$TMGI Cashflow Statement | Understand Stock

$TMGI

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated Statements of Cash Flows

In USD, except per-share amounts

	FY2026 12 months to May 31, 2026	FY2025 12 months to May 31, 2025	FY2024 12 months to May 31, 2024	FY2023 12 months to May 31, 2023	FY2021 12 months to May 31, 2021
Net loss
Adjustments to reconcile net income to net cash used by operating activities:
Depreciation of music inventory
Stock issued for services
Gain on settlement of debt
Income from derivative liability
Loss on conversion of notes payable and accrued interest
Depreciation of music inventory
Change in fair value of derivative liability
Amortization of debt discounts
Default fees added to notes principal balance
Gain on elimination of debt
Loss on write down of investment
Adjustments for GetGolf purchase agreement
Common stock payable
Accounts payable
Accounts receivable
Prepaid investment
Accounts payable and accrued liabilities
Accrued interest payable on notes payable
Accrued consulting fees
Net Cash Used by Operating Activities
Music inventory
Trademark costs
Payments from loans receivable, related party
CASH FLOWS FROM INVESTING ACTIVITIES:
Bank overdraft
Proceeds from notes payable
Repayments of notes payable and accrued interest
Net proceeds from notes payable to related parties
Proceeds from standby equity agreement
Repayments of notes payable to related parties
Proceeds from notes payable to related parties
Net Cash Provided by Financing Activities
NET DECREASE IN CASH AND CASH EQUIVALENTS
NET INCREASE IN CASH AND CASH EQUIVALENTS
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD
CASH AND CASH EQUIVALENTS, END OF PERIOD
SUPPLEMENTAL CASH FLOW INFORMATION
Interest
Income taxes
Cash Payments For:
Interest
Income taxes

Non-cash investing and financing activities:
Common stock issued for merger with Global Nutrition Experience, Inc.
Issuance of stock and promissory note for investment in acquisition
Initial derivative liability charged to debt discounts
Forgiveness of SBA PPP loans recorded as equity
Accrued consulting fees converted into promissory note
Conversion of debt and accrued interest into common stock
Initial setup of derivative liability
Forgiveness of accrued consulting fees by shareholders

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