Mycotopia Therapies Inc
For the period ended Jun 30, 2024. Filed Aug 19, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 19, 2024
AIBTStored price and day change unavailable
Contents
Condensed Consolidated Balance Sheets as of June 30, 2024 (unaudited) and December 31, 2023
| MYCOTOPIA THERAPIES, INC | ||
|---|---|---|
| CONDENSED CONSOLIDATED BALANCE SHEETS | ||
| AS OF JUNE 30, 2024 (UNAUDITED) AND DECEMBER 31, 2023 | ||
| June 30, | December 31, | |
| 2024 | 2023 | |
| (unaudited) | ||
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash | $279,905 | $279,134 |
| Prepaid expenses | 500 | - |
| Total Current Assets | 280,405 | 279,134 |
| NON-CURRENT ASSETS: | ||
| Property and equipment, net | - | 498 |
| Intangible assets, net | 1,607,664 | 1,939,781 |
| TOTAL ASSETS | $1,888,069 | $2,219,413 |
| LIABILITIES AND STOCKHOLDERS’ DEFICIT | ||
| CURRENT LIABILITIES: | ||
| Accounts payable and accrued expenses | $453,296 | $341,358 |
| Accrued interest | 374,700 | 239,714 |
| Accrued expenses – related party | 720,000 | 576,000 |
| Convertible note payable, net of debt discount | 1,100,000 | 1,090,651 |
| Notes payable – related party | 165,000 | - |
| Shares to be issued | 2,000,000 | 2,000,000 |
| TOTAL LIABILITIES | 4,812,996 | 4,247,723 |
| Commitments and contingencies (Note 9 – Commitments and Contingencies) | - | - |
| MEZZANINE EQUITY | ||
| Preferred stock, $0.001 par value; 5,000,000 shares authorized; 0 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively; liquidation preference of $0 and $0, respectively | - | - |
| STOCKHOLDERS’ DEFICIT | ||
| Common stock, $0.001 par value; 100,000,000 shares authorized, 14,896,791 shares issued and outstanding as of June 30, 2024, and December 31, 2023, respectively | 14,897 | 14,897 |
| Additional paid in capital | 6,917,774 | 6,917,774 |
| Accumulated deficit | (9,857,651) | (8,960,981) |
| TOTAL STOCKHOLDERS’ DEFICIT | (2,924,927) | (2,028,310) |
| TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT | $1,888,069 | $2,219,413 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.