Internet Sciences (ISI) 10-K 12 Apr 24 2023 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2023	Jun. 30, 2023
Document Information Line Items
Entity Registrant Name	INTERNET SCIENCES INC.
Entity Central Index Key	0001720286
Document Type	10-K
Amendment Flag	false
Entity Voluntary Filers	No
Current Fiscal Year End Date	--12-31
Entity Well Known Seasoned Issuer	No
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	true
Entity Current Reporting Status	Yes
Document Period End Date	Dec. 31, 2023
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2023
Entity Ex Transition Period	true
Entity Public Float		$ 0
Document Annual Report	true
Document Transition Report	false
Document Fin Stmt Error Correction Flag	false
Entity File Number	000-55897
Entity Incorporation State Country Code	DE
Entity Tax Identification Number	81-2775456
Entity Address Address Line 1	667 Madison Ave
Entity Address Address Line 2	5th Floor
Entity Address City Or Town	New York
Entity Address State Or Province	NY
Entity Address Postal Zip Code	10065
City Area Code	212
Icfr Auditor Attestation Flag	false
Local Phone Number	823-6272
Entity Interactive Data Current	Yes
Security 12b Title	3,628,750
Auditor Name	Yusufali & Associates, LLC
Auditor Location	Short Hills, New Jersey
Auditor Firm Id	3313
Class A common shares
Document Information Line Items
Entity Common Stock Shares Outstanding	3,628,750
Class B common shares
Document Information Line Items
Entity Common Stock Shares Outstanding	18,800,000

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current Assets
Cash	$ (10)	$ 0
Total Current Assets	(10)	0
Intellectual Property - Software	24,000	0
Total Other Assets	24,000	0
TOTAL ASSETS	23,990	0
Liabilities
Accounts Payable and Accrued Liabilities	93,556	66,920
Due to Related Party	1,992	115,908
Total Current Liabilities	95,549	182,828
Total Liabilities	95,549	182,828
STOCKHOLDER'S DEFICIT
Additional Paid in Capital	878,065	238,160
Accumulated Deficit	(972,052)	(441,464)
Total Equity	(71,558)	(182,828)
TOTAL Liabilities and Stockholders' Deficit	23,990	0
Common Stock Class A Member
STOCKHOLDER'S DEFICIT
Common Stock Class A, 81,200,000 shares designated, 1,963,750 and 1,675,550 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	3,629	1,676
Common Stock Class B Member
STOCKHOLDER'S DEFICIT
Common Stock Class A, 81,200,000 shares designated, 1,963,750 and 1,675,550 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	$ 18,800	$ 18,800

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Dec. 31, 2023	Dec. 31, 2022
Common stock, par value (in Dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	100,000,000	100,000,000
Class A Common Stock [Member]
Common stock, shares authorized	81,200,000	81,200,000
Common stock, shares issued	1,963,750	1,675,550
Common stock, shares outstanding	1,963,750	1,675,550
Class B Common Stock [Member]
Common stock, shares authorized	18,800,000	18,800,000
Common stock, shares issued	18,800,000	18,800,000
Common stock, shares outstanding	18,800,000	18,800,000

Consolidated Statement of Opera

Consolidated Statement of Operations - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Consolidated Statement of Operations
Revenue	$ 0	$ 0
Operating Expenses
General and Administrative	3,375	1,799
Professional Fees	41,298	5,920
Compensation	485,915	65,138
Total Operating Expenses	530,588	72,857
Operating Loss	(530,588)	(72,857)
Net Loss before Taxes	(530,588)	(72,857)
Income tax provision	0	0
Net Loss before Taxes	(530,588)	(72,857)
Net loss attributable to non-controlling interest	0	0
Net Loss attributable to Internet Scinces, Inc.	$ (530,588)	$ (72,857)
Net loss per share, basic and diluted	$ (0.03)	$ 0
Basic and Diluted Weighted Average Common Shares Outstanding	20,867,902	20,312,235

Consolidated Statement of Chang

Consolidated Statement of Changes in Stockholders Deficit - USD ($)	Total	Additional Paid-In Capital	Accumulated Deficit	Class A Common Stock	Class B Common Stock
Balance, shares at Dec. 31, 2021				1,403,000	18,800,000
Balance, amount at Dec. 31, 2021	$ (178,109)	$ 170,295	$ (368,607)	$ 1,403	$ 18,800
Issuance of common shares for services, shares				51,550
Issuance of common shares for services, amount	12,888	12,836		$ 52
Issuance of common shares for services officers and Directors, shares				209,000
Issuance of common shares for services officers and Directors, amount	52,250	52,041		$ 209
Issuance of common shares for cash at $0.25 per share, shares				12,000
Issuance of common shares for cash at $0.25 per share, amount	3,000	2,988		$ 12
Net Loss	(72,857)	0	(72,857)
Balance, shares at Dec. 31, 2022				1,675,550	18,800,000
Balance, amount at Dec. 31, 2022	(182,828)	238,160	(441,464)	$ 1,676	$ 18,800
Issuance of common shares for services officers and Directors, shares				1,801,000
Issuance of common shares for services officers and Directors, amount	466,415	464,614	0	$ 1,801	0
Net Loss	(530,588)		(530,588)
Issuance of common shares for Intellectual property, shares				12,000
Issuance of common shares for Intellectual property, amount	24,000	23,988	0	$ 12	0
Issuance of common shares for Related Party Debt, shares				116,000
Issuance of common shares for Related Party Debt, amount	120,893	120,777	0	$ 116	0
Issuance of common shares for cash at $1.26 per share, shares				24,200
Issuance of common shares for cash at $1.26 per share, amount	30,550	30,526	0	$ 24	$ 0
Balance, shares at Dec. 31, 2023				3,628,750	18,800,000
Balance, amount at Dec. 31, 2023	$ (71,558)	$ 878,065	$ (972,052)	$ 3,629	$ 18,800

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (547,673)	$ (72,857)
Adjustments to reconcile Net Income to Net Cash:
Stock Based Compensation	483,500	65,138
Changes in Assets and Liabilities
Accounts payable and accrued liabilities	(572,771)	(7,723)
Net cash used in operating activities	(636,945)	(15,442)
CASH FLOWS FROM INVESTING ACTIVIES
Cash used to acquire IP asset	(24,000)	0
Net cash used in investing activities	(24,000)	0
CASH FLOW FROM FINANCING ACTIVITIES
Proceeds from related party	1,992	8,437
Stock Based Repayment of Related Company Debt	120,893	3,000
Stock Based Compensation	483,500
Other Issues of Common Stock	54,550
Net cash provided by financing activities	660,935	11,437
Net change in cash for the period	(10)	(4,005)
Cash at the beginning of the period	0	4,005
Cash at the ending of the period	(10)	0
SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid for income taxes	0	0
Cash paid for interest	0	0
Non-Cash Investing and Financing Activity
Issuance of common shares for repayment of related party accruals	$ 120,893	$ 16,000

ORGANIZATION AND OPERATIONS

ORGANIZATION AND OPERATIONS	12 Months Ended
	Dec. 31, 2023
ORGANIZATION AND OPERATIONS
ORGANIZATION AND OPERATIONS	NOTE 1 - ORGANIZATION AND OPERATIONS Internet Sciences Inc. (“ISI” or the “Company”) was originally incorporated as Luxury Trine Digital Media Group, Inc. in the State of Delaware on May 20, 2016. On October 5, 2018, the Company changed its name to Internet Sciences Inc. ISI is an early-stage emerging diversified information and communications technology company specializing in cutting-edge digital transformation services, including new-media technology; telecommunication and network carrier services; IoT-enabled solutions; and managed ICT, managed cloud services, data centers and co-location services. Based in New York, N.Y., ISI seeks to operate internationally with a global team known for its technological expertise, deep industry knowledge, world-class research and analytical capabilities, and innovative mindset. ISI seeks to transform corporations, enterprises, and government entities by providing best-in-class solutions, rooted in and driven by the technology, data, and organizational strategy required for operational excellence. We plan to have our interdisciplinary teams work in close collaboration with clients, helping them to solve their biggest problems utilizing a user-centric, data-driven approach focusing on creating seamless unified experiences across all digital, communication and physical touchpoints.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanyingconsolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and with the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). Principles of Consolidation The consolidated financial statements include the following subsidiaries: Ownership Country Interest Trine Digital Broadcasting Ltd (TDB) United Kingdom 49 % Institute of Technology, Informatics & Computer Analytics LLC (IoTICA) USA 100 % Analygence Limited (AL) United Kingdom 100 % The Company’s functional and reporting currency is the United States dollar. The functional currency of TDB and AL is the British pound. On consolidation, the subsidiary translates its assets and liabilities to U.S. dollars using foreign exchange rates which prevailed at the balance sheet date and translates its revenues and expenses using average exchange rates during the period. Gains and losses arising on settlement of foreign currency denominated transactions are included in other income (expense), while translation gains (losses) are reported as other comprehensive income (loss). No foreign currency translation or transactions gains or losses were recognized during the years ended December 31, 2023 or 2022 due to the absence of operations in the UK subsidiaries. In the preparation of consolidated financial statements of the Company, intercompany transactions and balances are eliminated in consolidation. Variable Interest Entities The Company holds a 49% noncontrolling interest in Trine Digital Broadcasting Ltd (TDB) as it is solely a party of interest in providing funding to TDB broadcasting projects. Ownership of the intellectual property assets are to remain with TDB. TDB is deemed to be a variable interest entity (“VIE”) as defined in ASC 810-10-25-38, “Consolidation of Variable Interest Entities.” ASC 810 requires a VIE to be consolidated by a company if that company absorbs a majority of the VIE’s expected losses and/or receives a majority of the entity’s expected residual returns as a result of holding variable interests. As ISI owns 49% of the VIE and the founder (CEO) majority shareholder (a related party) of ISI controls the remaining 51%, ISI has been determined to be the primary beneficiary of this VIE. The VIE was formed to expand the business of ISI into the United Kingdom. There are no formal explicit arrangements as of December 31, 2023, that require ISI to provide financial support to the VIE, although financial support is implied by the relationship. There were no assets or liabilities of the VIE as of December 31, 2023. The Company has not provided funding to TDB to date, therefore, there have been no operations. Use of Estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates made by management in the accompanying consolidated financial statements include but are not limited to the fair value of stock-based compensation and the deferred tax asset valuation allowance. Cash and Cash Equivalents ln highly liquid investments with maturity of three months or less are considered to be cash equivalents. The Company places its cash with high credit quality financial institutions. The Company’s accounts at these institutions are each insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $250,000. As of December 31, 2023 and 2022, the Company did not reach bank balances exceeding the FDIC insurance limit. Fair Value of Financial Instruments The Company follows ASC 820, “Fair Value Measurements and Disclosures,” which defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below: Level 1 Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. The fair value of accounts payable and accrued expenses, loans, and due to shareholder approximates their carrying amounts because of their immediate or short-term maturity. The company did not have any Financial Instruments at or as of December 31, 2023 or December 31, 2022 which would require a fair value assessment. Revenue Recognition The Company follows ASC 606, “Revenue from Contracts with Customers,” and plans to recognize revenue from the sale of products and services following the five steps procedure: Step 1: Identify the contract(s) with customers. Step 2: Identify the performance obligations in the contract. Step 3: Determine the transaction price. Step 4: Allocate the transaction price to performance obligations. Step 5: Recognize revenue when the entity satisfies a performance obligation. The Company will recognize revenue as it transfers control of promised services to its customers. The amount of revenue recognized reflects the consideration to which the Company expects to be entitled in exchange for these services. The Company is in its early stage and had no revenues during years ended December 31, 2023 and 2022. Income Taxes Income taxes are determined in accordance with the provisions of ASC 740, “Income Taxes.” Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted income tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Any effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts. As of and for the years ended December 31, 2023 and 2022, the Company did not have any interest and penalties associated with tax positions, or significant unrecognized uncertain tax positions. Stock Based Compensation Stock-based compensation is accounted for based on the requirements of ASC 718, “Compensation – Stock Compensation,” which requires recognition in the financial statements of the cost of employee, director, and non-employee services received in exchange for an award of equity instruments over the period the individual or entity is required to perform the services in exchange for the award (presumptively, the vesting period). The ASC also requires measurement of the cost of the services received in exchange for an award based on the grant-date fair value of the award. Earnings (Loss) per Share The Company computes earnings per share (“EPS”) in accordance with ASC 260, “Earnings per Share.” Basic EPS is measured as the income or loss available to common shareholders divided by the weighted average common shares outstanding for the period. Diluted EPS is similar to basic EPS but presents the dilutive effect on a per share basis of potential common shares (e.g., convertible securities, options, and warrants) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS. The Company’s diluted loss per share is the same as the basic loss per share for the years ended December 31, 2023 and 2022, as the Company didn’t have any potentially-dilutive instruments outstanding. Net loss per share for each class of common stock is as flows: Year Ended December 31, 2023 2022 Net loss per share, basic and diluted (0.03 ) (0.00 ) Net loss per common shares outstanding: Common stock - Class A (0.26 ) (0.05 ) Common stock - Class B (0.03 ) (0.00 ) Total of Class A and Class B (0.03 ) (0.00 ) Weighted average shares outstanding: Class A common stock 2,067,902 1,512,235 Class B common stock 18,800,000 18,800,000 Total weighted average shares outstanding 20,867,902 20,312,235 For years ended December 31, 2023 and 2022, there were no potentially dilutive securities outstanding. Related Parties The Company follows ASC 850,” Related Party Disclosures,” for the identification of related parties and disclosure of related party transactions (see Note 4). Recent Accounting Pronouncements The Company’s management has considered all recent accounting pronouncements and believes that these recent pronouncements will not have a material effect on the Company’s financial statements.

GOING CONCERN CONSIDERATIONS

GOING CONCERN CONSIDERATIONS	12 Months Ended
	Dec. 31, 2023
GOING CONCERN CONSIDERATIONS
GOING CONCERN CONSIDERATIONS	NOTE 3 - GOING CONCERN CONSIDERATIONS The accompanying consolidated financial statements are prepared assuming the Company will continue as a going concern. As of December 31, 2023, the Company had an accumulated deficit of $972,052 a stockholders’ deficit of $71,558 and a working capital deficiency of $95,558. For the year ended December 31, 2023, the Company had a net loss of $530,588 and cash used in operating activities of $636,945. These matters raise substantial doubt about the Company’s ability to continue as a going concern for a period of twelve months from the issue date of this report. The ability of the Company to continue as a going concern is dependent upon initiating sales, obtaining additional capital, and financing. The Company plans to raise funds through its planned Initial Public Offering and through a pre-listing private market raise. There is currently no public market for our common stock. While the Company believes in the viability of its strategy to initiate sales volume and in its ability to raise additional funds, there can be no assurances to that effect. The consolidated financial statements do not include adjustments to reflect the possible effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the outcome of this uncertainty.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2023
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS	NOTE 4 - RELATED PARTY TRANSACTIONS During the years ended December 31, 2023 and 2022, the Company’s CEO advanced $122,885 and $115,908, respectively, in non-interest-bearing demand loans to the Company, and was repaid $120,893 and $0, respectively. As of December 31, 2023 and 2022, there were $1,192 and $115,908, respectively, due to the Company’s CEO. During the years ended December 31, 2023 and 2022, the Company issued 1,801,000 and 209,000 shares, respectively, of Class A common stock to its officers and directors for services rendered to the Company. The shares were valued at fair market value of $0.26 (2023) and $0.25 (2022) per share, for total compensation of $466,415 and $52,250 during the years ended December 31, 2023 and 2022, respectively. As of December 31, 2022, the company’s CEO had advanced $120,893 in non-interest bearing demand loans to the company. In 2023, the company issued 116,000 worth of Class A common stock to the Company’s CEO in repayment of the advances made to the company in 2022. Those shares were valued at $1.04 per share for a total repayment amount of $120,893.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2023
INCOME TAXES
Income taxes	NOTE 5 - INCOME TAXES For the years ended December 31, 2023 and 2022, the local (“United States of America”) and foreign components (“United Kingdom”) of loss before income taxes were comprised of the following: For the Year Ended December 31, 2023 2022 Tax jurisdiction from: - Local $ (530,588 ) $ (72,857 ) - Foreign - - Loss before income taxes $ (530,588 ) $ (72,857 ) United States of America Internet Sciences Inc. is registered in the State of Delaware and is subject to the tax laws of United States of America. The components of the Company’s deferred tax asset and reconciliation of income taxes are computed at the new statutory rate of 21% to the income tax amount recorded as of December 31, 2023 and December 31, 2022. As of December 31, 2023, the operations in the United States of America had incurred $972,052 of cumulative net operating losses (“NOL”) which can be carried forward to offset future taxable income. The net operating loss carryforwards begin to expire in 2039 if unutilized. NOLs generated in tax years prior to December 31, 2017, can be carryforward for twenty years, whereas NOLs generated after December 31, 2017, can be carryforward indefinitely. In accordance with Section 382 of the U.S. Internal Revenue Code. The Company has provided for a full valuation allowance against the deferred tax assets of $189,851 on the expected future tax benefits from the net operating loss carryforwards as the management believes it is more likely than not that these assets will not be realized in the future. United Kingdom The Company’s subsidiary operating in United Kingdom are subject to the United Kingdom Profits Tax at a standard income tax rate of 19% on the assessable income arising in United Kingdom during its tax year. During the years ended December 31, 2023 and 2022, the operating activity of subsidiary was $0.

EQUITY

EQUITY	12 Months Ended
	Dec. 31, 2023
EQUITY
EQUITY	NOTE 6 - EQUITY The Company has authorized 100,000,000 shares of common stock, par value of $0.001 per share, with 81,200,000 shares of common stock -class A designated and 18,800,000 shares of common stock -class B designated. Each holder of common stock-class A and common stock-class B is entitled to one vote and three votes, respectively, for each such share outstanding in the holder’s name. Common Stock- class A During the years ended December 31, 2023 and 2022, the Company issued 1,801,000 and 209,000 shares, respectively, of Class A common stock to its officers and directors for services rendered to the Company. The shares were valued at fair market value of $0.26 (2023) and $0.25 (2022) per share, for total compensation of $466,415 and $52,250 during the years ended December 31, 2023 and 2022, respectively. During the years ended December 31, 2023 and 2022, the Company issued 0 and 51,550 shares of Class A common stock to third parties for services rendered to the Company. The shares issued in 2022 were valued at fair market value of $0.25 per share for total compensation expense of $12,888. During the years ended December 31, 2023 and 2022, the Company issued 24,200 and 12,000 shares of Class A common stock for cash. The shares were valued at fair market value of $1.26 (2023) and $.025 (2022) per share for total proceeds of $30,550 and $3,000 during the years ended December 31, 2023 and 2022, respectively. During the year December 31, 2023, the company issued 12,000 shares of Class A common stock to third parties for the acquisition of an IP Asset. The shares were valued at $2.00 per share for a total acquisition amount of $24,000. As of December 31, 2022, the company’s CEO had advanced $120,893 in non-interest bearing demand loans to the company. In 2023, the company issued 116,000 worth of Class A common stock to the Company’s CEO in repayment of the advances made to the company in 2022. Those shares were valued at $1.04 per share for a total repayment amount of $120,893. As of December 31, 2023 and 2022, the Company had 3,682,750 and 1,675,550 shares of common stock-class A issued and outstanding, respectively. Common Stock- class B As of December 31, 2023 and 2022, the Company had 18,800,000 shares of common stock-class B issued and outstanding. There were no issuances of class B during 2023 or 2022.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2023
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 7 - SUBSEQUENT EVENTS The Company has evaluated events occurring from December 31, 2023, through the date these financial statements were issued and noted no items requiring disclosure. Common Stock- class A

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Presentation	The accompanyingconsolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and with the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”).
Principles of Consolidation	The consolidated financial statements include the following subsidiaries: Ownership Country Interest Trine Digital Broadcasting Ltd (TDB) United Kingdom 49 % Institute of Technology, Informatics & Computer Analytics LLC (IoTICA) USA 100 % Analygence Limited (AL) United Kingdom 100 % The Company’s functional and reporting currency is the United States dollar. The functional currency of TDB and AL is the British pound. On consolidation, the subsidiary translates its assets and liabilities to U.S. dollars using foreign exchange rates which prevailed at the balance sheet date and translates its revenues and expenses using average exchange rates during the period. Gains and losses arising on settlement of foreign currency denominated transactions are included in other income (expense), while translation gains (losses) are reported as other comprehensive income (loss). No foreign currency translation or transactions gains or losses were recognized during the years ended December 31, 2023 or 2022 due to the absence of operations in the UK subsidiaries. In the preparation of consolidated financial statements of the Company, intercompany transactions and balances are eliminated in consolidation. Variable Interest Entities The Company holds a 49% noncontrolling interest in Trine Digital Broadcasting Ltd (TDB) as it is solely a party of interest in providing funding to TDB broadcasting projects. Ownership of the intellectual property assets are to remain with TDB. TDB is deemed to be a variable interest entity (“VIE”) as defined in ASC 810-10-25-38, “Consolidation of Variable Interest Entities.” ASC 810 requires a VIE to be consolidated by a company if that company absorbs a majority of the VIE’s expected losses and/or receives a majority of the entity’s expected residual returns as a result of holding variable interests. As ISI owns 49% of the VIE and the founder (CEO) majority shareholder (a related party) of ISI controls the remaining 51%, ISI has been determined to be the primary beneficiary of this VIE. The VIE was formed to expand the business of ISI into the United Kingdom. There are no formal explicit arrangements as of December 31, 2023, that require ISI to provide financial support to the VIE, although financial support is implied by the relationship. There were no assets or liabilities of the VIE as of December 31, 2023. The Company has not provided funding to TDB to date, therefore, there have been no operations.
Use of Estimates	The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates made by management in the accompanying consolidated financial statements include but are not limited to the fair value of stock-based compensation and the deferred tax asset valuation allowance.
Cash and Cash Equivalents	ln highly liquid investments with maturity of three months or less are considered to be cash equivalents. The Company places its cash with high credit quality financial institutions. The Company’s accounts at these institutions are each insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $250,000. As of December 31, 2023 and 2022, the Company did not reach bank balances exceeding the FDIC insurance limit.
Fair Value of Financial Instruments	The Company follows ASC 820, “Fair Value Measurements and Disclosures,” which defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below: Level 1 Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. The fair value of accounts payable and accrued expenses, loans, and due to shareholder approximates their carrying amounts because of their immediate or short-term maturity. The company did not have any Financial Instruments at or as of December 31, 2023 or December 31, 2022 which would require a fair value assessment.
Revenue Recognition	The Company follows ASC 606, “Revenue from Contracts with Customers,” and plans to recognize revenue from the sale of products and services following the five steps procedure: Step 1: Identify the contract(s) with customers. Step 2: Identify the performance obligations in the contract. Step 3: Determine the transaction price. Step 4: Allocate the transaction price to performance obligations. Step 5: Recognize revenue when the entity satisfies a performance obligation. The Company will recognize revenue as it transfers control of promised services to its customers. The amount of revenue recognized reflects the consideration to which the Company expects to be entitled in exchange for these services. The Company is in its early stage and had no revenues during years ended December 31, 2023 and 2022.
Income Taxes	Income taxes are determined in accordance with the provisions of ASC 740, “Income Taxes.” Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted income tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Any effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts. As of and for the years ended December 31, 2023 and 2022, the Company did not have any interest and penalties associated with tax positions, or significant unrecognized uncertain tax positions.
Stock Based Compensation	Stock-based compensation is accounted for based on the requirements of ASC 718, “Compensation – Stock Compensation,” which requires recognition in the financial statements of the cost of employee, director, and non-employee services received in exchange for an award of equity instruments over the period the individual or entity is required to perform the services in exchange for the award (presumptively, the vesting period). The ASC also requires measurement of the cost of the services received in exchange for an award based on the grant-date fair value of the award.
Earnings (Loss) per Share	The Company computes earnings per share (“EPS”) in accordance with ASC 260, “Earnings per Share.” Basic EPS is measured as the income or loss available to common shareholders divided by the weighted average common shares outstanding for the period. Diluted EPS is similar to basic EPS but presents the dilutive effect on a per share basis of potential common shares (e.g., convertible securities, options, and warrants) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS. The Company’s diluted loss per share is the same as the basic loss per share for the years ended December 31, 2023 and 2022, as the Company didn’t have any potentially-dilutive instruments outstanding. Net loss per share for each class of common stock is as flows: Year Ended December 31, 2023 2022 Net loss per share, basic and diluted (0.03 ) (0.00 ) Net loss per common shares outstanding: Common stock - Class A (0.26 ) (0.05 ) Common stock - Class B (0.03 ) (0.00 ) Total of Class A and Class B (0.03 ) (0.00 ) Weighted average shares outstanding: Class A common stock 2,067,902 1,512,235 Class B common stock 18,800,000 18,800,000 Total weighted average shares outstanding 20,867,902 20,312,235 For years ended December 31, 2023 and 2022, there were no potentially dilutive securities outstanding.
Related Parties	The Company follows ASC 850,” Related Party Disclosures,” for the identification of related parties and disclosure of related party transactions (see Note 4).
Recent Accounting Pronouncements	The Company’s management has considered all recent accounting pronouncements and believes that these recent pronouncements will not have a material effect on the Company’s financial statements.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Summary of Principles of Consolidation	Ownership Country Interest Trine Digital Broadcasting Ltd (TDB) United Kingdom 49 % Institute of Technology, Informatics & Computer Analytics LLC (IoTICA) USA 100 % Analygence Limited (AL) United Kingdom 100 %
Schedule of Net loss per share	Year Ended December 31, 2023 2022 Net loss per share, basic and diluted (0.03 ) (0.00 ) Net loss per common shares outstanding: Common stock - Class A (0.26 ) (0.05 ) Common stock - Class B (0.03 ) (0.00 ) Total of Class A and Class B (0.03 ) (0.00 ) Weighted average shares outstanding: Class A common stock 2,067,902 1,512,235 Class B common stock 18,800,000 18,800,000 Total weighted average shares outstanding 20,867,902 20,312,235

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2023
INCOME TAXES
Schedule of the local and foreign components of loss before income taxes	For the Year Ended December 31, 2023 2022 Tax jurisdiction from: - Local $ (530,588 ) $ (72,857 ) - Foreign - - Loss before income taxes $ (530,588 ) $ (72,857 )

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	12 Months Ended
	Dec. 31, 2023
Trine Digital Broadcasting Ltd (TDB) [Member]
Country	United Kingdom
Ownership Interest	49%
Institute of Technology, Informatics & Computer Analytics LLC (IoTICA) [Member]
Country	USA
Ownership Interest	100%
Analygence Limited (AL) [Member]
Country	United Kingdom
Ownership Interest	100%

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Net loss per share, basic	$ (0.03)	$ 0
Class A Common Stock [Member]
Net loss per common shares outstanding	$ (0.26)	$ (0.05)
Weighted average shares outstanding (in Shares)	2,067,902	1,512,235
Class B Common Stock [Member]
Net loss per common shares outstanding	$ (0.03)	$ 0
Weighted average shares outstanding (in Shares)	18,800,000	18,800,000
Class A and B Common Stock [Member]
Net loss per common shares outstanding	$ (0.03)	$ 0
Weighted average shares outstanding (in Shares)	20,867,902	20,312,235

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Federal deposit insurance corporation	$ 250,000	$ 250,000
Trine Digital Broadcasting Ltd (TDB) [Member]
Percentage of variable interest entity	49%
Remaining Shares [Member]
Percentage of variable interest entity	51%
Variable Interest Entity [Member]
Percentage of variable interest entity	49%

GOING CONCERN CONSIDERATIONS (D

GOING CONCERN CONSIDERATIONS (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
GOING CONCERN CONSIDERATIONS
Accumulated deficit	$ (972,052)	$ (441,464)
Working capital deficiency	95,558
Stockholders' deficit	71,558
Net loss	(530,588)	(72,857)
Cash used in operating activities	$ (636,945)	$ (15,442)

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Received advances amount	$ 122,885	$ 115,908
Due to Employees	1,192	115,908
Issuance of common stock	$ 1,801,000	$ 209,000
Fair market value per share (in Dollars per share)	$ 0.26	$ 0.25
Employee Stock Ownership Plan (ESOP), Compensation Expense	$ 466,415	$ 52,250
Stock Based Repayment of Related Company Debt	$ 120,893
Issued Share	116,000
CEO [Member]
Stock Based Repayment of Related Company Debt	$ 120,893	$ 0

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
INCOME TAXES
Local	$ (530,588)	$ (72,857)
Foreign	0	0
Loss before income taxes	$ (530,588)	$ (72,857)

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Deferred Tax Assets, Operating Loss Carryforwards, Foreign	$ 0
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21%	21%
Disposal Group, Including Discontinued Operation, Operating Income (Loss)	$ 972,052
Government Assistance, Transaction Duration	20 years
Deferred Tax Assets, Net of Valuation Allowance	$ 189,851
United Kingdom [Member]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	19%

EQUITY (Details Narrative)

EQUITY (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Stock Based Repayment of Related Company Debt	$ 120,893
Stock Based Repayment of Related Company Debt		$ 120,893
Common Stock Shares Authorized	100,000,000	100,000,000
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common stock shares issued	1,801,000	209,000
Common stock par value (in Dollars per share)	$ 0.26	$ 0.25
Total compensation expense	$ 466,415	$ 52,250
Sale of Stock, Number of Shares Issued in Transaction	24,200	12,000
Share price		$ 1.04
Class A Common Stock [Member]
Shares issued for acquisition, shares	12,000
Shares issued for acquisition, amount	$ 24,000
Common Stock Shares Authorized	81,200,000	81,200,000
Common stock shares issued	3,682,750	1,675,550
Common stock share outstanding	1,675,550	1,675,550
Common stock par value (in Dollars per share)	$ 1.26	$ 0.25
Total compensation expense	$ 30,550	$ 3,000
Share price	$ 2
Class B Common Stock [Member]
Common Stock Shares Authorized	18,800,000	18,800,000
Common stock shares issued	18,800,000	18,800,000
Common stock share outstanding	18,800,000	18,800,000
CEO [Member]
Stock Based Repayment of Related Company Debt	$ 120,893	$ 0
Shares issued to related parties	116,000
Third Parties Service Rendered [Member]
Common stock shares issued	0	51,550
Common stock par value (in Dollars per share)		$ 0.25
Total compensation expense	$ 12,888