| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| General and administrative expenses | 39,469 | 63,964 | ||
| Total operating expenses | 39,469 | 63,964 | ||
| Administrative fee income | - | 0 | ||
| Loss from operations | -39,469 | -63,964 | ||
| Interest expense | 43,711 | 51,319 | ||
| Gain on disposal of equity method investment | - | 1,171,760 | ||
| Gain on derivative instrument | - | 0 | ||
| Relief of indebtedness income | - | -1,697,024 | ||
| Total other (income) expenses | -43,711 | 2,817,465 | ||
| Income (loss) before income taxes | -83,180 | 2,753,501 | ||
| Provision for income tax | - | 0 | ||
| Income (loss) before equity in net income (loss) of equity method investees | -83,180 | 2,753,501 | ||
| Equity in net income (loss) of equity method investees | 300 | 340 | ||
| Impairment of equity method investee, newstem | 5,432 | - | ||
| Net income (loss) | -77,448 | 2,753,841 | ||
| Net income (loss) per share - basic | 0 | 0.06 | ||
| Net income (loss) per share - diluted | 0 | 0.06 | ||
| Weighted average number of shares outstanding - basic | 46,881,475 | 46,881,475 | ||
| Weighted average number of shares outstanding - diluted | 46,881,475 | 47,765,983 | ||
NovelStem International Corp. (NSTM)
NovelStem International Corp. (NSTM)