$MINR
Minerva Gold Inc.

2023 Q3 Form 10-Q Financial Statement

#000147793223005084 Filed on July 07, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2023 Q1
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
YoY Change -1.72%
% of Gross Profit
Operating Expenses -$3.555K -$11.59K
YoY Change 25.31% 38.94%
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$3.555K -$11.59K
YoY Change 25.31% 38.94%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$3.555K -$11.59K
YoY Change 25.31% 38.94%
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 2023 Q3 2023 Q2 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $0.00 $4.512K $14.78K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $0.00 $14.78K
YoY Change -100.0% -47.46%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $172.00 $287.00
YoY Change -57.32% -44.59%
Total Long-Term Assets $172.00 $307.00
YoY Change -57.32% -40.73%
TOTAL ASSETS
Total Short-Term Assets $0.00 $14.78K
Total Long-Term Assets $172.00 $307.00
Total Assets $172.00 $15.09K
YoY Change -99.13% -47.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $0.00 $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 $13.31K $13.08K
YoY Change 18.55% 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 $13.31K $13.08K
Total Long-Term Liabilities
Total Liabilities $13.31K $13.08K
YoY Change 18.55% 45.76%
SHAREHOLDERS EQUITY
Retained Earnings -$49.54K -$45.99K -$34.39K
YoY Change 77.54% 105.66%
Common Stock $6.570K $6.570K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$13.14K -$9.585K $2.008K
YoY Change
Total Liabilities & Shareholders Equity $172.00 $4.742K $15.09K
YoY Change -99.13% -47.34%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2023 Q1
OPERATING ACTIVITIES
Net Income -$3.555K -$11.59K
YoY Change 25.31% 38.94%
Depreciation, Depletion And Amortization $57.00
YoY Change -1.72%
Cash From Operating Activities -$10.72K
YoY Change 124.01%
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 $433.00
YoY Change -65.53%
NET CHANGE
Cash From Operating Activities -$10.72K
Cash From Investing Activities $0.00
Cash From Financing Activities $433.00
Net Change In Cash -$10.29K
YoY Change 191.44%
FREE CASH FLOW
Cash From Operating Activities -$10.72K
Capital Expenditures $0.00
Free Cash Flow -$10.72K
YoY Change 124.01%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q2 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
13312 usd
CY2023Q1 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
12879 usd
CY2023Q2 dei Entity Central Index Key
EntityCentralIndexKey
0001854816
CY2023Q2 dei Amendment Flag
AmendmentFlag
false
CY2023Q2 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--02-28
CY2023Q2 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q2 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
75000000 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
6570000 shares
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
6570000 shares
CY2023Q2 dei Document Type
DocumentType
10-Q
CY2023Q2 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2023Q2 dei Document Period End Date
DocumentPeriodEndDate
2023-05-31
CY2023Q2 dei Document Transition Report
DocumentTransitionReport
false
CY2023Q2 dei Entity File Number
EntityFileNumber
333-255230
CY2023Q2 dei Entity Registrant Name
EntityRegistrantName
MINERVA GOLD INC.
CY2023Q2 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
CY2023Q2 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
98-1588963
CY2023Q2 dei Entity Address Address Line1
EntityAddressAddressLine1
12/1 Kunayev str
CY2023Q2 dei Entity Address Address Line2
EntityAddressAddressLine2
IA 17
CY2023Q2 dei Entity Address City Or Town
EntityAddressCityOrTown
Nur-Sultan
CY2023Q2 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
010000
CY2023Q2 dei Entity Address Country
EntityAddressCountry
KZ
CY2023Q2 dei City Area Code
CityAreaCode
725
CY2023Q2 dei Local Phone Number
LocalPhoneNumber
225-1800
CY2023Q2 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023Q2 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023Q2 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023Q2 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2023Q2 dei Entity Small Business
EntitySmallBusiness
true
CY2023Q2 dei Entity Ex Transition Period
EntityExTransitionPeriod
false
CY2023Q2 dei Entity Shell Company
EntityShellCompany
false
CY2023Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
6570000 shares
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
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CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
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CY2023Q1 us-gaap Common Stock Shares Issued
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CY2023Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
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CY2023Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
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CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-45985 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-34392 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
-9585 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
2008 usd
CY2023Q2 us-gaap Liabilities And Stockholders Equity
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4742 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
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CY2022Q2 us-gaap Revenues
Revenues
0 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-11593 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-8344 usd
CY2023Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.00
CY2022Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.00
CY2023Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
6570000 shares
CY2022Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
6570000 shares
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
19677 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
11333 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
2008 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q2 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
3500 usd
CY2022Q2 us-gaap Depreciation
Depreciation
58 usd
CY2022Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4786 usd
CY2022Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
0 usd
CY2022Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
0 usd
CY2022Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2022Q2 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
1256 usd
CY2022Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1256 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-3530 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24602 usd
CY2022Q2 us-gaap Interest Paid Net
InterestPaidNet
0 usd
CY2022Q2 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
CY2021Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4512 usd
CY2023Q2 mine Proceeds From Common Stock
ProceedsFromCommonStock
36400 usd
CY2023Q2 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>
CY2023Q2 mine Property Plant And Equipments Useful Life
PropertyPlantAndEquipmentsUsefulLife
P3Y
CY2023Q2 us-gaap Depreciation
Depreciation
57 usd
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
75000000 shares
CY2023Q2 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
13312 usd
CY2023Q2 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
13312 usd
CY2023Q1 mine Description Of Option Agreement
DescriptionOfOptionAgreement
the Company is obligated to make aggregate cash payments of $500,000 within 6 months of execution of the SPA, fund exploration and development work on the Property in 2024 totalling at least $300,000 and transfer to the Optioner not less than 30%

Files In Submission

Name View Source Status
0001477932-23-005084-index-headers.html Edgar Link pending
0001477932-23-005084-index.html Edgar Link pending
0001477932-23-005084.txt Edgar Link pending
0001477932-23-005084-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
mine-20230531.xsd Edgar Link pending
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mine-20230531_cal.xml Edgar Link unprocessable
mine-20230531_def.xml Edgar Link unprocessable
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mine-20230531_lab.xml Edgar Link unprocessable
mine_10q_htm.xml Edgar Link completed
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Show.js Edgar Link pending