OPERATING EXPENSES

6 Months Ended

Jun. 30, 2026

Other Income and Expenses [Abstract]

OPERATING EXPENSES

NOTE 9. OPERATING EXPENSES

Operating expenses consisted of the following for the periods presented:

	For the Three Months Ended				For the Six Months Ended
	30-Jun-26		30-Jun-25		30-Jun-26		30-Jun-25
Operating expenses
Professional fees		77,705		20,264		155,370		72,104
General and administrative		771,740		824,867		1,471,439		2,635,307
Depreciation and Amortization		50,365		34,516		97,781		74,744
Total operating expenses		899,810		879,647		1,724,590		2,782,155

A breakdown of General and Administrative expenses for the three and six months ended June 30, 2026 and 2025 is presented below:

General and Administrative Expenses	30-June-26		30-June-25		30-June-26		30-June-25
	For the Three Months Ended				For the Six Months Ended
Salary & Compensation – QIND
Salary		10,800		191,227		32,950		371,227
Bonus		-		-		-		1,020,000
Salary & Compensation – ASG
Salary and other allowances		281,007		227,280		543,906		476,822
Compensation and Benefits – Managing Directors		118,856		127,764		237,711		245,309
Rent		71,443		36,650		130,838		68,999
Office Expenses		3,685		1,662		6,187		6,510
IT support		3,093		4,428		9,783		7,936
Other expenses**		282,856		235,256		510,064		438,504
Total		771,740		824,867		1,471,439		2,635,307

* Other expenses are primarily expenses in Al Shola Gas for items such as Legal, Visa, Business Promotion, Fuel Expenses, Commission Against Business Activities and Rebate Expenses and other operating expenses.