| Income Statement | 2025-06-30 | |||
|---|---|---|---|---|
| Revenue | 687,638 | |||
| Professional fees | 445,668 | |||
| Advertising and marketing | 152,608 | |||
| Payroll and management compensation | 2,334,698 | |||
| General and administration | 311,503 | |||
| Amortization and depreciation | 77,107 | |||
| Cost of revenue, exclusive of amortization and depreciation shown separately below | 371,392 | |||
| Professional fees - related parties | 12,300 | |||
| Cost of revenue - related parties | 0 | |||
| Total operating expenses | 3,705,277 | |||
| Loss from operations | -3,017,639 | |||
| Interest income | 3,958 | |||
| Interest expense | 552,085 | |||
| Loss on settlement of debt | -2,640,611 | |||
| Financing expense | 2,511,855 | |||
| Change in fair value of derivative liability | -2,973,000 | |||
| Interest expense - related party | 212,787 | |||
| Total other expense | -8,886,380 | |||
| Loss from operations before taxes | -11,904,019 | |||
| Provision for income taxes | 0 | |||
| Net loss | -11,904,019 | |||
| Comprehensive loss | -11,904,019 | |||
| Basic and diluted weighted average number of common shares outstanding | 62,734,319 | |||
| Net loss per common share - basic and diluted | -0.19 | |||
General Enterprise Ventures, Inc. (MFB)
General Enterprise Ventures, Inc. (MFB)