Bright Green Corp
CIK:0001886799|SEC Filings
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2024 |
Sep. 30, 2023 |
Sep. 30, 2024 |
Sep. 30, 2023 |
|
| Income Statement [Abstract] | ||||
| Revenue | ||||
| Expenses | ||||
| General and administrative expenses | 966,395 | 1,650,655 | 4,080,093 | 6,933,033 |
| Depreciation | 145,529 | 160,878 | 433,585 | 477,629 |
| Total operating expenses | 1,111,924 | 1,811,533 | 4,513,678 | 7,410,662 |
| Loss from operations | (1,111,924) | (1,811,533) | (4,513,678) | (7,410,662) |
| Other income (expense) | ||||
| Other income (Note 9) | 80,000 | |||
| Foreign currency transaction loss | (865) | (221) | (1,366) | |
| Interest income | 14 | 23 | ||
| Change in fair value of assets, net (Note 5) | (80,705) | |||
| Gain on extinguishment of debt (Note 5) | 8,684 | 1,017,273 | ||
| Total other income (expense) | 7,833 | 1,016,370 | (1,366) | |
| Loss before income taxes | (1,104,091) | (1,811,533) | (3,497,308) | (7,412,028) |
| Income tax expense | ||||
| Loss before equity in net losses of affiliate | (1,104,091) | (1,811,533) | (3,497,308) | (7,412,028) |
| Equity in net losses of affiliate | (179,709) | (184,650) | ||
| Net loss and comprehensive loss | $ (1,104,091) | $ (1,991,242) | $ (3,497,308) | $ (7,596,678) |
| Weighted average common shares outstanding basic | 191,003,275 | 180,587,574 | 189,565,789 | 176,784,628 |
| Weighted average common shares outstanding diluted | 191,003,275 | 180,587,574 | 189,565,789 | 176,784,628 |
| Net loss per common share basic | $ (0.01) | $ (0.01) | $ (0.02) | $ (0.04) |
| Net loss per common share diluted | $ (0.01) | $ (0.01) | $ (0.02) | $ (0.04) |