UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended ~~March~~June 3130, 2024

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ___________ to ___________

Commission File No. 333-216180

CRONA CORP.

(Exact name of registrant as specified in its charter)

Wyoming

7380

EIN 35-2574778

(State or Other Jurisdiction of

Incorporation or Organization)

(Primary Standard Industrial

Classification Number)

(IRS Employer

Identification Number)

422 Richards Street, Unit 170

Vancouver, BC V6B 2Z4

Tel: (888) 998-9449

(Address and telephone number of principal executive offices)

Securities registered under Section 12(b) of the Exchange Act:

Title of each class		Trading Symbol		Name of each exchange on which registered
Common stock		CCCP		OTC Pink

Securities registered under Section 12(g) of the Exchange Act:

None

Indicate by check mark whether the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐ No ☒

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☒

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for shorter period that the registrant as required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer	☐	Smaller reporting company	☒
Accelerated filer	☐	Emerging growth company	☐
Non-accelerated Filer	☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act) Yes ☐ No ☒

State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date: 6,087,500 common shares issued and outstanding as of ~~July~~October 163, 2024.

TABLE OF CONTENTS

PART I	FINANCIAL INFORMATION:	3
Item 1.	Financial Statements	3
	Balance Sheets as of March 31, 2024 (Unaudited) and December 31, 2023	4
	Balance Sheets as of June 30, 2024 (Unaudited) and December 31, 2023	4
	Statements of Operations for the three months ended March 31, 2024 and 2023 (Unaudited)	5
	Statements of Operations for the three and six months ended June 30, 2024, and 2023 (Unaudited)	5
	Statements of Stockholders’ Deficit for the three months ended March 31, 2024 and 2023 (Unaudited)	6
	Statements of Stockholders’ Deficit for the three and six months ended June 30, 2024, and 2023 (Unaudited)	6
	Statements of Cash Flows for the three months ended March 31, 2024 and 2023 (Unaudited)	7
	Statements of Cash Flows for the three and six months ended June 30, 2024, and 2023 (Unaudited)	7
	Notes to the Financial Statements	8
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	14
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	17
Item 4.	Controls and Procedures	18
PART II	OTHER INFORMATION:	19
Item 1.	Legal Proceedings	19
Item 1A.	Risk Factors	19
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	19
Item 3.	Defaults Upon Senior Securities	19
Item 4.	Submission of Matters to a Vote of Securities Holders	19
Item 5.	Other Information	19
Item 6.	Exhibits	20
	Signatures	21

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PART I – FINANCIAL INFORMATION

Item 1. Financial Statements

The accompanying interim financial statements of Crona Corp. (“the Company”, “we”, “us” or “our”), have been prepared without audit pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with United States generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations.

The interim financial statements should be read in conjunction with the Company’s latest annual financial statements.

In the opinion of management, the financial statements contain all material adjustments, consisting only of normal adjustments considered necessary to present fairly the financial condition, results of operations, and cash flows of the Company for the interim periods presented.

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CRONA CORP.
BALANCE SHEETS
	March 31,2024(Unaudited)			December 31,2023(Audited)
	June 30, 2024(Unaudited)			December 31, 2023(Audited)
ASSETS
Current Assets
Prepaid expenses	$	-		$	255
Total Current Assets		-			255
Long-term Assets
Intangible asset, net		4337,~~761~~510			50,013
Property, plant and equipment, net		1716,~~430~~310			18,550
Total Long-term Assets		6153,~~191~~820			68,563
Total Assets	$	6153,~~191~~820		$	68,818
LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY
LIABILITIES AND STOCKHOLDERS’ (DEFICIT)
Liabilities
Current Liabilities
Accounts payable	$	58,~~188~~231		$	2,544
Accrued expenses		2,000			2,000
Interest payable		2632,~~962~~655			21,258
Related party advances		415,503			4,503
Convertible notes payable, net of discount		132,500			130,637
Total Current Liabilities		~~171~~190,~~153~~889			160,942
Promissory note, related party		100,000			100,000
Total Long Term Liabilities		100,000			100,000
Total Long-Term Liabilities		100,000			100,000
Total Liabilities		~~271~~290,~~153~~889			260,942
Commitments and contingencies (Note 6)
Stockholders’ (Deficit) Equity
Stockholders’ (Deficit)
Preferred stock, par value $0.00001 10,000,000 shares authorized, 5,000,000 shares issued and outstanding as of March 31, 2024, and December 31, 2023		50			50
Preferred stock, par value $0.00001 10,000,000 shares authorized, 5,000,000 shares issued and outstanding as of June 30, 2024 and December 31, 2023		50			50
Common stock, par value $0.001; 1,000,000,000 shares authorized, 6,587,500 shares and 6,587,500 shares issued and outstanding as of March 31, 2024, and December 31, 2023, respectively		6,588			6,588
Common stock, par value $0.001; 1,000,000,000 shares authorized, 6,587,500 shares and 6,587,500 shares issued and outstanding as of June 30, 2024 and December 31, 2023 respectively		6,588			6,588
Additional paid in capital		31,853			31,853
Accumulated other comprehensive loss		(188	)		(188	)
Accumulated deficit		(~~248~~275,~~265~~372	)		(230,427	)
Total Stockholders’ (Deficit) Equity		(209,962	)		(192,124	)
Total Stockholders’ (Deficit)		(237,069	)		(192,124	)
Total Liabilities and Stockholders’ (Deficit) Equity	$	61,191		$	68,818
Total Liabilities and Stockholders’ (Deficit)	$	53,820		$	68,818
See accompanying notes to unaudited financial statements.

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CRONA CORP.
STATEMENTS OF OPERATIONS(Unaudited)
	For the threemonths ended			For the threemonths ended
	For the three months ended			For the three months ended			For the six months ended			For the six months ended
	March 31,			March 31,
	June 30,			June 30,			June 30,			June 30,
	2024			2023			2024			2023
REVENUES	$	-		$	-		$	-		$	-
OPERATING EXPENSES
Amortization on convertible promissory note		~~1,863~~-			24,~~329~~238			1,863			6,567
Depreciation and amortization expense		7,~~372~~371			7,950			14,743			15,898
General and administrative expenses		12,~~899~~043			37,~~230~~503			3,942			10,734
Professional fees		112,000			9215,~~818~~534			13,000			108,352
TOTAL OPERATING EXPENSES		1221,~~134~~414			~~106~~35,~~327~~225			33,548			141,551
OTHER INCOME (EXPENSE)
Interest expenses		(5,~~704~~693	)		(3,~~912~~979	)		(11,397	)		(7,891	)
TOTAL OTHER INCOME (EXPENSE)		(5,~~704~~693	)		(3,~~912~~979	)		(11,397	)		(7,891	)
NET GAIN / (LOSS) FROM OPERATIONS		(1727,~~838~~107	)		(~~110~~39,~~239~~204	)		(44,945	)		(149,442	)
PROVISION FOR INCOME TAXES		-			-			-			-
NET GAIN/ (LOSS)	$	(1727,~~838~~107	)	$	(~~110~~39,~~239~~204	)	$	(44,945	)	$	(149,442	)
OTHER COMPREHENSIVE LOSS
Foreign Currency Translation Adjustment					(37160	)					(197	)
COMPREHENSIVE GAIN/ (LOSS)		(1727,~~838~~107	)		(~~110~~39,~~276~~364	)		(44,945	)		(149,639	)
NET LOSS PER SHARE: BASIC AND DILUTED	$	(0.00	)	$	(0.0201	)	$	(0.01	)	$	(0.02	)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED		6,176,541			6,087,500			6,176,541			6,087,500
See accompanying notes to unaudited financial statements.

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CRONA CORP.
STATEMENTS OF STOCKHOLDERS’ (DEFICIT) EQUITY
STATEMENTS OF STOCKHOLDERS’ (DEFICIT)
For the three months ended March 31, 2023, and 2024
For the three and six months ended June 30, 2023 and 2024(Unaudited)
	Preferred Series A				Common Stock				~~AdditionalPaid~~Additional Paid-in		Accumulated			Other Comprehensive			Total Stockholders’(Deficit)
	Shares		Amount		Shares		Amount		Capital		Deficit			Loss			Equity
Balance, December 31, 2022		-	$	-		6,087,500	$	6,088	$	31,403	$	(36,801	)	$	-		$	690
Foreign currency translation adjustment															(37	)		(37	)
Net loss for the period ended		-		-		-		-		-		(110,239	)		-			(110,239	)
Net loss		-		-		-		-		-		(110,239	)		-			(110,239	)
Balance, March 31, 2023		-	$	-		6,087,500	$	6,088	$	31,403	$	(147,040	)	$	(37	)	$	(109,586	)
Balance, December 31, 2023		5,000,000		50		6,587,500		6,588		31,853		(230,427	)		(188	)		(192,124	)
Balance, March 31, 2023		-	$	-		6,087,500	$	6,088	$	31,403	$	(147,040	)	$	(37	)	$	(109,586	)
Net loss for the period ended		-		-		-		-		-		(17,838	)		-			(17,838	)
Shares issued for services		5,000,000		50						450								500
Foreign currency translation adjustment															(160	)		(160	)
Net loss												(39,204	)					(39,204	)
Balance, June 30, 2023		5,000,000	$	50		6,087,500	$	6,088		31,853		(186,244	)		(197	)		(148,450	)
Balance, December 31, 2023		5,000,000	$	50		6,587,500	$	6,588		31,853		(230,427	)		(188	)		(192,124	)
Net loss		-		-		-		-		-		(17,838	)		-			(17,838	)
Balance, March 31, 2024		5,000,000	$	50		6,587,500	$	6,588	$	31,853	$	(248,265	)	$	(188	)	$	(209,962	)
See accompanying notes to unaudited financial statements.
Balance, March 31, 2024		5,000,000	$	50		6,587,500	$	6,588	$	31,853	$	(248,265	)	$	(188	)	$	(209,962	)
Net loss		-		-		-		-		-		(27,107	)		-			(27,107	)
Balance, June 30, 2024		5,000,000	$	50		6,587,500	$	6,588	$	31,853	$	(275,372	)	$	(188	)	$	(237,069	)
See accompanying notes to unaudited financial statements.

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CRONA CORP.
STATEMENTS OF CASH FLOWS (Unaudited)
	For the threemonths endedMarch 31,2024			For the threemonths endedMarch 31,2023
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(17,838	)	$	(110,239	)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Amortization expenses		6,252			6,252
Depreciation expenses		1,120			1,698
Amortization of discount on promissory note		1,863			2,329
Changes in operating assets and liabilities:
Prepaid expenses		255			(5	)
Interest payable on convertible promissory note		5,704			3,912
Accounts payable		2,644			1,872
Accrued expenses		-			(500	)
NET CASH USED IN OPERATING ACTIVITIES		-			(94,681	)
CASH FLOWS FROM INVESTING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES
Convertible promissory note issued		-			116,000
Advances from related party		-			4,807
NET CASH FROM FINANCING ACTIVITIES		-			120,807
NET INCREASE (DECREASE) IN CASH		-			26,126
Effects of currency translation on cash		-			(37	)
Cash, beginning of period		-			-
Cash, end of period	$	-		$	26,089
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid	$	-		$	-
Income taxes paid	$	-		$	-
NON-CASH FINANCING AND INVESTING ACTIVITIES:
See accompanying notes to unaudited financial statements.

CRONA CORP.

STATEMENTS OF CASH FLOWS

(Unaudited)

	For the six months ended June 30, 2024			For the six months ended June 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(44,945	)	$	(149,442	)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Amortization expenses		12,503			12,503
Depreciation expenses		2,240			3,395
Amortization of discount on promissory note		1,863			6,567
Share based compensation		-			500
Changes in operating assets and liabilities:
Prepaid expenses		255			743
Interest payable on convertible promissory note		11,397			7,891
Accounts payable		5,687			481
Accrued expenses		-			(1,500	)
NET CASH USED IN OPERATING ACTIVITIES		(11,000	)		(118,862	)
CASH FLOWS FROM INVESTING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES
Convertible promissory note issued		-			116,000
Advances from related party		11,000			5,779
Repayment to related party		-			(2,381	)
NET CASH FROM FINANCING ACTIVITIES		11,000			119,398
NET INCREASE (DECREASE) IN CASH		-			536
Effects of currency translation on cash		-			(197	)
Cash, beginning of period		-			-
Cash, end of period	$	-		$	339
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid	$	-		$	-
Income taxes paid	$	-		$	-
NON-CASH FINANCING AND INVESTING ACTIVITIES:

See accompanying notes to unaudited financial statements.

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Crona Corp.

NOTES TO THE FINANCIAL STATEMENTS

~~March~~June 3130, 2024

Note 1 – ORGANIZATION AND NATURE OF BUSINESS

Crona Corp. (“the Company”) was incorporated in the State of Nevada on October 6, 2016. On February 3, 2023 the Company filed Articles of Continuance with the Secretary of State in the State of Wyoming pursuant to which the Company re-domiciled from the State of Nevada to the State of Wyoming. Effective ~~December~~June 2922, ~~2022~~2023, the Company’s new address is ~~422~~304 ~~Richards~~South ~~Street,~~Jones ~~Unit~~Blvd. ~~170 Vancouver~~#7356, BCLas ~~V6B~~Vegas, ~~2Z4~~Nevada 89107. ~~The~~We ~~core~~are ~~business~~in of the ~~Company~~memorialization isindustry, ~~the~~serving ~~elimination~~our ofcustomers ~~germs~~in cemetery and ~~microbes~~funeral ~~through~~industries. ~~disinfection~~We ~~and~~provide ~~anti~~a range of high-~~microbial~~quality ~~protection.~~memorial products including funeral caskets

Note 2 – GOING CONCERN

The accompanying financial statements have been prepared in conformity with generally accepted accounting principles (“GAAP”), which contemplate the continuation of the Company as a going concern. The Company generated no revenues through ~~March~~June 3130, 2024. The Company currently has accumulated losses of $~~248~~275,~~265~~ 372 as of ~~March~~June 3130, 2024, and has not completed its efforts to establish a stabilized source of revenue sufficient to cover operating costs over an extended period of time. Therefore, there is substantial doubt about the Company’s ability to continue as a going concern. Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses. The Company intends to position itself so that it will be able to raise additional funds through the capital markets. In light of management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern.

Note 3 – SUMMARY OF SIGNIFCANT ACCOUNTING POLICIES

Basis of presentation

The accompanying financial statements have been prepared in accordance with GAAP. The Company’s year-end is December 31.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Cash and Cash Equivalents

The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents.

Income Taxes

Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.

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Revenue Recognition

The Company recognizes revenue in accordance with Accounting Standards Codification (“ASC”) 606, “Revenue from Contracts with Customers”. The core principle of ASC 606 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. An entity recognizes revenue in accordance with that core principle by applying the following steps: Step 1: Identify the contract(s) with a customer. Step 2: Identify the performance obligations in the contract. Step 3: Determine the transaction price. Step 4: Allocate the transaction price to the performance obligations in the contract. Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation. An entity must also disclose sufficient information to enable users of financial statements to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers, including qualitative and quantitative information about contracts with customers, significant judgments and changes in judgments, and assets recognized from the costs to obtain or fulfill a contract.

Basic Income (Loss) Per Share

The Company computes income (loss) per share in accordance with ASC 260 “Earnings per share”. Basic income (loss) per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive income (loss) per share excludes all potential common shares if their effect is anti-dilutive. As of ~~March~~June 3130, 2024, there were no potentially dilutive debt or equity instruments issued or outstanding.

Property and Equipment

Property and equipment are carried at cost. Expenditures for maintenance and repairs are charged against operations. Renewals and betterment that materially extend the life of the assets are capitalized. When assets are retired or otherwise disposed of, the cost and related accumulated depreciation are removed from the accounts, and any resulting gain or loss is reflected in income for the period. Depreciation is computed for financial statement purposes on a straight-line basis over the following estimated useful lives of the related assets.

	Useful life
	Minimum	Maximum
Equipment	10 Months	15 Years

Intangible assets

Intangible assets consist of contracts acquired in an asset purchase agreement (see Note 4). The estimated useful life of these assets was determined to be 3 years. The Company periodically evaluates the reasonableness of the useful lives of these assets. Once these assets are fully amortized, they are removed from the accounts. These assets are reviewed for impairment or obsolescence when events or changes in circumstances indicate that the carrying amount may not be recoverable. If impaired, intangible assets are written down to fair value based on discounted cash flows or other valuation techniques. The Company has no intangibles with indefinite lives.

Impairment of Long-Lived Assets

The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not be fully recoverable. To determine recoverability of a long-lived asset, management evaluates whether the estimated future undiscounted net cash flows from the asset are less than its carrying amount. If impairment is indicated, the long-lived asset would be written down to fair value. Fair value is determined by an evaluation of available price information at which assets could be bought or sold, including quoted market prices, if available, or the present value of the estimated future cash flows based on reasonable and supportable assumptions.

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Leases

The Company accounts for leases in accordance with Accounting Standards Update (“ASU”) No. 2016-02, “Leases”. Under this guidance, lessees (including lessees under leases classified as finance leases, which are to be classified based on criteria similar to that applicable to capital leases under current guidance, and leases classified as operating leases) will recognize a right-to-use asset and a lease liability on the balance sheet, initially measured as the present value of lease payments under the lease. The guidance permits companies to make an accounting policy election not to apply the recognition provisions of the guidance to short term leases (leases with a lease term of 12 months or less that do not include an option to purchase the underlying asset that the lessee is reasonably certain to exercise). If this election is made, lease payments under short term leases will be recognized on a straight-line basis over the lease term. The Company has elected not to apply the standard to short-term leases.

Recent Accounting Pronouncements

There have been no recent accounting pronouncements or changes in accounting pronouncements during the ~~three~~six months ended ~~March~~June 3130, 2024, that are of significance or potential significance to the Company.

Note 4 – ASSET AQUISITION

On December 29, 2022, the Company entered into an Asset Purchase Agreement with Zeroblast Services Ltd. (Seller), a related party, to acquire all business assets of the Seller, which included equipment and intangible assets. Seller will also convey any and all contracts that it has with its current customers, written, oral or otherwise (the intangible assets). Consideration for the asset acquisition is a cash payment of 100,000 ($24,980 for the equipment and $75,020 for the intangible asset). The payment shall be in the form of a Promissory Note due on or before December 29, 2024. This note bears interest at 7% per annum, however if the note is fully repaid within twelve (12) months interest is waived. At any time during the first twelve (12) months the note can be reopened for either an extension or renegotiation of the terms of the note.

Promissory Note

	As of March 31, 2024
	As of June 30, 2024
	Face value		Accrued Interest
Promissory Note	$	100,000	$	810,~~798~~538
Total	$	100,000	$	810,~~798~~538

	As of December 31, 2023
	Face value		Accrued Interest
Promissory Note	$	100,000	$	7,058
Total	$	100,000	$	7,058

Accrued Interest as of ~~March~~June 3130, 2024, is $810,~~798~~538 and December 31, 2023, is $7,058. Promissory note payable is $100,000 and $100,000 as of ~~March~~June 3130, 2024, and December 31, 2023.~~Total interest expenses of $1,740 and $0 for the three months ended March 31, 2024, and 2023.~~

Total interest expenses of $ 3,481 and $0 for the six months ended June 30, 2024, and 2023.

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Note 5 – PROPERTY PLANT & EQUIPMENT

The Company’s Property plant and equipment as of ~~March~~June 3130, 2024, and December 31, 2023, are as follows

	March 31,2024			December 31,2023
	June 30, 2024			December 31, 2023
Property, plant and equipment, gross	$	24,980		$	24,980
Less: Depreciation		(78,~~550~~670	)		(6,430	)
Property, plant and equipment, net		1716,~~430~~310			18,550

Total depreciation expenses for the for the ~~three~~six months ended ~~March~~June 3130, 2024, and 2023, were $12,~~120~~240 and $1 3,~~698~~395, respectively.

Note 6 – INTANGIBLE ASSETS

The Company’s intangible assets as of ~~March~~June 3130, 2024, and December 31, 2023, are as follows:

	March 31,2024			December 31,2023
	June 30, 2024			December 31, 2023
Intangible assets, gross	$	75,020		$	75,020
Less: Amortization		(3137,~~259~~510	)		(25,007	)
Intangible assets, net	$	4337,~~761~~510		$	50,013

Total amortization expenses for the ~~three~~six months ended ~~March~~June 3130, 2024, and 2023, were $612,~~252~~503 and $612,~~252~~503 respectively.

Note 7 – CONVERTIBLE PROMISSORY NOTE

On February 09, 2023, the Company issued a convertible promissory note (the “February 2023 Note”) at a face value of $133,000 to a third party at an interest rate of 12% per annum. Net proceeds received against the promissory note are $116,000 with a discount of $17,000. Maturity date of the note is 12 months from the date of issue with a conversion price of $0.10.

	As of March 31, 2024
	As of June 30, 2024
	Face value		Discount ~~onPromissory~~on Promissory Note		Net payable		Accrued Interest
Convertible Promissory Note	$	132,500	$	0	$	132,500	$	1822,~~164~~117
Total	$	132,500	$	0	$	132,500	$	1822,~~164~~117

	As of December 31, 2023
	Face value		Discount ~~onPromissory~~on Promissory Note			Net payable		Accrued Interest
Convertible Promissory Note	$	133,000	$	(1,863	)	$	130,637	$	14,200
Less: Common Stock Issued	$	500
Total	$	132,500	$	(1,863	)	$	130,637	$	14,200

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On October 27, 2023, 500,000 shares of common stock were issued at a rate of $0.001 to settle the promissory note value of $500.

Accrued Interest as of ~~March~~June 3130, 2024, is $1822,~~164~~117 and December 31, 2023, is $ 14,200. The promissory note payable is $ 132,500 and $130,637 as of ~~March~~June 3130, 2024, and December 31, 2023.

Total interest expenses of $37,~~964~~917 and $37,~~912~~891 for the ~~three~~six months ended ~~March~~June 3130, 2024, and 2023.

Note 8 – RELATED PARTY TRANSACTIONS

On December 29, 2022, the Company entered into a promissory Note with a related party, Zeroblast Services Ltd. (Seller). The Promissory Note is entered into as an exchange for all business assets of the Seller at $100,000. The sum of $100,000 is due on or before December 29, 2024. This note bears interest at 7% per annum. As of ~~March~~June 3130, 2024, and December 31, 2023, interest payable totaled $810,~~798~~ 538 and $7,058, respectively.

During the year 2022, president & CEO Chris Brown advanced to the Company $221 towards working capital. These advances are unsecured, non-interest bearing and due on demand.

During the three months ended March 31, 2023, president & CEO Chris Brown advanced to the Company $4,937 towards working capital. These advances are unsecured, non-interest bearing and due on demand.

During the three months ended March 31, 2023, the company, repaid $829 towards the loan of president & CEO Chris Brown.

During the three months ended March 31, 2023, director Lucille Zdunich, advanced to the Company $700 towards working capital. These advances are unsecured, non-interest bearing and due on demand.

On June 07, 2023, the ~~company~~Company issued, 5,000,000 preferred stock class B at par value of $0.0001, to the director, Lucille Zdunich as fully paid and non-assessable for service provided.

During the three months ended June 30, 2023, president & CEO Chris Brown advanced to the Company $972 towards working capital. The ~~company,~~Company repaid $2,381 towards the loan of president & CEO Chris Brown.

During the three months ended June 30, 2023, the company, repaid $~~2381~~2,381 towards the loan of president & CEO Chris Brown.

During the three months ended September 30, 2023, the company, repaid $303 towards the loan of president & CEO Chris Brown.

During the three months ended September 30, 2023, director Lucille Zdunich, advanced to the Company $333 towards working capital. These advances are unsecured, non-interest bearing and due on demand.

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During the three months ended December 31, 2023, director Lucille Zdunich, advanced to the Company $853 towards working capital. These advances are unsecured, non-interest bearing and due on demand.

AsDuring ofthe ~~March~~three 31months ended June 30, 2024, ~~and~~director ~~December~~Lucille 31Zdunich, ~~2023~~advanced to the Company $11,000 ~~due~~towards toworking ~~related~~capital. ~~party~~These isadvances $4are unsecured,~~503~~ non-interest bearing and ~~$4,503~~due ~~respectively~~on demand.

As of June 30, 2024, and December 31, 2023, due to related parties is $15,503 and $4,503 respectively.

Note 9 – STOCKHOLDERS’ EQUITY

Common Shares

The Company has 1,000,000,000, $0.001 par value shares of common stock authorized.

As of December 31, 2023, the company’s common shares issued and outstanding is 5,000,000.

12During ~~Table~~the three months ended June 30, 2017, the company issued a total of ~~Contents~~1,087,500 common shares for cash proceeds of $1080.

During the three months ended June 30, 2017, the company issued a total of 1,087,500 common shares for cash proceeds of $1,080.

During the three months ended December 31, 2023, the company issued a total of 500,000 common shares for settlement of debt of $500.

As of ~~March~~June 3130, 2024, and December 31, 2023, the company’s common shares issued and outstanding are 6,587,500 and 6,587,500 respectively.

Preferred Shares

The company has 10,000,000, $0.00001 par value of preferred stock authorized.

On June 07, 2023, the company issued 5,000,000 preferred stock class B at a par value of $0.0001, to the director, Lucille Zdunich as fully paid and non-assessable for service provided.

As of ~~March~~June 3130, 2024, and December 31, 2023, the company’s preferred shares issued and outstanding are 5,000,000 and 5,000,000 respectively.

Note 10 – COMMITMENTS AND CONTINGENCIES

From time-to-time, the Company is subject to various litigation and other claims in the normal course of business. The Company establishes liabilities in connection with legal actions that management deems to be probable and estimable. No amounts have been accrued in the financial statements with respect to any matters.

Note 11 – SUBSEQUENT EVENTS

In accordance with ASC 855-10, the Company has analyzed its operations subsequent to ~~March~~June 3130, 2024, through the date when financial statements were issued, and has determined that it does not have material subsequent events to disclosure in these financial statements.

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ITEM 2. MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Forward looking statement notice

Statements made in this Form 10-Q that are not historical or current facts are “forward-looking statements” made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 (the “Act”) and Section 21E of the Securities Exchange Act of 1934. These statements often can be identified by the use of terms such as “may,” “will,” “expect,” “believe,” “anticipate,” “estimate,” “approximate” or “continue,” or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such forward- looking statements, which speak only as of the date made. Any forward-looking statements represent management’s best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.

Financial information contained in this quarterly report and in our unaudited interim financial statements is stated in United States dollars and are prepared in accordance with United States generally accepted accounting principles.

DESCRIPTION OF BUSINESS

Brief description of Crona Corp.

The Company was incorporated on October 6, 2016 under the laws of the State of Nevada.

On December 29, 2022, Andrei Gurduiala, former President of Crona Corp. (the “Company”) closed a Share Purchase Agreement (the “Agreement”) that he entered with Chris Brown to sell all his 5,000,000 common shares of the Company to Chris Brown for cash consideration of $500,000.

On December 29, 2022, a change in control of the Company occurred pursuant to the Agreement. Mr. Brown now has voting control over 82.1% of the Company’s issued and outstanding common stock.

On December 29, 2022, the Company received the resignation of Andrei Gurduiala as the Company’s President, Chief Executive Officer, Treasurer, Chief Financial Officer, Secretary and Director. Also on December 29, 2022, the Company appointed Chris Brown as its President, Chief Executive Officer, Treasurer, Chief Financial Officer and Secretary.

Effective December 29, 2022, the Company’s new address is 422 Richards Street, Unit 170 Vancouver, BC V6B 2Z4.

On February 3, 2023, the Company filed Articles of Continuance with the Secretary of State for the state of Wyoming. Accordingly, the Company transferred its state of formation from Nevada to Wyoming and became a Wyoming entity. In conjunction with this change of domicile, the Company increased the number of common shares that it is authorized to issue to 1,000,000,000 shares, par value $0.00001 per share.

On February 7, 2023, the Company filed a Certificate of Dissolution with the Secretary of State for the State of Nevada, effectively dissolving the Company’s existence in Nevada. The effective date for the Nevada dissolution is March 17, 2023.

On February 7, 2023, the Company increased the number of directors on its Board of Directors from 1 to 3. On February 7, 2023, the Company appointed Lucille Zdunich and Robert Brown as Directors of the Company.

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General description of our activity

On June 22, 2023, the Company appointed Demetrios Malamas as its President, Chief Executive Officer, Treasurer, Chief Financial Officer and Secretary. As a result of the management change, the Company is moving out of the antimicrobial surface protection services business and into the memorialization industry, serving our customers in cemetery and funeral industries.

We have not generated revenue to date and intend to generate revenue from our products sales to customers. Our mission is to ensure families are supported during the most difficult time of their lives. We aim to help families move forward from grief to remembrance. We are proud to provide products and solutions to meet the needs of every family.

We provide a variety of funeral products including funeral caskets. Funeral caskets come in a wide array of models and are made of several different materials. Metal funeral caskets come in Copper, Stainless Steel, 18 Gauge metal and 20-gauge metal. They come with a variety of popular interiors including velvet, crepe and satin among other fabrics. As for the wooden caskets, they also come in a variety of woods including, but not limited to; Pine, Mahogany, Oak, Cherry, Pecan, Maple, Poplar and Cedar. All of these caskets come with a variety of finishes, a variety of handles (swing bars or stationery, a variety of decorative corners, repositioning beds).

Our customers for caskets are funeral homes, funeral suppliers, and casket distributors in the US market. By importing from China, the Company is following a well-worn outsourcing playbook that’s upended markets for American-made goods from electronics to bedroom furniture. Our relationship with several factories in China allows us to have priority manufacturing. In addition, our relationship with shippers allows us to have priority shipping at some of the best rates available. We will import 40-foot containers holding 64 caskets apiece and sells them to funeral homes and regional distributors for a fraction of the price. We will be attending industry Trade Shows at the National as well as the State level to increase company visibility and market presence and work to increase market share as well as to stay in contact with our Funeral Home families and customers. In addition, our marketing will include advertising in Funeral industry magazines and journals.

RESEARCH AND DEVELOPMENT EXPENDITURES

We have not incurred any research expenditures since our incorporation.

BANKRUPTCY OR SIMILAR PROCEEDINGS

There has been no bankruptcy, receivership or similar proceeding.

COMPLIANCE WITH GOVERNMENT REGULATION

We will be required to comply with all regulations, rules and directives of governmental authorities and agencies applicable to the services provided in any facility in any jurisdiction which we would conduct activities.

FACILITIES

Our previously leased office is located at ~~Jean-Louis~~422 ~~Calderon~~Richards 31Street, ~~Bucharest~~Unit 170, ~~030167~~Vancouver, ~~Romania~~BC V6B 2Z4. Our current office, effective as of ~~December~~June 2922, ~~2022~~2023, is ~~422~~304 ~~Richards~~South ~~Street,~~Jones ~~Unit~~Blvd. ~~170~~#7356, ~~Vancouver~~Las Vegas, BCNevada ~~V6B 2Z4~~89107. Our telephone number is (888) 998-~~9449~~1888.

EMPLOYEES AND EMPLOYMENT AGREEMENTS

We have no employees as of the date of this prospectus. Our sole officer and director, Chris Brown currently devotes approximately 20 hours per week to company matters. After receiving funding, Chris Brown plans to devote as much time to the operation of the Company as he determines is necessary for him to manage the affairs of the Company. As our business and operations increase, we will assess the need for full time management and administrative support personnel.

LEGAL PROCEEDINGS

There are no pending legal proceedings to which the Company is a party or in which any director, officer or affiliate of the Company, any owner of record or beneficially of more than 5% of any class of voting securities of the Company, or security holder is a party adverse to the Company or has a material interest adverse to the Company.

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MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

This section includes a number of forward-looking statements that reflect our current views regarding the future events and financial performance of Crona Corp.

We qualify as an “emerging growth company” under the JOBS Act. As a result, we are permitted to, and intend to, rely on exemptions from certain disclosure requirements. For so long as we are an emerging growth company, we will not be required to:

Have an auditor report on our internal controls over financial reporting pursuant to Section 404(b) of the Sarbanes-Oxley Act;

Comply with any requirement that may be adopted by the Public Company Accounting Oversight Board regarding mandatory audit firm rotation or a supplement to the auditor’s report providing additional information about the audit and the financial statements (i.e., an auditor discussion and analysis) unless the SEC determines that the application of such additional requirements is necessary or appropriate in the public interest, after considering protection of investors, and whether the action will promote efficiency, competition and capital formation; Submit certain executive compensation on matters to shareholder advisory votes, such as “say-on-pay” and “say-on-frequency;”

Disclose certain executive compensation related items such as the correlation between executive compensation and performance and comparisons of the CEO’s compensation to median employee compensation.

In addition, Section 107 of the JOBS Act also provides that an emerging growth company can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards. In other words, an emerging growth company can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. We have elected to take advantage of the benefits of this extended transition period. Our financial statements may therefore not be comparable to those of companies that comply with such new or revised accounting standards.

RESULTS OF OPERATION

Results of Operations for the three and six months ended ~~March~~June 3130, 2024, and 2023:

Revenue for three and six months ended ~~March~~June 3130, 2024, and 2023

For the three and six months ended ~~March~~June 3130, 2024, and 2023, Crona Corp. had not generated any revenue.

Operating expenses for the three and six months ended ~~March~~June 3130, 2024, and 2023

Total operating expenses for the three months ended ~~March~~June 3130, 2024, were $1221,~~134~~414. The operating expenses for the three months ended ~~March~~June 3130, 2024, ~~includes~~include ~~amortization on convertible promissory note $1,863,~~ depreciation and amortization ~~expense~~expenses of $7,~~372~~371, general and administrative expenses of $12,~~899~~043, and professional fees of $112,000.

Total operating expenses for the three months ended ~~March~~June 3130, 2023, were $~~106~~35,~~327~~225. The operating expenses for the three months ended ~~March~~June 3130, 2023, includes amortization on convertible promissory note $24,~~329~~238, depreciation and amortization expense of $7,950, general and administrative expenses of $37,~~230~~503, and professional fees of $9215,~~818~~534.

~~Net~~Total ~~Loss~~operating expenses for the six months ended June 30,2024, were $33,548. The operating expenses for the six months ended June 30, 2024, include amortization on convertible promissory note $1,863, depreciation and amortization expenses of $14,743, general and administrative expenses of $3,942, and professional fees of $13,000.

Total operating expenses for the six months ended June 30,2023, were $141,551. The ~~net~~operating ~~loss~~expenses for the ~~three~~six months ended ~~March~~June 3130, ~~2024~~2023, includes amortization on convertible promissory note $6,567, depreciation and ~~2023~~amortization ~~was~~expenses of $1715,~~838~~898, general and administrative expenses of $~~110~~10,~~239~~734, ~~respectively~~and professional fees of $108.352.

The net loss decreased for the three months ended March 31, 2024, compared to the three months ended March 31, 2023, because there were decreased consulting services, amortization and depreciation expenses when compared to the three months ended March 31, 2023.

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Net Loss

The net loss for the six months ended June 30, 2024, and 2023 was $44,945 and $149,442 respectively.

The net loss decreased for the six months ended June 30, 2024, when compared to the six months ended June 30, 2023, because there were decreased professional fees, amortization and depreciation expenses.

Liquidity and Capital Resources

As of ~~March~~June 3130, 2024, our total assets were $6153,~~191~~820.

As of ~~March~~June 3130, 2024, our total liabilities were $~~271~~290,~~153~~889.

As of ~~March~~June 3130, 2024, we had a working capital deficit of $~~171~~190,~~153~~889.

CASH FLOWS FROM OPERATING ACTIVITIES

We have not generated positive cash flows from operating activities. For the ~~three~~six months ended ~~March~~June 3130, 2024, net cash used in operating activities was $0(11,000), which consisted of a net loss of $44,17945,~~838,~~ depreciation and amortization expense of $714,~~372~~743, amortization of discount on promissory note of $1,863, interest payable of $511,~~704~~397, prepaid of $255, ~~and~~ accounts payable of $2,~~644~~5,687.

CASH FLOWS FROM INVESTING ACTIVITIES

For the ~~three~~six months ended ~~March~~June 3130, 2024, we generated $0 in investing activities.

CASH FLOWS FROM FINANCING ACTIVITIES

For the ~~three~~six months ended ~~March~~June 3130, 2024, wenet ~~generated~~cash $0flow inprovided by financing activities was $11,000 which is included the related party advances of $11,000.

OFF-BALANCE SHEET ARRANGEMENTS

We have no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

None

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ITEM 4. CONTROLS AND PROCEDURES

Our management is responsible for establishing and maintaining a system of disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) that is designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Commission’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer’s management, including its principal executive officer or officers and principal financial officer or officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

An evaluation was conducted under ~~the~~ supervision and with the participation of our management of the effectiveness of the design and operation of our disclosure controls and procedures as of June ~~March 31~~30, 2024. Based on that evaluation, our management concluded that our disclosure controls and procedures were not effective as of such date to ensure that information required to be disclosed in the reports that we file or submit under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms.

Changes in Internal Controls over Financial Reporting

There was no change in the Company’s internal control over financial reporting during the quarterly period covered by this report that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting.

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PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

We are not involved in any pending legal ~~proceeding~~proceedings nor are we aware of any pending or threatened litigation against us.

ITEM 1A. RISK FACTORS

None.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

None

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITIES HOLDERS

None

ITEM 5. OTHER INFORMATION

None

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ITEM 6. EXHIBITS

The following exhibits are included as part of this report by reference:

31.1	~~Certification of Chief Executive and Chief Financial Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a).~~	Certification of Chief Executive and Chief Financial Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a).
32.1	~~Certifications pursuant to Securities Exchange Act of 1934 Rule 13a-14(b) or 15d-14(b) and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002.~~	Certifications pursuant to Securities Exchange Act of 1934 Rule 13a-14(b) or 15d-14(b) and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002.
101.INS	~~Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document)~~	Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document)
101.SCH	~~Inline XBRL Taxonomy Extension Schema Document~~	Inline XBRL Taxonomy Extension Schema Document
101.CAL	~~Inline XBRL Taxonomy Extension Calculation Linkbase Document~~	Inline XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF	Inline XBRL Taxonomy Extension Definition Linkbase Document
		.
101.LAB	Inline XBRL Taxonomy Extension Labels Linkbase Document
101.DEF		Inline XBRL Taxonomy Extension Definition Linkbase Document
101.PRE	Inline XBRL Taxonomy Extension Presentation Linkbase Document
101.LAB		Inline XBRL Taxonomy Extension Labels Linkbase Document
104	Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)
101.PRE		Inline XBRL Taxonomy Extension Presentation Linkbase Document
104		Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

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SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	CRONA CORP.
Dated: July 16, 2024	By:	/s/ Demetrios Malamas
Dated: October 3, 2024	By:	/s/ Demetrios Malamas
		Demetrios Malamas, President and Chief Executive Officer and Chief Financial Officer

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