The latest financial statement is for the year ending 2024-09-30.
| Cash Flow | 2024-09-30 |
|---|---|
| Net income (loss) | -2,640,737 |
| Stock-based compensation | 296,675 |
| Stock-based compensation for acquisition of subsidiary | 710,000 |
| Compensation to management for acquisition of subsidiary | 169,503 |
| Depreciation expense | 338 |
| Amortization of discount | 18,205 |
| Loss on debt extinguishment | -1,700 |
| Accounts payable | 408,012 |
| Accrued interest payable | 32,309 |
| Other receivables | -3,268 |
| Right of use assets | 7,349 |
| Lease liabilities | 6,764 |
| Due to related parties | 904,113 |
| Net cash used in operating activities | -96,029 |
| Cash acquired from purchase of subsidiary | 319 |
| Net cash used in investing activities | 319 |
| Proceeds from issuance of common stock | 7,000 |
| Issuance of convertible note related party | 110,857 |
| Net cash from financing activities | 117,857 |
| Effect of currency translations to cash flow | -21,396 |
| Net change in cash and cash equivalents | 751 |
| Cash and cash equivalents at beginning of period | 1,094 |
| Cash and cash equivalents at end of period | 1,845 |
Graphene & Solar Technologies Ltd (GSTX)
Graphene & Solar Technologies Ltd (GSTX)