OLENOX INDUSTRIES INC.
For the period ended Dec 31, 2025. Filed Jun 30, 2026.
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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$0.68-2.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| For the Years Ended December 31, | |||
|---|---|---|---|
| 2025 · 2024 | |||
| Revenue: | |||
| Revenues, net | $2,952,578 | $4,976,618 | |
| Cost of revenues | 7,243,081 | 5,220,695 | |
| Gross loss | (4,290,503) | (244,077) | |
| Operating expenses: | |||
| Payroll and related expenses | 2,775,864 | 4,474,176 | |
| General and administrative expenses | 6,617,372 | 3,065,632 | |
| Impairment loss | 0 | 1,566,806 | |
| Marketing and business development expense | 384,602 | 355,924 | |
| Total operating expenses | 9,777,838 | 9,462,538 | |
| Loss from operations | (14,068,341) | (9,706,615) | |
| Other income (expense): | |||
| Interest expense | (2,904,992) | (3,127,179) | |
| Loss on debt extinguishment | (4,648,282) | - | |
| Legal settlement | 2,000,000 | - | |
| Loss on disposition of equity-based investment | - | (320,408 | |
| Change in fair value of equity-based investment | - | (6,616,201) | |
| Change in fair value of derivatives | 2,538,248 | - | |
| Loss on initial recognition of derivatives | (4,275,231) | - | |
| Gain on settlement of derivatives | 2,253,638 | - | |
| Other income | 284,770 | 106,043 | |
| Total other expense | (4,751,849) | (9,957,745) | |
| Loss before income taxes | (18,820,190) | (19,664,360) | |
| Provision for income taxes | - | - | |
| Loss from continuing operations | (18,820,190) | (19,664,360) | |
| Income (loss) from discontinued operations | - | 2,684,678 | |
| Net loss | (18,820,190) | (16,979,682) | |
| Common stock deemed dividend reduction in conversion rate | - | (475,713 | |
| Common stock deemed dividend inducement | - | (5,145,883 | |
| Net loss attributable to common stockholders | $(18,820,190) | $(22,601,278) | |
| Net loss per share - basic and diluted: | |||
| Basic and diluted - loss from continuing operations | $(165.22) | $(7,541.29) | |
| Basic and diluted - discontinued operations | $ | - | $800.68 |
| Basic and diluted net loss per share | $(165.22) | $(6,740.61) | |
| Weighted average shares outstanding: | |||
| Basic and diluted | 113,908 | 3,353 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.