Company: CBLO
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001882781-25-000034
Chunk: 25

Company: C2 Blockchain, Inc.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1
Chunk 25
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 of $84,000 (all accrued officer compensation), and a stockholders’ deficit
of $8,449. Net cash used in operating activities was $149,333 for the fiscal year ended June 30, 2025, compared to $30,020 for the
fiscal year ended June 30, 2024, reflecting increased corporate expenses and compensation accruals. Net cash used in investing activities
was $62,474 for the fiscal year ended June 30, 2025, related to cryptocurrency purchases, with no investing activities in fiscal 2024.
Net cash provided by financing activities was $211,786 for the fiscal year ended June 30, 2025, primarily attributable to sales of our
common stock, including $223,000 in common stock sales and $50,000 in proceeds for shares payable, partially offset by repayment of a
$61,214 related-party loan. In fiscal 2024, financing activities consisted solely of a $30,050 loan from our sole officer and director.
We have incurred recurring losses from operations since inception and expect to continue incurring losses until such time as we commence
profitable cryptocurrency mining operations or other revenue-generating activities. We will require additional funding, likely through
equity financing or related-party contributions, to sustain operations. There can be no assurance that such funding will be available
on acceptable terms or at all.

Going
Concern

We
have incurred recurring losses from operations since inception and expect to continue incurring losses until such time as we commence
profitable cryptocurrency mining operations or other revenue-generating activities, including but not limited to digital asset management
and related initiatives. Our recurring operating loss, accumulated deficit of $298,184 as of June 30, 2025, and minimal cash balance
raise substantial doubt about our ability to continue as a going concern for the next twelve months. Management’s plans include
raising additional capital and pursuing our proposed cryptocurrency mining operations; however, there is no assurance that these plans
will be successful.

Item
7A. Quantitative and Qualitative Disclosures about Market Risk.

We
qualify as a smaller reporting company, as defined by Item 10 of Regulation S-K and, thus, are not required to provide the information
required by this Item.

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9 -

Table
of Contents

Item
8. Financial Statements and Supplementary Data.

C2
Blockchain, Inc.

FINANCIAL
STATEMENTS

INDEX
TO FINANCIAL STATEMENTS

    Pages