Onar Holding Corp
For the period ended Mar 31, 2025. Filed Jun 25, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed Jun 25, 2025
ONARStored price and day change unavailable
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
| 2025 | 2024 | |
|---|---|---|
| Revenue (including $-0- and $159,431 of related party revenue, respectively, Note 4) | $1,072,595 | $600,542 |
| Cost of revenues | 877,676 | 478,850 |
| Gross profit | 194,919 | 121,692 |
| Operating expenses: | ||
| General and administrative | 1,031,832 | 240,954 |
| Depreciation and amortization | 112,990 | 142,736 |
| Total operating expenses | 1,144,822 | 383,690 |
| Loss from operations | (949,903) | (261,998) |
| Other (income) expense: | ||
| Interest expense | 193,727 | 49,673 |
| Transaction costs for merger | - | 59,600 |
| Other (income) expense | (38,279) | 15,462 |
| Change in fair value of investments | 182,151 | - |
| Total other (income) expense | 337,599 | 124,735 |
| Provision for income tax | - | - |
| Net loss | $(1,287,502) | $(386,733) |
| Net loss per share - basic and diluted | $(0.01) | $(0.02) |
| Weighted average common shares outstanding | 114,294,168 | 16,785,000 |
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