$MIBE

MIAMI BREEZE CAR CARE INC

CIK:0001872066|SEC Filings

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Income Statement [Abstract]
SALES	$ 340,017	$ 1,945	$ 662,907	$ 5,897
COST OF SALES	316,778	793	509,000	2,703
GROSS PROFIT	23,239	1,152	153,907	3,194
OPERATING EXPENSES:
Advertising and promotion	78,898	708	128,781	3,536
Professional fees	369,154	35,296	548,942	125,373
Professional fees - related parties	57,833	54,870	226,802	172,370
General and administrative expenses	181,490	7,415	293,633	22,270
Impairment loss	(0)	14,158	(0)	14,158
Total Operating Expenses	687,375	112,447	1,198,158	337,707
LOSS FROM OPERATIONS	(664,136)	(111,295)	(1,044,251)	(334,513)
OTHER INCOME (EXPENSE):
Interest income	200		415
Interest expense	(4,811)		(9,401)
Gain on extinguishment of debt - related party	104,825		104,825
Foreign currency transaction gain (loss)	(69,836)	232	(44,665)	(466)
Total Other Income (Expense), net	30,378	232	51,174	(466)
LOSS BEFORE PROVISION FOR INCOME TAXES	(633,758)	(111,063)	(993,077)	(334,979)
PROVISION FOR INCOME TAXES	(11,731)		(11,731)
NET LOSS	(645,489)	(111,063)	(1,004,808)	(334,979)
COMPREHENSIVE LOSS:
Net loss	(645,489)	(111,063)	(1,004,808)	(334,979)
Other comprehensive gain (loss):
Unrealized foreign currency translation gain (loss)	(4,669)		16,823
Comprehensive loss	$ (650,158)	$ (111,063)	$ (987,985)	$ (334,979)
NET LOSS PER COMMON SHARE:
Net Loss Per Common Share basic	$ (0.02)	$ (0.00)	$ (0.04)	$ (0.01)
Net Loss Per Common Share diluted	$ (0.02)	$ (0.00)	$ (0.04)	$ (0.01)
WEIGHTED AVERAGE COMMON SHARE OUTSTANDING:
Basic weighted average shares outstanding	28,899,000	33,606,966	25,137,464	33,580,725
Diluted weighted average shares outstanding	28,899,000	33,606,966	25,137,464	33,580,725

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (1,004,808)	$ (334,979)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation expense	11,521
Stock-based professional fees		70,000
Impairment loss	(0)	14,158
Change in operating assets and liabilities:
Accounts receivable	(34,099)
Inventory	(343,682)	9,137
Prepaid expenses and other current assets	(48,429)	17,355
Prepaid expenses - related party		2,370
Accounts payable	(113,612)	47,818
Accounts payable - related party	(29,950)
Contract liabilities	2,180
NET CASH USED IN OPERATING ACTIVITIES	(1,560,879)	(174,141)
CASH FLOWS FROM INVESTING ACTIVITIES:
Cash acquired in acquisition	441,332
Purchase of property and equipment	(32,085)
NET CASH PROVIDED BY INVESTING ACTIVITIES	409,247
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from sale of common stock	1,940,812	76,000
Payment of deferred offering costs		(10,000)
Proceeds from related party advances	127,697
Payment of acquisition payable	(317,986)
Proceeds from sale of common stock yet to be issued		36,600
NET CASH PROVIDED BY FINANCING ACTIVITIES	1,750,523	102,600
NET INCREASE (DECREASE) IN CASH	598,891	(71,541)
Effect of exchange rate changes on cash	10,426
CASH, beginning of period	3,743	74,889
CASH, end of period	613,060	3,348
Cash paid for:
Interest	1,280
Income taxes
Non-cash investing and financing activities:
Common shares issued for subscription payable	66,600
Common shares issued for property and equipment	11,700
Assets acquired:
Cash	441,332
Accounts receivable	22,318
Inventory	59,330
Prepaid expenses	126,753
Due from related party	135,238
Property and equipment	43,585
Operating right of use asset	678,012
Total assets acquired	$ 1,506,568
Less: liabilities assumed:
Accounts payable and accrued expenses	$ 269,425
Acquisition payable	317,986
Contract liabilities	6,066
Due to related parties	73,508
Lease liabilities	678,012
Total liabilities assumed	1,344,997
Net assets acquired	$ 161,571

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Sep. 30, 2025	Dec. 31, 2024
CURRENT ASSETS:
Cash	$ 613,060	$ 3,743
Accounts receivable	56,417
Inventory	409,748	6,736
Prepaid expenses and other current assets	177,577	2,395
Total Current Assets	1,256,802	12,874
Property and equipment, net	82,246
Operating right of use asset, net	726,135
Goodwill	360,954
TOTAL ASSETS	2,426,137	12,874
CURRENT LIABILITIES:
Accounts payable and accrued expenses	208,161	82,300
Accounts payable - related party
Lease liability	68,922
Due to related parties	65,967
Contract liabilities	8,246
Subscriptions payable		66,600
Total Current Liabilities	351,296	148,900
Lease liability, net of current portion	657,215
Total Liabilities	1,008,511	148,900
SHAREHOLDERS' EQUITY (DEFICIT):
Preferred stock; par value $0.0001; 1,000,000 shares authorized; Series A Preferred stock; 1,000,000 shares designated; 1,000,000 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively	100	100
Common stock; par value $0.0001: 500,000,000 shares authorized; 49,133,709 and 33,606,966 shares issued and 29,133,709 and 13,606,966 shares outstanding at September 30, 2025 and December 31, 2024, respectively	4,913	3,361
Additional paid-in capital	6,261,747	3,721,662
Treasury stock (20,000,000 shares at September 30, 2025 and December 31, 2024)	(2,000)	(2,000)
Accumulated other comprehensive gain	16,823
Accumulated deficit	(4,863,957)	(3,859,149)
Total Shareholders' Equity (Deficit)	1,417,626	(136,026)
Total Liabilities and Shareholders' Equity (Deficit)	$ 2,426,137	$ 12,874