$PVIT
Palisades Venture Inc.
CIK:0002010982|SEC Filings
STATEMENT OF OPERATIONS (Unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Income Statement [Abstract] | ||||
| Gross Revenue | $ 56,603 | $ 49,974 | $ 106,688 | $ 101,075 |
| Cost of Sales | 8,152 | 7,764 | 16,230 | 15,960 |
| Gross Profit | 48,451 | 42,210 | 90,458 | 85,115 |
| Operating Expenses | 61,512 | 53,330 | 112,321 | 113,505 |
| Total Expenses | 61,512 | 53,330 | 112,321 | 113,505 |
| Profit/(Loss) from Operations | (13,061) | (11,120) | (21,863) | (28,390) |
| Interest Expense | 8,448 | 8,280 | 16,828 | 16,560 |
| Provision for Income Tax | 0 | 0 | 0 | 0 |
| Net Income/(loss) | $ (21,509) | $ (19,400) | $ (38,691) | $ (44,950) |
| Earnings Per Common Share | ||||
| Basic | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 |
| Diluted | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 |
| Weighted Average Common Shares Outstanding | ||||
| Basic | 109,500,000 | 109,500,000 | 109,500,000 | 109,500,000 |
| Diluted | 109,500,000 | 100,000,000 | 109,500,000 | 100,000,000 |
STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) |
6 Months Ended | |
|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Net Income (Loss) | $ (38,691) | $ (44,950) |
| Adjustments to reconcile net income/loss to net cash provided by (used in) operating activities | ||
| Imputed Interest | 14,250 | 4,750 |
| Changes in Assets and Liabilities | ||
| Accounts Receivable | (2,552) | 3,910 |
| Accounts Payable | (1,284) | 396 |
| Accrued Expenses | 3,078 | 2,310 |
| Net cash Provided by (used) in Operating Activities | (25,199) | (33,584) |
| CASH FLOWS FROM FINANCING ACTIVITIES | ||
| Related Party Advances | 22,026 | 24,233 |
| Issuance of Common Stock | 0 | 9,500 |
| Borrowings on debt | 4,000 | 0 |
| Net cash Provided by (used in) Financing Activities | 26,026 | 33,733 |
| Net Change in Cash | 827 | 149 |
| Cash at beginning of the period | 906 | 1,103 |
| Cash at end of the Period | 1,733 | 1,252 |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION | ||
| Interest Paid | 0 | 0 |
| Income Taxes Paid | $ 0 | $ 0 |
BALANCE SHEETS - USD ($) |
Jun. 30, 2026 |
Dec. 31, 2025 |
|---|---|---|
| Current Assets | ||
| Cash | $ 1,733 | $ 906 |
| Receivables | 8,406 | 5,854 |
| Total Current Assets | 10,139 | 6,760 |
| Total Assets | 10,139 | 6,760 |
| Current Liabilities | ||
| Accrued expenses | 19,665 | 16,587 |
| Accounts Payables | 3,561 | 4,845 |
| Related Party Payables | 56,907 | 34,881 |
| Total Current Liabilities | 80,133 | 56,313 |
| Long term Note Payable | 300,000 | 300,000 |
| Convertible Note payable | 48,000 | 44,000 |
| Total Liabilities | 428,133 | 400,313 |
| Stockholders’ Equity | ||
| Common Stock, $0.001 par value, 500,000,000 shares authorized, 109,500,000 and 109,500,000 shares issued and outstanding, respectively | 109,500 | 109,500 |
| Additional Paid in capital | 33,292 | 19,042 |
| Accumulated Deficit | (560,786) | (522,095) |
| Total Stockholders’ Deficit | (417,994) | (393,553) |
| Total Liabilities and Stockholders’ Deficit | $ 10,139 | $ 6,760 |