$LSMG
Lode-Star Mining Inc.

2023 Q4 Form 10-Q Financial Statement

#000119983523000556 Filed on November 13, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3 2022 Q3
Revenue $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $22.49K $8.840K $10.51K
YoY Change 89.79% -15.89% -75.99%
% of Gross Profit
Research & Development $0.00
YoY Change -100.0%
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $22.49K $8.840K $10.51K
YoY Change 85.56% -15.89% -86.27%
Operating Profit -$8.844K -$10.51K
YoY Change -15.81% -86.28%
Interest Expense $0.00 $0.00 -$1.660K
YoY Change -100.0% -100.0% -93.45%
% of Operating Profit
Other Income/Expense, Net -$1.664K
YoY Change
Pretax Income -$22.49K -$8.840K -$12.17K
YoY Change 122.23% -27.36% -88.06%
Income Tax
% Of Pretax Income
Net Earnings -$22.49K -$8.843K -$12.17K
YoY Change 122.23% -27.33% -88.06%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share $0.00 $0.00 -$100.60
COMMON SHARES
Basic Shares Outstanding 120.9M shares 120.9M shares 120.9M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q4 2023 Q3 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.470K $4.880K $4.210K
YoY Change 177.53% 15.91% -62.71%
Cash & Equivalents $2.474K $4.876K $4.211K
Short-Term Investments
Other Short-Term Assets $270.00
YoY Change -81.25%
Inventory
Prepaid Expenses $273.00
Receivables
Other Receivables
Total Short-Term Assets $2.474K $4.876K $4.484K
YoY Change 179.23% 8.74% -64.78%
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 $0.00 $0.00
YoY Change -100.0%
TOTAL ASSETS
Total Short-Term Assets $2.474K $4.876K $4.484K
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $2.474K $4.876K $4.484K
YoY Change 179.23% 8.74% -98.15%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $14.69K $5.770K $12.56K
YoY Change 102.34% -54.06% -92.48%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $77.24K $66.06K $8.320K
YoY Change 283.52% 693.99% -99.63%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $91.92K $71.83K $20.88K
YoY Change 235.54% 244.06% -99.14%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $91.92K $71.83K $20.88K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $91.92K $71.83K $20.88K
YoY Change 235.54% 244.03% -99.14%
SHAREHOLDERS EQUITY
Retained Earnings -$4.326M -$4.304M -$4.253M
YoY Change 1.48% 1.19%
Common Stock $4.237M $4.237M $4.237M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$89.45K -$66.96K -$16.39K
YoY Change
Total Liabilities & Shareholders Equity $2.474K $4.876K $4.484K
YoY Change 179.23% 8.74% -98.15%

Cashflow Statement

Concept 2023 Q4 2023 Q3 2022 Q3
OPERATING ACTIVITIES
Net Income -$22.49K -$8.843K -$12.17K
YoY Change 122.23% -27.33% -88.06%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$13.57K -$29.77K -$3.350K
YoY Change -66.49% 788.66% -72.68%
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 11.17K 23.88K 7.000K
YoY Change -69.94% 241.14% -30.0%
NET CHANGE
Cash From Operating Activities -13.57K -29.77K -3.350K
Cash From Investing Activities
Cash From Financing Activities 11.17K 23.88K 7.000K
Net Change In Cash -2.400K -5.890K 3.650K
YoY Change -27.93% -261.37% -261.5%
FREE CASH FLOW
Cash From Operating Activities -$13.57K -$29.77K -$3.350K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Entity Central Index Key
EntityCentralIndexKey
0001319643
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023Q3 lsmg Consulting Services
ConsultingServices
usd
CY2023Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
usd
us-gaap Interest And Debt Expense
InterestAndDebtExpense
usd
CY2023Q3 lsmg Rescinded Sapir Transaction
RescindedSapirTransaction
usd
CY2022Q3 lsmg Rescinded Sapir Transaction
RescindedSapirTransaction
usd
lsmg Rescinded Sapir Transaction
RescindedSapirTransaction
usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
usd
lsmg Rescinded Sapir Transaction
RescindedSapirTransaction
usd
us-gaap Interest Paid Net
InterestPaidNet
usd
us-gaap Interest Paid Net
InterestPaidNet
usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
usd
lsmg Expenses Paid By Related Party On Behalf Of Company
ExpensesPaidByRelatedPartyOnBehalfOfCompany
usd
lsmg Reinstated Debt
ReinstatedDebt
usd
lsmg Shares Issued To Shareholder To Settle Debt
SharesIssuedToShareholderToSettleDebt
usd
CY2022Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
usd
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
000-53676
dei Entity Registrant Name
EntityRegistrantName
LODE-STAR MINING INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
47-4347638
dei Entity Address Address Line1
EntityAddressAddressLine1
1 East Liberty Street
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 600
dei Entity Address City Or Town
EntityAddressCityOrTown
Reno
dei Entity Address State Or Province
EntityAddressStateOrProvince
NV
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
89501
dei City Area Code
CityAreaCode
(775)
dei Local Phone Number
LocalPhoneNumber
234-5443
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
true
CY2023Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
120937442 shares
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4876 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
886 usd
CY2023Q3 us-gaap Assets Current
AssetsCurrent
4876 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
886 usd
CY2023Q3 us-gaap Assets
Assets
4876 usd
CY2022Q4 us-gaap Assets
Assets
886 usd
CY2023Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
5771 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
7260 usd
CY2023Q3 lsmg Due To Related Parties And Accrued Interest Current
DueToRelatedPartiesAndAccruedInterestCurrent
66062 usd
CY2022Q4 lsmg Due To Related Parties And Accrued Interest Current
DueToRelatedPartiesAndAccruedInterestCurrent
20136 usd
CY2023Q3 us-gaap Liabilities Current
LiabilitiesCurrent
71833 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
27396 usd
CY2023Q3 us-gaap Liabilities
Liabilities
71833 usd
CY2022Q4 us-gaap Liabilities
Liabilities
27396 usd
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
480000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
480000000 shares
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2023Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
120937442 shares
CY2023Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
120937442 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q3 us-gaap Common Stock Value
CommonStockValue
73757 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
73757 usd
CY2023Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
4163056 usd
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
4163056 usd
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-4303770 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-4263323 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
-66957 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-26510 usd
CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4876 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
886 usd
CY2022Q3 lsmg Consulting Services
ConsultingServices
26 usd
lsmg Consulting Services
ConsultingServices
58321 usd
CY2023Q3 lsmg Corporate Support Services
CorporateSupportServices
466 usd
CY2022Q3 lsmg Corporate Support Services
CorporateSupportServices
485 usd
lsmg Corporate Support Services
CorporateSupportServices
1376 usd
lsmg Corporate Support Services
CorporateSupportServices
1487 usd
CY2023Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
764 usd
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7670 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2480 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3741 usd
CY2023Q3 us-gaap Professional Fees
ProfessionalFees
5516 usd
CY2022Q3 us-gaap Professional Fees
ProfessionalFees
465 usd
us-gaap Professional Fees
ProfessionalFees
27901 usd
us-gaap Professional Fees
ProfessionalFees
52719 usd
CY2023Q3 us-gaap Noninterest Expense Transfer Agent And Custodian Fees
NoninterestExpenseTransferAgentAndCustodianFees
2098 usd
CY2022Q3 us-gaap Noninterest Expense Transfer Agent And Custodian Fees
NoninterestExpenseTransferAgentAndCustodianFees
1859 usd
us-gaap Noninterest Expense Transfer Agent And Custodian Fees
NoninterestExpenseTransferAgentAndCustodianFees
8690 usd
us-gaap Noninterest Expense Transfer Agent And Custodian Fees
NoninterestExpenseTransferAgentAndCustodianFees
27130 usd
CY2023Q3 us-gaap Costs And Expenses
CostsAndExpenses
8844 usd
CY2022Q3 us-gaap Costs And Expenses
CostsAndExpenses
10505 usd
us-gaap Costs And Expenses
CostsAndExpenses
40447 usd
us-gaap Costs And Expenses
CostsAndExpenses
143398 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-8844 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-10505 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-40447 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-143398 usd
CY2022Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
1664 usd
us-gaap Interest And Debt Expense
InterestAndDebtExpense
2471 usd
lsmg Rescinded Sapir Transaction
RescindedSapirTransaction
2186917 usd
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1664 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2184446 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-8843 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-12169 usd
us-gaap Net Income Loss
NetIncomeLoss
-40447 usd
us-gaap Net Income Loss
NetIncomeLoss
2041048 usd
CY2023Q3 lsmg Earnings Per Share Basic And Diluted1
EarningsPerShareBasicAndDiluted1
0.00
CY2022Q3 lsmg Earnings Per Share Basic And Diluted1
EarningsPerShareBasicAndDiluted1
0.00
lsmg Earnings Per Share Basic And Diluted1
EarningsPerShareBasicAndDiluted1
0.00
lsmg Earnings Per Share Basic And Diluted1
EarningsPerShareBasicAndDiluted1
0.03
CY2023Q3 lsmg Weighted Average Number Of Share Outstanding Basic And Diluted1
WeightedAverageNumberOfShareOutstandingBasicAndDiluted1
120937442 shares
CY2022Q3 lsmg Weighted Average Number Of Share Outstanding Basic And Diluted1
WeightedAverageNumberOfShareOutstandingBasicAndDiluted1
120937442 shares
lsmg Weighted Average Number Of Share Outstanding Basic And Diluted1
WeightedAverageNumberOfShareOutstandingBasicAndDiluted1
120937442 shares
lsmg Weighted Average Number Of Share Outstanding Basic And Diluted1
WeightedAverageNumberOfShareOutstandingBasicAndDiluted1
120937442 shares
us-gaap Net Income Loss
NetIncomeLoss
-40447 usd
us-gaap Net Income Loss
NetIncomeLoss
2041048 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1050 usd
lsmg Rescinded Sapir Transaction
RescindedSapirTransaction
2186917 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1489 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
83707 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-41936 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-61112 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
45926 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
59315 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
45926 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
59315 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3990 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1797 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
886 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6008 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4876 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4211 usd
lsmg Expenses Paid By Related Party On Behalf Of Company
ExpensesPaidByRelatedPartyOnBehalfOfCompany
25764 usd
lsmg Reinstated Debt
ReinstatedDebt
2246146 usd
lsmg Shares Issued To Shareholder To Settle Debt
SharesIssuedToShareholderToSettleDebt
2601207 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-2412503 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-33920 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-259506 usd
CY2022Q2 lsmg Rescinded Sapir Transaction
RescindedSapirTransaction
-2186917 usd
CY2022Q2 lsmg Reinstated Debt
ReinstatedDebt
-2246146 usd
CY2022Q2 lsmg Shares Issued To Shareholder To Settle Debt
SharesIssuedToShareholderToSettleDebt
2601207 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
2087137 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-4225 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-12169 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
-16394 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-26510 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-6155 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
-32665 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-25448 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
-58114 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-8843 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
-66957 usd
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-4303770 usd
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
480000000 shares
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2023Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
120937442 shares

Files In Submission

Name View Source Status
0001199835-23-000556-index-headers.html Edgar Link pending
0001199835-23-000556-index.html Edgar Link pending
0001199835-23-000556.txt Edgar Link pending
0001199835-23-000556-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
lsmg-10q.htm Edgar Link pending
lsmg-20230930.xsd Edgar Link pending
lsmg-ex31_1.htm Edgar Link pending
lsmg-ex32_1.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R2.htm Edgar Link pending
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
lsmg-20230930_cal.xml Edgar Link unprocessable
lsmg-20230930_def.xml Edgar Link unprocessable
lsmg-20230930_lab.xml Edgar Link unprocessable
lsmg-20230930_pre.xml Edgar Link unprocessable
lsmg-10q_htm.xml Edgar Link completed