PMGC Holdings Inc.
For the period ended Dec 31, 2024. Filed Mar 28, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 28, 2025
ELAB$1.58-1.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(Expressed in United States dollar)
| As of: | December 31, 2024 | December 31, 2023 |
|---|---|---|
| ASSETS | ||
| Current Assets | ||
| Cash | $3,984,453 | $3,326,851 |
| Receivables, net | 5,276 | 3,072 |
| Prepaids and deposits | 868,464 | 902,053 |
| Assets held for sale | 1,192,808 | 687,468 |
| Total Current Assets | 6,051,001 | 4,919,444 |
| Investment in securities | 139,084 | - |
| Equipment, net | 1,087 | 1,741 |
| Intangibles, net | 2,801,993 | - |
| Assets held for sale – non-current | - | 268,733 |
| TOTAL ASSETS | $8,993,165 | $5,189,918 |
| LIABILITIES | ||
| Current Liabilities | ||
| Accounts payable and accrued liabilities | $481,001 | $134,014 |
| Due to related parties | 419,217 | 77,127 |
| Current portion of consideration payable | 350,000 | - |
| Derivative liabilities | - | 369,158 |
| Liabilities held for sale | 548,916 | 717,054 |
| Total Current Liabilities | 1,799,134 | 1,297,353 |
| Consideration payable | 534,467 | - |
| Liabilities held for sale – non-current | - | 65,489 |
| TOTAL LIABILIITES | $2,333,601 | $1,362,842 |
| Commitments and Contingencies | ||
| EQUITY | ||
| Common stock, $0.0001 par value, 285,714,286 shares authorized; 438,987 and 12,384 shares issued and outstanding as of December 31, 2024 and 2023, respectively(1) | 44 | 1 |
| Additional paid-in capital | 19,929,484 | 10,850,763 |
| Accumulated other comprehensive income | (337) | 202 |
| Accumulated deficit | (13,269,627) | (7,023,890) |
| TOTAL EQUITY | 6,659,564 | 3,827,076 |
| TOTAL LIABILITIES AND EQUITY | $8,993,165 | $5,189,918 |
| (1) | Reflects retrospectively the 1-for-200 reverse stock split that became effective on November 27, 2024 and the subsequent 1-for-7 reverse stock split that became effective March 10, 2025. On a combined basis, this reflects retrospectively a reverse stock split of 1-for-1,400. Refer to Note 1, “Organization and nature of operations” |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.