$CAHO

Caro Holdings Inc.

CIK:0001678105|SEC Filings

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)	3 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED)
Revenue	$ 990	$ 5,986
Less: Sales Return	(1,197)	0
Revenue, net	(207)	5,986
Operating Expenses
General and administration	2,653	6,487
Professional fees	43,540	7,213
Management consulting fees - related party	6,243	10,872
Amortization	9,214	9,214
Software and website development	99,890	400
Total operating expenses	161,540	34,186
Loss from operations	(161,747)	(28,200)
Other income (expense)
Interest expense	(23,304)	(34,463)
Interest income	1,189	1,037
Loss on settlement of accounts payable	(90,669)	0
Foreign exchange gain	(687)	25,316
Total other expense	(113,471)	(8,110)
Net loss before taxes	(275,218)	(36,310)
Provision for income taxes	0	0
Net loss	(275,218)	(36,310)
Other comprehensive income (loss)	1,162	(26,531)
Comprehensive Loss	$ (274,056)	$ (62,841)
Net Loss Per Common Share - Basic and Diluted	$ (0.01)	$ (0.00)
Weighted Average Common Shares Outstanding	40,797,622	37,175,808

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	3 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash Flows from Operating Activities:
Net loss	$ (275,218)	$ (36,310)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization	9,214	9,214
Loss on convertible notes	10,000	15,333
Loss on settlement of accounts payable	90,669	0
Changes in operating assets and liabilities:
Interest receivable	(1,188)	(1,037)
Other receivable	308	(3,394)
Prepaid expenses	1,250	0
Accounts payable and accrued liabilities	130,000	(13,647)
Accrued interest payable	13,304	19,130
Management salary payable	6,216	7,973
Net Cash Used in Operating Activities	(15,445)	(2,738)
Cash Flows from Investing Activities:
Advancement on promissory loan receivable	0	(2,400)
Net Cash Used in Investing Activities	0	(2,400)
Cash Flows from Financing Activities:
Proceeds from issuance of convertible notes	15,000	23,000
Net Cash Provided by Financing Activities	15,000	23,000
Effects on changes in foreign exchange rate	19	(27,388)
Net Changes in Cash	(426)	(9,524)
Cash, beginning of period	1,023	14,566
Cash, end of period	597	5,042
Supplemental Disclosure Information:
Cash paid for interest	0	0
Cash paid for taxes	0	0
Non-Cash Investing and Financing Activities:
Issuance of common stock for conversion of convertible note	828,899	0
Issuance of common stock for conversion of convertible note	$ 7,800,000	$ 0

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2026	Mar. 31, 2026
Current Assets
Cash	$ 597	$ 1,023
Prepaid expense	0	1,250
Accounts receivable and other receivable	19,129	19,512
Promissory note receivable	62,410	62,410
Convertible note receivable	6,680	6,680
Interest receivable	11,175	9,987
Advance for mineral property interests	7,800,000	0
Deferred business acquisition cost	161,895	161,895
Total Current Assets	8,061,886	262,757
Software, net	165,860	175,074
TOTAL ASSETS	8,227,746	437,831
Current Liabilities
Accounts payable and accrued liabilities	58,977	202,155
Accrued interest payable	107,625	167,720
Due to related parties	92,711	86,533
Promissory notes payable	28,900	28,900
Convertible notes payable	770,500	1,501,000
Total Current Liabilities	1,058,713	1,986,308
TOTAL LIABILITIES	1,058,713	1,986,308
Stockholders' Equity (Deficit)
Preferred stock: 75,000,000 authorized; $0.00001 par value. No shares issued and outstanding	0	0
Common stock: 75,000,000 authorized; $0.00001 par value. 60,652,429 shares and 37,175,808 shares issued and outstanding, respectively	607	372
Additional paid in capital	9,670,822	679,491
Accumulated deficit	(2,478,922)	(2,203,704)
Accumulated other comprehensive loss	(23,474)	(24,636)
Total Stockholders' Equity (Deficit)	7,169,033	(1,548,477)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$ 8,227,746	$ 437,831