Midwest Energy Emissions Corp
For the period ended Dec 31, 2023. Filed Apr 16, 2024.
View on SEC.govAbout this filing
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.
FY2023 · Filed Apr 16, 2024
BCHT$1.10-3.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders’ Deficit
CONSOLIDATED STATEMENT OF STOCKHOLDERS’ DEFICIT
| Year Ended December 31, 2023 | |||||
|---|---|---|---|---|---|
| Additional | |||||
| Common Stock · Paid-in · Accumulated | |||||
| Shares | Par Value | Capital | Deficit | Total | |
| Balance – January 1, 2023 | 93,087,796 | $93,088 | $61,188,442 | $(68,698,389) | $(7,416,859) |
| Share based compensation expense | - | - | 520,449 | - | 520,449 |
| Stock issued for cashless exercise of options | 422,311 | 422 | (422) | - | - |
| Stock issued for cash exercise of options | 850,000 | 850 | 208,650 | - | 209,500 |
| Net income | - | - | - | 5,904,013 | 5,904,013 |
| Balance December 31, 2023 | 94,360,107 | $94,360 | $61,917,119 | $(62,794,376) | $(782,897) |
MIDWEST ENERGY EMISSIONS CORP. AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF STOCKHOLDERS’ DEFICIT
| Year Ended December 31, 2022 | |||||
|---|---|---|---|---|---|
| Additional | |||||
| Common Stock · Paid-in · Accumulated | |||||
| Shares | Par Value | Capital | Deficit | Total | |
| Balance – January 1, 2022 | 89,115,951 | $89,116 | $56,788,321 | $(67,116,913) | $(10,239,476) |
| Share based compensation expense | - | - | 282,367 | - | 282,367 |
| Stock issued for cashless exercise of options | 5,181 | 5 | (5) | - | - |
| Stock issued for consulting services | 500,000 | 500 | 159,500 | - | 160,000 |
| Issuance of stock for compensation | 3,250,000 | 3,250 | 122,417 | - | 125,667 |
| Capital contribution for gain on extinguishment of secured note payable – related party | - | - | 54,983 | - | 54,983 |
| Capital contribution for gain on extinguishment of unsecured note payable – related party | - | - | 3,722,743 | - | 3,722,743 |
| Issuance of stock for exercise of options | 216,664 | 217 | 58,116 | 58,333 | |
| Net loss | - | - | - | (1,581,476) | (1,581,476) |
| Balance December 31, 2022 | 93,087,796 | $93,088 | $61,188,442 | $(68,698,389) | $(7,416,859) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.