Segment Information (Tables)

9 Months Ended

Sep. 30, 2021

Segment Reporting [Abstract]

Schedule of Financial Information for Geographical Segments

As at and for the nine month period ended September 30, 2021

	Bulgaria			North America			Turkey			Total
Revenue
Oil and natural gas sales	$	-		$	-		$	2,837,024		$	2,837,024
Cost and expenses
Production		-			-			2,008,383			2,008,383
Depletion		-			-			191,263			191,263
Depreciation		-			-			20,790			20,790
Accretion of asset retirement obligation		-			-			308,379			308,379
Investor relations		-			794,295			-			794,295
Stock based compensation		-			161,291			-			161,291
General and administrative		50			839,108			700,980			1,540,138
Total expenses		50			1,794,694			3,229,795			5,024,539
Loss before other income (expenses)		(50	)		(1,794,694	)		(392,771	)		(2,187,515	)
Other income (expenses)
Interest expense		-			(119,871	)		-			(119,871	)
Interest income		-			5,656			21,794			27,450
Finance cost		-			(137,884	)		-			(137,884	)
Foreign exchange gain (loss)		188			33,547			(46,993	)		(13,258	)
Other income (expense)		(40	)		-			-			(40	)
Change in fair value of derivative liability		-			507,446			-			507,446
Loss on debt extinguishment		-			(238,724	)		-			(238,724	)
Total other income (expenses)		148			50,170			(25,199	)		25,123
Net loss for the period	$	98			(1,744,524	)	$	(417,970	)		(2,162,396	)
Long lived assets	$	3,121,200		$	529,320		$	2,196,018		$	5,846,538

TRILLION ENERGY INTERNATIONAL INC.

Notes to the Unaudited Interim Condensed Consolidated Financial Statements

(Expressed in U.S. dollars)

(unaudited)

As at and for the nine month period ended September 30, 2020

	Bulgaria			North America			Turkey			Total
Revenue
Oil and natural gas sales	$	–		$	–		$	1,773,073		$	1,773,073
Cost and expenses
Production		–			–			1,688,342			1,688,342
Depletion		–			–			201,875			201,875
Depreciation		–			–			35,106			35,106
Share-based payments		-			167,189			-			167,189
Accretion of asset retirement obligation		–			–			279,377			279,377
General and administrative		6,255			1,001,055			683,057			1,690,367
Total expenses		6,255			1,168,244			2,887,757			4,062,256
Loss before other income (expenses)		(6,255	)		(1,168,244	)		(1,114,684	)		(2,289,183	)
Other income (expenses)
Interest expense		(103	)		(71,873	)		(14,853	)		(86,829	)
Interest income		–			–			12,771			12,771
Foreign exchange gain (loss)		759			1,110			29,934			31,803
Other income (expense)		–			–			–			-
Change in fair value of derivative liability		–			(43,221	)		–			(43,221	)
Loss on debt extinguishment					(29,001	)					(29,001	)
Total other income (expenses)		656			(142,985	)		27,852			(114,477	)
Net loss for the period	$	(5,599	)	$	(1,311,229	)	$	(1,086,832	)	$	(2,403,660	)
Long lived assets	$	3,118,740		$	–		$	2,421,657		$	5,540,397