Onar Holding Corp
For the period ended Dec 31, 2025. Filed Jun 11, 2026.
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FY2025 · Filed Jun 11, 2026
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Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| 2025 · 2024 | ||||
|---|---|---|---|---|
| (recast) | ||||
| Revenue (including $-0- and $81,955 of related party revenue, respectively, Note 5) | $3,179,519 | $1,953,491 | ||
| Cost of revenues | 3,031,807 | 2,023,282 | ||
| Gross profit (loss) | 147,712 | (69,791) | ||
| Operating expenses: | ||||
| General and administrative | 7,375,558 | 1,254,713 | ||
| Depreciation and amortization | 280,459 | 578,309 | ||
| Total operating expenses | 7,656,017 | 1,833,022 | ||
| Loss from operations | (7,508,305) | (1,902,813) | ||
| Other (income) expense: | ||||
| Interest expense | 1,557,476 | 436,861 | ||
| Transaction costs for merger | - | 461,115 | ||
| Other (income) expense | (77,793) | 21,337 | ||
| Change in fair value of investments | 489,345 | (178,381) | ||
| Loss on extinguishment of notes payable | 152,106 | 363,871 | ||
| Gain on sale of assets | (304,114) | - | ||
| Total other(income)expense | 1,817,020 | 1,104,803 | ||
| Provision for income tax | - | - | ||
| Loss from continuing operations | (9,325,325) | (3,007,616) | ||
| Discontinued operations: | ||||
| Loss from operations of Reliant Pools | (163,322) | (75,540) | ||
| Gain on deconsolidation of Reliant Pools | 211,750 | |||
| Income (loss) from discontinued operations | 48,428 | (75,540) | ||
| Net loss | $(9,276,897) | $(3,083,156) | ||
| Net loss per share - basic and diluted – continuing operations | $(0.08) | $(0.15) | ||
| Net loss per share - basic and diluted – discontinued operations | $ | - | $ | - |
| Net loss per share - basic and diluted | $(0.08) | $(0.15) | ||
| Weighted average common shares outstanding | 122,617,229 | 20,181,605 | ||
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