( 1,600,301  
  Other expense (income):                                                                              
  Other expense (income)                      $                                               110,459  
  Finance results                             $                                               110,459  
  Loss before provision for income taxes      $                                           ( 1,489,842  
  Provision for income taxes                  $                                                     -  
  Net loss                                    $                                             1,489,842  
  Comprehensive loss:                                                                                  
  Net loss                                    $                                             1,489,842  
  Foreign curreny translation adjustment      $                                               333,939  
  Comprehensive loss                          $                                             1,823,781  

APOLLO RESOURCES CORPORATION

CONSOLIDATED STATEMENTS
OF CASH FLOWS