$MINR
Minerva Gold Inc.

2023 Q2 Form 10-K Financial Statement

#000147793223003171 Filed on May 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2023
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $57.00 $231.00
YoY Change -1.72% 34.3%
% of Gross Profit
Operating Expenses -$11.59K $17.67K
YoY Change 38.94% -212.29%
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$11.59K -$17.67K
YoY Change 38.94% 12.29%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$11.59K -$17.67K
YoY Change 38.94% 12.29%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 6.570M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q2 2023 Q1 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $4.512K $14.78K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $14.78K
YoY Change -47.46%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $287.00
YoY Change -44.59%
Total Long-Term Assets $307.00
YoY Change -40.73%
TOTAL ASSETS
Total Short-Term Assets $14.78K
Total Long-Term Assets $307.00
Total Assets $15.09K
YoY Change -47.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.015K $200.00
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $13.08K
YoY Change 45.76%
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 $13.08K
Total Long-Term Liabilities
Total Liabilities $13.08K
YoY Change 45.76%
SHAREHOLDERS EQUITY
Retained Earnings -$45.99K -$34.39K
YoY Change 105.66%
Common Stock $6.570K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$9.585K $2.008K
YoY Change
Total Liabilities & Shareholders Equity $4.742K $15.09K
YoY Change -47.34%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2023
OPERATING ACTIVITIES
Net Income -$11.59K -$17.67K
YoY Change 38.94% 12.29%
Depreciation, Depletion And Amortization $57.00 $231.00
YoY Change -1.72% 34.3%
Cash From Operating Activities -$10.72K -$17.24K
YoY Change 124.01% 10.76%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00 $0.00
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $433.00 $3.906K
YoY Change -65.53% -90.08%
NET CHANGE
Cash From Operating Activities -$10.72K -$17.24K
Cash From Investing Activities $0.00 $0.00
Cash From Financing Activities $433.00 $3.906K
Net Change In Cash -$10.29K -$13.33K
YoY Change 191.44% -157.63%
FREE CASH FLOW
Cash From Operating Activities -$10.72K -$17.24K
Capital Expenditures $0.00 $0.00
Free Cash Flow -$10.72K -$17.24K
YoY Change 124.01% 6.06%

Facts In Submission

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CY2022Q1 us-gaap Due To Related Parties Current
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CY2023 dei Amendment Flag
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CY2023 dei Current Fiscal Year End Date
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CY2023 dei Document Fiscal Period Focus
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CY2023 dei Document Annual Report
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CY2023 dei Document Period End Date
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CY2023 dei Document Transition Report
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CY2023 dei Entity File Number
EntityFileNumber
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CY2023 dei Entity Registrant Name
EntityRegistrantName
MINERVA GOLD INC.
CY2023 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
CY2023 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
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CY2023 dei Entity Address Address Line1
EntityAddressAddressLine1
12/1 Kunayev str
CY2023 dei Entity Address Address Line2
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CY2023 dei Entity Address City Or Town
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CY2023 dei Entity Address Postal Zip Code
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CY2023 dei Entity Address Country
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CY2023 dei City Area Code
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CY2023 dei Local Phone Number
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CY2023 dei Entity Well Known Seasoned Issuer
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CY2023 dei Entity Voluntary Filers
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Fruci & Associates II, PLLC
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<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;">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>
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