2024 Q1 Form 10-Q Financial Statement
#000168316824000991 Filed on February 14, 2024
Income Statement
Concept | 2024 Q1 | 2023 Q4 | 2022 Q4 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $179.8K | $182.9K | $1.134M |
YoY Change | -19.78% | -83.87% | -13.76% |
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $179.8K | $182.9K | $1.134M |
YoY Change | -19.78% | -83.87% | -13.76% |
Operating Profit | -$179.8K | -$182.9K | -$1.134M |
YoY Change | -19.78% | -83.87% | |
Interest Expense | $59.12K | $110.5K | -$67.86K |
YoY Change | 5.28% | -262.83% | 5650.85% |
% of Operating Profit | |||
Other Income/Expense, Net | -$689.0K | -$411.5K | -$980.6K |
YoY Change | 331.09% | -58.04% | |
Pretax Income | -$868.8K | -$594.4K | -$2.183M |
YoY Change | 126.25% | -72.77% | 65.81% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$868.8K | -$594.4K | -$2.183M |
YoY Change | 126.25% | -72.77% | 65.81% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | $0.00 | $0.00 | -$0.01 |
Diluted Earnings Per Share | $0.00 | $0.00 | -$0.01 |
COMMON SHARES | |||
Basic Shares Outstanding | 539.5M shares | 308.2M shares | 182.8M shares |
Diluted Shares Outstanding | 529.2M shares | 418.0M shares | 186.6M shares |
Balance Sheet
Concept | 2024 Q1 | 2023 Q4 | 2022 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $480.00 | $5.020K | $2.090K |
YoY Change | -86.7% | 140.19% | -79.69% |
Cash & Equivalents | $475.00 | $5.021K | $2.088K |
Short-Term Investments | |||
Other Short-Term Assets | $412.0K | $482.5K | $400.0K |
YoY Change | -18.82% | 20.63% | -91.59% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $412.5K | $487.5K | $402.1K |
YoY Change | -19.3% | 21.25% | -91.56% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $450.0K | $450.0K | $1.650M |
YoY Change | 0.0% | -72.73% | 225.1% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $507.5K | $507.5K | $16.96M |
YoY Change | 0.0% | -97.01% | 3241.19% |
TOTAL ASSETS | |||
Total Short-Term Assets | $412.5K | $487.5K | $402.1K |
Total Long-Term Assets | $507.5K | $507.5K | $16.96M |
Total Assets | $920.0K | $995.1K | $17.36M |
YoY Change | -9.68% | -94.27% | 229.22% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $120.4K | $109.8K | $65.17K |
YoY Change | 97.33% | 68.42% | 174.4% |
Accrued Expenses | $690.6K | $597.0K | $54.43K |
YoY Change | 839.78% | 996.9% | -83.23% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $335.0K | $318.7K | $5.865M |
YoY Change | 102.67% | -94.57% | 1063.89% |
Long-Term Debt Due | $372.9K | $391.9K | $443.8K |
YoY Change | -7.19% | -11.69% | |
Total Short-Term Liabilities | $2.777M | $2.596M | $7.874M |
YoY Change | 39.2% | -67.03% | 779.95% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.777M | $2.596M | $7.874M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $2.777M | $2.596M | $7.874M |
YoY Change | 39.2% | -67.03% | 779.95% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$27.38M | -$26.51M | -$24.62M |
YoY Change | 9.53% | 7.71% | |
Common Stock | $570.9K | $471.1K | $191.8K |
YoY Change | 172.46% | 145.55% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$1.857M | -$1.601M | $9.486M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $920.0K | $995.1K | $17.36M |
YoY Change | -9.68% | -94.27% | 229.22% |
Cashflow Statement
Concept | 2024 Q1 | 2023 Q4 | 2022 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$868.8K | -$594.4K | -$2.183M |
YoY Change | 126.25% | -72.77% | 65.81% |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$89.55K | -$136.4K | -$75.44K |
YoY Change | -60.18% | 80.85% | 126.82% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | ||
YoY Change | |||
Cash From Investing Activities | $0.00 | ||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 85.00K | 127.9K | 70.61K |
YoY Change | -62.46% | 81.16% | 62.14% |
NET CHANGE | |||
Cash From Operating Activities | -89.55K | -136.4K | -75.44K |
Cash From Investing Activities | 0.000 | ||
Cash From Financing Activities | 85.00K | 127.9K | 70.61K |
Net Change In Cash | -4.550K | -8.510K | -4.830K |
YoY Change | -401.32% | 76.19% | -146.94% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$89.55K | -$136.4K | -$75.44K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
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-9559411 | usd | |
CY2023Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2022Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd | |
CY2023Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-594391 | usd |
CY2022Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2182732 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-966863 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-9559411 | usd | |
CY2023Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
CY2023Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | |
CY2022Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | |
CY2022Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.01 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.05 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.05 | ||
CY2023Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
418041453 | shares |
CY2023Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
418041453 | shares |
CY2022Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
186600326 | shares |
CY2022Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
186600326 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
331583394 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
331583394 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
177936989 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
177936989 | shares | |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1202385 | usd |
CY2023Q3 | stal |
Stock Issued For Debt Value
StockIssuedForDebtValue
|
76445 | usd |
CY2023Q3 | stal |
Preferred Stock Converted To Common Stock
PreferredStockConvertedToCommonStock
|
141392 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
10000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-372472 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1347020 | usd |
CY2023Q4 | stal |
Stock Issued For Debt Value
StockIssuedForDebtValue
|
32733 | usd |
CY2023Q4 | stal |
Preferred Stock Converted To Common Stock
PreferredStockConvertedToCommonStock
|
165520 | usd |
CY2023Q4 | stal |
Preferred Stock Redemption Value
PreferredStockRedemptionValue
|
-14329 | usd |
CY2023Q4 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
80000 | usd |
CY2023Q4 | stal |
Stock Granted For Debt Issuance Cost
StockGrantedForDebtIssuanceCost
|
71495 | usd |
CY2023Q4 | stal |
Forgiveness Of Debt Related Party Value
ForgivenessOfDebtRelatedPartyValue
|
5000 | usd |
CY2023Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-594391 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1600992 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1442462 | usd |
CY2022Q3 | stal |
Preferred Stock Issued During Period Value New Issues
PreferredStockIssuedDuringPeriodValueNewIssues
|
46500 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
5750000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7376679 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-137717 | usd |
CY2022Q4 | stal |
Preferred Stock Issued During Period Value New Issues
PreferredStockIssuedDuringPeriodValueNewIssues
|
50750 | usd |
CY2022Q4 | stal |
Preferred Stock Converted To Common Stock
PreferredStockConvertedToCommonStock
|
766545 | usd |
CY2022Q4 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
103923 | usd |
CY2022Q4 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
165000 | usd |
CY2022Q4 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
69905 | usd |
CY2022Q4 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
10650000 | usd |
CY2022Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2182732 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
9485674 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-966863 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-9559411 | usd | |
stal |
Prepaid Stock Issued For Services
PrepaidStockIssuedForServices
|
0 | usd | |
stal |
Prepaid Stock Issued For Services
PrepaidStockIssuedForServices
|
1813853 | usd | |
stal |
Issuance Of Stock And Warrants For Services Or Claims Related Party
IssuanceOfStockAndWarrantsForServicesOrClaimsRelatedParty
|
0 | usd | |
stal |
Issuance Of Stock And Warrants For Services Or Claims Related Party
IssuanceOfStockAndWarrantsForServicesOrClaimsRelatedParty
|
5915000 | usd | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
0 | usd | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
69905 | usd | |
stal |
Loss On Conversion Of Preferred Stock
LossOnConversionOfPreferredStock
|
306373 | usd | |
stal |
Loss On Conversion Of Preferred Stock
LossOnConversionOfPreferredStock
|
758124 | usd | |
us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
-156178 | usd | |
us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
-460682 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
143627 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
159999 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-0 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-47350 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
|
-803 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
|
12411 | usd | |
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
28633 | usd | |
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
36886 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
18283 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
6991 | usd | |
us-gaap |
Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
|
151481 | usd | |
us-gaap |
Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
|
97349 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-163091 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-180861 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
0 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
42000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
10000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
80000 | usd | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
97250 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
145800 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
0 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
-0 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
28025 | usd | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
57750 | usd | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
-0 | usd | |
us-gaap |
Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
|
14329 | usd | |
us-gaap |
Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
|
-0 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
163721 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
111225 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
630 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-69636 | usd | |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4391 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
71724 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5021 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2088 | usd |
stal |
Conversion Of Debt
ConversionOfDebt
|
53120 | usd | |
stal |
Conversion Of Debt
ConversionOfDebt
|
154300 | usd | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p id="xdx_807_eus-gaap--NatureOfOperations_zyBraCI0wlA2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE 1 – <span id="xdx_82E_z0H5MXLleWDh">NATURE OF BUSINESS</span> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="background-color: white">Star Alliance International Corp. (“the Company”, “we”, “us”) was originally incorporated with the name Asteriko Corp. in the State of Nevada on April 17, 2014, under the laws of the state of Nevada. The primary purpose of the Company is to acquire and develop gold mining as well as certain other mining properties worldwide, finding patented new mining technologies and proprietary technology outside the mining industry.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="background-color: white"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="background-color: white"></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>GOING CONCERN</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business. As shown in the accompanying unaudited financial statements, the Company has an accumulated deficit of $<span id="xdx_909_eus-gaap--RetainedEarningsAccumulatedDeficit_iNI_di_c20231231_zB6M55iB3vm2">26,514,657</span> as of December 31, 2023. For the period ended December 31, 2023, the Company had a net loss of $<span id="xdx_90B_eus-gaap--NetIncomeLoss_iN_di_c20230701__20231231_zqPK4Jq4TzLi">966,863</span> and used $<span id="xdx_908_eus-gaap--NetCashProvidedByUsedInOperatingActivities_iN_di_c20230701__20231231_zxkGe1VGrdFg">163,091</span> of cash in operating activities. Due to these conditions, it raises substantial doubt about the Company’s ability to continue as a going concern.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">The Company is attempting to commence operations and generate sufficient revenue; however, the Company’s cash position may not be sufficient to support its daily operations. While the Company believes in the viability of its strategy to commence operations and generate sufficient revenue and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon its ability to further implement its business plan and generate sufficient revenue and its ability to raise additional funds. The financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that may result should the Company be unable to continue as a going concern.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | ||
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-26514657 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-966863 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-163091 | usd | |
CY2023Q2 | stal |
Mine Assets
MineAssets
|
450000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
450000 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
450000 | usd |
CY2023Q4 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
188200 | usd |
CY2023Q2 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
127400 | usd |
CY2023Q4 | stal |
Mine Assets
MineAssets
|
450000 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_84C_eus-gaap--UseOfEstimates_zMPRTzin73c7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration: underline"><span id="xdx_86C_zZeus3Yfh5fh">Use of Estimates</span></span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; 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 reporting period. Actual results could differ from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | ||
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p id="xdx_843_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zCUekt3alUMk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i><span style="text-decoration: underline"><span id="xdx_861_zjeqHgqot5tf">Reclassifications</span></span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Certain reclassifications have been made to the prior period financial information to conform to the presentation used in the financial statements for the six months ended December 31, 2023.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | ||
CY2023Q2 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
502006 | usd |
us-gaap |
Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
|
0 | usd | |
us-gaap |
Payments For Repurchase Of Redeemable Convertible Preferred Stock
PaymentsForRepurchaseOfRedeemableConvertiblePreferredStock
|
106605 | usd | |
CY2023Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
395941 | usd |
CY2023Q2 | stal |
Less Debt Discount
LessDebtDiscount
|
-105354 | usd |
CY2023Q4 | stal |
Less Debt Discount
LessDebtDiscount
|
-4061 | usd |
CY2023Q2 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
396652 | usd |
CY2023Q4 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
391880 | usd |
CY2023Q2 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
1010145 | usd |
us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues
|
0 | usd | |
stal |
Decrease To Derivative Due To Conversion
DecreaseToDerivativeDueToConversion
|
-160395 | usd | |
stal |
Derivative Loss Due To Mark To Market Adjustment
DerivativeLossDueToMarkToMarketAdjustment
|
260034 | usd | |
CY2023Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
1109784 | usd |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
25000000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 |