MAJOR LEAGUE FOOTBALL INC Cashflow Statement

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Statements of cash flows

In USD, except per-share amounts

	FY2022 0 months to Jul 15, 2022	FY2021 12 months to Apr 30, 2021	FY2020 12 months to Apr 30, 2020	FY2019 12 months to Apr 30, 2019	FY2018 12 months to Apr 30, 2018
Net loss
Adjustments to reconcile net loss to net cash used in operating activities:
Provision for settlement of contract dispute
Football equipment deposit write-off
Write-off of furniture, fixtures and equipment
Cancellation of accounts payable
Issuance of common stock to employees for services
Amortization of debt discount on stock warrant issued for forbearance agreement
Amortization of debt discount on common stock issued for forbearance agreement
Amortization of debt discount on convertible secured promissory note
Amortization of debt discount on convertible unsecured promissory notes
Amortization of debt discount on convertible secured promissory notes
Issuance of common stock to consultants for services
Issuance of warrants to consultants for services
Settlement expense
Revaluation of stock options issued for consulting services over service period
Late fee on convertible promissory note in default
Conversion fees on convertible unsecured promissory notes
Write off of stadium lease deposit
Accretion of put premium liability
Issuance of stock warrant for consulting services
Prepaid consulting
Prepaid legal
Lease deposit
Initial fair value of conversion option liability
Gain (loss) from change in fair value of conversion option liability
Gain from change in fair value of conversion option liability
Changes in operating assets and liabilities:
Prepaid consulting - related party
Prepaid legal
Lease deposit
Prepaid consulting
Prepaid fees
Deposits
Accounts payable
Accounts payable - related parties
Accrued expenses
Accrued payroll
Accrued interest
Accrued interest - related party
Net cash used in operating activities
CASH FLOWS FROM INVESTING ACTIVITIES
Football equipment
Office equipment
Purchase of football equipment
Purchase of office equipment
Trademark filing fees
Net cash used in investing activities
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of convertible unsecured promissory notes, net of issue costs
Proceeds from issuance of notes payable
Proceeds from issuance of notes payable - related party
Proceeds from issuance of convertible secured promissory notes, net of issue costs
Proceeds from issuance of note payable - related party
Repayment of note payable
Repayment of convertible secured promissory note
Repayment of convertible unsecured promissory note
Proceeds from common stock issuable
Proceeds from sale of common stock, net of offering costs
Net cash provided by financing activities
NET INCREASE (DECREASE) IN CASH
NET INCREASE IN CASH
CASH - BEGINNING OF YEAR
CASH - END OF YEAR
CASH PAID FOR INCOME TAXES
CASH PAID FOR INTEREST
Reduction of put premium liability related to conversion of promissory notes
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS
CASH PAID FOR INCOME TAXES
CASH PAID FOR INTEREST
Exercise of stock warrant for consulting services from related party
NON-CASH INVESTING AND FINANCING ACTIVITIES
Reduction of put premium liability related to conversion of Convertible promissory notes
Reclass of conversion option liability to debt premium
Reduction of put premium liability related to conversion and payment of promissory notes
Reduction in fair value of conversion option liability for conversion of promissory note
Issuance of stock warrant with convertible unsecured promissory notes
Conversion of convertible secured promissory note
Conversion of convertible unsecured promissory notes
Conversion of accrued interest on convertible secured promissory notes
Conversion of accrued interest on convertible unsecured promissory notes
Discounts related to derivative liabilities
Discounts related to convertible promissory notes
Reclass note payable - related party to note payable
Discounts related to notes payable
Fair value of warrants issued with secured convertible promissory notes
Reclass of note payable - related party to note payable

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