Thu, May 15, 3:56 PM (37 days ago)
**Crona Corp. (CCCP) Q1 2025 Financial Summary** **Financial Health:** - **Revenue:** $0 for Q1 2025 and Q1 2024. - **Net Loss:** $(4,530) for Q1 2025, improved from $(17,838) in Q1 2024. - **Cash Flow:** Negative operating cash flow of $(27,581) for Q1 2025, primarily due to debt forgiveness and interest payable. - **Liabilities:** Total liabilities were $300,776 as of March 31, 2025, with a working capital deficit of $200,776. - **Going Concern:** Management expresses substantial doubt about the company's ability to continue as a going concern, dependent on additional financing. **Performance Metrics:** - **Operating Expenses:** $34,849 for Q1 2025, up from $12,134 in Q1 2024, due to increased professional fees and share-based compensation. - **Profit Margins:** Negative, with a net loss for both periods. - **Cash Flow:** Negative operating cash flow, offset by financing activities. **Trends and Uncertainties:** - **Revenue Generation:** No revenue generated in either period, indicating challenges in monetizing the core business of disinfection and anti-microbial protection. - **Operational Costs:** Increased operating expenses in Q1 2025, primarily due to professional fees and share-based compensation. - **Financing:** Reliant on related party financing to cover operating expenses and debt obligations. **Future Operations Impact:** - **Dependence on Financing:** The company's continuation as a going concern is dependent on securing additional equity or debt financing. - **Market Risks:** No significant market risks disclosed, but the company's financial condition indicates operational and liquidity risks. - **Management's Outlook:** Management anticipates continued losses and negative cash flows, with no assurance of successful implementation of the business plan. **Conclusion:** Crona Corp. faces significant financial challenges, with no revenue generation and increasing operating expenses. The company's ability to continue as a going concern is dependent on securing additional financing, and there is substantial doubt about its future viability. Portfolio managers and traders should closely monitor the company's efforts to secure financing and generate revenue.