The latest financial statement is for the year ending 2025-10-31.
| Cash Flow | 2025-10-31 |
|---|---|
| Net loss | -7,282,133 |
| Accretion expense | 2,778 |
| Amortization of debt discounts | 603,447 |
| Loss on abandonment of oil and gas properties | 611,763 |
| Issuance of common shares for services | 58,692 |
| Stock-based compensation | 2,629,110 |
| Loss on issuance of common shares in lieu of cash for debt payments | 711,312 |
| Loss on debt extinguishment | -89,339 |
| Accounts receivable | 59,970 |
| Prepaid expenses and other receivables | -143,418 |
| Other liabilities | -379,699 |
| Accounts payable and accrued liabilities | 267,194 |
| Net cash used in operating activities | -2,604,749 |
| Capital expenditures for unproved oil and gas properties | 881,085 |
| Due to operators | -97,478 |
| Net cash used in investing activities | -978,563 |
| Proceeds from issuance of convertible notes payable | 1,626,000 |
| Proceeds from issuance of common stock under at-the-market offering program | 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 | 4,165,058 |
| Effect of foreign currency exchange | 14,471 |
| Net change in cash | 596,217 |
| Cash and cash equivalents at beginning of period | 285,945 |
| Cash and cash equivalents at end of period | 882,162 |
Trio Petroleum Corp (TPET)
Trio Petroleum Corp (TPET)