v3.25.2
Condensed Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss attributable to Spectral Capital Corporation $ (3,270,544) $ (215,387)
Adjustments to reconcile net loss to net cash used in by operating activities:    
Non-controlling interest 0 (90)
Stock-based compensation 1,165,151 0
Excess value of common stock issued to settle liabilities 265,591 0
Changes in operating assets and liabilities    
Accounts receivable 0 25,000
Prepaids and other assets (6,500) 0
Due to related parties - accrued salary 144,000 144,000
Accounts payable and accrued expenses 48,343 (1,055)
Net cash used in operating activities (1,653,959) (47,532)
CASH FLOWS FROM INVESTING ACTIVITIES    
Net cash used in investing activities 0 0
CASH FLOWS FROM FINANCING ACTIVITIES    
Short-term advances 0 36,450
Proceeds from related party advances 596,199 650
Proceeds from sale of common and preferred stock 1,164,995 0
Net cash provided by financing activities 1,761,194 37,100
Effect of exchange rate changes on cash 0 0
Change in cash and cash equivalents 107,235 (10,432)
Cash and cash equivalents, beginning of period 240 10,672
Cash and cash equivalents, end of period 107,475 240
Supplemental disclosure of cash flow information    
Cash paid for interest 0 0
Cash paid for income taxes 0 0
Non-cash investing and financing activities    
Common stock issued for assets 88,100 0
Settlement of a liability by a shareholder $ 0 $ 75,000