Company: OCG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043484
Chunk: 124

Company: Oriental Culture Holding LTD
Filing Date: 2025-05-15
Form: 20-F
Item: Item 19
Chunk 124
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 6,191,340       1,543      22,442,726      153,037      24,688,559       ( 1,735,735       45,549,649  
  Stock compensation                       300,000         75         572,925         -            -                -                    573,000  
  Shares issued for private                14,000,000      3,500      6,996,500       -            -                -                  7,000,000  
  Transaction costs related                840,000         210        ( 300,210       -            -                -                  ( 300,000  
  Shares to be issued for transaction      ( 840,000       ( 210      210             -            -                -                          -  
  Net loss                                 -               -          -               -            ( 2,433,536      -                ( 2,433,536  
  Statutory reserve                        -               -          -               2,276        ( 2,276          -                          -  
  Foreign                                  -               -          -               -            -                ( 479,801          ( 479,801  
  BALANCE, December 31,                    20,491,340      5,118      29,712,151      155,313      22,252,747       ( 2,215,536       49,909,312  

  Shares and per share data are presented on a retroactive                
  basis to reflect the share consolidation effected on October 10, 2023.  
 ──────────────────────────────────────────────────────────────────────────

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

F-5

ORIENTAL CULTURE HOLDING LTD. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

                                                                             For the Year Ended December 31,                                                                            
                                                                             2024                                                   2023                        2022                    
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  CASH FLOWS FROM OPERATING ACTIVITIES:                                                                                                                                                 
  Net (loss) income                                                          $                                     ( 2,433,536      $         ( 3,598,480       $            3,235,686  
  Adjustments to reconcile net income to net cash