$WRPT
WARPSPEED TAXI INC.

2024 Q4 Form 10-Q Financial Statement

#000139390524000421 Filed on December 13, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2023 Q4
Revenue $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $5.230K
YoY Change -32.08%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $5.230K
YoY Change -32.08%
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$5.230K
YoY Change -32.08%
Income Tax
% Of Pretax Income
Net Earnings -$12.07K -$5.232K
YoY Change 130.7% -32.08%
Net Earnings / Revenue
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share $0.00
COMMON SHARES
Basic Shares Outstanding 139.9M shares 239.6M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q4 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.00
YoY Change -98.08%
Cash & Equivalents $19.00 $6.00
Short-Term Investments
Other Short-Term Assets $15.00K
YoY Change 0.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $15.02K $15.01K
YoY Change 0.09% -3.3%
LONG-TERM ASSETS
Property, Plant & Equipment $228.9K
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $228.9K $206.7K
YoY Change 10.72% 8.3%
TOTAL ASSETS
Total Short-Term Assets $15.02K $15.01K
Total Long-Term Assets $228.9K $206.7K
Total Assets $243.9K $221.7K
YoY Change 10.0% 7.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $46.92K
YoY Change 604.5%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $100.1K $46.92K
YoY Change 113.25% 604.35%
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 $100.1K $46.92K
Total Long-Term Liabilities $0.00
Total Liabilities $100.1K $46.92K
YoY Change 113.25% 604.35%
SHAREHOLDERS EQUITY
Retained Earnings -$628.1K -$492.1K
YoY Change 27.63% 19.98%
Common Stock $13.99K $23.96K
YoY Change -41.59% 0.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $143.8K $174.8K
YoY Change
Total Liabilities & Shareholders Equity $243.9K $221.7K
YoY Change 10.0% 7.42%

Cashflow Statement

Concept 2024 Q4 2023 Q4
OPERATING ACTIVITIES
Net Income -$12.07K -$5.232K
YoY Change 130.7% -32.08%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $6.730K $6.740K
YoY Change -0.15% -104.82%
INVESTING ACTIVITIES
Capital Expenditures $6.750K
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$6.750K -$6.750K
YoY Change 0.0% -105.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $0.00
YoY Change
NET CHANGE
Cash From Operating Activities $6.730K $6.740K
Cash From Investing Activities -$6.750K -$6.750K
Cash From Financing Activities $0.00
Net Change In Cash -$20.00 -$10.00
YoY Change 100.0% -99.92%
FREE CASH FLOW
Cash From Operating Activities $6.730K $6.740K
Capital Expenditures $6.750K
Free Cash Flow -$10.00
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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CY2024Q4 dei Current Fiscal Year End Date
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CY2024Q4 dei Amendment Flag
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CY2024Q4 dei Entity File Number
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WarpSpeed Taxi Inc.
CY2024Q4 dei Entity Incorporation State Country Code
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<p style="font:10pt Times New Roman;margin:0;text-align:justify"><b>1. NATURE AND CONTINUANCE OF OPERATIONS</b></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">WarpSpeed Taxi Inc. (the “Company”) was incorporated in the state of Wyoming on November 18, 2020 (“Inception”). The Company is a development stage company that is currently developing a ride-hailing and food delivery computer and mobile device application known as “WarpSpeed Taxi”. The Company’s fiscal year-end is July 31.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"><b>WarpSpeed Taxi Computer Application.</b></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">On September 6, 2022, we entered into a settlement agreement with a private company that provided us with marketing, beta testing, cloning, and maintenance services in connection with the WarpSpeed Taxi computer application. Pursuant to the settlement agreement, we agreed to transfer our interest in the WarpSpeed Taxi application to the private company in full and final satisfaction of the $135,431 owing to it. However, we retain a license for the sole and exclusive use of the WarpSpeed Taxi application in the United States. To date, we have completed beta testing of the application, but have not commenced commercial operation of the application.</p>
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Files In Submission

Name View Source Status
0001393905-24-000421-index-headers.html Edgar Link pending
0001393905-24-000421-index.html Edgar Link pending
0001393905-24-000421.txt Edgar Link pending
0001393905-24-000421-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R2.htm Edgar Link pending
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
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report.css Edgar Link pending
Show.js Edgar Link pending
wrpt-20241031.htm Edgar Link pending
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wrpt_ex311.htm Edgar Link pending
wrpt_ex321.htm Edgar Link pending
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