$SHGI
Sparx Holdings Group, Inc.
CIK:0001874138|SEC Filings
Statement of Operations (Unaudited) - USD ($) |
3 Months Ended | |
|---|---|---|
Sep. 30, 2023 |
Sep. 30, 2022 |
|
| Operating expenses | ||
| Research & Development | $ 1,095 | |
| General & Administrative | 36,930 | 14,775 |
| Total operating expenses | 38,025 | 14,775 |
| Net loss | $ (38,025) | $ (14,775) |
| Basic and Diluted net loss per common share | $ (0.00) | $ (0.00) |
| Weighted average number of common shares outstanding - Basic and Diluted | 285,499,204 | 196,684,814 |
Statement of Cash Flows (Unaudited) - USD ($) |
3 Months Ended | |
|---|---|---|
Sep. 30, 2023 |
Sep. 30, 2022 |
|
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Net loss | $ (38,025) | $ (14,775) |
| Adjustment to reconcile net loss to net cash used in operating activities: | ||
| Expenses contributed to capital | 15,065 | 4,775 |
| Share-based compensation | 10,000 | |
| Changes in current assets and liabilities: | ||
| Accrued expenses | (600) | |
| Net cash used in operating activities | (23,560) | |
| CASH FLOWS FROM FINANCING ACTIVITIES | ||
| Cash from the sale of common shares | 30,500 | |
| Net cash provided by financing activities | 30,500 | |
| Net change in cash | 6,940 | |
| Beginning cash balance | 100,219 | |
| Ending cash balance | 107,159 | |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | ||
| Interest paid | ||
| Income taxes paid | ||
Balance Sheet (Unaudited) - USD ($) |
Sep. 30, 2023 |
Jun. 30, 2023 |
|---|---|---|
| CURRENT ASSETS | ||
| Cash and cash equivalents | $ 107,159 | $ 100,219 |
| TOTAL ASSETS | 107,159 | 100,219 |
| CURRENT LIABILITIES | ||
| Accrued Expenses | 600 | |
| TOTAL LIABILITIES | 600 | |
| Stockholders’ Equity (Deficit) | ||
| Preferred stock ($.0001 par value, 5,000,000 shares authorized; 0 issued and outstanding as of September 30, 2023 and June 30, 2023) | ||
| Common stock ($.0001 par value, 500,000,000 shares authorized, 285,350,031 and 283,825,031 issued and outstanding as of September 30, 2023 and June 30, 2023, respectively) | 28,535 | 28,383 |
| Additional paid-in capital | 174,787 | 129,374 |
| Total Stockholders’ Equity (Deficit) | 107,159 | 99,619 |
| TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY (DEFICIT) | $ 107,159 | $ 100,219 |