Note 1 - Business and Nature of Operations	9 Months Ended
Sep. 30, 2023
Notes
Note 1 - Business and Nature of Operations	NOTE 1 – BUSINESS AND NATURE OF OPERATIONS Spectral Capital Corporation (the "Company" or "Spectral") was incorporated on September 13, 2000 under the laws of the State of Nevada. Spectral is focused on the identification, acquisition, development, financing of technology that has the potential to transform existing industries. The Company looks for technology that can be protected through patents or laws regarding trade secrets. In January 2022, the Company commenced a new line of business which is providing data and telecommunications reselling services on a global basis. On February 15, 2022, the Company entered into a telecommunications services agreement with Sky Data PLL OU (Estonia) to provide long distance switching services. The contract does not contain a fixed term or value and is on an as needed basis via invoice for Sky Data PLL OU. Spectral intends to expand its reach within the telecommunications reselling services market and has identified the following steps in order to resume this line of business: ownership of infrastructure, control of data flow and the elimination of third parties. This progression will provide significant cost savings and allow the company direct access to the data in real time to optimize service and to gain the most traffic in high demand areas. These steps will also enable Spectral to provide better service with the hope to gain better contracts over time. In conjunction with its partner Sky, ownership of infrastructure is underway, and the companies are currently in talks to secure contracts with providers.

Note 1 - Business and Nature of Operations

9 Months Ended

Sep. 30, 2023

Note 1 - Business and Nature of Operations

NOTE 1 – BUSINESS AND NATURE OF OPERATIONS

Spectral Capital Corporation (the "Company" or "Spectral") was incorporated on September 13, 2000 under the laws of the State of Nevada. Spectral is focused on the identification, acquisition, development, financing of technology that has the potential to transform existing industries. The Company looks for technology that can be protected through patents or laws regarding trade secrets.

In January 2022, the Company commenced a new line of business which is providing data and telecommunications reselling services on a global basis. On February 15, 2022, the Company entered into a telecommunications services agreement with Sky Data PLL OU (Estonia) to provide long distance switching services. The contract does not contain a fixed term or value and is on an as needed basis via invoice for Sky Data PLL OU.

Spectral intends to expand its reach within the telecommunications reselling services market and has identified the following steps in order to resume this line of business: ownership of infrastructure, control of data flow and the elimination of third parties. This progression will provide significant cost savings and allow the company direct access to the data in real time to optimize service and to gain the most traffic in high demand areas. These steps will also enable Spectral to provide better service with the hope to gain better contracts over time. In conjunction with its partner Sky, ownership of infrastructure is underway, and the companies are currently in talks to secure contracts with providers.