MAGE: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, MAGE has $106,013 in assets. $2,111,688 in debts.

Unit: Dollar

Balance Sheets	2025-09-30	2025-06-30
Cash	388	589
Prepaid expenses and other current assets	5,625	7,500
Total current assets	6,013	8,089
Mineral rights and properties	100,000	100,000
Total assets	106,013	108,089

Accounts payable	216,208	227,298
Accounts payable - related party	199,750	181,750
Accrued liabilities	214,089	214,089
Convertible note payable, net - related party	285,000	285,000
Convertible note payable, net	380,978	380,978
Accrued interest - related parties	127,049	118,716
Accrued interest	216,252	206,321
Advances payable - related party	70,905	70,905
Advances payable	42,847	26,223
Notes payable	25,000	25,000
Notes payable - related party	168,000	168,000
Derivative liability	165,610	62,200
Total current liabilities	2,111,688	1,966,480
Total liabilities	2,111,688	1,966,480
Common shares, 0.001 par value 1,000,000,000 shares authorized 27,379,295 and 26,157,635 shares issued and outstanding, respectively	27,380	27,380
Additional paid-in capital	20,065,559	20,059,566
Accumulated deficit	-22,098,614	-21,945,337
Shareholders' deficit	-2,005,675	-1,858,391
Total liabilities and shareholders' deficit	106,013	108,089