Pipergy Inc.
CIK:0001803827|SEC Filings
STATEMENT OF OPERATIONS |
12 Months Ended |
|---|---|
|
Dec. 31, 2020
USD ($)
shares
| |
| Expenses: | |
| Operating Expenses | $ 159,939 |
| Interest Expense | 1,202 |
| Total Expenses | 161,141 |
| Loss Before Income Taxes | (161,141) |
| Income Tax Expense | 0 |
| NET LOSS | $ (161,141) |
| Weighted Average Number of Shares (basic and diluted) | shares | 31,020,672 |
STATEMENT OF CASH FLOWS (Unaudited) |
12 Months Ended |
|---|---|
|
Dec. 31, 2020
USD ($)
| |
| Cash Flows from Operating Activities: | |
| Net Loss | $ (161,141) |
| Adjustments to Reconcile Net Loss to Net Cash Used by Operating Activities: | |
| Stock based compensation | 32,452 |
| Change in Operating Assets and Liabilities: | |
| A/P and Accrued Expenses | 104,535 |
| Prepaid Expenses | (154) |
| Net Cash Used by Operating Activities | (24,308) |
| Cash Flows from Investing Activities: | 0 |
| Cash Flows from Financing Activities: | |
| Proceeds from Related Party Note Payable | 25,000 |
| Net Cash Provided by Financing Activities | 25,000 |
| Net Increase (Decrease) in Cash | 692 |
| Cash and Cash Equivalents, at Carrying Value, Beginning Balance | 0 |
| Cash and Cash Equivalents, at Carrying Value, Ending Balance | 692 |
| Supplemental Disclosures of Cash Flow Information: | |
| Interest | 0 |
| Income taxes | $ 0 |
BALANCE SHEET |
Dec. 31, 2020
USD ($)
|
|---|---|
| CURRENT ASSETS: | |
| Cash | $ 692 |
| Prepaid Expenses | 154 |
| Total Current Assets | 846 |
| CURRENT LIABILITIES: | |
| Accounts Payable | 36,648 |
| Advances - Related Parties | 23,152 |
| Accrued Expenses | 43,533 |
| Notes Payable - Related Party | 25,000 |
| Accrued Interest | 1,202 |
| Total Current Liabilities | 129,535 |
| STOCKHOLDERS' DEFICIT: | |
| Preferred Stock, Value | 0 |
| Common Stock, Value | 32,452 |
| Accumulated Deficit | (161,141) |
| Total Stockholders' Deficit | (128,689) |
| Total Liabilities and Stockholders' Deficit | $ 846 |