Company: JUPGF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001493152-25-008689
Chunk: 80

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-02-28
Form: 20-F
Item: Item 19
Chunk 80
---
companying notes are an integral part of the consolidated financial statements.

  F-19  

APOLLO
RESOURCES CORPORATION

CONSOLIDATED
STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

                                              2023                                          2022                                      
                                              Year Ended December 31,                       Year Ended December 31,                   
                                              2023                                          2022                                      
  Revenue                                     $                            -                $                            -            
  Net revenue                                 $                            -                $                            -            
  Cost of revenue                             $                            -                $                            -            
  Gross profit                                $                            -                $                            -            
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Operating expenses:                                                                                                                 
  General and administrative                  $                            ( 781,649        $                            ( 712,699    
  Stock based compensation                    $                            ( 197,805        $                            ( 331,858    
  Total operating expenses                    $                            ( 979,454        $                            ( 1,044,557  
  Loss from operations                        $                            ( 979,454        $                            ( 1,044,557  
  Other expense (income):                                                                                                             
  Other income (expense)                      $                            ( 51,120         $                            ( 158,916    
  Other income (expense)                      $                            ( 51,120         $                            ( 158,916    
  Loss before provision for income taxes      $                            ( 1,030,574      $                            ( 1,203,473  
  Provision for income taxes                  $                            -                $                            -            
  Net loss                                    $                            ( 1,030,574      $                            ( 1,203,473  

The
accompanying notes are an integral part of the consolidated financial statements.

  F-20  

APOLLO
RESOURCES CORPORATION

CONSOLIDATED
STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY

                                                                                                                               Accumulated                                                           
                                                                                                                               Other Comprehensive                                                   
                                                                                                                               Income (Loss)                                                         
  Balance, December 31, 2021                                                          1,446,250      1,446      1,080,433      $                        314,055        ( 1,299,358           96,576  
  Issuance of common stock in connection with sales made under private offerings      150,175        150        625,725        $