$MINR
Minerva Gold Inc.

2022 Q4 Form 10-Q Financial Statement

#000147793222007429 Filed on October 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2022 Q2
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue $0.00
YoY Change
Gross Profit $0.00
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $58.00
YoY Change
% of Gross Profit
Operating Expenses $2.808K -$2.837K -$8.344K
YoY Change -40.87% -22.95% 229.41%
Operating Profit $8.344K
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$2.808K -$2.837K -$8.344K
YoY Change -40.87% -22.95% 229.41%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$2.808K -$2.837K -$8.344K
YoY Change -40.87% -22.95% 229.41%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 6.570M shares 6.570M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q4 2022 Q3 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $17.07K $19.32K $24.60K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $17.07K $19.32K
YoY Change -47.6% 427.92%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $345.00 $403.00
YoY Change -40.0% -36.33%
Total Long-Term Assets $345.00 $403.00
YoY Change -40.0% -36.33%
TOTAL ASSETS
Total Short-Term Assets $17.07K $19.32K
Total Long-Term Assets $345.00 $403.00
Total Assets $17.42K $19.73K
YoY Change -47.47% 359.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $0.00 $0.00
YoY Change -100.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $11.73K $11.23K
YoY Change 34.71% 72.86%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $11.73K $11.23K
Total Long-Term Liabilities
Total Liabilities $11.73K $11.23K
YoY Change 34.71% 72.86%
SHAREHOLDERS EQUITY
Retained Earnings -$30.71K -$27.90K
YoY Change 156.96% 287.39%
Common Stock $6.570K $6.570K $6.570K
YoY Change 0.0% 31.4%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.688K $8.496K $11.33K
YoY Change
Total Liabilities & Shareholders Equity $17.42K $19.73K
YoY Change -47.47% 359.47%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2022 Q2
OPERATING ACTIVITIES
Net Income -$2.808K -$2.837K -$8.344K
YoY Change -40.87% -22.95% 229.41%
Depreciation, Depletion And Amortization $58.00
YoY Change
Cash From Operating Activities -$4.786K
YoY Change
INVESTING ACTIVITIES
Capital Expenditures $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $1.256K
YoY Change
NET CHANGE
Cash From Operating Activities -$4.786K
Cash From Investing Activities $0.00
Cash From Financing Activities $1.256K
Net Change In Cash -$3.530K
YoY Change
FREE CASH FLOW
Cash From Operating Activities -$4.786K
Capital Expenditures $0.00
Free Cash Flow -$4.786K
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-6215 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
1479 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
2203 usd
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Entity Central Index Key
EntityCentralIndexKey
0001854816
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--02-28
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
75000000 shares
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
6570000 shares
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
6570000 shares
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
6570000 shares
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-08-31
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
333-255403
dei Entity Registrant Name
EntityRegistrantName
MINERVA GOLD INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
98-1588963
dei Entity Address Address Line1
EntityAddressAddressLine1
12/1 Kunayev str
dei Entity Address Address Line2
EntityAddressAddressLine2
IA 17
dei Entity Address City Or Town
EntityAddressCityOrTown
Nur-Sultan
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
010000
dei Entity Address Country
EntityAddressCountry
KZ
dei City Area Code
CityAreaCode
725
dei Local Phone Number
LocalPhoneNumber
225-1800
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Ex Transition Period
EntityExTransitionPeriod
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
6570000 shares
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-2837 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-3682 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-11181 usd
CY2022Q3 mine Weighted Average Number Of Common Share Basic And Diluted
WeightedAverageNumberOfCommonShareBasicAndDiluted
6570000 shares
CY2021Q3 mine Weighted Average Number Of Common Share Basic And Diluted
WeightedAverageNumberOfCommonShareBasicAndDiluted
5000000 shares
mine Weighted Average Number Of Common Share Basic And Diluted
WeightedAverageNumberOfCommonShareBasicAndDiluted
6570000 shares
mine Weighted Average Number Of Common Share Basic And Diluted
WeightedAverageNumberOfCommonShareBasicAndDiluted
5000000 shares
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
4012 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
19677 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-8344 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
11333 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-2837 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
8496 usd
us-gaap Net Income Loss
NetIncomeLoss
-6215 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
0 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
0 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
115 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
57 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-11066 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-6158 usd
us-gaap Payments To Acquire Assets Investing Activities
PaymentsToAcquireAssetsInvestingActivities
0 usd
us-gaap Payments To Acquire Assets Investing Activities
PaymentsToAcquireAssetsInvestingActivities
690 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-690 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
2256 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
5508 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2256 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5508 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-8810 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-1340 usd
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
28132 usd
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
19322 usd
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3660 usd
us-gaap Interest Paid Net
InterestPaidNet
0 usd
us-gaap Interest Paid Net
InterestPaidNet
0 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
us-gaap Nature Of Operations
NatureOfOperations
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">NOTE 1 - ORGANIZATION AND BUSINESS</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">MINERVA GOLD INC. (the “Company”) is a corporation established under the corporation laws in the State of Nevada on February 24, 2021 with an authorized capital of 75,000,000 common shares with a par value of $0.001. The Company’s fiscal year-end is February 28. Minerva Gold Inc. is a junior mineral exploration company engaged in the identification, acquisition and exploration of precious metals in Kazakhstan.</p>
CY2021Q1 us-gaap Capital
Capital
75000000 usd
CY2021Q1 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
0.001
mine Accumulated Loss
AccumulatedLoss
-27904 usd
us-gaap Basis Of Accounting
BasisOfAccounting
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America.</p>
CY2022Q3 us-gaap Escrow Deposit
EscrowDeposit
19322 usd
us-gaap Use Of Estimates
UseOfEstimates
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; 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 period. Actual results could differ from those estimates.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Due to the limited level of operations, the Company has not had to make material assumptions or estimates other than the assumption that the Company is a going concern.</p>
CY2021Q2 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
690 usd
us-gaap Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
P3Y
us-gaap Depreciation
Depreciation
115 usd
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
75000000 shares
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
5000000 shares
CY2021Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
5000 usd
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.02
CY2021Q4 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
31400 usd
CY2022Q3 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
11229 usd
CY2022Q3 mine Total Outstanding Loans From Related Parties
TotalOutstandingLoansFromRelatedParties
11229 usd

Files In Submission

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0001477932-22-007429-xbrl.zip Edgar Link pending
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R5.htm Edgar Link pending
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report.css Edgar Link pending
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mine-20220831_lab.xml Edgar Link unprocessable
mine-20220831_cal.xml Edgar Link unprocessable
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