BIOADAPTIVES, INC.
For the period ended Dec 31, 2024. Filed Apr 15, 2025.
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FY2024 · Filed Apr 15, 2025
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Consolidated Statements of Operations
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
| Year ended | ||
|---|---|---|
| December 31, | ||
| 2024 | 2023 | |
| Revenues | $12,669 | $28,565 |
| Cost of revenue | 8,639 | 17,746 |
| Gross Profit | 4,030 | 10,819 |
| Operating Expenses | ||
| General and administrative | 335,306 | 101,478 |
| Professional fees | 169,523 | 110,088 |
| Impairment of inventory | 81,350 | - |
| Amortization and impairment loss of license and patent | 19,941 | 28,174 |
| Total Operating Expenses | 606,120 | 239,740 |
| Loss from operations | (602,090) | (228,921) |
| Other Income (Expense) | ||
| Other income | 4,950 | - |
| Unrealized loss on marketable securities | - | (42) |
| Interest expense | (91,978) | (162,891) |
| Change in fair value of derivative liabilities | (210,043) | (307,412) |
| Loss on settlement of debt | - | (13,200) |
| Total Other Income (Expense) | (297,071) | (483,545) |
| Loss before income taxes | (904,761) | (712,466) |
| Net Loss | $(899,161) | $(712,466) |
| Net Loss Per Common Share: | ||
| Basic and Diluted | $(0.11) | $(0.12) |
| Weighted Average Number of Common Shares Outstanding: | ||
| Basic and Diluted | 8,215,426 | 5,971,728 |
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