$UTKN

Universal Token

CIK:0001919182|SEC Filings

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
REVENUES
Sales	$ 0	$ 0	$ 0	$ 0
OPERATING EXPENSES
Professional fees	13,990	193,085	25,989	281,420
General and administrative	4,646	28,341	10,372	33,159
Total operating expenses	18,636	221,426	36,361	314,579
Operating Loss	(18,636)	(221,426)	(36,361)	(314,579)
OTHER EXPENSES
Other expenses		(165)		(973)
Total other expenses		(165)		(973)
Consolidated Net Loss	(18,636)	(221,591)	(36,361)	(315,552)
Consolidated net loss attributable to noncontrolling interest				1
Consolidated Net Loss Attributable to Parent	(18,636)	(221,591)	(36,361)	(315,551)
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation		294		352
Consolidated Other Comprehensive Loss	$ (18,636)	$ (221,297)	$ (36,361)	$ (315,199)
Income (loss) per common share basic	$ (0.00)	$ (0.00)	$ (0.00)	$ (0.00)
Income (loss) per common share diluted	$ (0.00)	$ (0.00)	$ (0.00)	$ (0.00)
Weighted average common shares outstanding basic	101,561,000	101,264,386	101,561,000	101,224,227
Weighted average common shares outstanding diluted	101,561,000	101,264,386	101,561,000	101,224,227

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash flows from operating activities:
Net loss	$ (36,361)	$ (315,552)
Adjustments to reconcile net loss to net cash used in operating activities:
Currency translation		352
Changes in operating assets and liabilities:
Other current assets	8,418	(2,583)
Accounts payable and accrued expenses	(13,136)	(4,123)
Advances payable, related party	5,264
Net cash used in operating activities	(35,815)	(321,906)
Cash flows from investing activities:
Software development costs	(10,000)	(500,000)
Net cash used in investing activities	(10,000)	(500,000)
Cash flows from financing activities:
Common stock issued for cash		935,000
Loans from related party	44,000
Repayment of loans from related party		(162,726)
Net cash provided by financing activities	44,000	772,274
Net change in cash	(1,815)	(49,632)
Cash, beginning of period	1,842	67,784
Cash, end of period	27	18,152
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest
Cash paid for taxes
NON-CASH FINANCING ACTIVITIES:
Common stock issued for related party debt		$ 487,500

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Jun. 30, 2026	Dec. 31, 2025
CURRENT ASSETS
Cash	$ 27	$ 1,842
Other current assets	2,670	11,088
Total current assets	2,697	12,930
NON-CURRENT ASSETS
Intangible assets	4,806	4,806
Software development	1,143,500	1,133,500
Total non-current assets	1,148,306	1,138,306
TOTAL ASSETS	1,151,003	1,151,236
Current liabilities:
Accounts payable and accrued expenses	16,864	30,000
Advances payable, related party	5,264
Total current liabilities	22,128	30,000
Non-current liabilities:
Loans payable, related party	44,000
Total non-current liabilities	44,000
TOTAL LIABILITIES	66,128	30,000
STOCKHOLDERS' EQUITY
Preferred stock; $0.001 par value, 100,000,000 shares authorized and 10,000,000 shares issued and outstanding	10,000	10,000
Common stock; $0.001 par value, 750,000,000 and 750,000,000 shares authorized, 101,561,000 and 101,561,000 shares issued and outstanding, respectively	101,561	101,561
Additional paid-in capital	1,544,894	1,544,894
Accumulated deficit	(571,580)	(535,219)
Total Stockholders’ Equity Attributable to Parent	1,084,875	1,121,236
Equity Attributable to Noncontrolling interest	(7)	(7)
Total Stockholders' Equity	1,084,868	1,121,229
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,151,003	$ 1,151,236