The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | -3,202,971 | 3,362,952 |
| Gain on revaluation of derivative liabilities | - | 4,430,867 |
| Amortization of intangible assets | 6,976 | 19,375 |
| Original issue discount charged to interest expense | 5,000 | 5,000 |
| Stock-based compensation | 812,149 | 12,500 |
| Accretion of series a preferred recorded as interest expense | 278,231 | 628,776 |
| Loss on revaluation of series a preferred | -387,638 | -259,015 |
| Gain on lease terminations | 0 | 0 |
| Gain on revaluation of derivative liabilities | 3,513,655 | - |
| Gain on settlement of note payable | 0 | - |
| Gain on settlement of accounts payable | 562,793 | - |
| Accounts receivable | 3,000 | 3,600 |
| Prepaid expenses | 1,393 | -2,710 |
| Accounts payable and accrued liabilities | 625,693 | 574,752 |
| Deferred revenue | 10,000 | - |
| Accrued interest - related parties-Nonrelated Party | 43,562 | -33,333 |
| Gain on settlement of liabilities | - | 562,793 |
| Accrued interest - related parties-Related Party | 0 | -22,547 |
| Net cash used in operating activities | -120,903 | -188,060 |
| Principal payments on sba loan | 6,500 | 12,618 |
| Proceeds from sale of series a preferred stock | 25,000 | 100,000 |
| Proceeds from notes payable | 100,000 | 100,000 |
| Net cash provided by financing activities | 118,500 | 187,382 |
| Net change in cash | -2,403 | -678 |
| Cash and cash equivalents at beginning of period | 3,402 | - |
| Cash and cash equivalents at end of period | 321 | - |
Mitesco, Inc. (MITI)
Mitesco, Inc. (MITI)