XML 15 R6.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jul. 31, 2024
Jul. 31, 2023
Cash flows from operating activities:    
Net income (loss) $ 1,460,526 $ (321,958)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation 3,234 2,917
Stock based compensation 251,195 43,629
Amortization of debt discounts 66,048 112,505
Gain on change in fair value of derivative liabilities (2,493,598) (74,439)
Changes in assets and liabilities:    
Prepaid expenses 9,456 6,932
Accounts payable and accrued expenses 38,963 (452)
Accrued expenses to related party 5,309
Cash flows used in operating activities: (658,867) (230,866)
Cash flows from financing activities:    
Repayments of advances, related party (25,000)
Proceeds from notes payable, related party 467,000 35,000
Payments on notes payable (7,981) (11,060)
Proceeds from convertible promissory notes 161,000 80,000
Proceeds from the issuance of common stock and warrants in a private placement 160,000
Receipt of subscription receivable 16,368
Net cash provided by financing activities 595,019 280,308
Increase (decrease) in cash and cash equivalents (63,848) 49,442
Cash and cash equivalents, beginning of period 72,099 32,616
Cash and cash equivalents, end of period 8,251 82,058
Supplemental disclosure of cash flow information:    
Income tax paid
Interest paid 1,723
Supplemental disclosure of non-cash items:    
Resolution of derivative liabilities due to debt conversions and untainted warrants 17,739 43,931
Debt discounts due to derivative liabilities 67,352 33,720
Common stock issued for conversion of debt and interest 35,000 70,943
Expenses paid by related party on behalf of the Company 1,579
Prepaid insurance financed with note payable 24,750 24,850
Cashless exercise of warrants 16,750
Settlement of subscription and interest receivable $ 17,230