2024 Q2 Form 10-Q Financial Statement
#000168316824004357 Filed on June 20, 2024
Income Statement
Concept | 2024 Q2 | 2024 Q1 |
---|---|---|
Revenue | $0.00 | |
YoY Change | ||
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $179.8K | |
YoY Change | -19.78% | |
% of Gross Profit | ||
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | ||
YoY Change | ||
% of Gross Profit | ||
Operating Expenses | $179.8K | |
YoY Change | -19.78% | |
Operating Profit | -$179.8K | |
YoY Change | -19.78% | |
Interest Expense | $59.12K | |
YoY Change | 5.28% | |
% of Operating Profit | ||
Other Income/Expense, Net | -$689.0K | |
YoY Change | 331.09% | |
Pretax Income | -$868.8K | |
YoY Change | 126.25% | |
Income Tax | $0.00 | |
% Of Pretax Income | ||
Net Earnings | -$868.8K | |
YoY Change | 126.25% | |
Net Earnings / Revenue | ||
Basic Earnings Per Share | $0.00 | |
Diluted Earnings Per Share | $0.00 | |
COMMON SHARES | ||
Basic Shares Outstanding | 654.3M shares | 539.5M shares |
Diluted Shares Outstanding | 529.2M shares |
Balance Sheet
Concept | 2024 Q2 | 2024 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $480.00 | |
YoY Change | -86.7% | |
Cash & Equivalents | $475.00 | |
Short-Term Investments | ||
Other Short-Term Assets | $412.0K | |
YoY Change | -18.82% | |
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $412.5K | |
YoY Change | -19.3% | |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $450.0K | |
YoY Change | 0.0% | |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | ||
YoY Change | ||
Total Long-Term Assets | $507.5K | |
YoY Change | 0.0% | |
TOTAL ASSETS | ||
Total Short-Term Assets | $412.5K | |
Total Long-Term Assets | $507.5K | |
Total Assets | $920.0K | |
YoY Change | -9.68% | |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $120.4K | |
YoY Change | 97.33% | |
Accrued Expenses | $690.6K | |
YoY Change | 839.78% | |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $335.0K | |
YoY Change | 102.67% | |
Long-Term Debt Due | $372.9K | |
YoY Change | -7.19% | |
Total Short-Term Liabilities | $2.777M | |
YoY Change | 39.2% | |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | |
YoY Change | ||
Other Long-Term Liabilities | ||
YoY Change | ||
Total Long-Term Liabilities | $0.00 | |
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $2.777M | |
Total Long-Term Liabilities | $0.00 | |
Total Liabilities | $2.777M | |
YoY Change | 39.2% | |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$27.38M | |
YoY Change | 9.53% | |
Common Stock | $570.9K | |
YoY Change | 172.46% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | -$1.857M | |
YoY Change | ||
Total Liabilities & Shareholders Equity | $920.0K | |
YoY Change | -9.68% |
Cashflow Statement
Concept | 2024 Q2 | 2024 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$868.8K | |
YoY Change | 126.25% | |
Depreciation, Depletion And Amortization | ||
YoY Change | ||
Cash From Operating Activities | -$89.55K | |
YoY Change | -60.18% | |
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 | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 85.00K | |
YoY Change | -62.46% | |
NET CHANGE | ||
Cash From Operating Activities | -89.55K | |
Cash From Investing Activities | ||
Cash From Financing Activities | 85.00K | |
Net Change In Cash | -4.550K | |
YoY Change | -401.32% | |
FREE CASH FLOW | ||
Cash From Operating Activities | -$89.55K | |
Capital Expenditures | ||
Free Cash Flow | ||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--06-30 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
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EntityCentralIndexKey
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Commitments And Contingencies
CommitmentsAndContingencies
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Commitments And Contingencies
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Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
usd | |
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Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2024-03-31 | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Entity File Number
EntityFileNumber
|
333-197692 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
STAR ALLIANCE INTERNATIONAL CORP. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
NV | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
37-1757067 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
5743 Corsa Avenue | ||
dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
Suite 218 | ||
dei |
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Westlake Village | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
CA | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
91362 | ||
dei |
City Area Code
CityAreaCode
|
833 | ||
dei |
Local Phone Number
LocalPhoneNumber
|
443-7827 | ||
dei |
Security12b Title
Security12bTitle
|
Common | ||
dei |
Entity Current Reporting Status
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|
No | ||
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Entity Interactive Data Current
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No | ||
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Entity Filer Category
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|
-0.00 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | |
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 | ||
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
529178170 | shares |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
529178170 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
201814961 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
201814961 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
396969302 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
396969302 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
186334124 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
186334124 | shares | |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1202385 | usd |
CY2023Q3 | stal |
Stock Issued For Conversion Of Debt Value
StockIssuedForConversionOfDebtValue
|
76445 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
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 Conversion Of Debt Value
StockIssuedForConversionOfDebtValue
|
32733 | usd |
CY2023Q4 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
165520 | usd |
CY2023Q4 | us-gaap |
Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
|
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 |
CY2024Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
10000 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
41524 | usd |
CY2024Q1 | stal |
Stock Issued For Conversion Of Debt Value
StockIssuedForConversionOfDebtValue
|
561539 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-868815 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1856744 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1442462 | usd |
CY2022Q3 | stal |
Preferred Stock Issued During Period Value New Issues
PreferredStockIssuedDuringPeriodValueNewIssues
|
46500 | usd |
CY2022Q3 | stal |
Stock Issued During Period Value Issued For Services Related Party
StockIssuedDuringPeriodValueIssuedForServicesRelatedParty
|
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 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
766545 | usd |
CY2022Q4 | stal |
Stock Issued For Conversion Of Debt Value
StockIssuedForConversionOfDebtValue
|
103923 | usd |
CY2022Q4 | stal |
Stock Issued During Period Value Issued For Services Related Party
StockIssuedDuringPeriodValueIssuedForServicesRelatedParty
|
165000 | usd |
CY2022Q4 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
69905 | usd |
CY2022Q4 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
400000 | usd |
CY2022Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2182732 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-764326 | usd |
CY2023Q1 | stal |
Preferred Stock Issued During Period Value New Issues
PreferredStockIssuedDuringPeriodValueNewIssues
|
163950 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
152986 | usd |
CY2023Q1 | stal |
Stock Issued For Conversion Of Debt Value
StockIssuedForConversionOfDebtValue
|
228532 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
16000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
24092 | usd |
CY2023Q1 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
13375 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-384009 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-976150 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-1835678 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-9943420 | 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
|
41524 | usd | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
85905 | usd | |
stal |
Loss On Conversion Of Preferred Stock
LossOnConversionOfPreferredStock
|
306373 | usd | |
stal |
Loss On Conversion Of Preferred Stock
LossOnConversionOfPreferredStock
|
911109 | usd | |
us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
-398306 | usd | |
us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
-314120 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
181362 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
208050 | usd | |
stal |
Loss On Conversion Of Debt1
LossOnConversionOfDebt1
|
263951 | usd | |
stal |
Loss On Conversion Of Debt1
LossOnConversionOfDebt1
|
0 | usd | |
stal |
Gain On Conversion Of Debt
GainOnConversionOfDebt
|
5378 | usd | |
stal |
Gain On Conversion Of Debt
GainOnConversionOfDebt
|
-0 | usd | |
stal |
Loss On Issuance Of Convertible Debt
LossOnIssuanceOfConvertibleDebt
|
-4612 | usd | |
stal |
Loss On Issuance Of Convertible Debt
LossOnIssuanceOfConvertibleDebt
|
-97249 | usd | |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
107500 | usd | |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
37000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-39850 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
|
9878 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
|
8277 | usd | |
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
67058 | usd | |
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
49986 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
13802 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
8043 | usd | |
us-gaap |
Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
|
231053 | usd | |
us-gaap |
Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
|
86209 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-252637 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-405769 | 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
|
90000 | usd | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
261200 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
220800 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
77355 | usd | |
stal |
Repayments Of Convertible Debts
RepaymentsOfConvertibleDebts
|
-0 | usd | |
stal |
Repayments Of Convertible Debts
RepaymentsOfConvertibleDebts
|
15000 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
-0 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
27903 | 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
|
248721 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
337652 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-3916 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-68117 | 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 |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
475 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3607 | usd |
stal |
Conversion Of Debt
ConversionOfDebt
|
165765 | usd | |
stal |
Conversion Of Debt
ConversionOfDebt
|
0 | usd | |
stal |
Common Stock Issued For Prepaid Services
CommonStockIssuedForPrepaidServices
|
0 | usd | |
stal |
Common Stock Issued For Prepaid Services
CommonStockIssuedForPrepaidServices
|
1813854 | usd | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p id="xdx_80C_eus-gaap--NatureOfOperations_ziRuPHlbD7l9" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>NOTE 1 – <span id="xdx_82A_zgVt6GFqizvb">NATURE OF BUSINESS </span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 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: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>GOING CONCERN</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The accompanying unaudited 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_905_eus-gaap--RetainedEarningsAccumulatedDeficit_iNI_di_c20240331_z4ShyEkhS6xb" title="Accumulated deficit">27,383,472</span> as of March 31, 2024. For the period ended March 31, 2024, the Company had a net loss of $<span id="xdx_908_eus-gaap--NetIncomeLoss_iN_di_c20230701__20240331_z9wf4q0LcR0e" title="Net loss">1,835,678</span> and used $<span id="xdx_90E_eus-gaap--NetCashProvidedByUsedInOperatingActivities_iN_di_c20230701__20240331_zMPbbD55W152" title="Cash in operating activities">252,637</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: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 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: 0; text-align: justify"> </p> | ||
CY2024Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-27383472 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1835678 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-252637 | usd | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_84A_eus-gaap--UseOfEstimates_zJxF6oFP8GR3" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><span style="text-decoration: underline"><span id="xdx_865_zrSoSEp7dhK">Use of Estimates</span></span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 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: 0; text-align: justify"> </p> | ||
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p id="xdx_84B_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zZ1xKHLiXpGl" style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i><span style="text-decoration: underline"><span id="xdx_868_zwQvaWvuKpcj">Reclassifications</span></span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Certain reclassifications have been made to the prior period financial information to conform to the presentation used in the financial statements for the nine months ended March 31, 2024.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> | ||
CY2024Q1 | stal |
Property Plant And Equipment Mine Assets
PropertyPlantAndEquipmentMineAssets
|
450000 | usd |
CY2023Q2 | stal |
Property Plant And Equipment Mine Assets
PropertyPlantAndEquipmentMineAssets
|
450000 | usd |
CY2024Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
450000 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
450000 | usd |
CY2024Q1 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
155375 | usd |
CY2023Q2 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
127400 | usd |
CY2023Q2 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
502006 | usd |
us-gaap |
Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
|
106750 | usd | |
us-gaap |
Payments For Repurchase Of Redeemable Convertible Preferred Stock
PaymentsForRepurchaseOfRedeemableConvertiblePreferredStock
|
198868 | usd | |
CY2024Q1 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
409888 | usd |
CY2023Q2 | stal |
Less Debt Discount
LessDebtDiscount
|
-105354 | usd |
CY2024Q1 | stal |
Less Debt Discount
LessDebtDiscount
|
-36981 | usd |
CY2023Q2 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
396652 | usd |
CY2024Q1 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
372907 | 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
|
28444 | usd | |
stal |
Decrease To Derivative Due To Conversion
DecreaseToDerivativeDueToConversion
|
-347430 | usd | |
stal |
Derivative Loss Due To Mark To Market Adjustment
DerivativeLossDueToMarkToMarketAdjustment
|
502162 | usd | |
CY2024Q1 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
1193321 | usd |
CY2024Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
25000000 | shares |
CY2024Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q1 | us-gaap |
Capital Units Authorized
CapitalUnitsAuthorized
|
950000 | shares |
CY2024Q1 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |