| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| General and administration expenses | 291,046 | 509,566 | 450,687 | 319,513 |
| Research and development | 80,318 | 76,056 | 74,234 | 172,047 |
| Total operating expenses | 371,364 | 585,622 | 524,921 | - |
| Revenues | 0 | 0 | - | 207 |
| Net loss from operations | -371,364 | -585,622 | -524,921 | -491,560 |
| Interest income | 2,000 | 2,000 | 2,000 | - |
| Interest expense | 32,643 | 6,205 | - | - |
| Change in fair value of derivative liability | -630,586 | -172,729 | - | - |
| Income (loss) attributable to parent, before tax | - | - | - | -491,353 |
| Amortization of debt discount | 197,327 | 115,129 | - | - |
| Interest expense, operating and nonoperating | - | - | - | 16,815 |
| Other income | 0 | 0 | 2,333 | - |
| Inducement expense | 0 | 0 | - | 377,774 |
| Finance expense | 0 | 0 | - | - |
| Interest expense | - | - | 20,355 | - |
| Loss on extinguishment of debt | 0 | -117,217 | - | - |
| Other noncash income (expense) | - | - | - | -394,589 |
| Total other income (expense) | 402,616 | -63,822 | -16,022 | - |
| Net income (loss) before taxes | 31,252 | -649,444 | -540,943 | -885,942 |
| Income tax benefit | 0 | 0 | - | - |
| Income (loss) from continuing operations | 31,252 | -649,444 | -540,943 | - |
| Loss from discontinued operation, net of tax | 0 | 0 | - | - |
| Net income (loss) | 31,252 | -649,444 | -540,943 | -885,942 |
| Basic income (loss) per common share (in dollars per share) | 0 | 0 | 0 | -0.01 |
| Diluted loss per common share (in dollars per share) | 0 | 0 | 0 | -0.01 |
| Weighted average number of common shares outstanding, basic (in shares) | 161,961,111 | 161,569,807 | 161,182,240 | 159,364,580 |
| Weighted average number of common shares outstanding, diluted (in shares) | 861,961,111 | 161,569,807 | 161,182,240 | 159,364,580 |
LUDWIG ENTERPRISES, INC. (LUDG)
LUDWIG ENTERPRISES, INC. (LUDG)