Metaterra Corp.
CIK:0001918884|SEC Filings
STATEMENT OF OPERATIONS (UNAUDITED) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2023 |
Sep. 30, 2022 |
Sep. 30, 2023 |
Sep. 30, 2022 |
|
| STATEMENT OF OPERATIONS (UNAUDITED) | ||||
| Revenue | $ 0 | $ 1,620 | $ 19,304 | $ 1,880 |
| OPERATING EXPENSES | ||||
| Cost of goods sold | 0 | 1,218 | 17,304 | 1,596 |
| General and administrative expenses | 12,087 | 3,090 | 23,658 | 10,208 |
| Net loss from operations | (12,087) | (2,688) | (21,658) | (9,924) |
| Loss before provision for income taxes | (12,087) | (2,688) | (21,658) | (9,924) |
| Provision for income taxes | 0 | 0 | 0 | 0 |
| Net income (loss) | $ (12,087) | $ (2,688) | $ (21,658) | $ (9,924) |
| Income (loss) per common share: Basic and Diluted | $ (0.00) | $ (0.00) | $ (0.00) | $ (0.00) |
| Weighted Average Number of Common Shares Outstanding: Basic and Diluted | 2,787,000 | 2,495,087 | 2,787,000 | 2,169,205 |
STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) |
9 Months Ended | |
|---|---|---|
Sep. 30, 2023 |
Sep. 30, 2022 |
|
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Net loss | $ (21,658) | $ (9,924) |
| Amortization expense | 168 | 56 |
| Inventory | (18,190) | (13,111) |
| Prepaid deposit | 6,000 | 0 |
| Accounts payable | (9,650) | 0 |
| Prepaid expenses | (12,500) | 0 |
| Net cash provided by (used in) operating activities | (55,830) | (22,979) |
| CASH FLOWS USED IN INVESTING ACTIVITIES | ||
| Computer Software | 0 | (670) |
| Net cash used in investing activities | 0 | (670) |
| CASH FLOWS FROM FINANCING ACTIVITIES | ||
| Proceeds of loan from shareholder | 53,020 | 13,219 |
| Proceeds from issuance of common shares | 0 | 39,350 |
| Net cash provided by financing activities | 53,020 | 52,569 |
| Net decrease in cash and equivalents | (2,810) | 28,920 |
| Cash and equivalents at beginning of the period | 9,059 | 2,084 |
| Cash and equivalents at end of the year/ period | 6,249 | 31,004 |
| Cash paid for: | ||
| Interest | 0 | 0 |
| Taxes | $ 0 | $ 0 |
BALANCE SHEETS - USD ($) |
Sep. 30, 2023 |
Dec. 31, 2022 |
|---|---|---|
| Current Assets | ||
| Cash & cash equivalents | $ 6,249 | $ 9,059 |
| Prepaid Expenses | 12,500 | 0 |
| Inventory | 35,495 | 17,304 |
| Total current assets | 54,244 | 26,363 |
| Non-Current Assets | 390 | 558 |
| Total Assets | 54,634 | 26,921 |
| Current Liabilities | ||
| Loans from related parties | 67,065 | 14,044 |
| Prepaid Deposit | 6,000 | 0 |
| Accounts Payable | 350 | 10,000 |
| Total current liabilities | 73,415 | 24,044 |
| Total Liabilities | 73,415 | 24,044 |
| Stockholders' Equity (Deficit) | ||
| Common stock, $0.001 par value, 75,000,000 shares authorized: 2,787,000 shares issued and outstanding | 2,787 | 2,787 |
| Additional Paid-In-Capital | 38,563 | 38,563 |
| Accumulated Deficit | (60,131) | (38,473) |
| Total Stockholders' equity (deficit) | (18,781) | 2,877 |
| Total Liabilities and Stockholders' equity (deficit) | $ 54,634 | $ 26,921 |