The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Purchase of intellectual property | 9,166 |
| Net cash used in investing activities | -9,166 |
| Deferred offering cost | 52,951 |
| Proceeds from related party | 61,024 |
| Repayments to related party | 12,058 |
| Proceeds from convertible notes payable - net | 750,000 |
| Repayment of note payable | 100,000 |
| Increase in bank overdraft | 1,252 |
| Repayment of convertible note and guaranteed interest | 0 |
| Cash advance from investor | 0 |
| Net cash provided by financing activities | 647,267 |
| Stock issued for services | 226,372 |
| Change in fair value of derivative liability | -535,329 |
| Inventory | 1,481 |
| Note receivable | 6,000 |
| Prepaid expenses | -12,886 |
| Accounts payable and accrued liabilities | 464,741 |
| Accounts payable and accrued liabilities related party | 516,909 |
| Net loss | -2,236,433 |
| Loss on extinguishment of debt | -117,217 |
| Amortization of debt discount | 796,276 |
| Stock issued for research and development | 0 |
| Stocks issued for inducements | 0 |
| Stock warrants issued for finance cost | 0 |
| Gain on sale of subsidiary | 0 |
| Unearned fee | 0 |
| Net cash used in operating activities | -644,842 |
| Net change in cash | -6,741 |
| Cash, beginning of year | 6,741 |
| Cash, end of year | 0 |
LUDWIG ENTERPRISES, INC. (LUDG)
LUDWIG ENTERPRISES, INC. (LUDG)