Company: CRCE
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001096906-25-001324
Chunk: 3

Company: Circle Energy, Inc./NV
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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(20,219)
 
               (20,219)

Balance, June 30, 2025
    1,530,000 
 
 $   1,530 
 
 $         445,533 
 
 $                (253,129)
 
 $            193,934 

The accompanying notes are an integral part of these unaudited interim financial statements.

6

CIRCLE ENERGY, INC.

STATEMENTS OF CASH FLOWS

(Unaudited)

For the Six Months Ended June 30,
 
2025
 
2024

Cash Flows From Operating Activities

Net loss
 
 $                  (44,492)
 
 $                  (36,098)

Adjustments to reconcile net loss to net cash

  provided by operating activities:

    Changes in assets and liabilities:

Prepaid expenses and retainers
 
                         7,800 
 
                         4,730 

Accounts payable
 
                         9,553 
 
                       (2,995)

Net Cash Provided by (Used in) Operating Activities
 
                     (27,139)
 
                     (34,363)

Cash Flows From Investing Activities

Purchase of unproven oil and gas properties
 
                       (5,000)
 
                              -   

Net Cash Used in Investing Activities
 
                       (5,000)
 
                              -   

Cash Flows From Financing Activities

Proceeds from founding shares issuance
 
                              -   
 
                              -   

Proceeds from issuance of common stock, net of offering costs
 
                              -   
 
                              -   

Net Cash Provided by Financing Activities
 
                              -   
 
                              -   

Net Increase (Decrease) in Cash
 
                     (32,139)
 
                     (34,363)

Cash at Beginning of Period
 
                     192,024 
 
                     261,338 

Cash at End of Period
 
 $                  159,885