Complete Filing Data
Trio Petroleum Corp reported Stockholders Equity of $9.74 million for FY2023.
All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Trio Petroleum Corp did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.
Income Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue * | $398.7K | $213.2K | ||
| Net Income Loss | -$7.3M | -$9.6M | -$6.5M | -$3.8M |
| Operating Income Loss | -$5.3M | -$6.2M | -$4.6M | -$806.0K |
| Operating Expenses | $5.5M | $6.4M | $4.6M | $806.0K |
| Nonoperating Income Expense | -$2.0M | -$3.4M | -$1.9M | -$3.0M |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | -$7.3M | -$9.6M | -$6.5M | -$3.8M |
| General And Administrative Expense | $2.8M | $4.7M | $3.3M | $768.4K |
| Interest Expense | $1.7M | |||
| Interest Expense Nonoperating | $605.5K | $2.1M | $791.8K | |
| Cost Of Revenue | $175.7K |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue * | $122.2K | $192.4K | $23.3K | $10.8K | $63.1K | $72.9K | ||||||
| Net Income Loss | -$1.0M | -$1.4M | -$1.6M | -$1.6M | -$2.2M | -$4.0M | -$1.7M | -$2.2M | -$2.2M | -$818.3K | -$708.2K | -$2.0M |
| Operating Income Loss | -$804.4K | -$675.0K | -$869.0K | -$1.2M | -$1.5M | -$1.9M | -$1.5M | -$2.2M | -$1.0M | -$165.7K | -$222.9K | -$187.5K |
| Operating Expenses | $858.2K | $768.9K | $883.0K | $1.2M | $1.6M | $2.0M | $1.5M | $2.2M | $1.0M | $165.7K | $222.9K | $187.5K |
| Nonoperating Income Expense | -$208.2K | -$711.7K | -$694.8K | -$399.1K | -$668.4K | -$2.1M | -$251.5K | -$13.1K | -$1.2M | -$652.6K | -$485.3K | -$1.8M |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | -$1.0M | -$1.4M | -$1.6M | -$1.6M | -$2.2M | -$4.0M | -$1.7M | -$2.2M | -$2.2M | -$818.3K | -$708.2K | -$2.0M |
| General And Administrative Expense | $751.8K | $671.7K | $755.5K | $711.5K | $1.3M | $1.5M | $957.7K | $1.2M | $920.3K | $124.3K | $219.5K | $186.8K |
| Interest Expense | $982.7K | $159.3K | $94.4K | $652.6K | $485.3K | $478.9K | ||||||
| Interest Expense Nonoperating | $136.7K | $147.6K | $30.2K | $318.4K | $668.4K | $982.7K | $159.3K | |||||
| Cost Of Revenue | $68.4K | $98.5K | $9.3K |
Balance Sheet
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Stockholders Equity | $9.7M | $2.7M | $4.1M | ||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $1.6M | $73.6K | $78.9K | ||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | $596.2K | -$1.3M | $1.5M | -$5.2K | |
| Amortization Of Debt Discount Premium | $603.4K | $2.1M | $473.2K | $1.2M | |
| Stockholders Equity Note Subscriptions Receivable | $10.0K | $10.0K | $10.0K | ||
| Retained Earnings Accumulated Deficit | -$20.1M | -$10.4M | -$3.9M | ||
| Postemployment Benefits Liability Current | $2.8K | $2.8K | $2.8K | ||
| Liabilities Noncurrent | $51.1K | $48.3K | $55.0K | ||
| Liabilities Current | $2.6M | $1.9M | $6.7M | ||
| Liabilities And Stockholders Equity | $11.7M | $11.6M | $9.5M | ||
| Liabilities | $2.6M | $1.9M | $6.8M | ||
| Common Stock Value | $320.00 | $155.00 | $1.7K | ||
| Assets Current | $565.2K | $1.7M | $1.8M | ||
| Assets | $11.7M | $11.6M | $9.5M | ||
| Accounts Payable And Accrued Liabilities Current | $1.0M | $609.4K | $1.2M | ||
| Cash | |||||
| Issuance Of Warrants Equity Classified | $409.2K | $332.6K | $1.1M | ||
| Repayments Of Notes Payable | $198.5K | $1.5M | $2.9M | ||
| Stock And Warrants Issued During Period Value Preferred Stock And Warrants | $409.2K | $332.6K | |||
| Prepaid Expense And Other Assets Current | $128.9K | $279.3K | $133.4K | $35.0K | |
| Adjustments To Additional Paid In Capital Interest Imputed On Note Payable For Acquisition Of Unproved Oil And Gas Properties | $89.2K |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stockholders Equity | $12.2M | $11.3M | $11.4M | $11.4M | $11.7M | $9.0M | $8.1M | $9.7M | $9.0M | $10.3M | $9.8M | $2.3M | $3.4M | $4.1M | ||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $684.7K | $882.2K | $584.4K | $1.5M | $2.0M | $285.9K | $293.1K | $220.6K | $348.7K | $1.5M | $2.2M | $112.5K | $41.5K | $249.7K | ||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | -$197.5K | $1.7M | -$1.2M | $38.9K | ||||||||||||
| Amortization Of Debt Discount Premium | $135.7K | $316.1K | $159.3K | $483.8K | ||||||||||||
| Stockholders Equity Note Subscriptions Receivable | $10.0K | $10.0K | $10.0K | $10.0K | $10.0K | $10.0K | $10.0K | $10.0K | $10.0K | $10.0K | ||||||
| Retained Earnings Accumulated Deficit | -$28.4M | -$27.4M | -$24.6M | -$23.3M | -$21.7M | -$18.4M | -$16.2M | -$12.1M | -$9.1M | -$7.0M | ||||||
| Postemployment Benefits Liability Current | $15.0K | $2.8K | $2.8K | $2.8K | $2.8K | $2.8K | $2.8K | $2.8K | $2.8K | $2.8K | ||||||
| Liabilities Noncurrent | $167.7K | $53.9K | $53.2K | $52.5K | $51.8K | $50.4K | $49.7K | $369.0K | $51.4K | $51.2K | ||||||
| Liabilities Current | $1.8M | $1.9M | $1.6M | $2.3M | $1.5M | $3.6M | $2.0M | $1.9M | $822.7K | $1.2M | ||||||
| Liabilities And Stockholders Equity | $14.2M | $13.2M | $13.0M | $13.8M | $13.2M | $11.7M | $11.8M | $11.3M | $11.2M | $11.0M | ||||||
| Liabilities | $2.0M | $1.9M | $1.6M | $2.3M | $1.5M | $3.6M | $2.1M | $2.3M | $874.1K | $1.2M | ||||||
| Common Stock Value | $1.3K | $906.00 | $840.00 | $750.00 | $672.00 | $5.0K | $5.0K | $3.2K | $3.0K | $2.5K | ||||||
| Assets Current | $902.5K | $1.1M | $876.6K | $1.7M | $2.0M | $617.7K | $804.9K | $475.9K | $1.6M | $2.3M | ||||||
| Assets | $14.2M | $13.2M | $13.0M | $13.8M | $13.2M | $11.7M | $11.8M | $11.3M | $11.2M | $11.0M | ||||||
| Accounts Payable And Accrued Liabilities Current | $1.5M | $1.3M | $1.4M | $1.1M | $1.0M | $1.4M | $1.0M | $561.7K | $819.9K | $1.2M | ||||||
| Cash | $348.7K | $1.6M | $1.5M | $73.6K | ||||||||||||
| Issuance Of Warrants Equity Classified | $151.5K | $1.1M | ||||||||||||||
| Repayments Of Notes Payable | $194.3K | |||||||||||||||
| Stock And Warrants Issued During Period Value Preferred Stock And Warrants | $257.7K | $151.5K | ||||||||||||||
| Prepaid Expense And Other Assets Current | ||||||||||||||||
| Adjustments To Additional Paid In Capital Interest Imputed On Note Payable For Acquisition Of Unproved Oil And Gas Properties | $31.3K |
Cash Flow Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Share-Based Compensation * | $2.6M | $1.5M | $1.0M | $6.2K |
| Net Cash Provided By Used In Operating Activities | -$2.6M | -$3.8M | -$4.0M | -$502.1K |
| Net Cash Provided By Used In Financing Activities | $4.2M | $3.7M | $7.7M | $496.9K |
| Increase Decrease In Accounts Payable And Accrued Liabilities | $267.2K | $434.0K | $110.2K | $582.5K |
| Stock Issued During Period Value Share Based Compensation | $2.6M | $1.5M | $1.0M | |
| Proceeds From Issuance Initial Public Offering | $6.0M | |||
| Proceeds From Issuance Of Common Stock | $3.5M | $1.2M | $738.7K | $60.5K |
| Net Cash Provided By Used In Investing Activities | -$978.6K | -$1.1M | -$2.2M | |
| Payments Of Debt Issuance Costs | $134.7K | $259.9K | $350.3K | $575.4K |
| Payments To Explore And Develop Oil And Gas Properties | $881.1K | $1.2M | $362.0K | |
| Increase Decrease In Prepaid Expense | $123.4K | $13.8K | ||
| Payments Of Stock Issuance Costs | $1.0M | $888.2K | ||
| Proceeds From Convertible Debt | $1.6M | $550.0K | $2.0M | |
| Proceeds From Notes Payable | $250.7K | $4.8M | ||
| Payments To Acquire Machinery And Equipment | $3.7M | |||
| Increase Decrease In Prepaid Deferred Expense And Other Assets | -$143.4K | $145.9K | $123.4K | |
| Proceeds From Sale Of Productive Assets | $1.9M | |||
| Proceeds From Collection Of Longterm Loans To Related Parties | $81.5K | $21.7K |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Share-Based Compensation * | $84.9K | $96.8K | $115.7K | $490.3K | $238.3K | $504.9K | $407.6K | $786.0K | $70.2K | $40.8K |
| Net Cash Provided By Used In Operating Activities | -$533.9K | -$920.5K | -$774.4K | -$217.5K | ||||||
| Net Cash Provided By Used In Financing Activities | $382.5K | $2.8M | $84.0K | $256.3K | ||||||
| Increase Decrease In Accounts Payable And Accrued Liabilities | $214.4K | -$4.3K | -$47.7K | $75.7K | ||||||
| Stock Issued During Period Value Share Based Compensation | $115.7K | $490.3K | $238.3K | $504.9K | $407.6K | $786.0K | $40.8K | |||
| Proceeds From Issuance Initial Public Offering | $4.9M | |||||||||
| Proceeds From Issuance Of Common Stock | $382.5K | $3.5M | $372.0K | |||||||
| Net Cash Provided By Used In Investing Activities | $5.5K | -$160.8K | -$522.8K | |||||||
| Payments Of Debt Issuance Costs | $91.0K | |||||||||
| Payments To Explore And Develop Oil And Gas Properties | $78.2K | $912.5K | ||||||||
| Increase Decrease In Prepaid Expense | -$6.3K | $193.00 | ||||||||
| Payments Of Stock Issuance Costs | $115.7K | |||||||||
| Proceeds From Convertible Debt | $550.0K | |||||||||
| Proceeds From Notes Payable | ||||||||||
| Payments To Acquire Machinery And Equipment | ||||||||||
| Increase Decrease In Prepaid Deferred Expense And Other Assets | $39.6K | -$225.5K | -$6.3K | |||||||
| Proceeds From Sale Of Productive Assets | ||||||||||
| Proceeds From Collection Of Longterm Loans To Related Parties | $69.7K |
Per-Share & Share Counts
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Weighted Average Number Of Shares Outstanding Basic | 9.1M | 2.2M | 1.2M | 14.8M |
| Weighted Average Number Of Diluted Shares Outstanding | 9.1M | 2.2M | 1.2M | 14.8M |
| Earnings Per Share Diluted | $-0.80 | $-4.32 | $-5.67 | $-0.26 |
| Earnings Per Share Basic | $-0.80 | $-4.32 | $-5.67 | $-0.26 |
| Common Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | |
| Preferred Stock Shares Outstanding | 0.00 | 0.00 | 0.00 | |
| Preferred Stock Shares Issued | 0.00 | 0.00 | 0.00 | |
| Preferred Stock Shares Authorized | 10.0M | 500.0K | 10.0M | |
| Preferred Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | |
| Common Stock Shares Outstanding | 3.2M | 1.6M | 17.0M | |
| Common Stock Shares Issued | 3.2M | 1.6M | 17.0M | |
| Common Stock Shares Authorized | 150.0M | 24.5M | 490.0M | |
| Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued1 | 911.7K | 213.00 | 30.00 |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Weighted Average Number Of Shares Outstanding Basic | 10.5M | 8.0M | 7.1M | 5.0M | 2.5M | 2.0M | 1.6M | 26.6M | 18.5M | 17.2M | 15.6M | 15.6M | |
| Weighted Average Number Of Diluted Shares Outstanding | 10.5M | 8.0M | 7.1M | 5.0M | 2.5M | 2.0M | 1.6M | 26.6M | 18.5M | 17.2M | 15.6M | 15.6M | |
| Earnings Per Share Diluted | $-0.10 | $-0.17 | $-0.22 | $-0.33 | $-0.87 | $-1.98 | $-1.08 | $-0.08 | $-0.12 | $-0.05 | $-0.05 | $-0.13 | |
| Earnings Per Share Basic | $-0.10 | $-0.17 | $-0.22 | $-0.33 | $-0.87 | $-1.98 | $-1.08 | $-0.08 | $-0.12 | $-0.05 | $-0.05 | $-0.13 | |
| Common Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||
| Preferred Stock Shares Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| Preferred Stock Shares Issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| Preferred Stock Shares Authorized | 10.0M | 10.0M | 10.0M | 10.0M | 10.0M | 10.0M | 10.0M | 10.0M | 10.0M | 10.0M | |||
| Preferred Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||
| Common Stock Shares Outstanding | 12.8M | 9.0M | 8.4M | 7.5M | 6.7M | 50.3M | 50.3M | 32.4M | 29.6M | 24.8M | |||
| Common Stock Shares Issued | 12.8M | 9.0M | 8.4M | 7.5M | 6.7M | 50.3M | 50.3M | 32.4M | 29.6M | 24.8M | |||
| Common Stock Shares Authorized | 150.0M | 150.0M | 150.0M | 490.0M | 490.0M | 490.0M | 490.0M | 490.0M | 490.0M | 490.0M | |||
| Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued1 | 30.00 |
Other Metrics
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Accretion Expense | $2.8K | $2.8K | $2.8K | $2.8K |
| Exploration Expense | $177.4K | $251.7K | $28.7K | |
| Oil And Gas Property Full Cost Method Net | $11.1M | $9.9M | $5.8M | |
| Asset Retirement Obligations Noncurrent | $51.1K | $48.3K | $45.5K | |
| Additional Paid In Capital | $29.1M | $20.2M | $6.6M | |
| Stock Issued During Period Value New Issues | $372.0K | $60.0K | ||
| Loss On Note Conversion | $1.3M | $1.1M | ||
| Stock Issued During Period Value Other | $1.8M | |||
| Stock Issued During Period Value Issuance Of Commitment Shares Related To The SPA | 667.5K | 1.1M | ||
| Stock Issued During Period Value Issued For Services | $30.7K | $366.7K | ||
| Prepaid Expense Current | ||||
| Stock Issued During Period Value Conversion Of Units | $5.2M | |||
| Stock Issued During Period Value Issuance Of Common Shares In IPO Net Of Underwriting Discounts And Offering Costs | 3.3M | |||
| Advances To Affiliate | $1.9M | |||
| Adjustments To Additional Paid In Capital Warrant Issued | $4.0K | |||
| Due To Operators Current | $103.1K | $21.7K | ||
| Loss On Settlement | $13.1K | |||
| Taxes And Licenses | $3.9K | $9.5K |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Accretion Expense | $1.8K | $695.00 | $694.00 | $695.00 | $695.00 | $694.00 | $695.00 | $695.00 | $694.00 | $695.00 | $695.00 | $694.00 | ||||
| Exploration Expense | $11.2K | $24.7K | $8.1K | $40.2K | $84.6K | $199.6K | $25.4K | $2.6K | ||||||||
| Oil And Gas Property Full Cost Method Net | $13.2M | $12.1M | $12.2M | $12.0M | $11.2M | $11.1M | $11.0M | $10.9M | $9.0M | $7.3M | ||||||
| Asset Retirement Obligations Noncurrent | $167.7K | $53.9K | $53.2K | $52.5K | $51.8K | $50.4K | $49.7K | $49.0K | $47.6K | $46.9K | ||||||
| Additional Paid In Capital | $40.5M | $38.7M | $36.0M | $34.7M | $33.4M | $26.4M | $25.9M | $21.2M | $19.4M | $16.8M | ||||||
| Stock Issued During Period Value New Issues | $372.0K | |||||||||||||||
| Loss On Note Conversion | $80.7K | $92.2K | $1.1M | |||||||||||||
| Stock Issued During Period Value Other | $528.1K | $599.3K | $1.8M | |||||||||||||
| Stock Issued During Period Value Issuance Of Commitment Shares Related To The SPA | 667.5K | 1.1M | ||||||||||||||
| Stock Issued During Period Value Issued For Services | $95.2K | $80.2K | ||||||||||||||
| Prepaid Expense Current | $175.6K | $128.9K | $196.4K | $250.1K | $53.8K | $279.3K | $324.6K | $584.2K | $127.1K | $133.4K | $124.3K | $115.7K | $35.0K | |||
| Stock Issued During Period Value Conversion Of Units | $3.0M | $344.7K | ||||||||||||||
| Stock Issued During Period Value Issuance Of Common Shares In IPO Net Of Underwriting Discounts And Offering Costs | 3.3M | |||||||||||||||
| Advances To Affiliate | $495.0K | $1.4M | ||||||||||||||
| Adjustments To Additional Paid In Capital Warrant Issued | $4.0K | |||||||||||||||
| Due To Operators Current | $66.2K | $5.7K | $29.7K | $47.0K | $20.5K | $18.6K | ||||||||||
| Loss On Settlement | $1.1M | $92.2K | $13.1K | $1.1M | ||||||||||||
| Taxes And Licenses | $4.2K | $10.4K |
Most recent annual filing with the SEC: January 20, 2026
Data sourced from SEC EDGAR public filings as of August 6, 2026.