$MINR
Minerva Gold Inc.

2024 Q2 Form 10-K Financial Statement

#000147793224003036 Filed on May 16, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2024
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 $58.00 $230.00
YoY Change 1.75% -0.43%
% of Gross Profit
Operating Expenses -$13.40K -$35.66K
YoY Change 15.57% -301.82%
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$13.40K -$35.66K
YoY Change 15.57% 101.82%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$13.40K -$35.66K
YoY Change 15.57% 101.82%
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 2024 Q2 2024 Q1 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $0.00 $0.00
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $0.00 $0.00
YoY Change -100.0%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $58.00
YoY Change -79.79%
Total Long-Term Assets $0.00 $58.00
YoY Change -81.11%
TOTAL ASSETS
Total Short-Term Assets $0.00 $0.00
Total Long-Term Assets $0.00 $58.00
Total Assets $0.00 $58.00
YoY Change -99.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $0.00 $0.00
YoY Change -100.0% -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 $47.05K $33.71K
YoY Change 157.74%
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 $47.05K $33.71K
Total Long-Term Liabilities
Total Liabilities $47.05K $33.71K
YoY Change 157.74%
SHAREHOLDERS EQUITY
Retained Earnings -$83.45K -$70.05K
YoY Change 81.47% 103.69%
Common Stock $6.570K $6.570K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$47.05K -$33.65K
YoY Change
Total Liabilities & Shareholders Equity $0.00 $58.00
YoY Change -100.0% -99.62%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2024
OPERATING ACTIVITIES
Net Income -$13.40K -$35.66K
YoY Change 15.57% 101.82%
Depreciation, Depletion And Amortization $58.00 $230.00
YoY Change 1.75% -0.43%
Cash From Operating Activities -$13.34K -$35.63K
YoY Change 24.43% 106.69%
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 $36.40K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $13.34K $20.83K
YoY Change 2980.83% 433.28%
NET CHANGE
Cash From Operating Activities -$13.34K -$35.63K
Cash From Investing Activities
Cash From Financing Activities $13.34K $20.83K
Net Change In Cash $0.00 -$14.80K
YoY Change -100.0% 11.01%
FREE CASH FLOW
Cash From Operating Activities -$13.34K -$35.63K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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MINERVA GOLD INC.
CY2024 dei Entity Incorporation State Country Code
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NV
CY2024 dei Entity Tax Identification Number
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12/1 Kunayev str
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CY2024 dei City Area Code
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CY2024 dei Local Phone Number
LocalPhoneNumber
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CY2024 dei Entity Well Known Seasoned Issuer
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CY2024 dei Auditor Name
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CY2024 dei Auditor Firm
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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;"> </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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CY2024 mine Description Of Expiry
DescriptionOfExpiry
expire in fiscal 2044

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