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UT 45-3672530 640 Belle Terre Rd Building 2 E Port Jefferson NY 11777 (631) 403-4337 None No No Yes Yes Non-accelerated Filer true true false false false false 3235074 83548469 None Risk Management and StrategyOur cybersecurity policies, standards, processes and practices are based on applicable laws and regulations and informed by industry standards and industry-recognized practices. Our strategy to assess, identify, and manage material cybersecurity risks is focused on preserving the confidentiality, security, and availability of our information systems and data. We implement security measures and processes to identify, prevent, and mitigate cybersecurity threats and to effectively respond to cybersecurity incidents when they occur. Our cyber risk management includes: (1) enterprise risk management to identify top cybersecurity risks; (2) vulnerability management to identify software vulnerabilities and risks related to compute infrastructure; (3) vendor risk management to identify risks related to third parties and business partners; (4) privacy risk management to identify privacy risks in our product and platforms and ensure regulatory compliance; and (5) security incident response to investigate, respond to, and mitigate cyberthreats. As needed, we will engage third parties to identify risks in our underlying software and infrastructure, to provide threat intelligence, and to assist in triaging, identifying, and responding to cyber threats.In 2024, we did not identify any cybersecurity threats that have materially affected or are reasonably likely to materially affect our business strategy, results of operations, or financial condition. However, despite our efforts, we cannot eliminate all risks from cybersecurity threats or provide assurances that we have not experienced undetected cybersecurity incidents. Risk Management and StrategyOur cybersecurity policies, standards, processes and practices are based on applicable laws and regulations and informed by industry standards and industry-recognized practices. Our strategy to assess, identify, and manage material cybersecurity risks is focused on preserving the confidentiality, security, and availability of our information systems and data. We implement security measures and processes to identify, prevent, and mitigate cybersecurity threats and to effectively respond to cybersecurity incidents when they occur. Our cyber risk management includes: (1) enterprise risk management to identify top cybersecurity risks; (2) vulnerability management to identify software vulnerabilities and risks related to compute infrastructure; (3) vendor risk management to identify risks related to third parties and business partners; (4) privacy risk management to identify privacy risks in our product and platforms and ensure regulatory compliance; and (5) security incident response to investigate, respond to, and mitigate cyberthreats. As needed, we will engage third parties to identify risks in our underlying software and infrastructure, to provide threat intelligence, and to assist in triaging, identifying, and responding to cyber threats.In 2024, we did not identify any cybersecurity threats that have materially affected or are reasonably likely to materially affect our business strategy, results of operations, or financial condition. However, despite our efforts, we cannot eliminate all risks from cybersecurity threats or provide assurances that we have not experienced undetected cybersecurity incidents.GovernanceOur Board of Directors maintains oversight of risks from cybersecurity threats. Our Chief Financial Officer is assigned oversight of cybersecurity risks. Our Chief Financial Officer is responsible for ensuring that management has processes in place designed to identify and evaluate cybersecurity risks to which the Company is exposed and to implement processes and programs to manage cybersecurity risks and mitigate cybersecurity incidents. true In 2024, we did not identify any cybersecurity threats that have materially affected or are reasonably likely to materially affect our business strategy, results of operations, or financial condition. However, despite our efforts, we cannot eliminate all risks from cybersecurity threats or provide assurances that we have not experienced undetected cybersecurity incidents. false GovernanceOur Board of Directors maintains oversight of risks from cybersecurity threats. Our Chief Financial Officer is assigned oversight of cybersecurity risks. Our Chief Financial Officer is responsible for ensuring that management has processes in place designed to identify and evaluate cybersecurity risks to which the Company is exposed and to implement processes and programs to manage cybersecurity risks and mitigate cybersecurity incidents. Our Board of Directors maintains oversight of risks from cybersecurity threats. Our Chief Financial Officer is assigned oversight of cybersecurity risks. Our Chief Financial Officer is responsible for ensuring that management has processes in place designed to identify and evaluate cybersecurity risks to which the Company is exposed and to implement processes and programs to manage cybersecurity risks and mitigate cybersecurity incidents. Our Chief Financial Officer is responsible for ensuring that management has processes in place designed to identify and evaluate cybersecurity risks to which the Company is exposed and to implement processes and programs to manage cybersecurity risks and mitigate cybersecurity incidents. true false false false false Opinion on the Financial StatementsWe have audited the accompanying balance sheets of Nu-Med Plus, Inc.(“the Company”) as of December 31, 2024 and 2023, and the related statements of operations, statements of stockholders’ deficit, and cash flows for each of the years in the two-year period ended December 31, 2024, and the related notes (collectively referred to as the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2024 and 2023 and the results of its operations and its cash flows for each of the years in the two-year period ended December 31, 2024, in conformity with accounting principles generally accepted in the United States of America. Fruci & Associates II, PLLC Spokane, Washington

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NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS Nu-Med Plus, Inc. (or “the Company”) is an emerging growth early-stage medical device company principally engaged in the design, innovation, development, enhancement and commercialization of beginning, early, and selective later-stage quality medical devices. The Company's immediate focus was on the development of Nitric Oxide delivery devices, including a hospital unit, a clinical unit to be used in doctors’ offices and extended care facilities, a portable unit and a single use disposable unit. We were also developing a powder formulation to generate Nitric Oxide that is 99% pure, with a one-year shelf life, a "desktop" generator device with controls plus safety monitors built in that delivers inhaled Nitric Oxide to replace expensive pressurized canisters and a compact mobile rechargeable device to deliver inhaled Nitric Oxide gas. Development on these devices was suspended when adequate funding was not available to support their continued development. We are currently working to locate a merger partner that will be able to fund the final development of these products. The Company is incorporated in Utah.

0.99

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES a. Basis of Presentation The Company’s financial statements are prepared in accordance with accounting principles generally accepted in the United States of America. In the opinion of management, all adjustments which are necessary for a fair statement of the results for fiscal years have been included. b. Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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. c. Cash and Cash Equivalents The Company considers all deposit accounts and investment accounts with an original maturity of 90 days or less to be cash equivalents. The cash balance we currently have on deposit is within the limits for which the FDIC insures. d. Property and Equipment Property and equipment is stated at cost. Expenditure for minor repairs, maintenance, and replacement parts which do not increase the useful lives of the assets are charged to expense as incurred. Expenditures, exceeding $500, for new assets or that increase the useful life of existing assets are capitalized. Depreciation is computed using the straight-line method. The lives over which the fixed assets are depreciated are five to seven years. e. Fair Value Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. FASB Accounting Standards Codification (“ASC”) Topic 820 establishes a three-tier fair value hierarchy that prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements), as follows:Level 1 - Quoted market prices in active markets for identical assets or liabilities; Level 2 - Inputs other than level one inputs that are either directly or indirectly observable; and Level 3 - Unobservable inputs developed using estimates and assumptions, which are developed by the reporting entity and reflect those assumptions that a market participant would use. All cash, accounts payable and accrued liabilities are carried at cost, which approximates fair value due to the short-term nature of these financial instruments. f. Earnings per Share The computation of basic earnings per share of common stock is based on the weighted average number of shares outstanding during the period of the financial statement. The company includes shares subscribed but unissued in its calculation of earnings per share if years it achieves a net profit, but does not included them in the calculation is years of a net loss, as their inclusion would be antidilutive. <table cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 46%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="width: 27%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">For the year ended December 31, 2024</td> <td style="white-space: nowrap; width: 27%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">For the year ended December 31, 2023</td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%"> </td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Net loss (numerator)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$ (68,345)</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$ (125,526)</td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Shares (denominator)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">83,548,469</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">81,673,948</td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Net earnings per share amount - basic</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$ (0.00)</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$ (0.00)</td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Shares (denominator)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">83,548,469</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">81,673,948</td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Net earnings per share amount - diluted</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$ (0.00)</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$ (0.00)</td></tr> </table> Diluted earnings per share is computed using the weighted average number of common shares plus dilutive common share equivalents outstanding during the period. As of December 31, 2024 and 2023 there were -0- and -0-, respectively, potential dilutive shares that needed to be considered as common share equivalents. g. Concentrations and Credit Risk The Company has relied on a small group of investors to fund its operations. If this group becomes unable or unwilling to provide additional funding, the Company may be unable to remain in business or to execute on its business plan. h. Income Taxes Deferred taxes are provided on an asset and liability approach whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax basis. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. i. Stock-based Compensation The Company, in accordance with ASC 718, Compensation – Stock Compensation, records all share-based payments to employees at the grant-date fair value of the equity instruments issued. In accordance with ASC 718-10-30-9, Measurement Objective – Fair Value at Grant Date, the Company uses the closing price of the stock, as quoted by NASDAQ, on the date of the grant. The Company believes this pricing method provides the best estimate of fair the fair value of the consideration given. Compensation cost is recognized over the requisite service period.j. Segment Reporting In November 2023, the Financial Accounting Standard Board (“FASB”) issued Accounting Standard Update (“ASU”) 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures (“ASU 2023-07”), which is intended to improve reportable segment disclosure requirements, primarily through additional and more detailed information about a reportable segment’s expenses. The update improves the reportable segment disclosure requirements by requiring all entities to disclose significant segment expenses that are regularly provided to the chief operating decision maker (“CODM”),report other segment items (segment revenue less the significant expenses disclosed and profit or loss) by reportable segment, title and position of the CODM and an explanation of how the CODM uses the reported measure of segment profit or loss in assessing segment performance and deciding how to allocate resources. Additionally, ASU 2023-07 requires that if the CODM uses more than one measure of a segment’s net income or loss in assessing segment performance and deciding how to allocate resources, the entity may report one or more of these additional measures. We operate as one operating segment, and therefore one reportable segment. We manage business activities on a consolidated basis. Our determination that we operate as a single operating segment is consistent with the financial information regularly reviewed by our CODM. Our CODM is the Chief Executive Officer. k. Recent Accounting Pronouncements In November 2024, the FASB issued ASU 2024-03, Income Statement – Reporting Comprehensive Income – Expense Disaggregation Disclosures, which requires additional disclosure of certain costs and expenses within the notes to the financial statements. The new standard is effective for annual periods beginning after December 15, 2026 and interim periods beginning in the first quarter of fiscal year 2028. Early adoption is permitted. The new standard is to be applied on a prospective basis, but retrospective application is permitted. The Company is evaluating the impact, if any, of adopting ASU 2024-03. The Company has reviewed all other recently issued, but not yet adopted, accounting standards in order to determine their effect, if any, on its consolidated results of operation, financial position and cash flows. Based on that review, the Company believes that none of these pronouncements will have a significant effect on its current or future earnings or operations.

a. Basis of PresentationThe Company’s financial statements are prepared in accordance with accounting principles generally accepted in the United States of America. In the opinion of management, all adjustments which are necessary for a fair statement of the results for fiscal years have been included.

b. EstimatesThe preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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.

c. Cash and Cash EquivalentsThe Company considers all deposit accounts and investment accounts with an original maturity of 90 days or less to be cash equivalents. The cash balance we currently have on deposit is within the limits for which the FDIC insures.

d. Property and EquipmentProperty and equipment is stated at cost. Expenditure for minor repairs, maintenance, and replacement parts which do not increase the useful lives of the assets are charged to expense as incurred. Expenditures, exceeding $500, for new assets or that increase the useful life of existing assets are capitalized. Depreciation is computed using the straight-line method. The lives over which the fixed assets are depreciated are five to seven years.

500

e. Fair ValueFair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. FASB Accounting Standards Codification (“ASC”) Topic 820 establishes a three-tier fair value hierarchy that prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements), as follows:Level 1 - Quoted market prices in active markets for identical assets or liabilities;Level 2 - Inputs other than level one inputs that are either directly or indirectly observable; andLevel 3 - Unobservable inputs developed using estimates and assumptions, which are developed by the reporting entity and reflect those assumptions that a market participant would use.All cash, accounts payable and accrued liabilities are carried at cost, which approximates fair value due to the short-term nature of these financial instruments.

f. Earnings per ShareThe computation of basic earnings per share of common stock is based on the weighted average number of shares outstanding during the period of the financial statement. The company includes shares subscribed but unissued in its calculation of earnings per share if years it achieves a net profit, but does not included them in the calculation is years of a net loss, as their inclusion would be antidilutive.<table cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 46%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="width: 27%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">For the year ended December 31, 2024</td> <td style="white-space: nowrap; width: 27%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">For the year ended December 31, 2023</td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%"> </td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Net loss (numerator)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$ (68,345)</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$ (125,526)</td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Shares (denominator)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">83,548,469</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">81,673,948</td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Net earnings per share amount - basic</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$ (0.00)</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$ (0.00)</td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Shares (denominator)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">83,548,469</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">81,673,948</td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Net earnings per share amount - diluted</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$ (0.00)</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$ (0.00)</td></tr> </table>Diluted earnings per share is computed using the weighted average number of common shares plus dilutive common share equivalents outstanding during the period. As of December 31, 2024 and 2023 there were -0- and -0-, respectively, potential dilutive shares that needed to be considered as common share equivalents.

The company includes shares subscribed but unissued in its calculation of earnings per share if years it achieves a net profit, but does not included them in the calculation is years of a net loss, as their inclusion would be antidilutive.<table cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 46%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="width: 27%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">For the year ended December 31, 2024</td> <td style="white-space: nowrap; width: 27%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">For the year ended December 31, 2023</td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%"> </td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Net loss (numerator)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$ (68,345)</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$ (125,526)</td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Shares (denominator)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">83,548,469</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">81,673,948</td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Net earnings per share amount - basic</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$ (0.00)</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$ (0.00)</td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Shares (denominator)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">83,548,469</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">81,673,948</td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Net earnings per share amount - diluted</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$ (0.00)</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$ (0.00)</td></tr> </table>

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g. Concentrations and Credit RiskThe Company has relied on a small group of investors to fund its operations. If this group becomes unable or unwilling to provide additional funding, the Company may be unable to remain in business or to execute on its business plan.

h. Income TaxesDeferred taxes are provided on an asset and liability approach whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax basis. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.

i. Stock-based CompensationThe Company, in accordance with ASC 718, Compensation – Stock Compensation, records all share-based payments to employees at the grant-date fair value of the equity instruments issued. In accordance with ASC 718-10-30-9, Measurement Objective – Fair Value at Grant Date, the Company uses the closing price of the stock, as quoted by NASDAQ, on the date of the grant. The Company believes this pricing method provides the best estimate of fair the fair value of the consideration given. Compensation cost is recognized over the requisite service period.

j. Segment ReportingIn November 2023, the Financial Accounting Standard Board (“FASB”) issued Accounting Standard Update (“ASU”) 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures (“ASU 2023-07”), which is intended to improve reportable segment disclosure requirements, primarily through additional and more detailed information about a reportable segment’s expenses. The update improves the reportable segment disclosure requirements by requiring all entities to disclose significant segment expenses that are regularly provided to the chief operating decision maker (“CODM”),report other segment items (segment revenue less the significant expenses disclosed and profit or loss) by reportable segment, title and position of the CODM and an explanation of how the CODM uses the reported measure of segment profit or loss in assessing segment performance and deciding how to allocate resources. Additionally, ASU 2023-07 requires that if the CODM uses more than one measure of a segment’s net income or loss in assessing segment performance and deciding how to allocate resources, the entity may report one or more of these additional measures. We operate as one operating segment, and therefore one reportable segment. We manage business activities on a consolidated basis. Our determination that we operate as a single operating segment is consistent with the financial information regularly reviewed by our CODM. Our CODM is the Chief Executive Officer.

k. Recent Accounting PronouncementsIn November 2024, the FASB issued ASU 2024-03, Income Statement – Reporting Comprehensive Income – Expense Disaggregation Disclosures, which requires additional disclosure of certain costs and expenses within the notes to the financial statements. The new standard is effective for annual periods beginning after December 15, 2026 and interim periods beginning in the first quarter of fiscal year 2028. Early adoption is permitted. The new standard is to be applied on a prospective basis, but retrospective application is permitted. The Company is evaluating the impact, if any, of adopting ASU 2024-03.The Company has reviewed all other recently issued, but not yet adopted, accounting standards in order to determine their effect, if any, on its consolidated results of operation, financial position and cash flows. Based on that review, the Company believes that none of these pronouncements will have a significant effect on its current or future earnings or operations.

NOTE 3 - GOING CONCERN The Company has incurred losses since inception, has negative cash flows from operating activities, and an accumulated deficit. The Company anticipates that the funds on hand as of December 31, 2024, will fund its reduced level of operations through approximately February 2025, but will not be sufficient to successfully prosecute its business plan. Funding through the sale of equity capital and short-term related parties and other shareholder loans in order to meet the planned expenditures for development, operations, and administrative costs over the next 12 months will be required. Planned expenditures are approximately $1,250,000 for 2025. These factors raise substantial doubt about the Company's ability to continue as a going concern for a period of one year from the issuance of these financial statements. The Company has begun the process of arranging for additional necessary funding and currently retains consultants for that purpose. Management will adjust any salaries and expenditures based on the need for successful continuous operations. If plans to obtain further financing prove to be insufficient to fund operations, continued viability could be at risk. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.

1250000

NOTE 4 - PROPERTY AND EQUIPMENT Property and equipment and related accumulated depreciation consisted of the following at December 31, 2024, and December 31, 2023: <table cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: top"> <td style="width: 41%"> </td> <td style="width: 26%; border-bottom: black 1pt solid; text-align: center">December 31, 2024</td> <td style="width: 4%; text-align: center"> </td> <td style="width: 29%; border-bottom: black 1pt solid; text-align: center">December 31, 2023</td></tr> <tr> <td style="vertical-align: bottom"> </td> <td style="vertical-align: top; text-align: right"> </td> <td style="vertical-align: top; text-align: right"> </td> <td style="vertical-align: bottom; text-align: right"> </td></tr> <tr> <td style="vertical-align: bottom">Computer and office equipment</td> <td style="text-align: right">$ 83,893</td> <td style="vertical-align: top; text-align: right"> </td> <td style="text-align: right">$ 83,893</td></tr> <tr> <td style="vertical-align: bottom">Accumulated depreciation</td> <td style="border-bottom: black 1pt solid; text-align: right">(83,893) </td> <td style="vertical-align: top; text-align: right; text-indent: 4.5pt"> </td> <td style="border-bottom: black 1pt solid; text-align: right">(83,893)</td></tr> <tr> <td style="vertical-align: bottom"> </td> <td style="vertical-align: top; text-align: right"> </td> <td style="vertical-align: top; text-align: right"> </td> <td style="vertical-align: top; text-align: right"> </td></tr> <tr> <td style="vertical-align: bottom"> Total Property and Equipment</td> <td style="border-bottom: black 2.25pt double; text-align: right">$ -</td> <td style="vertical-align: top; text-align: right"> </td> <td style="border-bottom: black 2.25pt double; text-align: right">$ -</td></tr> </table> Depreciation expense for the years ended December 31, 2024 and 2023 was $-0- and $-0-, respectively.

Property and equipment and related accumulated depreciation consisted of the following at December 31, 2024, and December 31, 2023: <table cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: top"> <td style="width: 41%"> </td> <td style="width: 26%; border-bottom: black 1pt solid; text-align: center">December 31, 2024</td> <td style="width: 4%; text-align: center"> </td> <td style="width: 29%; border-bottom: black 1pt solid; text-align: center">December 31, 2023</td></tr> <tr> <td style="vertical-align: bottom"> </td> <td style="vertical-align: top; text-align: right"> </td> <td style="vertical-align: top; text-align: right"> </td> <td style="vertical-align: bottom; text-align: right"> </td></tr> <tr> <td style="vertical-align: bottom">Computer and office equipment</td> <td style="text-align: right">$ 83,893</td> <td style="vertical-align: top; text-align: right"> </td> <td style="text-align: right">$ 83,893</td></tr> <tr> <td style="vertical-align: bottom">Accumulated depreciation</td> <td style="border-bottom: black 1pt solid; text-align: right">(83,893) </td> <td style="vertical-align: top; text-align: right; text-indent: 4.5pt"> </td> <td style="border-bottom: black 1pt solid; text-align: right">(83,893)</td></tr> <tr> <td style="vertical-align: bottom"> </td> <td style="vertical-align: top; text-align: right"> </td> <td style="vertical-align: top; text-align: right"> </td> <td style="vertical-align: top; text-align: right"> </td></tr> <tr> <td style="vertical-align: bottom"> Total Property and Equipment</td> <td style="border-bottom: black 2.25pt double; text-align: right">$ -</td> <td style="vertical-align: top; text-align: right"> </td> <td style="border-bottom: black 2.25pt double; text-align: right">$ -</td></tr> </table>

83893

NOTE 5 - PREFERRED STOCK On October 19, 2011, the Company filed Articles of Incorporation with the State of Utah so as to authorize 10,000,000 shares of preferred stock having a par value of $0.001 per share. At December 31, 2024 and 2023 there are -0- shares of preferred stock issued and outstanding.

10000000

0.001

NOTE 6 - COMMON STOCK On October 19, 2011, the Company filed Articles of Incorporation with the State of Utah so as to authorize 90,000,000 shares of common stock having a par value of $0.001 per share. At December 31, 2024 and 2023 there are 83,548,469 shares of preferred stock issued and outstanding. Common Stock Issued to Officers: The Company issued no shares of restricted common stock to officers and directors in the year ended December 31, 2024. During the year ended December 31, 2023 the Company issued 2,200,000 shares of restricted common stock to its officers and directors. The Company recorded a stock-based compensation charge of $41,800, the valuation being based on the closing price of $0.019 per share on the date of the grant. Employment and Consulting Agreements In September 2022 the Company entered into employment agreements with Mr. William Hayde and Mr. Keith Merrell and a consulting agreement with Hanover International. Under each of the agreements there is a provision that provides for the issuance of 500,000 shares of preferred stock. As of the current date no terms have been established for the preferred stock or its conversion to common stock and no Certificate of Designation has been filed. The issuance of the preferred shares is subject to approval.

90000000

0.001

83548469

2200000

41800

0.019

500000

NOTE 7 - COMMITMENTS AND CONTINGENCIES Operating Lease Obligations The Company currently has no lease obligations related to office space.

NOTE 8- RELATED PARTY TRANSACTIONS Accounts Payable During the years ended December 31, 2024 and 2023 the Chief Financial Officer provided to the Company $20,592and $11,740, respectively, for the payment of operating expenses, bringing the total funds he has provided the company to $66,231. A director of the company also provided $478 for operating expenses during 2023. The total payable to officers and directors at December 31, 2024 is $66,710. Employment Agreements Mr. Hayde and Mr. Merrell have received employment agreements. The agreements provide for no compensation until such time as a major funding event has been finalized, at which time the rate of compensation will be established by the Board of Directors. Stock Grant On November 7, 2023 the Company approved the issuance of 2,200,000 shares of restricted common stock to its officers in recognition of services performed, for which they had received no monetary renumeration. Of the shares issued, the President/CEO and Chief Financial Officer received 1,000,000 shares each and 200,000 shares were issued to the former President/CEO.

20592

11740

66231

478

66710

2200000

1000000

200000

NOTE 9 - CONVERTIBLE PROMISSORY NOTE On September 11, 2022 the Board of Directors authorized Mr. Hayde to issue a convertible note in the amount of $100,000 to Your Space, Inc. The note bears interest at the rate of 5% per annum and has a term date of December 31, 2023. The note had an original due date of December 31, 2023. The parties have mutually agreed to extend the due date to December 31, 2025. The Company may pay the principal and accrued interest at any time prior to the due date. The holder of the note may choose to convert the principal and accrued interest of the note to shares of common stock by providing notice of their intent to convert. The conversion rate provides for a 20% discount to the share price established in a liquidity event, such event defined as the trading of the stock on a major stock exchange. Should the note be unpaid at the due date the interest rate will increase to 15% per annum, with the interest to be paid monthly, which payment will be $1,250 per month.

100000

0.05

0.20

0.15

1250

NOTE 10 – INCOME TAXES In 2017, the U.S. enacted the Tax Cuts and Jobs Act which significantly changed U.S. tax law. The Act lowered the U.S. statutory federal income tax rate from 35% to 21% effective January 1, 2018. This had an effect on the value of the Company’s net operating loss carryover, but since the deferred tax asset is fully reserved, it had no impact on the Company’s financial statements. The impact of the change was reflected in the 2018 financial statements. The income tax provision differs from the amount of income tax determined by applying the U.S. federal and applicable state income tax rates to pretax income from continuing operations for the years ended December 31, 2024 and 2023, due to the following: <table cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 11%; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; width: 56%; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; width: 3%; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; width: 13%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">2024</td> <td style="white-space: nowrap; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; width: 13%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">2023</td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Book Income (Loss)</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(17,462)</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(32,637)</td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Depreciation </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Shares issued for services</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Meals and entertainment</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Amortization of debt discount</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">(Gain) Loss on derivative</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Change in valuation allowance</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">$</td> <td style="white-space: nowrap; border-bottom: Black 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">17,462</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">$</td> <td style="white-space: nowrap; border-bottom: Black 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">32,637</td></tr> </table> Net deferred tax liabilities consist of the following components as of December 31, 2024, and 2023:<table cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 11%; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; width: 55%; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; width: 4%; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; width: 13%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">2024</td> <td style="white-space: nowrap; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; width: 13%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">2023</td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Deferred tax assets:</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">NOL Carryover</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">$</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">2,266,924</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">$ </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">2,198,579</td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Deferred tax liabilities</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"> </td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Depreciation</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Valuation allowance</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(2,266,924)</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(2,198,579)</td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Net deferred tax asset</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">$</td> <td style="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> -</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">$ </td> <td style="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> -</td></tr> </table> Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carryforwards for Federal income tax reporting purposes are subject to annual limitations. If a change in ownership occurs, then net operating loss carryforwards may be limited as to use in future years. At December 31, 2024, the Company had net operating loss carryforward of approximately $14,616,819 that may be offset against future taxable income from the year 2025 through 2038. The availability of some of the net operating loss will extend into 2039 if not previously utilized. During 2024, the Company evaluated its deferred tax assets and concluded that none of the asset is currently realizable and that a full valuation allowance should be recorded. Included in the balance at December 31, 2024, are no tax positions for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility. Because of the impact of deferred tax accounting, other than interest and penalties, the disallowance of the shorter deductibility period would not affect the annual effective tax rate but would accelerate the payment of cash to the taxing authority to an earlier period.

0.35

0.21

The income tax provision differs from the amount of income tax determined by applying the U.S. federal and applicable state income tax rates to pretax income from continuing operations for the years ended December 31, 2024 and 2023, due to the following: <table cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 11%; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; width: 56%; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; width: 3%; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; width: 13%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">2024</td> <td style="white-space: nowrap; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; width: 13%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">2023</td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Book Income (Loss)</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(17,462)</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">$</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(32,637)</td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Depreciation </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Shares issued for services</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Meals and entertainment</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Amortization of debt discount</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">(Gain) Loss on derivative</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Change in valuation allowance</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">$</td> <td style="white-space: nowrap; border-bottom: Black 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">17,462</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">$</td> <td style="white-space: nowrap; border-bottom: Black 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">32,637</td></tr> </table>

17462 32637

17462

32637

Net deferred tax liabilities consist of the following components as of December 31, 2024, and 2023:<table cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 11%; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; width: 55%; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; width: 4%; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; width: 13%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">2024</td> <td style="white-space: nowrap; width: 4%; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; width: 13%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">2023</td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Deferred tax assets:</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">NOL Carryover</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">$</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">2,266,924</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">$ </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">2,198,579</td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Deferred tax liabilities</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"> </td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Depreciation</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">-</td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Valuation allowance</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(2,266,924)</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%"> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(2,198,579)</td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Net deferred tax asset</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">$</td> <td style="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> -</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">$ </td> <td style="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> -</td></tr> </table>

2266924

2198579

2266924

2198579

14616819

NOTE 11 - SUBSEQUENT EVENTS The Company has evaluated subsequent events pursuant to ASC Topic 855 and has determined that there are no other events that require disclosure as of the date of issuance.

5525

0001543637 false FY