GLOBAL ACQUISITIONS Corp
For the period ended Sep 30, 2024. Filed Nov 14, 2024.
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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.
Sep 30, 2024 · Filed Nov 14, 2024
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Condensed Statements of Cash Flows
(Unaudited)
| For the Nine Months EndedSeptember 30, | ||||
|---|---|---|---|---|
| 2024 · 2023 | ||||
| Cash flows from operating activities | ||||
| Net loss | $(670,135) | $(47,214) | ||
| Adjustment to reconcile net loss to net cash used in operating activities | ||||
| Stock-based compensation expense | 619,867 | - | ||
| Changes in operating assets and liabilities: | ||||
| Prepaid expenses and other current assets | (37) | (37) | ||
| Accounts payable and accrued expenses | (466) | 2,803 | ||
| Due from related party | (38,671) | 11,709 | ||
| Net cash used in operating activities | (89,442) | (32,739) | ||
| Cash flows from investing activities | ||||
| Net cash used in investing activities | - | - | ||
| Cash flows from financing activities | ||||
| Proceeds from related parties | 89,442 | 34,198 | ||
| Net cash provided by financing activities | 89,442 | 32,739 | ||
| Net change in cash | - | - | ||
| Cash, beginning of year | - | - | ||
| Cash, end of period | $ | - | $ | - |
| Supplemental Disclosures of cash flow information: | ||||
| Cash paid for taxes | $ | - | $ | - |
| Cash paid for interest | $ | - | $ | - |
| $ | - | $ | - | |
| Supplemental disclosure of noncash and financing activities | ||||
| Shares issued pursuant to settlement of payables | 593,670 | - | ||
The accompanying notes are an integral part of these unaudited condensed financial statements.****
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