For the quarter ending 2026-01-31, SRCO had $36,509 increase in cash & cash equivalents over the period.
| Cash Flow | 2026-01-31 | 2025-10-31 | 2025-07-31 | 2025-04-30 |
|---|---|---|---|---|
| Extinguishment of convertible notes payable | - | - | - | 0 |
| Net loss | -405,288 | -519,534 | -474,391 | -2,114,718 |
| Loss (gain) from change in fair value of derivative liabilities | 146,598 | -69,877 | -36,686 | -266,658 |
| Cash flows from investing activities | - | - | 0 | 0 |
| Stocks issued as note holder incentive | - | - | 0 | 18,895 |
| Financing cost | - | - | 1,867 | 56,928 |
| Non-cash financing cost | 15,999 | 9,365 | - | - |
| Shares issued for services | 9,602 | 92,540 | 54,435 | 232,856 |
| Default shares issued | 154,300 | - | - | - |
| Accounts receivable | 1,510 | 1,529 | -174 | -1,557 |
| Other assets | - | 21,065 | 179,512 | 606,802 |
| Inventory | -2,580 | -554 | 0 | 1,603 |
| Loans receivable | 237,179 | - | - | - |
| Conversion of notes payable to equity | - | - | - | 85,000 |
| Accounts payable and accrued expenses | 224,026 | 176,734 | 214,070 | 831,552 |
| Change in related parties | - | - | - | 0 |
| Net cash used in operating activities | -183,491 | -194,925 | -346,671 | -1,229,677 |
| Bank overdraft | - | - | - | 0 |
| Proceeds from sale of stock | 50,000 | 70,000 | 95,000 | 764,571 |
| Repayment of related party loans | - | - | - | 844 |
| Net proceeds from notes payable | 176,000 | 150,000 | 166,000 | 525,000 |
| Conversion of promissory notes | - | - | - | 0 |
| Repayments of notes payable | 6,000 | 36,800 | - | 29,000 |
| Net cash provided by financing activities | 220,000 | 183,200 | 261,000 | 1,259,727 |
| Net decrease in cash | 36,509 | -11,725 | -85,671 | 30,050 |
| Cash and cash equivalents, beginning of period | 33,607 | 45,332 | 131,003 | - |
| Cash and cash equivalents , end of period | 70,116 | 33,607 | 45,332 | - |
SPARTA COMMERCIAL SERVICES, INC. (SRCO)
SPARTA COMMERCIAL SERVICES, INC. (SRCO)