Telomir Pharmaceuticals Inc
For the period ended Jun 30, 2024. Filed Aug 13, 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.
Jun 30, 2024 · Filed Aug 13, 2024
TELO$0.71-9.0%Stored close · as of Nov 6, 2026
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Condensed Financial Statements (unaudited)Condensed Balance Sheets as of June 30, 2024 and December 31, 2023
CONDENSED BALANCE SHEETS
AS OF JUNE 30, 2024 AND DECEMBER 31, 2023
| June 30, | December 31, | |
|---|---|---|
| 2024 (unaudited) | 2023 | |
| ASSETS | ||
| Current assets: | ||
| Cash | $1,883,909 | $1,231 |
| Deferred offering costs | - | 303,281 |
| Prepaid expenses | 87,813 | 713 |
| Due from related parties | 130,000 | 130,000 |
| Total current assets | 2,101,722 | 435,225 |
| Deferred Financing Costs | - | 4,338,543 |
| Total assets | $2,101,722 | $4,773,768 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Trade accounts payable and accrued liabilities | $393,814 | $707,187 |
| Due to related parties | 140,341 | 527,377 |
| Related party line of credit | - | 101,000 |
| Total current liabilities | 534,155 | 1,335,564 |
| Total liabilities | 534,155 | 1,335,564 |
| Stockholders’ Equity | ||
| Preferred Stock, no par value, 100,000,000 shares authorized and none issued or outstanding. | - | - |
| Common Stock, no par value; 300,000,000 shares authorized, 29,609,814 and 28,609,814 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively. | - | - |
| Additional paid-in capital | 23,335,319 | 17,502,346 |
| Accumulated deficit | (21,767,752) | (14,064,142) |
| Total stockholders’ equity | 1,567,567 | 3,438,204 |
| Total liabilities and stockholders’ equity | $2,101,722 | $4,773,768 |
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