Segmented Information (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of Geographical Segment Information

During the year ended December 31, 2022 and 2021, the Company’s operations were in the resource industry in Bulgaria, and Turkey with head offices in the United States and a satellite office in Sofia, Bulgaria.

	North America			Turkey		Bulgaria			Total
Year ended December 31, 2022
Revenue	$	-		$	9,375,029	$	-		$	9,375,029
Finance cost		79,693			-		-			79,693
Depletion		-			1,451,032		-			1,451,032
Depreciation		4,826			140,209		-			145,035
Accretion of asset retirement obligation		-			264,075		-			264,075
Stock-based compensation		2,118,917			-		-			2,118,917
Loss on impairment of exploration and evaluation assets		-			-		3,101,343			3,101,343
Gain on debt extinguishment		97,051			-		-			97,051
Gain on net monetary position		-			1,826,495		-			1,826,495
Net income (loss)		(6,684,988	)		3,577,954		(3,014,720	)		(6,121,754	)
As at December 31, 2022
Non-current assets	$	42,762		$	36,975,457	$	-		$	37,018,219

TRILLION ENERGY INTERNATIONAL INC.

Notes to the Consolidated Financial Statements

For the years ended December 31, 2022 and 2021

(Expressed in U.S. dollars)

20. Segmented Information (continued)

	Canada		Turkey		Bulgaria		Total
Year ended December 31, 2021
Revenue	$	-	$	3,700,727	$	-	$	3,700,727
Financing cost		176,386		-		-		176,386
Depletion		-		415,686		-		415,686
Depreciation		-		31,768		-		31,768
Accretion of asset retirement obligation		-		91,983		-		91,983
Stock-based compensation		336,366		-		-		336,366
Loss on debt extinguishment		159,383		-		-		159,383
Net loss		4,501,973		379,473		11,680		4,893,126
As at December 31, 2021
Non-current assets	$	-	$	1,573,185	$	3,116,146	$	4,689,331

Schedule of Net Revenue By Product Segment

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

	For the year ended
	December 31, 2022		December 31, 2021
Oil	$	4,087,664	$	3,219,792
Gas		5,287,365		480,935
	$	9,375,029	$	3,700,727