For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Income tax benefit | - | 0 | ||
| General and administration expenses | 1,543.087 | - | ||
| Research and development | 231.593 | 165.621 | ||
| General and administration expenses | - | 1,132.785 | ||
| Total operating expenses | 1,774.68 | 1,298.406 | ||
| Revenues | - | 0.217 | ||
| Net loss from operations | -1,774.68 | -1,298.189 | ||
| Interest income | 6 | - | ||
| Other income | 2.333 | - | ||
| Inducement expense | - | 1,004.574 | ||
| Interest expense | 91.922 | 56.794 | ||
| Loss on debt extinguishment | -117.217 | - | ||
| Finance expense | - | 677.13 | ||
| Gain on change in fair value of derivative liability | -535.329 | - | ||
| Amortization of debt discount | 796.276 | 15 | ||
| Total other expense | -461.753 | -1,753.498 | ||
| Net loss before taxes | -2,236.433 | -3,051.687 | ||
| Loss from continuing operations | -2,236.433 | -3,051.687 | ||
| Income (loss) from discontinued operation, net of tax | - | 34.803 | ||
| Net loss | -2,236.433 | -3,016.884 | ||
| Basic EPS | -0.01 | -0.02 | ||
| Diluted EPS | -0.01 | -0.02 | ||
| Basic Average Shares | 161,824,928 | - | ||
| Diluted Average Shares | 161,824,928 | 158,606,794 | ||
LUDWIG ENTERPRISES, INC. (LUDG)
LUDWIG ENTERPRISES, INC. (LUDG)