$GNTOF

GENTOR RESOURCES INC.

CIK:0001346917|SEC Filings

CONSOLIDATED STATEMENTS OF (LOSS) INCOME AND COMPREHENSIVE (LOSS) INCOME - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Expenses
Professional fees	$ 27,921	$ 44,323	$ 50,952
Employee benefits	135,866	137,673	142,971
Shareholder's information	15,760	14,375	11,304
General and administrative expenses	13,065	12,996	13,502
Accretion expense	0	0	898
Allowance for doubtful accounts	0	15,282	0
Net operating loss	(192,612)	(224,649)	(219,627)
Interest income	4	7,196	2
Foreign exchange (loss)/ gain	(3,538)	12,808	(2,058)
Writeback / adjustment of accounts payable and accrued liabilities	10,485	0	288,274
Net (loss) income and comprehensive (loss) income	$ (185,661)	$ (204,645)	$ 66,591
Net (loss) income and comprehensive (loss) income per share - basic	$ (0)	$ (0.01)	$ 0
Net (loss) income and comprehensive (loss) income per share - diluted	$ (0)	$ (0.01)	$ 0
Weighted average number of shares - basic	38,906,742	38,906,742	38,906,742
Weighted average number of shares - diluted	38,906,742	38,906,742	38,906,742

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Operating activities:
Net (loss) income	$ (185,661)	$ (204,645)	$ 66,591
Adjustments required to reconcile net (loss) income with net cash flows from operating activities
Accretion expense on government loan	0	0	898
Writeback of accounts payable	(10,485)	0	(288,274)
Unrealized foreign exchange	0	0	8,358
Allowance for doubtful accounts	0	15,282	0
Changes in non-cash working capital balances
Due to related parties	284,944	170,683	88,665
Advances receivable	2,851	858	(3,709)
Accounts payable	(11,853)	(25,642)	(8,764)
Accrued liabilities	(80,332)	45,193	34,905
Cash (used) generated by operating activities	(536)	1,729	(101,330)
Financing activities
Due to related parties	0	0	118,230
Loan repayment	0	(26,874)	0
Cash flows from financing activities	0	(26,874)	118,230
Net cash (outflow) inflow	(536)	(25,145)	16,900
Cash, beginning of the year	1,558	26,703	9,803
Cash, end of the year	$ 1,022	$ 1,558	$ 26,703

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Current
Cash	$ 1,022	$ 1,558
Advances receivable	0	2,851
Total current assets	1,022	4,409
Total assets	1,022	4,409
Current
Accounts payable	59,232	81,570
Accrued liabilities	62,280	63,445
Due to related parties	1,271,090	1,065,313
Total current liabilities	1,392,602	1,210,328
Total liabilities	1,392,602	1,210,328
SHAREHOLDERS' DEFICIENCY
Authorized 500,000,000 Common Shares, $0.0008 per share par value Issued and outstanding 38,906,742 Common Shares (December 31, 2024 - 38,906,742)	31,125	31,125
Additional paid-in capital	43,325,272	43,325,272
Deficit accumulated during the exploration stage	(44,747,977)	(44,562,316)
Total shareholders' deficiency	(1,391,580)	(1,205,919)
Total liabilities and shareholders' deficiency	$ 1,022	$ 4,409