Company: CBLO
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001599916-25-000058
Chunk: 13

Company: C2 Blockchain, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 1
Chunk 13
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to no revenue for the three months ended March 31, 2024. Operating expenses for the three months ended March 31, 2025, were $100,624,
up from $3,980 for the three months ended March 31, 2024, leading to an operating loss of $100,611, compared to a loss of $3,980 for the
same period in 2024. The variance is attributable to an increase in increased levels of operations.

For the nine months ended March 31, 2025, revenue was $13, with operating expenses totaling $113,188, compared to $17,490 for the nine
months ended March 31, 2024. The operating loss for the nine months ended March 31, 2025, was $113,175, compared to a loss of $17,490
for the nine months ended March 31, 2024. The variance is  also attributable to an increase in increased levels of operations.

The Company reported a net loss of $100,611 for the three months ended March 31, 2025, compared to $3,980 for the three months ended
March 31, 2024. For the nine months ended March 31, 2025, the net loss was $113,175, compared to $17,490 for the nine months ended March
31, 2024. The Company also recorded an unrealized loss on investment of $2,996 for both the three and nine months ended March 31, 2025.
As a result, total comprehensive loss for the three months ended March 31, 2025, was $103,607 (compared to $3,980 for the three months
ended March 31, 2024) and $116,171 for the nine months ended March 31, 2025 (compared to $17,490 for the nine months ended March 31,
2024).

Sales of Stock

During the period ended March 31, 2025, the Company sold an aggregate of 8,000,000 shares of common stock to three shareholders at
a price of $0.01 per share, for total proceeds of $70,000. These shares were sold pursuant to the Company’s qualified Regulation
A+ Tier II offering.

Additionally, the Company sold 1,000,000 shares of restricted common stock at a price of $0.04 per share to an accredited investor
in