2024 Q4 Form 10-Q Financial Statement
#000164033424001870 Filed on December 13, 2024
Income Statement
Concept | 2024 Q4 | 2023 Q4 |
---|---|---|
Revenue | $25.53K | $3.950K |
YoY Change | 546.28% | |
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 | $14.95K | $5.928K |
YoY Change | 152.21% | |
% of Gross Profit | ||
Operating Expenses | $80.09K | $73.27K |
YoY Change | 9.31% | 101.0% |
Operating Profit | -$54.56K | -$69.32K |
YoY Change | -21.29% | 212.29% |
Interest Expense | $19.92K | $0.00 |
YoY Change | -100.0% | |
% of Operating Profit | ||
Other Income/Expense, Net | $3.074K | -$9.258K |
YoY Change | -133.2% | |
Pretax Income | -$74.49K | -$78.58K |
YoY Change | -5.21% | 254.0% |
Income Tax | $0.00 | $0.00 |
% Of Pretax Income | ||
Net Earnings | -$74.44K | -$78.58K |
YoY Change | -5.26% | 254.0% |
Net Earnings / Revenue | -291.6% | -1989.29% |
Basic Earnings Per Share | ||
Diluted Earnings Per Share | -$0.01 | -$0.13 |
COMMON SHARES | ||
Basic Shares Outstanding | 11.99M shares | 586.7K shares |
Diluted Shares Outstanding | 11.99M shares | 586.7K shares |
Balance Sheet
Concept | 2024 Q4 | 2023 Q4 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | ||
YoY Change | ||
Cash & Equivalents | $15.17K | $220.4K |
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | $1.684M | |
Prepaid Expenses | $28.90K | |
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $1.700M | $480.7K |
YoY Change | 253.54% | 4.84% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $1.972M | $973.3K |
YoY Change | 102.57% | |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | ||
YoY Change | ||
Total Long-Term Assets | $1.972M | $1.921M |
YoY Change | 2.65% | 38.21% |
TOTAL ASSETS | ||
Total Short-Term Assets | $1.700M | $480.7K |
Total Long-Term Assets | $1.972M | $1.921M |
Total Assets | $3.671M | $2.402M |
YoY Change | 52.87% | 29.93% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | ||
YoY Change | ||
Accrued Expenses | ||
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $431.1K | |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $1.849M | $3.979M |
YoY Change | -53.54% | 154.74% |
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 | $1.849M | $3.979M |
Total Long-Term Liabilities | ||
Total Liabilities | $2.584M | $4.194M |
YoY Change | -38.39% | 168.52% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$2.094M | -$2.124M |
YoY Change | -1.41% | 4575.5% |
Common Stock | $11.99K | $587.00 |
YoY Change | 1942.08% | -99.82% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.087M | -$1.793M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $3.671M | $2.402M |
YoY Change | 52.87% | 29.93% |
Cashflow Statement
Concept | 2024 Q4 | 2023 Q4 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$74.44K | -$78.58K |
YoY Change | -5.26% | 254.0% |
Depreciation, Depletion And Amortization | $14.95K | $5.928K |
YoY Change | 152.21% | |
Cash From Operating Activities | -$159.6K | -$38.05K |
YoY Change | 319.47% | -1776.86% |
INVESTING ACTIVITIES | ||
Capital Expenditures | ||
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | ||
YoY Change | ||
Cash From Investing Activities | -$153.4K | -$94.96K |
YoY Change | 61.58% | -93.41% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | $308.0K | $201.7K |
YoY Change | 52.67% | -86.0% |
NET CHANGE | ||
Cash From Operating Activities | -$159.6K | -$38.05K |
Cash From Investing Activities | -$153.4K | -$94.96K |
Cash From Financing Activities | $308.0K | $201.7K |
Net Change In Cash | -$5.076K | $68.70K |
YoY Change | -107.39% | 2052.32% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$159.6K | -$38.05K |
Capital Expenditures | ||
Free Cash Flow | ||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
15169 | usd |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
20245 | usd |
CY2024Q4 | us-gaap |
Assets
Assets
|
3671312 | usd |
CY2024Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
47607 | usd |
CY2024Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
79563 | usd |
CY2024Q4 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
307960 | usd |
CY2024Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-5076 | usd |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
20245 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
151718 | usd |
CY2024Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
15169 | usd |
CY2024Q4 | us-gaap |
Interest Paid Net
InterestPaidNet
|
25290 | usd |
CY2024Q4 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
CY2024Q4 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001556801 | |
CY2024Q4 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2024Q4 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--07-31 | |
CY2024Q4 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2024Q4 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2025 | |
CY2024Q4 | dei |
Entity Address Address Line3
EntityAddressAddressLine3
|
1611 | |
CY2024Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
11986686 | shares |
CY2024Q4 | dei |
Document Type
DocumentType
|
10-Q | |
CY2024Q4 | dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | |
CY2024Q4 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2024-10-31 | |
CY2024Q4 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2024Q4 | dei |
Entity File Number
EntityFileNumber
|
000-55233 | |
CY2024Q4 | dei |
Entity Registrant Name
EntityRegistrantName
|
My City Builders, Inc. | |
CY2024Q4 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
NV | |
CY2024Q4 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
27-3816969 | |
CY2024Q4 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
100 Biscayne Blvd. | |
CY2024Q4 | dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
#1611 | |
CY2024Q4 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Miami | |
CY2024Q4 | dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
FL | |
CY2024Q4 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
33132 | |
CY2024Q4 | dei |
City Area Code
CityAreaCode
|
786 | |
CY2024Q4 | dei |
Local Phone Number
LocalPhoneNumber
|
553-4006 | |
CY2024Q4 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2024Q4 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2024Q4 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2024Q4 | dei |
Entity Small Business
EntitySmallBusiness
|
true | |
CY2024Q4 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
CY2024Q4 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
CY2024Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
11986686 | shares |
CY2024Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
188 | usd |
CY2024Q3 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
2607 | usd |
CY2024Q4 | us-gaap |
Inventory Net
InventoryNet
|
1684279 | usd |
CY2024Q3 | us-gaap |
Inventory Net
InventoryNet
|
1613005 | usd |
CY2024Q4 | us-gaap |
Assets Current
AssetsCurrent
|
1699636 | usd |
CY2024Q3 | us-gaap |
Assets Current
AssetsCurrent
|
1635857 | usd |
CY2024Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1971676 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1833192 | usd |
CY2024Q3 | us-gaap |
Assets
Assets
|
3469049 | usd |
CY2024Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
25000 | usd |
CY2024Q3 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
25000 | usd |
CY2024Q4 | jrvs |
Loans Payable Related Party Current
LoansPayableRelatedPartyCurrent
|
0 | usd |
CY2024Q3 | jrvs |
Loans Payable Related Party Current
LoansPayableRelatedPartyCurrent
|
28500 | usd |
CY2024Q4 | jrvs |
Due To Related Party Current
DueToRelatedPartyCurrent
|
1345000 | usd |
CY2024Q3 | jrvs |
Due To Related Party Current
DueToRelatedPartyCurrent
|
1106000 | usd |
CY2024Q4 | jrvs |
Bank Borrowings Net Current
BankBorrowingsNetCurrent
|
431072 | usd |
CY2024Q3 | jrvs |
Bank Borrowings Net Current
BankBorrowingsNetCurrent
|
332589 | usd |
CY2024Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1848679 | usd |
CY2024Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1571652 | usd |
CY2024Q4 | us-gaap |
Long Term Loans From Bank
LongTermLoansFromBank
|
710438 | usd |
CY2024Q3 | us-gaap |
Long Term Loans From Bank
LongTermLoansFromBank
|
710717 | usd |
CY2024Q4 | us-gaap |
Other Loans Payable Long Term
OtherLoansPayableLongTerm
|
25000 | usd |
CY2024Q3 | us-gaap |
Other Loans Payable Long Term
OtherLoansPayableLongTerm
|
25000 | usd |
CY2024Q4 | us-gaap |
Liabilities
Liabilities
|
2584117 | usd |
CY2024Q3 | us-gaap |
Liabilities
Liabilities
|
2307369 | usd |
CY2024Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2024Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | usd |
CY2024Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | usd |
CY2024Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2024Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
11986686 | shares |
CY2024Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
11986686 | shares |
CY2024Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
11987 | usd |
CY2024Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
11987 | usd |
CY2024Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
3169714 | usd |
CY2024Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
3169714 | usd |
CY2024Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-2094394 | usd |
CY2024Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-2019954 | usd |
CY2024Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1087407 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1161847 | usd |
CY2024Q4 | us-gaap |
Minority Interest
MinorityInterest
|
-212 | usd |
CY2024Q3 | us-gaap |
Minority Interest
MinorityInterest
|
-167 | usd |
CY2024Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1087195 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1161680 | usd |
CY2024Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3671312 | usd |
CY2024Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3469049 | usd |
CY2024Q4 | jrvs |
Direct Financing Lease Rental Income
DirectFinancingLeaseRentalIncome
|
25528 | usd |
CY2023Q4 | jrvs |
Direct Financing Lease Rental Income
DirectFinancingLeaseRentalIncome
|
6169 | usd |
CY2024Q4 | us-gaap |
Revenues
Revenues
|
25528 | usd |
CY2023Q4 | us-gaap |
Revenues
Revenues
|
6169 | usd |
CY2024Q4 | jrvs |
Cost Of Rental Homes
CostOfRentalHomes
|
6593 | usd |
CY2023Q4 | jrvs |
Cost Of Rental Homes
CostOfRentalHomes
|
2219 | usd |
CY2024Q4 | us-gaap |
Depreciation
Depreciation
|
14951 | usd |
CY2023Q4 | us-gaap |
Depreciation
Depreciation
|
5928 | usd |
CY2024Q4 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
7301 | usd |
CY2023Q4 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
9805 | usd |
CY2024Q4 | us-gaap |
Professional Fees
ProfessionalFees
|
51247 | usd |
CY2023Q4 | us-gaap |
Professional Fees
ProfessionalFees
|
57536 | usd |
CY2024Q4 | us-gaap |
Operating Expenses
OperatingExpenses
|
80092 | usd |
CY2023Q4 | us-gaap |
Operating Expenses
OperatingExpenses
|
75488 | usd |
CY2024Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-54564 | usd |
CY2023Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-69319 | usd |
CY2024Q4 | jrvs |
Other Interest Expense Related Party
OtherInterestExpenseRelatedParty
|
0 | usd |
CY2023Q4 | jrvs |
Other Interest Expense Related Party
OtherInterestExpenseRelatedParty
|
9258 | usd |
CY2024Q4 | us-gaap |
Interest Expense
InterestExpense
|
19921 | usd |
CY2023Q4 | us-gaap |
Interest Expense
InterestExpense
|
0 | usd |
CY2024Q4 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-19921 | usd |
CY2023Q4 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-9258 | usd |
CY2024Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-74485 | usd |
CY2023Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-78577 | usd |
CY2024Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2023Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2024Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-74485 | usd |
CY2023Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-78577 | usd |
CY2024Q4 | us-gaap |
Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
|
-45 | usd |
CY2023Q4 | us-gaap |
Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
|
-80 | usd |
CY2024Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-74440 | usd |
CY2023Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-78497 | usd |
CY2024Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.01 | |
CY2023Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.13 | |
CY2024Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
11986686 | shares |
CY2023Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
586686 | shares |
CY2024Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1161680 | usd |
CY2024Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-74485 | usd |
CY2024Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1087195 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-1714072 | usd |
CY2023Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-78577 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-1792649 | usd |
CY2024Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-74485 | usd |
CY2023Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-78577 | usd |
CY2024Q4 | us-gaap |
Depreciation
Depreciation
|
14951 | usd |
CY2023Q4 | us-gaap |
Depreciation
Depreciation
|
5928 | usd |
CY2024Q4 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
744 | usd |
CY2023Q4 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
0 | usd |
CY2024Q4 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
0 | usd |
CY2023Q4 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
5954 | usd |
CY2024Q4 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
2419 | usd |
CY2023Q4 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
0 | usd |
CY2024Q4 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
0 | usd |
CY2023Q4 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
-265 | usd |
CY2024Q4 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-31956 | usd |
CY2023Q4 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
28382 | usd |
CY2024Q4 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
71274 | usd |
CY2023Q4 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
0 | usd |
CY2024Q4 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-159601 | usd |
CY2023Q4 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-38048 | usd |
CY2024Q4 | us-gaap |
Payments For Construction In Process
PaymentsForConstructionInProcess
|
153435 | usd |
CY2023Q4 | us-gaap |
Payments For Construction In Process
PaymentsForConstructionInProcess
|
94960 | usd |
CY2024Q4 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-153435 | usd |
CY2023Q4 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-94960 | usd |
CY2024Q4 | us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
99258 | usd |
CY2023Q4 | us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
215110 | usd |
CY2024Q4 | us-gaap |
Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
|
1798 | usd |
CY2023Q4 | us-gaap |
Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
|
0 | usd |
CY2024Q4 | jrvs |
Repayment Loans Payable Related Party
RepaymentLoansPayableRelatedParty
|
28500 | usd |
CY2023Q4 | jrvs |
Repayment Loans Payable Related Party
RepaymentLoansPayableRelatedParty
|
0 | usd |
CY2024Q4 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
239000 | usd |
CY2023Q4 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
90000 | usd |
CY2024Q4 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
0 | usd |
CY2023Q4 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
103400 | usd |
CY2023Q4 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
201710 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
68702 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
220420 | usd |
CY2023Q4 | us-gaap |
Interest Paid Net
InterestPaidNet
|
9258 | usd |
CY2023Q4 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
CY2024Q4 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;"><strong>NOTE 1 - ORGANIZATION AND BUSINESS OPERATIONS</strong></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 0px 0px 0in; text-align:justify;">My City Builders, Inc. (the “Company” or “My City Builders”) is a Nevada corporation incorporated on October 26, 2010 under the name Oconn Industries Corp. The Company’s name was changed on March 11, 2014 from Oconn Industries Corp. to Diamante Minerals, Inc., and to iMine Corporation on March 20, 2018 and to My City Builders, Inc on January 31, 2023.</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 0px 0px 0in; text-align:justify;">In July 2022, the Company acquired RAC Real Estate Acquisition Corp, a Wyoming Corporation ("RAC"). RAC is now a wholly owned subsidiary of the Company. The Company, through RAC, plans to focus on real estate transactions, in which the Company will buy and develop real estate for sale or rent of low-income housing. The Company plans to invest in three sectors of this market by (i) buying, refurbishing and selling traditional foreclosures, (ii) buying, developing and renting “Land Banks” that have an average pool of homes or lots in excess of 100 in one location and (iii) buying, refurbishing or developing and selling homes made available by the government through HECM pools.</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 0px 0px 0in; text-align:justify;">On March 27, 2023, RAC, a wholly owned subsidiary of the Company entered into a Limited Liability Company Agreement dated effective March 27, 2023, (the “Agreement”) with, Frank Gillen, an individual (“Mr. Gillen”) and Michael Colvard, an individual (“Mr. Colvard”). The purpose of the LLC is to build 3-bedroom 2-bathroom single-family low-income homes in Gadsden Alabama. On May 05, 2023, Mr. Colvard’s construction agreement with the LLC was terminated and Mr. Colvard transferred his 1% and withdrew as a member and manager of the LLC.</p><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">As a result of the Agreement, RAC, formed a limited liability company called RAC Gadsden, LLC (“Gadsden”) incorporated in the state of Alabama. Gadsden will continue until terminated pursuant to the Agreement or as provided for under the laws of Alabama. RAC owns 98% of Gadsden and the purpose of Gadsden is to purchase, finance, collateralize, improve, rehabilitate, market, sell or lease property.</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;"><em><strong>Share Exchange and Reorganization</strong></em></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;">On July 1, 2022, the Company entered into an Agreement and Plan of Reorganization dated June 30, 2022 with RAC, and the shareholders of RAC, namely Frank Gillen, Francis Pittilloni, and Yolanda Goodell (the “Shareholders”), whereby the Company issued to the Shareholders a combined 100,000 shares of Series A Preferred Stock, par value of $0.001 per share in consideration for a combined 1,000 shares of RAC common stock, par value $0.001, held by the Shareholders, which represents 100% of the issued and outstanding capital stock of RAC. As a result, RAC becomes a wholly owned subsidiary of the Company. Shareholders of RAC paid a combined capital contribution of $500,000 in cash as consideration for their combined 1,000 shares of RAC common stock.</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;"><em><strong>Recapitalization</strong></em></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;">For financial accounting purposes, this transaction was treated as a reverse acquisition by RAC and resulted in a recapitalization with RAC being the accounting acquirer and the Company as the acquired company. The consummation of this reverse acquisition resulted in a change of control. Accordingly, the historical financial statements prior to the acquisition are those of the accounting acquirer, RAC, and have been prepared to give retroactive effect to the reverse acquisition completed on June 30, 2022 and represent the operations of RAC. The consolidated financial statements after the acquisition date, June 30, 2022, include the balance sheets of both companies at fair value, the historical results of RAC and the results of the Company from the acquisition date. All share and per share information in the accompanying consolidated financial statements and footnotes has been retroactively restated to reflect the recapitalization.</p> | |
CY2024Q4 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America 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 amount of revenues and expenses during the reporting period. Actual results could differ from those estimates. The Company’s periodic filings with the SEC include, where applicable, disclosures of estimates, assumptions, uncertainties and markets that could affect the financial statements and future operations of the Company. </p> | |
CY2024Q4 | us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
4890 | usd |
CY2023Q4 | us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
0 | usd |
CY2024Q4 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">The Company’s financial instruments that are exposed to concentrations of credit risk primarily consist of its cash and related party payables it will likely incur in the near future. The Company places its cash with financial institutions of high credit worthiness. At times, its cash balance with a particular financial institution may exceed any applicable government insurance limits. The Company’s management plans to assess the financial strength and credit worthiness of any parties to which it extends funds, and as such, it believes that any associated credit risk exposures are limited.</p> | |
CY2024Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-74485 | usd |
CY2024Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-2094394 | usd |
CY2022Q4 | us-gaap |
Payments Of Capital Distribution
PaymentsOfCapitalDistribution
|
1000 | usd |
CY2022Q4 | jrvs |
Membership Interest Percentage
MembershipInterestPercentage
|
0.50 | pure |
CY2024Q3 | us-gaap |
Investments
Investments
|
0 | usd |
CY2023Q3 | us-gaap |
Investments
Investments
|
2679500 | usd |
CY2024 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
947500 | usd |
CY2023 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
1732000 | usd |
CY2024Q3 | jrvs |
Accounts Payable Related Party Current
AccountsPayableRelatedPartyCurrent
|
185238 | usd |
CY2024Q4 | us-gaap |
Payments To Acquire Buildings
PaymentsToAcquireBuildings
|
8021 | usd |
CY2024Q4 | us-gaap |
Other Expenses
OtherExpenses
|
3074 | usd |
CY2024 | us-gaap |
Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
|
1530117 | usd |
CY2024 | jrvs |
Fair Value Title Cost Payment
FairValueTitleCostPayment
|
82888 | usd |
CY2024Q3 | us-gaap |
Inventory Net
InventoryNet
|
1613005 | usd |
CY2024Q4 | jrvs |
Cost Of Restoration And Repairs
CostOfRestorationAndRepairs
|
60179 | usd |
CY2024Q4 | jrvs |
Payments To Purchase One Home Sale
PaymentsToPurchaseOneHomeSale
|
11095 | usd |
CY2024Q4 | us-gaap |
Inventory Net
InventoryNet
|
1684279 | usd |
CY2024Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
2018612 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1865177 | usd |
CY2024Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
46936 | usd |
CY2024Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
31985 | usd |
CY2024Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1971676 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1833192 | usd |
CY2024Q4 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1100 | usd |
CY2024Q4 | us-gaap |
Depreciation
Depreciation
|
14951 | usd |
CY2023Q4 | us-gaap |
Depreciation
Depreciation
|
5928 | usd |
CY2024Q4 | jrvs |
Due To Related Party Current
DueToRelatedPartyCurrent
|
1345000 | usd |
CY2024Q3 | jrvs |
Due To Related Party Current
DueToRelatedPartyCurrent
|
1106000 | usd |
CY2024Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1165440 | usd |
CY2024Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1067981 | usd |
CY2024Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
23930 | usd |
CY2024Q3 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
24675 | usd |
CY2024Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
1141510 | usd |
CY2024Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
1043306 | usd |
CY2024Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
431072 | usd |
CY2024Q3 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
332589 | usd |
CY2024Q4 | us-gaap |
Loans Payable
LoansPayable
|
710438 | usd |
CY2024Q3 | us-gaap |
Loans Payable
LoansPayable
|
710717 | usd |
CY2024Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
664967 | usd |
CY2024Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
69711 | usd |
CY2024Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
69711 | usd |
CY2024Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
69711 | usd |
CY2024Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
69711 | usd |
CY2024Q4 | jrvs |
Long Term Debt Maturities Repayments Of Principal After Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
|
1805630 | usd |
CY2024Q4 | jrvs |
Debt Instrument Long Term
DebtInstrumentLongTerm
|
2749441 | usd |
CY2024Q4 | jrvs |
Imputed Interest
ImputedInterest
|
-1584001 | usd |
CY2024Q4 | jrvs |
Long Term Debt Maturities Repayments Of Loan
LongTermDebtMaturitiesRepaymentsOfLoan
|
1165440 | usd |
CY2024Q4 | jrvs |
Schedule Of Loans Payable Related Party Table Textblock
ScheduleOfLoansPayableRelatedPartyTableTextblock
|
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;">Principal </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" style="width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;">Maturity </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;">Interest </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;">October 31,</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;">July 31,</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;">Amount</p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;">date </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;">Rate </p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;">2024</p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;">2024</p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in">Loan dated December 1,2023</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">125,000</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:right;">12/1/2053</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">9.50</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">%</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">22,500</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in">Loan dated December 1,2023</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">125,000</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:right;">12/1/2053</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">9.50</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">%</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">6,000</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in">Total loans payable</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">28,500</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in">Less: current portion </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">-</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">(28,500</td><td style="PADDING-BOTTOM: 1px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in">Long -term loans portion </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;">-</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;">-</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table> | |
CY2024Q4 | jrvs |
Description Of Repayments Of Long Term Debt
DescriptionOfRepaymentsOfLongTermDebt
|
monthly payment of $3,958 for the 360 months to be applied to interest, and thereafter, the principal and any unpaid interest due on December 1, 2053 | |
CY2024 | us-gaap |
Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
|
28500 | usd |
CY2024Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
3958 | usd |
CY2024Q3 | us-gaap |
Payments For Purchase Of Other Assets1
PaymentsForPurchaseOfOtherAssets1
|
120000 | usd |
CY2024Q3 | jrvs |
Unpaid Purchase Price
UnpaidPurchasePrice
|
50000 | usd |
CY2024Q4 | us-gaap |
Investment Interest Rate
InvestmentInterestRate
|
0.05 | pure |
CY2024Q3 | jrvs |
Loan Payable Description
LoanPayableDescription
|
principal and interest being due and payable in 2 annual installments of $25,000 plus interest, beginning July 31, 2025, and the final instalment being July 31, 2026 | |
CY2024Q3 | jrvs |
Number Of Installments
NumberOfInstallments
|
2 | integer |
CY2024Q3 | jrvs |
Installment Payment Amount
InstallmentPaymentAmount
|
25000 | usd |
CY2024Q4 | jrvs |
Construction In Progress Amount
ConstructionInProgressAmount
|
630 | usd |
CY2024Q4 | jrvs |
Goodwill Interest Allocated Amount
GoodwillInterestAllocatedAmount
|
128 | usd |
CY2024Q4 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
630 | usd |
CY2024Q4 | jrvs |
Principal Due To Related Party
PrincipalDueToRelatedParty
|
50000 | usd |
CY2024Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2024Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2024Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
11986686 | shares |