$AGTX
FairWind Energy Inc.
CIK:0001603345|SEC Filings
Unaudited Consolidated Statements of Operations - USD ($) |
3 Months Ended | |
|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Operating Expenses | ||
| Professional fees | $ 62,084 | $ 82,625 |
| Research and development | 16,635 | 100,000 |
| General and administrative expenses | 16,785 | 17,717 |
| Total operating expenses | 95,504 | 200,342 |
| Loss from operations | (95,504) | (200,342) |
| Other (income) expense | ||
| Foreign exchange gain (loss) | 0 | (15,140) |
| Interest expense, net | 22,170 | 21,226 |
| Other income | 0 | (20,604) |
| Other loss (income), net | 22,170 | (14,518) |
| Loss before income tax provision | (117,674) | (185,824) |
| Income tax provision | 0 | 0 |
| Net loss | (117,674) | (185,824) |
| Other comprehensive income | ||
| Change in foreign currency translation, net of tax | (608) | 18,307 |
| Total comprehensive loss | $ (118,282) | $ (167,517) |
| Loss per share | ||
| - Basic and diluted | $ (0.00) | $ (0.00) |
| Weighted average common shares outstanding | ||
| - Basic and diluted | 40,066,951 | 40,066,951 |
Unaudited Consolidated Statements of Cash Flows - USD ($) |
3 Months Ended | |
|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Cash Flows from Operating Activities | ||
| Net loss | $ (117,674) | $ (185,824) |
| Changes in operating assets and liabilities: | ||
| Prepayments and other current assets | 1 | 95,797 |
| Accrued expenses, accounts payable and accounts payable-related party | 91,301 | (28,344) |
| Net Cash Provided by (Used in) Operating Activities | (26,372) | (118,371) |
| Cash Flows from Investing Activities | 0 | 0 |
| Cash Flows from Financing Activities | ||
| Proceeds from issuance of debt | 26,250 | 100,000 |
| Net Cash Provided by Financing Activities | 26,250 | 100,000 |
| Effects of Foreign Exchange Rate Changes on Cash | (611) | 18,306 |
| Net Change in Cash | (733) | (65) |
| Cash - beginning of reporting period | 771 | 4,477 |
| Cash - end of reporting period | 38 | 4,412 |
| Supplemental disclosure of cash flow information: | ||
| Interest paid | 0 | 0 |
| Income tax paid | $ 0 | $ 0 |