$KUBR

Kuber Resources Corp

CIK:0001081834|SEC Filings

Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Income Statement [Abstract]
Revenues, net	$ 775,247	$ 3,278,159	$ 10,270,540	$ 10,708,435
Cost of revenues	463,236	1,087,289	4,158,547	5,307,890
Gross profit	312,011	2,190,870	6,111,993	5,400,545
Operating expenses:
Selling and marketing expenses	5,922		15,995	28,702
General and administrative expenses	285,271	1,089,445	2,820,537	3,027,548
Total operating expenses	291,193	1,089,445	2,836,532	3,056,250
Income from operations	20,818	1,101,425	3,275,461	2,344,295
Other income (expenses):
Interest income	34		155	933
Interest expense	(6,152)	(983)	(23,002)	(39,224)
Loss from disposal of subsidiary		(416,896)		(416,896)
Total other expenses	(6,118)	(417,879)	(22,847)	(455,187)
Income before income tax	14,700	683,546	3,252,614	1,889,108
Income tax expense	4,979	146,815	155,513	395,426
Net income	$ 9,721	$ 536,731	$ 3,097,101	$ 1,493,682
Weighted average shares outstanding
Basic	157,556,723	157,556,723	157,556,723	157,556,723
Diluted	157,556,723	157,556,723	157,556,723	157,556,723
Earnings per share
Basic	$ 0.0001	$ 0.0034	$ 0.0197	$ 0.0095
Diluted	$ 0.0001	$ 0.0034	$ 0.0197	$ 0.0095
Comprehensive income (loss):
Net income	$ 9,721	$ 536,731	$ 3,097,101	$ 1,493,682
Other comprehensive income (loss):
Foreign currency translation income	167,949	656,345	573,612	345,304
Total comprehensive income	$ 177,670	$ 1,193,076	$ 3,670,713	$ 1,838,986

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024
Cash flows from operating activities
Net income	$ 3,097,101	$ 1,493,682
Adjustments to reconcile net income to net cash provided by (used in) operating activities
Depreciation and amortization expense	1,277,395	1,050,337
Amortization of operating lease ROU assets	30,625	70,901
Loss from disposal of subsidiary		416,896
Provision for doubtful accounts		(44,093)
Impairments and write-offs of assets		10,127
Changes in assets and liabilities
Decrease in accounts receivable	4,382,786	1,906,854
(Increase) decrease in inventories	(2,510,262)	801,413
Increase in advances to suppliers	(5,690,814)	(680,797)
(Increase) decrease in due from related parties	(273,612)	694,942
Decrease (increase) in other receivables and current assets	9,996	(66,845)
Increase (decrease) in customer advances	(53,119)	(68,934)
Decrease in accounts payable and accrued expenses	(826,971)	(2,188,823)
Increase (decrease) in other payables	430,500	(16,520)
Increase in taxes payable	55,612	638,445
Decrease in operating lease liabilities	(33,450)	(65,078)
Net cash provided by (used in) operating activities	(104,213)	3,952,507
Cash flows from financing activities
(Repayment to) proceeds from in short-term loan	(13,853)	41,752
Repayment to borrowings	(39,194)	(56,849)
Proceeds from (repayment to) in related party payables	40,298	(5,075,795)
Net cash used in financing activities	(12,749)	(5,090,892)
Net decrease of cash and cash equivalents	(116,962)	(1,138,385)
Effect of foreign currency translation on cash and cash equivalents	(195)	982,658
Cash and cash equivalents – beginning	155,861	300,997
Less: cash and cash equivalents of disposed subsidiary		41,425
Cash and cash equivalents – ending	38,654	103,845
Supplementary cash flow information:
Interest paid	23,002	39,217
Income taxes paid	57,958	396,383
Non-cash financing and investing activities:
Recognized ROU assets through lease liabilities		$ 36,845

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2025	Dec. 31, 2024
Current Assets
Cash and cash equivalents	$ 38,654	$ 155,861
Accounts receivable, net	5,576,098	9,666,978
Inventory, net	4,070,377	1,487,709
Advances to suppliers	5,770,306
Due from related parties	340,409	46,131
Other receivables and current assets	141,351	148,494
Total Current Assets	15,937,195	11,505,173
Non-Current Assets
Property, plant and equipment, net	14,021,000	14,625,714
Intangible assets, net	1,311,616	1,594,993
Other non-current assets	3,711	3,620
Operating lease right of use asset, net	41,777	69,191
Total Non-Current Assets	15,378,104	16,293,518
Total Assets	31,315,299	27,798,691
Current Liabilities
Accounts payable	4,157,513	4,875,600
Other payables and accrued expenses	452,512	17,089
Short-term loans	155,754	41,107
Due to related parties	691,689	618,814
Taxes payable	891,734	814,890
Advances from customers	149,433	91,899
Operating lease liabilities - current portion	47,052	48,374
Total Current Liabilities	6,545,687	6,507,773
Non-Current Liabilities
Operating lease liabilities - non-current	3,381	32,095
Long-term loans payable		163,305
Total Non-Current Liabilities	3,381	195,400
Total Liabilities	6,549,068	6,703,173
Commitments and Contingencies
Shareholders’ Equity
Common stock, par value $0.001 per share; 500,000,000 shares authorized; 157,556,723 shares issued and outstanding at September 30, 2025 and December 31, 2024	157,557	157,557
Additional paid-in capital	16,174,552	16,174,552
Statutory reserves	1,084,899	686,405
Accumulated income	7,830,499	5,131,892
Accumulated other comprehensive loss	(482,296)	(1,055,908)
Total Shareholders’ Equity	24,766,231	21,095,518
Total Liabilities and Shareholders’ Equity	31,315,299	27,798,691
Series A Preferred Stock [Member]
Shareholders’ Equity
Preferred stock,value	520	520
Series B Preferred Stock [Member]
Shareholders’ Equity
Preferred stock,value
Preferred Stock [Member]
Shareholders’ Equity
Preferred stock,value	$ 500	$ 500