Kuber Resources Corp. Files Q2 2025 10-Q

TL;DR

Kuber Resources Corp. 10-Q filed for Q2 2025. Financials for period ending 06/30/2025.

AI Summary

Kuber Resources Corp. filed its 10-Q for the period ending June 30, 2025. The filing covers the second quarter of 2025 and includes financial data for the six months ended June 30, 2025, and comparative periods. The company's fiscal year ends on December 31.

Why It Matters

This filing provides investors with an update on Kuber Resources Corp.'s financial performance and position for the second quarter of 2025, crucial for understanding the company's ongoing operations and potential.

Risk Assessment

Risk Level: low — This is a routine quarterly filing and does not contain immediate, high-impact news.

Key Numbers

• 2025 Q2 — Reporting Period (Covers the second quarter of 2025.)
• 2025-06-30 — Period End Date (The financial reporting period concluded on this date.)
• 2025-08-19 — Filing Date (The date the 10-Q was officially submitted to the SEC.)

Key Players & Entities

• Kuber Resources Corp. (company) — Filer of the 10-Q
• 20250630 (date) — End of reporting period
• 20250819 (date) — Filing date
• 1231 (date) — Fiscal year end

FAQ

Key Financial Figures

• $0.001 — The number of shares of common stock, $0.001 par value, issued and outstanding as of

Filing Documents

• kr81825010q.htm (10-Q) — 1222KB
• ex31_1.htm (EX-31.1) — 9KB
• ex31_2.htm (EX-31.2) — 9KB
• ex32_1.htm (EX-32.1) — 4KB
• ex32_2.htm (EX-32.2) — 4KB
• 0001214659-25-012442.txt ( ) — 7027KB
• kubr-20250630.xsd (EX-101.SCH) — 48KB
• kubr-20250630_cal.xml (EX-101.CAL) — 58KB
• kubr-20250630_def.xml (EX-101.DEF) — 211KB
• kubr-20250630_lab.xml (EX-101.LAB) — 287KB
• kubr-20250630_pre.xml (EX-101.PRE) — 309KB
• kr81825010q_htm.xml (XML) — 1446KB

FINANCIAL INFORMATION

PART I FINANCIAL INFORMATION: Item 1. Consolidated Financial Statements (Unaudited) 4 Consolidated Balance Sheets as of June 30, 2025 (Unaudited) and December 31, 2024 5 Consolidated Statements of Operations for the Three and Six months ended June 30, 2025 and 2024 (Unaudited) 6 Consolidated Statements of Changes in Stockholders' Deficit for the Six months ended June 30, 2025 and 2024 (Unaudited) 7 Consolidated Statements of Cash Flows for the Six months ended June 30, 2025 and 2024 (Unaudited) 8 Notes to the Unaudited Consolidated Financial Statements (Unaudited) 9 Item 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 27 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 30 Item 4.

Controls and Procedures

Controls and Procedures 31

OTHER INFORMATION

PART II OTHER INFORMATION: Item 1.

Legal Proceedings

Legal Proceedings 32 Item 1A.

Risk Factors

Risk Factors 32 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 32 Item 3. Defaults Upon Senior Securities 32 Item 4. Mine Safety Disclosures 32 Item 5. Other Information 32 Item 6. Exhibits 33

Signatures

Signatures 34 3 PART 1 – FINANCIAL INFORMATION

Financial Statements

Item 1. Financial Statements The accompanying interim consolidated financial statements of KUBER RESOURCES CORPORATION . ("the Company", "we", "us" or "our"), have been prepared without audit pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with United States generally accepted principles have been condensed or omitted pursuant to such rules and regulations. The interim consolidated financial statements should be read in conjunction with the company's latest annual financial statements. In the opinion of management, the consolidated financial statements contain all material adjustments, consisting only of normal adjustments considered necessary to present fairly the financial condition, results of operations, and cash flows of the Company for the interim periods presented. 4 Kuber Resources Corporation Condensed Consolidated Balance Sheets As of June 30, 2025 and December 31, 2024 Unaudited June 30, December 31, 2025 2024 Recast (a) ASSETS Current Assets Cash and cash equivalents $ 67,326 $ 155,861 Accounts receivable, net 8,045,521 9,666,978 Inventory, net 3,735,600 1,487,709 Advances to suppliers 5,942,769 - Due from related parties 24,353 46,131 Other receivables and current assets 142,088 148,494 Total Current Assets 17,957,657 11,505,173 Non-Current Assets Property, plant and equipment, net 14,239,536 14,625,714 Intangible assets, net 1,408,990 1,594,993 Other non-current assets 3,684 3,620 Operating lease right of use asset, net 50,409 69,191 Total Non-Current Assets 15,702,619 16,293,518 Total Assets 33,660,276 27,798,691 LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities Accounts payable 6,661,536 4,875,600 Other payables and accrued expenses 388,981 17,089 Short-term loans 27,886 41,107 Due to related parties 679,17

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2024 Unaudited Note 1 – Organization and Nature of Business Kuber Resources Corporation ("the Company" or "KUBR") was incorporated in the State of Nevada on January 29, 1998. Since inception, the Company has undergone several name changes, including Weston International Development Corporation in 1998, China World Trade Corporation in 2000, and Uonlive Corporation in 2008. In 2015, the Company ceased its original operations and fully impaired its assets. In 2018, Small Cap Compliance, LLC was appointed custodian of the Company, and revived the Company in 2019 with the appointment of Raymond Fu as its sole officer and director. In 2020, the Company acquired Asia Image Investment Limited via a reverse merger. In 2022, the Company acquired Kuber Resources (Hong Kong) Limited to expand beyond commodities trading. On December 8, 2022, the Company changed its name to its current name Kuber Resources Corporation and its ticker symbol from "UOLI" to "KUBR," effective December 12, 2022, without affecting shareholders' rights or requiring stock certificate exchanges. On September 18, 2023, the Company acquired all shares of Grayscale Investment (Asia) Limited ("Grayscale HK") from unrelated parties for two Hong Kong dollars (HKD 2.00) per share, along with its subsidiary. Consequently, Grayscale HK became a fully-owned subsidiary of the Company. Grayscale HK was established in Hong Kong on September 31, 2021, which has not commenced any operations since its inception. Grayscale Investment (ShenZhen) Limited ("Grayscale WOFE") was established on November 1, 2021, as a wholly foreign-owned entity in the People's Republic of China ("PRC"). Grayscale WOFE is wholly owned by Grayscale HK. On October 17, 2023, the Company through its wholly owned subsidiary, incorporated Kuber Resources (Guangdong) Co., Ltd. ("Kuber Guangdong") as a wholly owned subsidiary of Graysacle WOFE in Guangdong,

View Full Filing

View this 10-Q filing on SEC EDGAR