v3.25.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Cash flows from operating activities:          
Net loss $ (78,819) $ (317,668) $ (164,779) $ (797,019)  
Adjustment to reconcile net loss used in operating activities:          
Gain from discontinued operations     (6,532)  
Depreciation and amortization     8,823 6,421  
Share-based compensation 210,000 570,000 $ 501,346
Changes in operating assets and liabilities:          
Prepaid expenses and other current assets     28,605 22,666  
Inventories     426 (4,446)  
Accounts payable and accrued liabilities     26,959 (9,825)  
Advances from customers     (25,705)  
Net cash used in operating activities     (99,966) (244,440)  
Cash flows from investing activities:          
Purchases of property and equipment     (4,424)  
Net cash used in investing activities     (4,424)  
Cash flows from financing activities:          
Borrowings from loan payable     30,495  
Borrowings from shareholder loan payable     50,968 20,097  
Repayment on shareholder loan payable     (31,205) (195,594)  
Proceeds from issuance of common stock     48,277 407,098  
Net cash provided by financing activities     68,040 262,096  
Effect of exchange rate changes in cash and cash equivalents     5,679 1,311  
Net increase (decrease) in cash and cash equivalents     (26,247) 14,543  
Cash and cash equivalents, beginning balance     27,208 18,449 18,449
Cash and cash equivalents, ending balance $ 961 $ 32,992 961 32,992 $ 27,208
Supplement Disclosures:          
Interest paid      
Income tax paid      
Supplemental Disclosures of Non-Cash Investing and Financing Activities          
Common stocks issued for debt settlement     $ 83,847