| Cash Flow | 2026-04-30 | 2026-01-31 | 2025-10-31 |
|---|---|---|---|
| Loss on abandonment of oil and gas properties | - | - | 611,763 |
| Net loss | -1,367,356 | -1,012,629 | -7,282,133 |
| Issuance of common shares for services | 0 | 40,950 | 58,692 |
| Accretion expense | 3,766 | 1,797 | 2,778 |
| Amortization of debt discounts | 22,125 | 135,700 | 603,447 |
| Stock-based compensation | 41,090 | 84,872 | 2,629,110 |
| Loss on issuance of common shares in lieu of cash for debt payments | 13,014 | 71,503 | 711,312 |
| (gain) loss on extinguishment of liabilities | 8,473 | - | -89,339 |
| Accounts receivable | 64,609 | -12,463 | 59,970 |
| Prepaid expenses and other receivables | 77,273 | 39,562 | -143,418 |
| Accounts payable and accrued liabilities | -298,185 | 214,410 | 267,194 |
| Other liabilities | 115,633 | -43,397 | -379,699 |
| Net cash used in operating activities | -1,620,268 | -533,893 | -2,604,749 |
| Capital expenditures for unproved oil and gas properties | - | - | 881,085 |
| Cash paid for asset acquisition | 142 | 55,100 | - |
| Due to operators | -62,034 | 60,572 | -97,478 |
| Net cash provided by (used in) investing activities | -62,176 | 5,472 | -978,563 |
| Proceeds from issuance of convertible notes payable | - | - | 1,626,000 |
| Proceeds from issuance of common stock under at-the-market offering program | 23,098,244 | 382,519 | 3,460,894 |
| Repayment of notes payable from related parties | - | - | 198,471 |
| Repayment of promissory notes | - | - | 588,635 |
| Payments of debt issuance costs | - | - | 134,730 |
| Net cash provided by financing activities | 23,098,244 | 382,519 | 4,165,058 |
| Effect of foreign currency exchange | -2,267 | -51,607 | 14,471 |
| Net change in cash | 21,413,533 | -197,509 | 596,217 |
| Cash - beginning of period | 684,653 | 882,162 | 285,945 |
| Cash - end of period | 22,098,186 | 684,653 | 882,162 |
Trio Petroleum Corp (TPET)
Trio Petroleum Corp (TPET)