Ownership / Graphene & Solar Technologies Limited | Tables in SEC filings

GSTX Graphene & Solar Technologies Limited

Quarterly report


	June 30,		September 30,
	2024 (Unaudited)		2023
Assets
Current Assets:
Cash	$	1,083	$	1,094
Prepaid expenses		11,393		11,108
Total Current Assets		12,476		12,202
Other Assets:
Furniture and equipment, net of depreciation $79,291		706		937
Other receivable		1,000		4,015
Assets held for sale		—		976
Total Assets	$	14,182	$	18,130

Liabilities and Stockholders’ Deficit
Current Liabilities:
Accounts payable and other payable	$	1,118,599	$	1,273,453
Accrued interest payable		208,512		184,851
Due to related party		753,647		1,759,601
Notes payable, $60,000 in default		60,000		60,000
Notes payable – related party		53,543		71,713
Convertible notes payable, $100,747 in default		100,747		100,747
Convertible notes payable – related party, net of discount $8,560 and $0		79,949		—
Liabilities held for sale		—		1,546,794
Total Current Liabilities		2,374,997		4,997,159

Total Liabilities	$	2,374,997	$	4,997,159

Stockholders’ Deficit:
Preferred stock: 10,000,000 shares authorized; $0.00001 par value; no shares issued and outstanding		—		—
Common stock: 800,000,000 shares authorized; $0.00001 par value; 451,269,917 and 421,292,610 shares issued and outstanding		4,513		4,213
Additional paid-in capital		67,724,760		63,883,859
Stock Receivable		(795,000)		(795,000)
Stock Payable		—		—
Accumulated deficit		(69,538,679)		(68,375,078)
Accumulated other comprehensive income		243,591		302,977
Total Stockholders’ Deficit		(2,360,815)		(4,979,029)

Total Liabilities and Stockholders’ Deficit	$	14,182	$	18,130


	Three Months Ending June 30				Nine Months Ending June 30
	2024		2023		2024		2023
Revenues	$—		$—		$—		$—

Operating expenses
Professional Services		275,151		322,155		972,805		610,262
General and administrative		29,674		76,099		68,598		130,737
Total operating expenses		304,825		398,254		1,041,403		740,999

Loss from operations		(304,825)		(398,254)		(1,041,403)		(740,999)

Other income (expense)
Other income		4,792		8,116		18,632		25,078
Interest expense		(13,098)		(5,375)		(35,822)		(15,510)
Loss on extinguishment of debt		(1,700)		48		(1,700)		(40,393)
Total other income (expense)		(10,006)		2,789		(18,890)		(30,825)

Discontinued Operations
Loss from Discontinued Operations		103,308		—		103,308		—

Net Income (Loss)	$	(418,139)	$	(395,465)	$	(1,163,601)	$	(771,824)

Other Comprehensive Income	$	(38,243)	$	22,695	$	(59,386)	$	(35,194)

Net Comprehensive Loss	$	(456,382)	$	(372,770)	$	(1,222,987)	$	(807,018)

Income (Loss) per share:
Basic and diluted	$	(0.00)	$	(0.00)	$	(0.00)	$	(0.00)

Weighted average shares outstanding		427,075,459		384,009,643		424,277,899		377,541,938

Supplemental cash flow information	Quarter ended June 30,
	2024		2023
Interest paid	$	—	$	—
Taxes	$	—	$	—
Noncash investing and financing activities:
Settlement of Debt for Common Stock		2,003,187		24,818
Issuance of Common Stock as Debt Discount		20,721		—

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