$BBLR

Bubblr Inc.

CIK:0001873722|SEC Filings

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Revenue
Net sales	$ 33	$ 712	$ 469	$ 1,353
Cost of sales		100		100
Gross profit	33	612	469	1,253
Operating Expenses
General and administrative	(17,970)	147,028	118,888	312,050
Professional fees	40,249	13,567	62,154	30,347
Sales and marketing	1,875	71,460	6,225	85,798
Amortization and depreciation	64,167	55,394	128,628	109,348
Research and development	92,282	64,547	164,041	120,932
Total operating expense	180,603	351,996	479,936	658,475
Operating loss	(180,570)	(351,384)	(479,467)	(657,222)
Other income (expense)
Other income (expense)	(191)		105,300	3
Interest income			387
Interest expense	(411,734)	(4,017)	(446,680)	(4,017)
Loss on derivative issuance	(2,279)		(72,177)
Loss on extinguishment of debt	(60,542)		(60,542)
Gain (loss) on change in fair value of derivative liabilities	214,743	(16,358)	370,206	10,853
Foreign currency transaction (loss) gain	12	(445)	(12)	(377)
Total other income (expense)	(259,991)	(20,820)	(103,518)	6,462
Net loss before income tax	(440,561)	(372,204)	(582,985)	(650,760)
Provision for income tax
Net loss	(440,561)	(372,204)	(582,985)	(650,760)
Other comprehensive income (loss)
Foreign currency translation gain (loss)	1,262	(80,801)	19,853	(95,888)
Total other comprehensive income (loss)	1,262	(80,801)	19,853	(95,888)
Net comprehensive loss	$ (439,299)	$ (453,005)	$ (563,132)	$ (746,648)
Net loss per common share, basic	$ 0.00	$ 0.00	$ 0.00	$ 0.00
Net loss per common share, diluted	$ 0.00	$ 0.00	$ 0.00	$ 0.00
Weighted average number of common shares outstanding, basic	225,610,333	170,860,597	204,107,280	168,360,597
Weighted average number of common shares outstanding, diluted	225,610,333	170,860,597	204,107,280	168,360,597

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2026	Mar. 31, 2026	Jun. 30, 2025	Mar. 31, 2025	Jun. 30, 2026	Jun. 30, 2025	Dec. 31, 2025
Cash Flows from Operating Activities:
Net loss	$ (440,561)	$ (142,424)	$ (372,204)	$ (278,556)	$ (582,985)	$ (650,760)
Net loss to net cash used in operating activities:
Vesting of stock-based compensation					2,036	218,644
Forfeiture and expired stock-based compensation					(144,148)
Loss on derivative issuance					72,177
Accretion of derivative liability booked to interest					372,779
Non-cash conversion fee					10,500
Loss on extinguishment of debt	60,542				60,542
Gain in fair value of derivative liability					(370,206)	(10,853)
Amortization of intangible asset	64,167		55,394		128,628	109,348
Changes in operating assets and liabilities:
(Increase) decrease in other receivables					1,508	(714)
Decrease in prepayments					2,805
Increase in accounts payable					33,199	59,614
Increase in accrued liabilities					84,342	88,097
Increase in amounts due to related parties					123,904	114,005
Net cash used in operating activities					(204,919)	(72,619)
Cash flows from investing activities
Purchase of intangible assets					(6,439)	(157,132)
Net cash used in investing activities					(6,439)	(157,132)
Cash flows from financing activities
Proceeds from convertible notes					170,987	173,563
Proceeds of loans payable – related parties					59,561	59,137
Repayment of convertible notes					(22,151)
Repayment of loans payable - related parties					(4,727)
Net cash provided by financing activities					203,670	232,700
Effects of exchange rate changes on cash					701	(40,029)
Net Change in Cash					(6,987)	(37,080)
Cash - Beginning of Period		$ 7,322		$ 41,184	7,322	41,184	$ 41,184
Cash - End of Period	$ 335		$ 4,104		335	4,104	$ 7,322
Supplemental information:
Cash paid for interest					6,883
Non-cash investing and financing activities
Rescission of dividends declared						151,704
Issuance of common stock for conversion of debt					130,640
Reclassification of derivative liabilities to loan payable upon maturity					$ 197,365

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current Assets:
Cash	$ 335	$ 7,322
Other receivables	520	2,039
Prepayments	6,305	9,110
Total current assets	7,160	18,471
Non-current Assets:
Intangible assets, net	1,123,157	1,262,933
Total non-current assets	1,123,157	1,262,933
TOTAL ASSETS	1,130,317	1,281,404
Current Liabilities:
Accounts payable	398,995	368,444
Accrued liabilities	1,308,514	1,233,502
Due to related parties	1,007,599	836,382
Convertible notes	241,656
Convertible debt derivative liability	212,102	479,865
Matured loan notes payable	197,365
Total current liabilities	3,366,231	2,918,193
Non-current Liabilities:
Loan payable – related party, non-current portion	1,228,920	1,253,210
Warrant derivative liability		231
Total non-current liabilities	1,228,920	1,253,441
Total Liabilities	4,595,151	4,171,634
Stockholders’ Equity (Deficit)
Series C Convertible Preferred Stock, $0.001 par value, 2,000 authorized, 783 shares issued and outstanding	1	1
Common stock, $0.01 par value, 3,000,000,000 shares authorized; 250,331,008 and 177,588,785 shares issued and outstanding	2,503,310	1,775,888
Additional paid-in capital	12,439,222	13,178,116
Accumulated deficit	(18,714,187)	(18,131,202)
Accumulated other comprehensive income	306,820	286,967
Total Stockholders’ Equity (Deficit)	(3,464,834)	(2,890,230)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)	$ 1,130,317	$ 1,281,404