Company: JUPGF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001493152-25-008689
Chunk: 73

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-02-28
Form: 20-F
Item: Item 19
Chunk 73
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                                2023  
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Property and equipment, net                        41,929                            2,358                      ( 44,287                    
  Intangibles, net                                   11,499                              750                      ( 12,249                    
                                                     53,428                            3,108                      ( 56,536                    

Related
Party Receivables/Payables

As
of December 31, 2024, there are $872,942of relating parties outstanding balances, represented by $851,678of intercompany loans received from Atlas Lithium (which include the impact of interest accrued for in the year ended December 31,
2024 of $10,918and Nilin the year ended December 31, 2023) and $21,264payable to Atlas Lítio do Brasil Ltda (“ ALB”) as a result of a cost sharing agreement through which the Company
borrows resources from ALB mainly for Geology-related work.

Additionally,
the Company advanced an amount of $ 9,855

As
of December 31, 2023, related party payables totaled $ 647,461 no

NOTE
4 - STOCKHOLDERS’ EQUITY

Issued
and Authorized

As
of December 31, 2024, the Company had 33,336,729 1 9,674,497 1 190,000,000 40,000,000 10,000,000 6,148,212

Common
Stock

During
the year ended December 31, 2024, the Company issued 23,662,232

SCHEDULE
OF COMPANY ISSUED COMMON STOCK

                                                                                Number of shares      Cash received  
  Shares arising from stock-based compensation to executives                           2,180,977             13,500  
  Issuance of shares in connection with sales made under private offerings             3,009,162          1,582,250  
  Shares issued in connection with the merger                                         18,472,093                  -  
  Total                                                                               23,662,232          1,595,750  

During
the year ended December 31, 2023, the Company issued and sold 827,180 612,300

During
the year ended December 31, 2022, the Company issued and sold 1,853