| Income Statement | 2026-03-31 | 2025-12-31 | ||
|---|---|---|---|---|
| Revenues, net | 285,313 | 738,144.5* | ||
| Cost of revenues | 486,146 | 1,810,770.25* | ||
| Gross loss | -200,833 | -1,072,625.75* | ||
| Payroll and related expenses | 692,380 | 693,966* | ||
| General and administrative expenses | 1,908,492 | 1,654,343* | ||
| Impairment loss | - | 0* | ||
| Marketing and business development expenses | 81,409 | 96,150.5* | ||
| Total operating expenses | 2,682,281 | 2,444,459.5* | ||
| Operating loss | -2,883,114 | -3,517,085.25* | ||
| Loss on disposition of equity-based investment | - | 0* | ||
| Change in fair value of equity-based investment | - | 0* | ||
| Interest expense, net | 365,757 | 726,248* | ||
| Loss on debt extinguishment | 613,723 | -1,162,070.5* | ||
| Gain on debt extinguishment | 1,197,449 | - | ||
| Change in fair value of derivatives | 1,355 | -634,562* | ||
| Loss on initial recognition of derivatives | - | -1,068,807.75* | ||
| Legal settlement | - | -500,000* | ||
| Gain on settlement of derivatives | - | 563,409.5* | ||
| Other income | 776 | 71,192.5* | ||
| Total | 217,390 | -1,187,962.25* | ||
| Loss before income taxes | -2,665,724 | -4,705,047.5* | ||
| Provision for income taxes | - | 0* | ||
| Loss from continuing operations | - | -4,705,047.5* | ||
| Income (loss) from discontinued operations | - | 0* | ||
| Net loss | -2,665,724 | -4,705,047.5* | ||
| Common stock deemed dividend reduction in conversion rate | - | 0* | ||
| Common stock deemed dividend inducement | - | 0* | ||
| Deemed dividend for preferred shareholders | 395,967 | - | ||
| Net loss attributable to common stockholders | -3,061,691 | -4,705,047.5 | ||
| Basic EPS | -4.38 | -41.306 | ||
| Diluted EPS | -4.38 | -41.306 | ||
| Basic Average Shares | 698,387 | 113,908 | ||
| Diluted Average Shares | 698,387 | 113,908 | ||
OLENOX INDUSTRIES INC. (OLOX)
OLENOX INDUSTRIES INC. (OLOX)