v3.26.1
Segmented Information (Tables)
 12 Months Ended
Dec. 31, 2025
Notes and other explanatory information [abstract]  
Schedule of Geographical Segment Information

During the years ended December 31, 2025, and 2024, the Company’s operations were in the resource industry in Turkey with head offices in Canada and a satellite office in Sofia, Bulgaria.

 

   Canada   Turkey   Bulgaria   Total 
Year ended December 31, 2025                    
Revenue  $-   $2,880,658   $-   $2,880,658 
Finance cost   (2,472,725)   (624,086)   -    (3,096,811)
Depletion   -    (139,550)   -    (139,550)
Depreciation   (8,206)   (56,583)   -    (64,789)
Accretion of asset retirement obligation   -    (269,386)   -    (269,386)
Stock-based compensation   (18,543)   -    -    (18,543)
Gain on debt settlement   577,725    -    -    577,725 
Loss on write-off of notes and other receivables   (101,303)   -    -    (101,303)
Loss on sale and revaluation of AHFS   -    (328,631)   -    (328,631)
Impairment of O&G assets   -    (54,498,394)   -    (54,498,394)
Gain on net monetary position   -    12,791,869    -    12,791,869 
Net loss   (3,627,177)   (45,592,713)   (1,011)   (49,220,901)
As at December 31, 2025                    
Current assets  $445,210   $764,000   $5,765   $1,214,975 
Non-current assets   17,125    1,870,843    -    1,887,968 
Current liabilities  $(16,997,003)  $(18,445,015)  $(146,338)  $(35,588,356)

 

 

TRILLION ENERGY INTERNATIONAL INC.

Notes to the Consolidated Financial Statements

For the years ended December 31, 2025 and 2024

(Expressed in U.S. dollars) 

 

20.

Segmented Information (continued)

 

   Canada   Turkey   Bulgaria   Total 
Year ended December 31, 2024                    
Revenue  $-   $7,000,836   $-   $7,000,836 
Finance cost   (2,536,892)   (23,756)   -    (2,560,648)
Depletion   -    (1,300,417)   -    (1,300,417)
Depreciation   (8,394)   (79,014)   -    (87,408)
Accretion of asset retirement obligation   -    (269,114)   -    (269,114)
Stock-based compensation   (1,058,222)   -    -    (1,058,222)
Impairment of O&G assets   -    (9,892,000)   -    (9,892,000)
Loss on debt extinguishment   (264,050)   -    -    (264,050)
Loss on sale and revaluation of AHFS   -    (132,737)   -    (132,737)
Gain on net monetary position   -    18,431,488    -    18,431,488 
Net loss   (7,480,808)   (1,647,834)   -    (9,128,642)
As at December 31, 2024                    
Non-current assets  $24,277   $52,226,749   $-   $52,251,026 

 

   Canada   Turkey   Bulgaria   Total 
Year ended December 31, 2023                    
Revenue  $-   $16,797,366   $-   $16,797,366 
Finance cost   (2,202,324)   (46,731)   -    (2,249,055)
Depletion   -    (5,119,174)   -    (5,119,174)
Depreciation   (8,497)   (167,267)   -    (175,764)
Accretion of asset retirement obligation   -    (219,536)   -    (219,536)
Stock-based compensation   (2,397,261)   -    -    (2,397,261)
Loss on debt extinguishment   (8,500)   -    -    (8,500)
Loss on impairment of assets held for sale   -    (1,556,787)   -    (1,556,787)
Gain on net monetary position   -    18,984,099    -    18,984,099 
Net income (loss)   (7,900,218)   7,861,094    (4,718)   (43,842)
As at December 31, 2023                    
Non-current assets  $35,021   $53,710,753   $-   $53,745,774 
Schedule of Net Revenue By Product Segment

The Company’s breakdown of net revenue by product segment is as follows:

 

   December 31, 2025   December 31, 2024   December 31, 2023 
   For the year ended 
   December 31, 2025   December 31, 2024   December 31, 2023 
Oil  $2,553,065   $3,323,925   $3,055,800 
Gas   327,593    3,676,911    13,741,566 
Oil and gas revenue, net  $2,880,658   $7,000,836   $16,797,366