Mentor Capital, Inc.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
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.
FY2024 · Filed Mar 31, 2025
MNTRStored price and day change unavailable
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| 2024 | 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $2,182,121 | $2,431,299 |
| Investment in securities at fair value | 1,120,482 | 647,363 |
| Accounts receivable, net | - | 1,800 |
| Other receivable | - | 15,000 |
| Note Receivable | - | 1,000,000 |
| Prepaid expenses and other current assets | 7,010 | 6,508 |
| Total current assets | 3,309,613 | 4,101,970 |
| Property and equipment | ||
| Property and equipment | 48,239 | 48,239 |
| Accumulated depreciation and amortization | (47,721) | (46,648) |
| Property and equipment, net | 518 | 1,591 |
| Other assets | ||
| Investment in account receivable, net of discount and current portion | - | 238,849 |
| Long term investments | 104,431 | 104,431 |
| Total other assets | 104,431 | 343,280 |
| Total assets | $3,414,562 | $4,446,841 |
| 2024 | 2023 | |
|---|---|---|
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current liabilities | ||
| Accounts payable | $3,166 | $3,152 |
| Accrued expenses | 42,599 | 91,460 |
| Total current liabilities | 45,765 | 94,612 |
| Long-term liabilities | ||
| Accrued salary, retirement, and incentive fee-related party | 476,578 | 436,512 |
| Total long-term liabilities | 476,578 | 436,512 |
| Total liabilities | 522,343 | 531,124 |
| Commitments and Contingencies (Note 16) | - | - |
| Shareholders’ equity | ||
| Preferred stock, $0.0001 par value, 5,000,000 shares authorized; 11 and 11 series Q preferred shares issued and outstanding at December 31, 2024 and 2023* | - | |
| Common stock, $0.0001 par value, 75,000,000 shares authorized; 21,686,105 and 24,686,105 shares issued and outstanding at December 31, 2024 and 2023 | 2,169 | 2,469 |
| Additional paid in capital | 11,917,362 | 12,101,055 |
| Accumulated deficit | (9,027,312) | (8,187,807) |
| Total shareholders’ equity | 2,892,219 | 3,915,717 |
| Total liabilities and shareholders’ equity | $3,414,562 | $4,446,841 |
| * | Par value is less than $0.01 |
|---|
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.