Company: JUPGF
Filing Date: 2025-09-25
Form Type: F-1/A
Source: 0001493152-25-014979
Chunk: 48

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-09-25
Form: F-1/A
Chunk 48
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 | R$   | 5.5589 |     | R$  | 5.0817 |     | R$    | 5.5589 |
| Fiscal                  
 Year Ended 12/31/2024   |     | R$      | 5.3905 |     | R$   | 6.1991 |     | R$  | 4.8543 |     | R$    | 6.1923 |
| Fiscal                  
 Year Ended 12/31/2023   |     | R$      | 4.9953 |     | R$   | 5.4459 |     | R$  | 4.7202 |     | R$    | 4.8413 |
| Fiscal                  
 Year Ended 12/31/2022   |     | R$      | 5.2284 |     | R$   | 5.7042 |     | R$  | 4.7378 |     | R$    | 5.2177 |

The exchange rate was R$5.4571 Brazilian real per one U.S. dollar on June 30, 2025 and R$5.5589 on June 30, 2024.The exchange rate was R$6.1923 Brazilian real per one U.S. dollar on December 31, 2024 and R$4.8413 on December 31, 2023.

The Six Months Ended June 30, 2025, compared to the Six Months Ended June 30, 2024

Net loss for the six months ended June 30, 2025 totaled $2,799,353, compared to net loss of $525,600 during the six months ended June 30, 2024, an increase of $2,273,753 or 333%. The decrease is mainly due to:

| ● | We                                                                                               
 generated gross profit of $163,227 in the six months ended on June 30, 2024, compared to         
 gross loss of $80,898 in 2025, a reduction of $244,125. We generated limited revenues in         
 the six months ended on June 30, 2025 since our production of quartzite blocks and slabs         
 paused in April 2025, while we undergo modifications to our operations to address certain        
 identified issues. The primary issue to be resolved is the adoption of an updated drainage       
 plan for the