Aspire-Lakewood Holdings, Inc.
For the period ended Dec 31, 2024. Filed Apr 7, 2025.
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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 Apr 7, 2025
ASBP$8.52+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. CONSOLIDATED STATEMENT OF CASH FLOWS
| FOR THE YEAR ENDING December 31, | ||||
|---|---|---|---|---|
| 2024 · 2023 | ||||
| OPERATING ACTIVITIES: | ||||
| Net loss | $(1,309,872) | $(359,070) | ||
| Adj. to reconcile net loss to net cash flow | ||||
| Depreciation and amortization | - | - | ||
| - · - | ||||
| Increase in current assets | ||||
| Prepaid expenses | (109,356) | (12,500) | ||
| Subscription Receivable | - | - | ||
| Increase in current assets | (109,356) | (12,500) | ||
| Increase in current liabilities | ||||
| Accounts payable and accrued liabilities | 247,846 | 50,038 | ||
| Short-term loans from shareholders (net) | 906,196 | 332,668 | ||
| Increase in current liabilities | 1,154,042 | 382,706 | ||
| Net cash flow (used in) / provided by operating activities | (265,186) | 11,136 | ||
| INVESTING ACTIVITIES: | ||||
| - · - | ||||
| Net cash flow provided by investing activities | - | - | ||
| FINANCING ACTIVITIES: | ||||
| Series A Preferred stock, par value $0.0001 | 32 | - | ||
| Additional paid in capital | 257,613 | - | ||
| Net cash flow provided by financing activities | 257,645 | - | ||
| Net (decrease) increase in cash | (7,541) | 11,136 | ||
| Cash at beginning of period | 11,174 | 38 | ||
| Cash at end of period | $3,633 | $11,174 | ||
| Supplemental disclosure of cash flow information: | ||||
| Cash paid for interest | $ | - | $ | - |
| Cash paid for income taxes | $1,013 | $ | - | |
| Supplemental disclosure of cash flow information: | ||||
| Note Payable addition from OID | $280,549 | $ | - | |
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