Company: CCCP
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001477932-25-001313
Chunk: 71

Company: Crona Corp.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 2
Chunk 71
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 $50   6,587,500  $6,588  $31,853  $(230,427) $(188) $(192,124)Net loss  -   -   -   -   -   (77,395)  -   (77,395)Balance, December 31, 2024  5,000,000  $50   6,587,500  $6,588  $31,853  $(307,822) $(188) $(269,519)                                 See accompanying notes to unaudited financial statements.

 F-6Table of Contents

CRONA CORP. STATEMENTS OF CASH FLOWS   For the year ended December 31, 2024  For the year ended December 31, 2023        CASH FLOWS FROM OPERATING ACTIVITIES      Net loss $(77,395) $(193,626)Adjustments to reconcile net income (loss) to net cash used in operating activities:         Amortization expenses  25,007   25,007 Depreciation expenses  4,480   6,430 Amortization of discount on promissory note  1,863   15,137 Share based compensation  -   500 Changes in operating assets and liabilities:        Prepaid expenses   255   2,255 Interest payable on convertible promissory note  22,871   21,258 Accounts payable  4,779   2,445 Accrued expenses  (2,000)  500 NET CASH USED IN OPERATING ACTIVITIES  (20,140)  (120,094)CASH FLOWS FROM FINANCING ACTIVITIES        Convertible promissory note issued  -   116,000 Advances from related party  20,140   7,825 Repayment to related party  -   (3,543)NET CASH FROM FINANCING ACTIVITIES  20,140   120,282 NET INCREASE (DECREASE) IN CASH  -   188 Effects of currency translation on cash  -   (188)Cash, beginning of period