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Midas Edge

OLENOX INDUSTRIES INC.

For the period ended Dec 31, 2025. Filed Jun 30, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Jun 30, 2026

OLOX$0.68-0.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Changes in Stockholders’ Equity (Deficit)

Preferred Stock · Additional
Common Stock · Series A · Series B · Series C · Paid in · Treasury · Accumulated · Noncontrolling
Shares · Amount · Shares · Amount · Shares · Amount · Shares · Amount · Capital · Stock · Deficit · Interest · Total
Balance at December 31, 20231,377$14-$--$--$-$69,012,397$(92,396)$(75,930,805)$675,931$(6,334,859)
Stock-based compensation – RSU vesting8108------1,194,589---1,194,597
Issuance of stock and warrants for debt issuance23-------251,361---251,361
Cashless warrant exercise18------------
Issuance of stock upon inducement1481------494,212---494,213
Common stock deemed dividend--------475,713-(475,713)--
Common stock deemed dividend - inducement--------5,145,883-(5,145,883)--
SG DevCorp transactions--------1,803,980--1,290,9173,094,897
Deconsolidation of SG DevCorp-----------(1,966,848)(1,966,848)
Conversion of debt and interest2412------802,084---802,086
Issuance of stock under EPA21-------28,867---28,867
Issuance of stock for accounts payable settlement3323------1,259,678---1,259,681
Issuance of common stock for cash2032------3,590,384---3,590,386
Prefunded warrant exercise1,95220------105---125
Issuance of stock and warrants for inducement4,31043------2,104,825---2,104,868
Net loss----------(16,979,682)-(16,979,682)
Balance December 31, 20249,435$93-$--$--$-$86,164,078$(92,396)$(98,532,083)$-$(12,460,308)
Stock—based compensation1261------419,861---419,862
Issuance of stock in connection with acquisition21,5002154,000,0004,000,000----15,317,935---19,318,150
Forgiveness related party debt9,03190------1,275,327---1,275,417
Issuance of common stock in connection with debt issuance4595------332,044---332,049
Issuance of common stock, net of issuance costs3,91339------6,636,166---6,636,205
Issuance of Common stock for services4024------14,799---14,803
Issuance of Common stock – prefunded warrants27,975280------630---910
Conversion of notes payable and accrued interest46,793468------2,700,054---2,700,522
Settlement of convertible notes payable through common stock issuance51,563516------5,222,765---5,223,281
Settlement of accounts payable through common stock issuance20,000200------149,345---149,545
Preferred to common conversion3,12531(151,360)(151,360)----151,329----
Warrant to Preferred Stock Exchange----60,00060,000--(60,000)----
Issuance of preferred stock, net of issuance costs------4,5004,5002,795,000---2,799,500
Conversion of Series B Preferred Stock452,4694,525--(57,916)(57,916)--53,391----
Net loss----------(18,820,190)-(18,820,190)
Balance December 31, 2025646,791$6,4673,848,640$3,848,6402,084$2,0844,500$4,500$121,172,724$(92,396)$(117,352,273)-$7,589,746

The accompanying notes are an integral part of these consolidated financial statements.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.