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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Apr. 30, 2024
Apr. 30, 2023
Apr. 30, 2024
Apr. 30, 2023
Revenue        
Interest income $ 0 $ 12,249 $ 0 $ 40,073
Rental income 15,877 0 35,645 0
Total revenue 15,877 12,249 35,645 40,073
Operating expenses        
Cost of rental homes 1,495 0 6,565 0
Depreciation 8,620 0 20,889 0
General and administrative 22,624 5,217 36,979 6,100
Professional fees 47,996 19,218 165,750 77,362
Total operating expenses 80,735 24,435 230,184 83,462
Loss from operations (64,858) (12,186) (194,539) (43,389)
Other expense        
Impairment loss on investment 0 0 (947,500) 0
Interest expense- related party (10,989) (45,680) (23,062) (87,680)
Interest expense (5,521) 0 (9,310) 0
Total other expense (16,510) (45,680) (979,872) (87,680)
Loss before income taxes (81,368) (57,866) (1,174,411) (131,069)
Provision for income taxes 0 0 0 0
Net Loss (81,368) (57,866) (1,174,411) (131,069)
Less: Net loss attributable to noncontrolling interests (20) (1.00) (58) (1.00)
Net loss attributable to stockholders of My City Builders, Inc. $ (81,348) $ (57,865) $ (1,174,353) $ (131,068)
Basic and diluted loss per share of common stock $ (0.01) $ (0.10) $ (0.24) $ (0.22)
Basic weighted average number of common shares outstanding 11,986,686 592,304 4,955,299 594,786