crwe_10q.htm

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 31, 2026

☐	TRANSITION REPORT UNDER SECTION 13 OF 15(d) OF THE EXCHANGE ACT OF 1934

For the transition period from ___________ to ____________

Commission File Number 000-29935

CROWN EQUITY HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

Nevada

33-0677140

(State or other jurisdiction of

incorporation or organization)

(IRS Employer

Identification No.)

11226 Pentland Downs Street, Las Vegas, NV 89141

(Address of principal executive offices)

(702) 683-8946

(Issuer’s telephone number)

Indicate by check mark whether the Company (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the Company was 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, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer", "accelerated filer", "smaller reporting company", and "emerging growth company" in Rule 12b-2of the Exchange Act.

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

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 13(a) of the Exchange Act. ☐

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

As of May 11, 2026, the number of shares outstanding of the registrant’s class of common stock was 15,936,480.

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		Page
PART I: FINANCIAL INFORMATION

Item 1.	Financial Statements (Unaudited)

	Balance Sheets as of March 31, 2026 (Unaudited) and December 31, 2025 (Audited)	4
	Statements of Operations for the Three Months Ended March 31, 2026 and 2025 (Unaudited)	5
	Statements of Changes in Stockholders’ Deficit for the Three Months Ended March 31, 2026 and 2025 (Unaudited)	6
	Statements of Cash Flows for the Three Months Ended March 31, 2026 and 2025 (Unaudited)	7
	Notes to Financial Statements (Unaudited)	8

Item 2.	Management’s Discussion and Analysis and Plan of Operation	17

Item 3.	Quantitative and Qualitative Disclosures About Market Risk	18

Item 4T.	Controls and Procedures	18

PART II: OTHER INFORMATION

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.	Mine Safety Information	19

Item 5.	Other Information	19

Item 6.	Exhibits	19

Signatures		20

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PART I. FINANCIAL INFORMATION

DEFINITIONS

In this Quarterly Report on Form 10-Q, the words “Crown Equity”, the “Company”, the “Registrant”, “we”, “our”, “ours” and “us” refer to Crown Equity Holdings, Inc.

DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS

This Quarterly Report on Form 10-Q includes certain statements that may be deemed “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, all of which are based upon various estimates and assumptions that the Company believes to be reasonable as of the date hereof. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “could,” “should,” “expect,” “plan,” “project,” “intend,” “anticipate,” “believe,” “seek,” “estimate,” “predict,” “potential,” “pursue,” “target,” “continue,” the negative of such terms or other comparable terminology. These statements involve risks and uncertainties that could cause the Company’s actual future outcomes to differ materially from those set forth in such statements. Such risks and uncertainties include, but are not limited to:

	·	the possibility that certain tax benefits of our net operating losses may be restricted or reduced in a change in ownership or a further change in the federal tax rate;

	·	the inability to carry out plans and strategies as expected

	·	limitations on the availability of sufficient credit or cash flow to fund our working capital needs and capital expenditures and debt service;

	·	difficulty in fulfilling the terms of our convertible note payables, which could result in a default and acceleration of our indebtedness under our convertible note payables;

	·	the possibility that we issue additional shares of common stock or convertible securities that will dilute the percentage ownership interest of existing stockholders and may dilute the book value per share of our common stock;

	·	the relatively low trading volume of our common stock, which could depress our stock price;

	·	competition in the industries in which we operate, both from third parties and former employees, which could result in the loss of one or more customers or lead to lower margins on new projects;

	·	a general reduction in the demand for our services;

	·	our ability to enter into, and the terms of, future contracts;

	·	uncertainties inherent in estimating future operating results, including revenues, operating income or cash flow;

	·	complications associated with the incorporation of new accounting, control, and operating procedures;

	·	the recognition of tax benefits related to uncertain tax positions;

You should understand that the foregoing, as well as other risk factors discussed in this document and in Part I, of our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, could cause future outcomes to differ materially from those experienced previously or those expressed in such forward-looking statements. We undertake no obligation to publicly update or revise any information, including information concerning our controlling shareholder, net operating losses, borrowing availability or cash position, or any forward-looking statements to reflect events or circumstances that may arise after the date of this report. Forward-looking statements are provided in this Quarterly Report on Form 10-Q pursuant to the safe harbor established under the Private Securities Litigation Reform Act of 1995 and should be evaluated in the context of the estimates, assumptions, uncertainties, and risks described herein.

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CROWN EQUITY HOLDINGS, INC.

BALANCE SHEETS

	March 31, 2026			December, 31, 2025
	Unaudited			audited
Current assets
Cash and cash equivalents	$	2,241		$	2,272
Prepaid expenses		1,875			3,750
Other current assets		2,550			2,550
Total Current Assets		6,666			8,572
Property and Equipment, net		-			-
Total Assets	$	6,666		$	8,572

Liabilities and Stockholders’ Deficit
Current liabilities
Accounts payable and accrued expenses	$	102,485		$	87,180
Accounts payable and accrued expenses to related party		63,893			65,742
Notes payable to related parties		199,943			169,712
Total Liabilities		366,321			322,634

Stockholders' deficit
Series A Convertible Preferred Stock, 0.001 par value, 1,000 shares authorized, 1,000 issued and outstanding at March 31, 2026 and December 31, 2025		1			1
Common Stock, 450,000,000 authorized at $0.001 par value; and 15,936,480 and 15,936,480 shares issued and outstanding at March 31, 2026 and December 31, 2025		15,937			15,937
Additional paid-in capital		18,441,552			18,441,552
Accumulated deficit		(18,817,145	)		(18,771,552	)
Total stockholders' deficit		(359,655	)		(314,062	)
Total liabilities and stockholders' deficit	$	6,666		$	8,572

The accompanying notes are an integral part of these unaudited financial statements.

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CROWN EQUITY HOLDINGS, INC.

STATEMENTS OF OPERATIONS

	For the Three Months
	March 31,
	2026			2025

Revenue
Revenue	$	-		$	135
Total Revenue		-			135

Operating expenses
General and Administrative		39,703			17,091
Total Operating Expenses		39,703			17,091

Net Operating Income (Loss)		(39,703	)		(16,956	)

Other (expense)
Interest expense		(5,890	)		(4,859	)
Gain (Loss) on AP Conversion		-			(19,579	)
Gain on Debt Forgiveness		-			38,175
Other expense		-			(40	)
Total other income (expense)		(5,890	)		13,697

Net (loss)	$	(45,593	)	$	(3,259	)

Net (loss) per common share – basic and diluted	$	0.00		$	0.00
Weighted average number of common shares outstanding - basic and diluted		15,936,480			18,846,524

The accompanying notes are an integral part of these unaudited financial statements.

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CROWN EQUITY HOLDINGS, INC.

STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT

FOR THE THREE MONTHS ENDED MARCH 31, 2026 AND 2025

For the Three Months Ended March 31, 2026

	Preferred Stock				Common Stock				Additional Paid-In		Accumulated			Total Stockholders'
	Shares		Amount		Shares		Amount		Capital		Deficit			(Deficit)
Balances at December 31, 2025		1,000	$	1		15,936,480	$	15,937	$	18,441,552	$	(18,771,552	)	$	(314,062	)
Net loss		-		-		-		-		-		(45,593	)		(45,593	)
Balances at March 31, 2026		1,000	$	1		15,936,480	$	15,937	$	18,441,552	$	(18,817,145	)	$	(359,655	)

For the Three Months Ended March 31, 2025

	Preferred Stock				Common Stock				Additional Paid-in-		Accumulated			Total Stockholders'
	Shares		Amount		Shares		Amount		Capital		Deficit			Equity
Balances at December 31, 2024		1,000	$	1		15,840,384	$	15,841	$	18,320,599	$	(18,658,088	)	$	(321,647	)
Conversion to Common Stock of Note Payable and Accrued Interest						8,596		9		7,238					7,247
Common Stock issued for Accounts Payable settlement						55,250		55		44,200					44,255
Net loss		-		-		-		-		-		(3,259	)		(3,259	)
Balances at March 31, 2025		1,000	$	1		15,904,230	$	15,905	$	18,372,037	$	(18,661,347	)	$	(273,404	)

The accompanying notes are an integral part of these unaudited financial statements.

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CROWN EQUITY HOLDINGS, INC.

STATEMENTS OF CASH FLOWS

	For the Three Months Ended
	March 31,
	2026			2025

Cash flows from operating activities
Net (loss)	$	(45,593	)	$	(3,259	)
Depreciation		-			-
Loss on AP Conversion		-			19,579
(Gain) Loss on Debt Conversion		-			(38,175	)
Changes in operating assets and liabilities
Prepaid expenses		1,875			-
Accounts payable and accrued expenses		13,456			9,542
Net cash (used in) operating activities		(30,262	)		(12,313	)

Cash flows from investing activities
Net cash provided by investing activities		-			-

Cash flows from financing activities
Borrowings from notes payable, related party		30,231			9,989
Net cash provided by financing activities		30,231			9,989

Net increase (decrease) in cash		(31	)		(2,324	)

Cash, beginning of period		2,272			3,858

Cash, end of period	$	2,241		$	1,534

SUPPLEMENTAL DISCLOSURE:
Interest paid	$	-		$	-
Income taxes paid	$	-		$	-

NONCASH INVESTING AND FINANCING ACTIVITIES
AP Converted into common stock	$	-		$	44,255
RP Note Payable and Interest Converted into common stock	$	-		$	7,247

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CROWN EQUITY HOLDINGS, INC.

NOTES TO UNAUDITED FINANCIAL STATEMENTS

NOTE 1 – NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES

Nature of Business

Crown Equity Holdings Inc. ("Crown Equity" or the "Company") was incorporated in August 1995 in Nevada. The Company offers through its digital network of websites, advertising branding, marketing solutions and other services to boost customer awareness, as well as merchant visibility as a worldwide online multi-media publisher. The Company focuses on the distribution of information for the purpose of bringing together its audience with the advertisers that want to reach them. Its advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. Crown Equity Holdings' objective is making its endeavor known as CRWE WORLD into a global online news and information source, as well as a global one stop shop for various distinct products and services. The Company also offers services to companies seeking to become public entities in the United States, as well as providing various consulting services to companies and individuals dealing with corporate structure and operations globally.

Basis of Preparation

The accompanying financial statements include the financial information of Crown Equity Holdings Inc. (“Crown Equity”, the “Company”) have been prepared in accordance with U.S. GAAP and SEC rules and regulations. The preparation of these financial statements and accompanying notes in conformity with U.S. generally accepted accounting principles (“GAAP”). In the opinion of management, the financial statements contained in this report include all known accruals and adjustments necessary for a fair presentation of the financial position, results of operations, and cash flows for the periods reported herein.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires the use of estimates and assumptions by management in determining the reported amounts of assets and liabilities, disclosures of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Estimates are primarily used in our revenue recognition, long-lived asset impairments and adjustments, deferred tax, stock-based compensation, and reserves for legal matters.

Cash and Cash Equivalents

Crown Equity considers all highly liquid investments purchased with an original maturity of three months or less to be cash and cash equivalents. The objectives of the Company’s cash management policy are to safeguard and preserve funds, to maintain sufficient liquidity to meet its cash flow requirements and to attain a market rate of return. The Company deposits its cash in financial institutions that it believes have high credit quality and has not experienced any losses on such accounts and does not believe it is exposed to any significant credit risk on cash and cash equivalents

Stock-Based Compensation

The Company accounts for stock-based compensation to employees in accordance with ASC 718 requiring employee equity awards to be accounted for under the fair value method. Accordingly, share-based compensation is measured at grant date, based on the fair value of the award and is recognized as expense over the requisite employee service period. The Company accounts for stock-based compensation to other than employees in accordance with ASU 2018-07 Equity instruments issued to other than employees are valued at the earlier of a commitment date or upon completion of the services, based on the fair value of the equity instruments and is recognized as expense over the service period. The Company estimates the fair value of share-based payments using the Black-Scholes option-pricing model for common stock options and the closing price of the company's common stock for common share issuances.

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Revenue Recognition

The core principles of revenue recognition under ASC 606 include the following five criteria:

	1.	Identify the contract with the customer

		Contracts with our customers may be oral, written, or implied. A written and signed invoice stating the terms and conditions is the Company’ preferred method. The terms of a written contract may be contained within the body of an invoice or in an email. No work is commenced without an understanding between the Company and our client that a valid contract exists.

	2.	Identify the performance obligations in the contract

		Our sales and account management teams define the scope of services to be offered, to ensure all parties are in agreement and obligations are being delivered to the customer as promised. The performance obligation may not be fully identified in a mutually signed contract, but may be outlined in email correspondence, face-to-face meetings, additional proposals or scopes of work, or phone conversations.

	3.	Determine the transaction price

		Pricing is discussed and identified by the operations team prior to submitting an invoice to the customer.

	4.	Allocate the transaction price to the performance obligations in the contract

		If a contract involves multiple obligations, the transaction pricing is allocated accordingly, during the performance obligation phase.

Recognize revenue when (or as) we satisfy a performance obligation

The Company uses digital marketing that includes digital advertising, SEO management and digital ad support. We provide whether presenting a vibrant but simple message about our clients that will enlighten their audience or deploying an influential digital marketing campaign on our online site or across one or multiple social media platforms. Revenue is recognized when ads are run on the Company’s advertising platform.

The company generates analytical reports monthly or as required to show how the ad dollars were spent and how the targeting resulted in click-through. The report satisfies the performance obligation, regardless of the outcome or effectiveness of the campaign.

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Sales are recognized when promised services are started in an amount that reflects the consideration the Company expects to be entitled to in exchange for those services. Sales for service contracts generally are recognized as the services that are being provided.

	Three Months Ended March 31, 2026						Three Months Ended March 31, 2025
	Third Party		Related Party		Total		Third Party		Related Party		Total
Advertising	$	-	$	-	$	-	$	-	$	-	$	-
Click Based and Impressions Ads		-		-		-		135		-		135
Publishing and Distribution		-		-		-				-		-
	$	-	$	-	$	-	$	135	$	-	$	135

Revenues are received through click-based, and impression ads located on the Company’s websites, as well as from the publishing and disseminating of news and press releases.

	March 31,		March 31,
	2026		2025

Deferred Revenue	$	155	$	155

Deferred revenue is based on cash received or billings in excess of revenue recognized until revenue recognition criteria are met. Client prepayments are deferred and recognized over future periods as services are delivered or performed. These amounts are included in the line item accounts payable and accrued expenses on the balance sheet.

Accounts Receivable and Allowance for Doubtful Accounts

The Company establishes an allowance for bad debts through a review of several factors including historical collection experience, current aging status of the customer accounts, and financial condition of our customers. The Company does not generally require collateral for our accounts receivable. There were no accounts receivable and allowance for doubtful accounts as of March 31, 2026 and December 31, 2025.

Risk Concentrations

For the three months ended March 31, 2026, the Company had no revenues. During the three-month period ending March 31, 2025, 100% of the Company's revenues earned were received from the display of click-based and impressions ads on the company's online sites. All revenue earned was through a third party. All revenues earned were from third party.

Property and Equipment

Property and equipment are carried at the cost of acquisition or construction and depreciated over the estimated useful lives of the assets. Costs associated with repair and maintenance are expensed as incurred. Costs associated with improvements which extend the life, increase the capacity, or improve the efficiency of our property and equipment are capitalized and depreciated over the remaining life of the related asset. Gains and losses on dispositions of equipment are reflected in operations. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets.

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Earnings (Loss) Per Share

Earnings (loss) per share attributable to the common equity holders of the Company are calculated in accordance with ASC 260 “Earnings per Share”. The weighted average number of common shares outstanding during each period is used to compute basic earnings (loss) per share. Diluted earnings per share are computed using the weighted average number of shares and potentially dilutive common shares outstanding. Potentially dilutive common shares are additional common shares assumed to be exercised. Potentially dilutive common shares consist of stock warrants and convertible preferred shares and are excluded from the diluted earnings per share computation in periods where the Company has incurred a net loss, as their effect would be considered anti-dilutive.

	March 31,
	2026			2025
Numerator:
Net Loss attributable to common shareholders of Crown Equity Holdings, Inc.	$	(45,593	)	$	(3,259	)

Denominator:
Weighted average common and common equivalent shares outstanding – basic and diluted		15,936,480			15,846,924

Loss per Share attributable to Crown Equity Holdings, Inc.:
Basic and diluted	$	0.00		$	0.00

When an entity has a net loss, it is prohibited from including potential common shares in the computation of diluted per share amounts. Accordingly, we have utilized basic shares outstanding to calculate both basic and diluted loss per share for the three months ended March 31, 2026 and 2025.

Income Taxes

In December 2017, the Tax Cuts and Jobs Act (the “Act”) was enacted, which, among other changes, reduced the federal statutory corporate tax rate from 35% to 21%, effective January 1, 2018. As a result of this change, the Company’s statutory tax rate for fiscal 2019 and 2020 will be 21%. Crown Equity recognizes deferred tax assets and liabilities based on differences between the financial reporting and tax basis of assets and liabilities using the enacted tax rates and laws that are expected to be in effect when the differences are expected to be recovered. As of March 31, 2026 and December 31, 2025, the Company has not reflected any amounts as a deferred tax asset due to the uncertainty of future profits to offset any net operating loss.

Uncertain tax position

The Company also follows the guidance related to accounting for income tax uncertainties. In accounting for uncertainty in income taxes, the Company recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more likely than not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the relevant tax authority. No liability for unrecognized tax benefits was recorded as of March 31, 2026 and December 31, 2025.

Fair Value of Financial Instruments

The Company’s financial instruments consist of cash and cash equivalents, accounts payable and debt. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.

Under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”)820, Fair Value Measurements and Disclosures, and ASC 825, Financial Instruments, the FASB establishes a framework for measuring fair value in generally accepted accounting principles and expands disclosures about fair value measurements. This Statement reaffirms that fair value is the relevant measurement attribute. The adoption of this standard did not have a material effect on the Company’s financial statements as reflected herein. The carrying amounts of cash, prepaid expense and other current assets, accounts payable, accrued expenses and notes payable reported on the accompanying consolidated balance sheets are estimated by management to approximate fair value primarily due to the short-term nature of the instruments.

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An entity is required to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value using a hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The hierarchy prioritized the inputs into three levels that may be used to measure fair value.

Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.

Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in markets that are not active.

Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.

Our cash and brokerage accounts are measured at fair value on a recurring basis and estimated as follows.

March 31, 2026	Total		Level 1		Level 2		Level 3

Cash	$	2,241	$	2,241	$	-	$	-
Total	$	2,241	$	2,241	$	-	$	-

December 31, 2025

Cash	$	2,272	$	2,272	$	-	$	-
Total	$	2,272	$	2,272	$	-	$	-

The Company's financial instruments consist of cash and cash equivalents, accounts payable and debt. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.

NOTE 2 – GOING CONCERN

As shown in the accompanying financial statements, Crown Equity an accumulated deficit of $18,817,145 since its inception and had a working capital deficit of $359,655 negative cash flows from operations and limited business operations as of March 31, 2026. These conditions raise substantial doubt as to Crown Equity's ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary if Crown Equity is unable to continue as a going concern.

Crown Equity continues to review its expense structure reviewing costs and their reduction to move towards profitability. Management plans to continue raising funds through debt and equity financing to grow the business to profitability. This financing may be insufficient to fund expenditures or other cash requirements. There can be no assurance that additional financing will be available to the Company on acceptable terms or at all. These financial statements do not give effect to adjustments to assets would be necessary for the Company be unable to continue as going concern.

NOTE 3 – PROPERTY AND EQUIPMENT

The Company’s policy is to capitalize all property, and equipment purchases over $1,000 and depreciates the assets over their useful lives of 3 to 7 years.

Property and equipment consist of the following on March 31, 2026 and December 31, 2025

	March 31, 2026			December 31, 2025
Computers – 3 year estimated useful life	$	108,622		$	108,622
Less – Accumulated Depreciation		(108,622	)		(108,622	)
Property and Equipment, net	$	-		$	-

Depreciation has been provided over each asset’s estimated useful life. Depreciation expenses were $0 and $0 for the three months ended March 31, 2026 and 2025, respectively.

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NOTE 4 – NOTES PAYABLE AND CONVERTIBLE NOTE PAYABLES

As of March 31, 2026 and December 31, 2025, the Company had unamortized discount of $0 and $0 respectively.

The Company analyzes any convertible notes for derivatives noting there are no convertible notes.

	Original	Due	Interest				Original	March 31,			Dec 31,
Name	Note Date	Date	Rate				Face Value	2026			2025
Related Party Notes Payable:
Mike Zaman Irrevocable Trust	12/25/2022	12/25/2023		12	%	$	2,000	$	2,000	$	2,000
Mike Zaman	01/11/2023	01/11/2024		12	%		1,100		1,100		1,100
Mike Zaman Irrevocable Trust	01/23/2023	01/23/2024		12	%		2,500		2,500		2,500
Mike Zaman Irrevocable Trust	01/31/2023	01/31/2024		12	%		1,000		1,000		1,000
Mike Zaman Irrevocable Trust	02/14/2023	02/14/2024		12	%		10,000		10,000		10,000
Mike Zaman Irrevocable Trust	03/23/2023	03/23/2024		12	%		18,000		18,000		18,000
Mike Zaman Irrevocable Trust	05/08/2023	05/08/2024		12	%		5,800		5,800		5,800
Mike Zaman Irrevocable Trust	06/02/2023	06/02/2024		12	%		2,500		2,500		2,500
Mike Zaman Irrevocable Trust	06/20/2023	06/20/2024		12	%		3.000		3,000		3,000
Mike Zaman	07/18/2023	07/18/2024		12	%		15,000		15,000		15,000
Mike Zaman Irrevocable Trust	08/04/2023	08/04/2024		12	%		12,000		12,000		12,000
Mike Zaman Irrevocable Trust	09/20/2023	09/20/2024		12	%		2,500		2,500		2,500
Mike Zaman Irrevocable Trust	09/22/2023	09/22/2024		12	%		1,000		1,000		1,000
Mike Zaman Irrevocable Trust	09/23/2023	09/23/2024		12	%		1,000		1,000		1,000
Mike Zaman Irrevocable Trust	10/20/2023	10/20/2024		12	%		3,000		3,000		3,000
Mike Zaman Irrevocable Trust	11/06/2023	11/06/2024		12	%		10,000		10,000		10,000
Mike Zaman Irrevocable Trust	12/12/2023	12/12/2024		12	%		10,000		10,000		10,000
Mike Zaman Irrevocable Trust	02/01/2024	02/01/2025		12	%		10,000		10,000		10,000
Mike Zaman Irrevocable Trust	03/21/2024	03/21/2025		12	%		2,000		2,000		2,000
Mike Zaman Irrevocable Trust	03/25/2024	03/25/2025		12	%		11,000		11,000		11,000
Mike Zaman	05/14/2024	05/14/2025		12	%		4,500		4,500		4,500
Mike Zaman Irrevocable Trust	05/28/2024	05/28/2025		12	%		1,500		1,500		1,500
Mike Zaman	06/06/2024	06/06/2025		12	%		2,500		2,500		2,500
Mike Zaman	06/06/2024	06/06/2025		12	%		916		916		916
Mike Zaman	06/24/2024	06/24/2025		12	%		950		950		950
Mike Zaman Irrevocable Trust	07/22/2024	07/22/2025		12	%		1,500		1,500		1,500
Mike Zaman Irrevocable Trust	07/31/2024	07/31/2025		12	%		4,000		4,000		4,000
Mike Zaman Irrevocable Trust	09/30/2024	09/30/2025		12	%		1,500		1,500		1,500
Mike Zaman Irrevocable Trust	10/25/2024	10/25/2025		12	%		1,200		1,200		1,200
Mike Zaman Irrevocable Trust	11/21/2024	11/21/2025		12	%		4,000		4,000		4,000
Mike Zaman Irrevocable Trust	01/10/2025	01/10/2026		12	%		500		500		500
Mike Zaman	01/27/2025	01/27/2026		12	%		1,009		1,009		1,009
Mike Zaman	02/24/2025	02/24/2026		12	%		1,057		1,057		1,057
Mike Zaman	02/24/2025	02/24/2026		12	%		1,057		1,057		1,057
Mike Zaman	02/27/2025	02/27/2026		12	%		955		955		955
Mike Zaman Irrevocable Trust	03/07/2025	03/07/2026		12	%		500		500		500
Mike Zaman	03/11/2025	03/11/2026		12	%		1,410		1,410		1,410
Mike Zaman	03/25/2025	03/25/2026		12	%		3,500		3,500		3,500
Mike Zaman	04/07/2025	04/07/2026		28.24	%		7,500		7,500		7,500
Mike Zaman	04/13/2025	04/13/2026		25.24	%		916		916		916
Mike Zaman Irrevocable Trust	04/30/2025	04/30/2026		12	%		500		500		500
Mike Zaman	11/11/2025	11/11/2026		17.74	%		842		842		842
Mike Zaman Irrevocable Trust	11/18/2025	11/18/2026		12	%		3,000		3,000		3,000
Mike Zaman Irrevocable Trust	12/17/2025	12/17/2026		12	%		1,000		1,000		1,000
Mike Zaman Irrevocable Trust	01/06/2026	01/06/2027		12	%		5,000		5,000		-
Mike Zaman Irrevocable Trust	01/28/2026	01/28/2027		12	%		2,000		2,000		-
Mike Zaman	02/11/2026	02/11/2027		12	%		1,149		1,149		-
Mike Zaman	03/05/2026	03/05/2027		17.49	%		20,082		20,082		-
Mike Zaman Irrevocable Trust	03/25/2026	03/25/2027		12	%		2,000		2,000		-
Total Related Party Notes Payable								$	199,943	$	169,712

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NOTE 5 – COMMITMENTS AND CONTINGENCIES

The Company is obligated for payments under related party notes payable.

The following table represents the related party notes payable owed at March 31, 2026 and December 31, 2025.

	March 31, 2026		December 31, 2025
Notes payable -Mike Zaman – Chief Executive Officer	$	64,443	$	43,212
Notes payable – Mike Zaman Irrevocable Trust – Trust of Chief Operating Officer		135,500		126,500
Total related party notes payable	$	199,943	$	169,712

NOTE 6 – RELATED PARTY TRANSACTIONS

On March 19, 2025, our Chief Executive Officer and our Corporate Secretary and Treasurer forgave interest the Company owed them in the amount $3,503 and $34,672, respectively. These amounts were credited to additional paid-in-capital.

The Company is obligated to related parties for notes payable as follows as of March 31, 2026 and December 31, 2025:

	March 31, 2026		December 31, 2025
Notes payable -Mike Zaman – Chief Executive Officer	$	64,443	$	43,212
Notes payable – Mike Zaman Irrevocable Trust – Trust of Chief Operating Officer		135,500		126,500
Total related party notes payable	$	199,943	$	169,712

The detail of the above notes are listed in Note 4

The Company owed related parties accrued interest in the amount of $47,253 and $41,363 at March 31, 2026 and December 31, 2025, respectively.

The Company periodically receives operating funds advanced from related parties which are documented with notes payable or convertible notes payable. Additionally, the Company related parties cover account payables by direct payment of the account payables which are also documented with notes payable or convertible notes payable. As of March 31, 2026 and December 31, 2025, the total non-convertible notes from related parties were $199,943, and $169,712, respectively.

NOTE 7 – STOCKHOLDERS' DEFICIT

The total number of shares of all classes of capital stock which the corporation has the authority to issue is 470,001,000 shares, consisting of (i) 20,001,000 shares of Preferred Stock, par value $0.001 per share (“Preferred Stock”), of which 1,000 shares are designated as Series A Preferred Stock and (ii) 450,000,000 shares of Common Stock, par value $0.001 per share (“Common Stock”). As of March 31, 2026, 20,000,000 shares of Preferred Stock remain undesignated.

Series A Preferred Stock

The Company has designated 1,000 shares of its Preferred Stock as Series A, having a par value of $0.001 per share. Holders of the Series A Preferred Stock have no dividend or voting rights, and hold to elect Class I directors which gives them the right to elect a majority of the Board of Directors of the Company. As of March 31, 2026, there were 1,000 shares of Series A Preferred Stock outstanding.

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Preferred Stock (Undesignated)

In addition to the 1,000 shares designated as Series A Preferred Stock, the Company is authorized to issue an additional 20,000,000 shares of Preferred Stock, having a par value of $0.001 per share. The Board of Directors of the Company has authority to issue the Preferred Stock from time to time in one or more series, and with respect to each series of the Preferred Stock, to fix and state by the resolution the terms attached to the Preferred Stock. As of March 31, 2026 and December 31, 2025, there were no other shares of Preferred Stock outstanding.

The shares of each series of Preferred Stock may vary from the shares of any other series thereof in any or all the foregoing respects and in any other manner. The Board of Directors may increase the number of shares of Preferred Stock designated for any existing series by a resolution adding to such series authorized and unissued shares of Preferred Stock not designated for any other series. Unless otherwise provided in a particular Preferred Stock designation, the Board of Directors may decrease the number of shares of Preferred Stock designated for any existing series by a resolution subtracting from such series authorized and unissued shares of Preferred Stock designated for such existing series, and the shares so subtracted shall become authorized, unissued and undesignated shares of Preferred Stock.

The Company issued no shares of common or preferred stock in the three months ended March 31, 2026.

During the year ending December 31, 2025, the Company issued 96,096 shares of common stock of which 76,500 shares of common stock were issued to settle accounts payable, 8,596 common shares for conversion of notes payable and accrued interest and 11,000 common shares for cash as follows:

On February 28, 2025, the Company issued 55,250 restricted shares of common stock for conversion of a $27,625 account payable to Cloud Network Systems Inc. at a conversion rate of fifty cents ($0.50) per share for the total amount owed. The share price on the conversion date was $0.80, which contributed to a loss of $16,630.

On March 28, 2025, the Company issued 8,596 restricted shares of common stock for conversion of a note payable of $4,298 to Vast Capital. The company converted the amount owed at a rate of fifty cents ($0.50) per share. The share price on the conversion date was $0.80, which contributed to a loss of $2,949.

On May 29, 2025, Stephen Bryan Wilson purchased 5,000 shares of restricted common stock at $1.00 per share at the purchase price of $5,000. The share price on the purchase date was $1.

On August 20, 2025, Larry Helwig purchased 6,000 shares of restricted common stock at $0.50 per share at the purchase price of $3,000. The share price on the purchase date was $0.72, which contributed to a loss of $1,272.

On December 28, 2025, the Company issued 21,250 restricted shares of common stock for conversion of a $21,250 account payable to Cloud Network Systems at a conversion rate of one dollar ($1.00) per share for the total amount owed. The share price on conversion date was $1.04, which contributed to a loss of $21,250.

Equity Incentive Plan

The Company’s 2014 Equity Incentive Plan, as amended and restated (the “Equity Incentive Plan”) provided for 1,000,000 shares, to be used for grants of stock options, as well as grants of stock, including restricted stock. There are 900,000 shares of common stock are authorized for issuance under the Equity Incentive Plan, of which 900,000 shares were available for issuance as of March 31, 2026 and December 31, 2025. The shares issued to individuals in 2025 for services were not shares issued pursuant to the plan.

Preferred Stock

The Company has designated 1,000 shares of its preferred stock as Series A Preferred Stock. Each share of Series A Preferred shall have no dividend, voting or other rights except for the right to elect Class I Directors. As of March 31, 2026 and December 31, 2025, the Company has 1,000 shares of Series A Preferred Stock outstanding.

Warrants – the Company has no warrants outstanding.

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NOTE 8 – INCOME TAXES

The Company follows ASC 740, Accounting for Income Taxes. In the years ended December 31, 2025 and 2024, deferred income taxes reflect the net tax effects of (a) temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax reporting purposes, and (b) net operating loss carry forwards. For federal income tax purposes, the Company uses the accrual basis of accounting, the same that is used for financial reporting purposes.

The Company did not have taxable income for the three months ended March 31, 2026 or the year ended December 31, 2025.

Federal income tax returns have not been examined and reported upon by the Internal Revenue Service and returns of the years since December 31, 2022 are still open.

Net deferred tax assets consist of the following components as of March 31, 2026 and December 31, 2025:

	2026			2025
Deferred tax assets:
NOL Carryover	$	1,737,959		$	1,728,385
Valuation allowance		(1,737,959	)		(1,728,385	)
Net deferred tax asset	$	-		$	-

The income tax provision differs from the amount of income tax determined by applying the U.S. federal income tax rates to pretax income from continuing operations for the three months ended March 31, 2026 and 2025 due to the following:

	2026			2025
Federal Tax (21%)	$	(9,575	)	$	(684	)
Change in Valuation allowance		9,575			684

As of March 31, 2026 and December 31, 2025, the Company’s accumulated net operating loss carryforward was approximately $8,965,498 and $8,919,937, respectively.

NOTE 9 – SUBSEQUENT EVENTS

On April 14, 2026, the company entered into a promissory note with the Mike Zaman in the amount of $25,000 at an interest rate of 12%.

On April 16, 2026, the company entered into a promissory note with the Mike Zaman in the amount of $5,000 at an interest rate of 12%.

Management has analyzed its operations for subsequent events until May 1, 2026, and the date this financial statement was issued and has determined that no other subsequent events occurred.

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ITEM 2: MANAGEMENT’S DISCUSSION AND ANALYSIS

The following discussion and analysis should be read in conjunction with our Financial Statements and the notes thereto, set forth in Item 8. “Financial Statements” as set forth in our Annual Report on Form 10-K for the year ended December 31, 2025, and the Condensed Consolidated Financial Statements and notes thereto included in Part I of this Quarterly Report on Form 10-Q. The following discussion may contain forward-looking statements. For additional information, see “Disclosure Regarding Forward Looking Statements” in Part I of this Quarterly Report on Form 10-Q.

OVERVIEW

Crown Equity Holdings Inc. (“Crown Equity”) was incorporated in August 1995 in Nevada. The Company is offering its services to companies seeking to become public entities in the United States. It has launched a website, www.crownequityholdings.com, which offers its services in a wide range of fields. The Company provides various consulting services to companies and individuals dealing with corporate structure and operations globally. The Company also provides public relations and news dissemination for publicly and privately held companies.

In December 2010, the Company formed two wholly owned subsidiaries Crown Tele Services, Inc. and CRWE Direct, Inc. Crown Tele Services, Inc. was formed to provide voice over internet (“VoIP”) services to clients at a competitive price and Crown Direct, Inc. was formed to provide direct sales to customers. Both entities had minimum sales during the quarter.

In March, 2011, the Company formed a wholly owned subsidiary CRWE Real Estate, Inc. as a subsidiary to engage in potential real estate holdings. The entity had minimal activity during the quarter.

The Company has focused its primary vision to using its network of websites to provide advertising and marketing services, as a worldwide online media advertising publisher, dedicated to the distribution of quality branding information. The Company offers Internet media-driven advertising services, which cover and connect a wide range of marketing specialties, as well as search engine optimization for clients interested in online media awareness. As part of its operations, the Company has utilized the services of software and hardware technicians in developing its websites and adding additional websites. This allows the Company to disseminate news and press releases for its customers as well as general news and financial information on a much bigger scale than it did previously. The Company markets its services to companies seeking market awareness of them and the services or goods that they offer. The Company then publishes information concerning these companies on its many websites.

Crown Equity’s office is located at 11226 Pentland Downs Street, Las Vegas, NV 89141.

During the period ending March 31, 2026, the Company utilized the services of independent contractors and its following officers, Mike Zaman, Kenneth Bosket, and Montse Zaman,

RESULTS OF OPERATIONS

Three months ended March 31, 2026 Compared to the Three months ended March 31, 2025

For the three months ended March 31, 2026, revenues were $0 and $135 for the same period ended in 2025.

Revenues for the three months ended March 31, 2026 were lower than March 31, 2025 due to no earned revenues through click-based, and impression ads, and the publishing and disseminating of press release in 2026.

Operating expenses were $39,703 for the three months ended March 31, 2026 and $17,091 for the same period in 2025. The increase in operating expenses was primarily due to an increase in professional fees.

Other expenses for the three-month period ended March 31, 2026 were $5,890 and $13,697 for the same quarter in 2025. The decrease in other expenses was primarily due to only having interest expense in the three months ended March 31, 2026. In the three months ended March 31, 2025, had interest expense of $4,859 loss on accounts payable conversion of $19,579, a miscellaneous loss of $40 and a gain on debt forgiveness of $38,175.

Interest expenses for the three months ended March 31, 2026 and 2025 were $5,890 and $4,859, respectively.

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LIQUIDITY AND CAPITAL RESOURCES

As of March 31, 2026, Crown Equity had current assets of $6,666 and current liabilities of $366,321 resulting in a working capital deficit of $359,655. Net cash used by operating activities for the three months ended March 31, 2026 was $30,262 compared to net cash used of $12,313 for the same period in 2025.

For the three months ended March 31, 2026, we borrowed $30,231 from related parties.

Our existing capital may not be sufficient to meet Crown Equity’s cash needs, including the costs of compliance with the continuing reporting requirements of the Securities Exchange Act of 1934, as amended. This condition raises substantial doubt as to Crown Equity’s ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary if Crown Equity is unable to continue as a going concern.

ITEM 3: QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

As a “smaller reporting company” as defined by Item 12b-2 of the securities exchange act of 1934 (the “exchange act”) and are not required to provide information required under this Item.

ITEM 4: CONTROLS AND PROCEDURES

(a) Evaluation of Disclosure Controls and Procedures

Based on their evaluation of our disclosure controls and procedures(as defined in Rule 13a-15e under the Securities Exchange Act of 1934 the “Exchange Act”), our principal executive officer and principal financial officer have concluded that as of the end of the period covered by this quarterly report on Form 10-Q such disclosure controls and procedures were not effective to ensure that information required to be disclosed by us in reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in Securities and Exchange Commission rules and forms because of the identification of material weaknesses in our internal control over financial reporting which we view as an integral part of our disclosure controls and procedures. The material weaknesses relate to the lack of segregation of duties in financial reporting, as our financial reporting and all accounting functions are performed by an external consultant with no oversight by a professional with accounting expertise. Our CEO and CFO also do not possess accounting expertise and our company does not have an audit committee. These material weaknesses are due to the company’s lack of working capital to hire additional staff. To remedy this material weakness, we intend to engage another accountant to assist with financial reporting as soon as our finances will allow.

Changes in Internal Control over Financial Reporting

There have been no changes in our internal control over financial reporting identified in connection with the evaluation required by paragraph (d) of Exchange Act Rules 13a-15 or 15d-15 that occurred during our first quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

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PART II – OTHER INFORMATION

ITEM 1: LEGAL PROCEEDINGS.

None

ITEM 1A: RISK FACTORS.

There have been no material changes to Crown Equity’s risk factors as previously disclosed in our most recent 10-K filing for the year ended December 31, 2025.

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

During the three months ended March 31, 2026, Crown Equity did not issue any shares of common stock for operating capital.

ITEM 3: DEFAULTS UPON SENIOR SECURITIES.

None

ITEM 4: MINE SAFETY INFORMATION.

None

ITEM 5: OTHER INFORMATION.

None

ITEM 6: EXHIBITS

EXHIBIT 31.1		Certification of Principal Executive Officer

EXHIBIT 31.2		Certification of Principal Financial Officer

EXHIBIT 32.1		Certification of Compliance to Sarbanes-Oxley

EXHIBIT 32.2		Certification of Compliance to Sarbanes-Oxley

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).

101.SCH **		Inline XBRL Taxonomy Extension Schema Document.

101.CAL **		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.PRE **		Inline XBRL Taxonomy Extension Presentation Linkbase Document.

104**		Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).

________________

XBRL (Extensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.

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SIGNATURES

In accordance with the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

	CROWN EQUITY HOLDINGS INC.

Date: May 11, 2026	By:	/s/ Mike Zaman
		Mike Zaman, CEO

Date: May 11, 2026	By:	/s/ Kenneth Bosket
		Kenneth Bosket, CFO