2024 Q4 Form 10-Q Financial Statement
#000155479524000284 Filed on November 14, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
Revenue | $0.00 | |
YoY Change | ||
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $36.15K | |
YoY Change | -27.7% | |
% of Gross Profit | ||
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | ||
YoY Change | ||
% of Gross Profit | ||
Operating Expenses | $36.15K | |
YoY Change | -31.09% | |
Operating Profit | -$36.15K | |
YoY Change | -31.09% | |
Interest Expense | $2.998K | |
YoY Change | -92.34% | |
% of Operating Profit | ||
Other Income/Expense, Net | -$2.998K | |
YoY Change | -124.21% | |
Pretax Income | -$39.15K | |
YoY Change | -2.31% | |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$39.15K | |
YoY Change | -2.31% | |
Net Earnings / Revenue | ||
Basic Earnings Per Share | ||
Diluted Earnings Per Share | $0.00 | |
COMMON SHARES | ||
Basic Shares Outstanding | 32.80M shares | 32.80M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $460.00 | |
YoY Change | -95.4% | |
Cash & Equivalents | $461.00 | |
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $461.00 | |
YoY Change | -97.12% | |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | ||
YoY Change | ||
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | ||
YoY Change | ||
Total Long-Term Assets | $0.00 | |
YoY Change | ||
TOTAL ASSETS | ||
Total Short-Term Assets | $461.00 | |
Total Long-Term Assets | $0.00 | |
Total Assets | $461.00 | |
YoY Change | -97.12% | |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $4.000K | |
YoY Change | ||
Accrued Expenses | $17.88K | |
YoY Change | -70.2% | |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $155.6K | |
YoY Change | -2.74% | |
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $230.1K | |
YoY Change | -38.35% | |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | |
YoY Change | ||
Other Long-Term Liabilities | ||
YoY Change | ||
Total Long-Term Liabilities | $0.00 | |
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $230.1K | |
Total Long-Term Liabilities | $0.00 | |
Total Liabilities | $230.1K | |
YoY Change | -38.35% | |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$17.60M | |
YoY Change | 1.56% | |
Common Stock | $32.80K | |
YoY Change | 32.85% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | -$229.6K | |
YoY Change | ||
Total Liabilities & Shareholders Equity | $461.00 | |
YoY Change | -97.12% |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$39.15K | |
YoY Change | -2.31% | |
Depreciation, Depletion And Amortization | ||
YoY Change | ||
Cash From Operating Activities | -$32.95K | |
YoY Change | -34.1% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | ||
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | ||
YoY Change | ||
Cash From Investing Activities | ||
YoY Change | ||
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 26.20K | |
YoY Change | -12.67% | |
NET CHANGE | ||
Cash From Operating Activities | -32.95K | |
Cash From Investing Activities | ||
Cash From Financing Activities | 26.20K | |
Net Change In Cash | -6.750K | |
YoY Change | -66.25% | |
FREE CASH FLOW | ||
Cash From Operating Activities | -$32.95K | |
Capital Expenditures | ||
Free Cash Flow | ||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
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|
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Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | ||
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|
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|
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Accounts Payable Current
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Current Liabilities Due To Related Party
CurrentLiabilitiesDueToRelatedParty
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Entity Central Index Key
EntityCentralIndexKey
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Amendment Flag
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|
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Current Fiscal Year End Date
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|
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Prepaid Expense Current
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Commitments And Contingencies
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|
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Commitments And Contingencies
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|
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Common Stock Shares Subscribed But Unissued
CommonStockSharesSubscribedButUnissued
|
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Noninterest Expense Directors Fees
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|
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Change In Fair Value Other Expense
ChangeInFairValueOtherExpense
|
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ATAO |
Change In Fair Value Other Expense
ChangeInFairValueOtherExpense
|
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Loss On Issuance Of Convertible Debt
LossOnIssuanceOfConvertibleDebt
|
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Loss On Issuance Of Convertible Debt
LossOnIssuanceOfConvertibleDebt
|
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Loss On Issuance Of Convertible Debt
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Income Tax Expense Benefit
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Income Tax Expense Benefit
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|
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ATAO |
Gain Loss On Issuance Of Convertible Debt
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|
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Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
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|
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Stock Issued During Period Value Issued For Services
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|
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Increase Decrease In Prepaid Expense
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|
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Increase Decrease In Employee Related Liabilities
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Proceeds From Convertible Debt
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Proceeds From Related Party Debt
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Interest Paid Net
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Interest Paid Net
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Income Taxes Paid
IncomeTaxesPaid
|
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Income Taxes Paid
IncomeTaxesPaid
|
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Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
|
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Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
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dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2024-09-30 | ||
dei |
Document Transition Report
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|
false | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
ALTAIR INTERNATIONAL CORP. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
NV | ||
dei |
Entity File Number
EntityFileNumber
|
333-190235 | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
99-0385465 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
322 North Shore Drive | ||
dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
Building 1B, Suite 200 | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Pittsburgh | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
PA | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
15212 | ||
dei |
City Area Code
CityAreaCode
|
412 | ||
dei |
Local Phone Number
LocalPhoneNumber
|
770-3140 | ||
dei |
Security12b Title
Security12bTitle
|
Common stock | ||
dei |
Trading Symbol
TradingSymbol
|
ATAO | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
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dei |
Entity Interactive Data Current
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Entity Filer Category
EntityFilerCategory
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Entity Emerging Growth Company
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Entity Common Stock Shares Outstanding
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|
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Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
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Convertible Notes Payable Current
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Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
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Current Liabilities Due To Related Party
CurrentLiabilitiesDueToRelatedParty
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Liabilities
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Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
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Preferred Stock Par Or Stated Value Per Share
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0.001 | |
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Preferred Stock Shares Authorized
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Preferred Stock Shares Authorized
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|
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Common Stock Par Or Stated Value Per Share
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Common Stock Par Or Stated Value Per Share
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Change In Fair Value Other Expense
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ATAO |
Loss On Issuance Of Convertible Debt
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Net Income Loss
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|
-0.00 | |
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|
-0.00 | |
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Earnings Per Share Basic And Diluted Atao
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|
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Earnings Per Share Basic And Diluted Atao
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|
-0.01 | ||
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|
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WeightedAverageNumberOfSharesOutstandingBasicAndDilutedATAO
|
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ATAO |
Weighted Average Number Of Shares Outstanding Basic And Diluted Atao
WeightedAverageNumberOfSharesOutstandingBasicAndDilutedATAO
|
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|
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Stock Issued During Period Value Conversion Of Convertible Securities
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|
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|
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Stockholders Equity
StockholdersEquity
|
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Stockholders Equity
StockholdersEquity
|
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|
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Stockholders Equity
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|
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Stockholders Equity
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Net Income Loss
NetIncomeLoss
|
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Net Income Loss
NetIncomeLoss
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us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
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us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
66509 | usd | |
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Gain Loss On Issuance Of Convertible Debt
GainLossOnIssuanceOfConvertibleDebt
|
10872 | usd | |
us-gaap |
Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
|
-33263 | usd | |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
4000 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
6500 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-4000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
3500 | usd | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
21000 | usd | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-6344 | usd | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-7023 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-56437 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-75867 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
55000 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
52600 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
52600 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
55000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-3837 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-20867 | usd | |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4298 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
28897 | usd |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
461 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
8030 | usd |
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
|
31496 | usd | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_841_eus-gaap--UseOfEstimates_zDKM2MFGXmHk" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><span style="text-decoration: underline"><span id="xdx_86C_znaf2RE3ZXjd">Use of estimates</span></span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates.</p> | ||
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_846_eus-gaap--ConcentrationRiskCreditRisk_zqpLv7YCWvCd" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><span style="text-decoration: underline"><span id="xdx_861_zIOnjpVGV0Sg">Concentrations of Credit Risk</span></span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We maintain our cash in bank deposit accounts, the balances of which at times may exceed federally insured limits. We continually monitor our banking relationships and consequently have not experienced any losses in our accounts. We believe we are not exposed to any significant credit risk on cash.</p> | ||
ATAO |
Note Holder
NoteHolder
|
EROP Enterprises (2) | ||
ATAO |
Stock Issued During Period Shares Transfer Agent Issuance For Debt Conversion
StockIssuedDuringPeriodSharesTransferAgentIssuanceForDebtConversion
|
785833 | shares | |
ATAO |
Conversion Of Common Stock Principal Amount
ConversionOfCommonStockPrincipalAmount
|
15000 | usd | |
ATAO |
Conversion Of Common Stock Interest Amount
ConversionOfCommonStockInterestAmount
|
827 | usd | |
ATAO |
Conversion Of Common Stock Shares
ConversionOfCommonStockShares
|
791333 | shares | |
CY2024Q3 | ATAO |
Conversion Of Common Stock Shares
ConversionOfCommonStockShares
|
130194 | shares |
CY2023Q3 | ATAO |
Conversion Of Common Stock Shares
ConversionOfCommonStockShares
|
697481 | shares |
us-gaap |
Officers Compensation
OfficersCompensation
|
24000 | usd | |
us-gaap |
Officers Compensation
OfficersCompensation
|
18000 | usd | |
ATAO |
Common Stock Issued For Compensation Expense Shares
CommonStockIssuedForCompensationExpenseShares
|
160000 | shares | |
ATAO |
Common Stock Issued For Compensation Expense Amount
CommonStockIssuedForCompensationExpenseAmount
|
4000 | usd | |
ATAO |
Advances From Related Party For Operating Expenses
AdvancesFromRelatedPartyForOperatingExpenses
|
52600 | usd |