Company: ALDA
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001062506-25-000007
Chunk: 11

Company: ATLANTICA INC
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 11
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 of $124,199 for the quarterly period ended September 30, 2025, compared to a net loss of $84,885 for the quarterly period ended September 30,
2024.

Nine Months Ended September 30, 2025 Compared to Nine
Months Ended September 30, 2024

The Company had no operations during the nine months
ended September 30, 2025, nor do we have operations as of the date of this filing. General and administrative expenses were $183,063 for the
nine months ended September 30, 2025, compared to $180,582 for the nine months ended September 30, 2024. General and administrative expenses for the
nine months ended September 30, 2025 and 2024 were comprised mainly of accounting, management and legal fees. We had a net loss of $329,461
for the nine months ended September 30, 2025, compared to a net loss of $309,498 for the nine months ended September 30, 2024.

Liquidity

We have no current cash resources.

During the next 12 months, our only foreseeable cash
requirements will relate to maintaining our good standing in the State of Utah and preparing and filing all required reports under the
securities laws. We do not have any cash reserves to pay for our administrative expenses for the next 12 months, which include $1,753,323
in accrued legal fees related to a potential acquisition by the Company. In the event that additional funding is required in order to
keep us in good standing and current in our reporting obligations, we expect to raise such funding through additional loans from our principal
shareholder.

Item 3. Quantitative and Qualitative Disclosures
About Market Risk.

Not required.

Item 4. Controls and Procedures.