WEED, INC.
For the period ended Dec 31, 2024. Filed Mar 31, 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 31, 2025
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Audited Consolidated Statements of Operations and Comprehensive Loss
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
| For the Years | ||
|---|---|---|
| Ended December 31, | ||
| 2024 | 2023 | |
| REVENUE · $ · - · $ · - | ||
| COST OF GOOD SOLD | - | - |
| GROSS PROFIT | - | - |
| OPERATING EXPENSES | ||
| General and administrative expenses | 351,116 | 394,617 |
| Professional fees | 156,290 | 323,559 |
| Depreciation & amortization | 22,586 | 52,392 |
| Total operating expenses | 529,992 | 770,568 |
| NET OPERATING LOSS | (529,992) | (770,568) |
| OTHER INCOME (EXPENSE) | ||
| Interest expense | (15,325) | (45,374) |
| Other income | 35,000 | (203,010) |
| Gain on disposal of fixed assets | - | 988,375 |
| TOTAL OTHER INCOME (EXPENSE) | (50,325) | 739,991 |
| NET LOSS BEFORE INCOME TAX | (510,317) | (30,577) |
| INCOME TAX EXPENSE | 399 | 980 |
| NET LOSS | (510,716) | (31,557) |
| OTHER COMPREHENSIVE INCOME (LOSS) | 799 | 5,576 |
| COMPREHENSIVE LOSS | $(509,917) | $(25,981) |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES | ||
| Outstanding - basic and fully diluted | 124,132,685 | 123,709,123 |
| Net loss per share - basic and fully diluted | $(0.004) | $(0.003) |
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