Mitesco, Inc.
For the period ended Dec 31, 2025. Filed Apr 15, 2026.
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FY2025 · Filed Apr 15, 2026
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CONSOLIDATED STATEMENTS OF OPERATIONS
| For the Years Ended | ||
|---|---|---|
| December 31, | ||
| 2025 | 2024 | |
| Revenue | $38,700 | $43,700 |
| Operating expenses: | ||
| Cost of operations | 29,953 | 15,922 |
| General and administrative | 1,692,042 | 1,191,319 |
| Software development | 81,717 | - |
| Impairment of intangible assets | 113,021 | - |
| Total operating expenses | 1,916,733 | 1,207,241 |
| Net Operating Loss | (1,878,033) | (1,163,541) |
| Other income (expense): | ||
| Interest expense | (1,470,101) | (409,745) |
| Interest expense - related parties | (5,797) | (28,474) |
| Gain on termination of operating lease | - | 869,690 |
| Gain on settlement of notes payable | - | 515,964 |
| Loss on legal settlement | (500,000) | - |
| Gain on settlement of accounts liabilities | 562,793 | 2,289,283 |
| Loss on redemption of Series A preferred | (646,653) | - |
| Change in fair value of contingent considerations | 150,000 | - |
| Gain (loss) on revaluation of derivative liabilities | 4,286,515 | (4,585,124) |
| Total other income (expense) | 2,376,757 | (1,348,406) |
| Consolidated net income (loss) before taxes | 498,724 | (2,511,947) |
| Provision for income taxes | - | - |
| Consolidated net income (loss) after taxes | 498,724 | (2,511,947) |
| Preferred stock dividends | (68,923) | (893,828) |
| Preferred stock dividends - related parties | (388) | (139,901) |
| Deemed contribution | - | 703,420 |
| Net income (loss) available to common shareholders | $429,413 | $(2,842,256) |
| Basic Net income (loss) per common share | $0.04 | $(0.42) |
| Dilutive Net loss per common share | (0.14) | (0.42) |
| Weighted average shares outstanding - basic | 12,081,634 | 6,733,863 |
| Weighted average shares outstanding - diluted | 26,250,928 | 6,733,863 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.