$BASA

PayMeOn, Inc.

CIK:0001448705|SEC Filings

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Income Statement [Abstract]
Revenues	$ 1,513	$ 62,836	$ 67,459	$ 209,176
Cost of sales	109,878	31,126	148,185	65,579
Gross profit	(108,365)	31,710	(80,726)	143,597
Operating expenses
General and administrative expenses	175,616	168,857	863,542	508,206
Total operating expenses	175,616	168,857	863,542	508,206
Operating loss	(283,981)	(137,147)	(944,268)	(364,609)
Interest expense	(193,700)	(192,930)	(700,404)	(676,607)
Other (income) expense	235,562	0	235,562	357
Gain(loss)	35,581	43,915	35,581	(43,915)
Loss before income taxes	(206,538)	(373,992)	(1,373,529)	(1,085,131)
Less Income tax expense	0	0	0	0
Net loss	$ (206,538)	$ (373,992)	$ (1,373,529)	$ (1,085,131)
Weighted average shares, basic	267,560,840	260,156,796	263,194,353	260,156,796
Weighted average shares, diluted	267,560,840	260,156,796	263,194,353	260,156,796
Earnings per share, basic	$ (0.00)	$ (0.03)	$ (0.00)	$ (0.01)
Earnings per share, diluted	$ (0.00)	$ (0.03)	$ (0.00)	$ (0.01)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024
Cash used in Operating activities
Net loss	$ (1,373,529)	$ (1,085,131)
Adjustment to reconcile net loss to net cash used in operating activities:
Depreciation & amortization	86,418	91,639
Lease right of use depreciation	56,915	56,915
Gain on settlement	(35,580)	0
Shares issued for services	244,333	15,000
Changes in operating assets and liabilities:
Accounts receivable	7,410	690
Other current assets	(56,915)	0
Other current liabilities	483,638	646,880
Lease liability	0	(56,915)
Net cash flows from operating activities	(587,310)	(330,922)
Investing activities
Net cash flows from investing activities	0	0
Financing activities
Bank overdrafts	88	0
Proceeds from related parties	505,000	278,000
Net cash flows from financing activities	505,088	278,000
Increase (decrease) in cash during the year	(82,222)	(52,922)
Cash, beginning of the period	82,222	55,248
Cash, end of the period	0	2,326
Supplemental disclosures
Cash paid for income taxes	0	0
Cash paid for interest	$ 0	$ 0

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)	Sep. 30, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 0	$ 82,222
Accounts receivable	43,349	50,759
Total current assets	43,349	132,981
Property and equipment, net	81,890	132,728
Total assets	125,239	265,709
Current liabilities
Accounts payable	1,687,615	1,733,422
Accruals and other current liabilities	2,820,322	1,815,877
Note payable - related party	2,683,000	2,653,000
Convertible debt - related party	2,144,357	2,144,357
Shareholder loans	475,000	475,000
Bank indebtedness	88	0
Short-term notes payable	270,000	270,000
Total current liabilities	10,080,382	9,091,656
Total liabilities	10,080,382	9,091,656
Commitments and Contingencies (Note 7)
Shareholders' Deficit
Preferred stock, $0.001 par value. 5,000,000 authorized, non-issued and outstanding	0	0
Common stock, 1,000,000,000 shares authorized, $0.001 par value, 267,560,840 and 260,157,796 issued and outstanding at September 30, 2025 and December 31, 2024, respectively	267,561	260,157
Additional paid in capital	49,142,610	48,905,681
Accumulated deficit	(59,365,314)	(57,991,785)
Total shareholders' deficit	(9,955,143)	(8,825,947)
Total liabilities and shareholders' deficit	$ 125,239	$ 265,709