XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.4
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income:        
Net investment income - related parties $ 7,193 $ 21,579
Net investment income
Total Income 7,193 21,579
General and Administrative Expenses:        
Management fee - related party 37,500 37,500 112,500 112,500
Administrative expenses 63,556 13,015 186,222 72,068
Professional fees 15,660 42,367 119,092 104,350
Total General and Administrative Expenses 116,716 92,882 417,814 288,917
Loss from Operations (116,716) (85,688) (417,814) (267,338)
Other Expense:        
Other income/expense     (2,518,000) 20,927
Interest expense, net (8,662) (2,917) (21,787) (13,126)
Total Other Expense (8,662) (2,917) (2,539,787) 7,801
Net Loss (125,378) (88,605) (2,957,601) (259,537)
Amortization of discounts on Series 2018 preferred stock and redeemable common stock (5,922) (5,922) (17,766) (17,766)
Net Income Attributable to Non-controlling Interests (8,967) (26,900)
Net Loss Attributable to Common Stockholders $ (131,300) $ (103,494) $ (2,975,367) $ (304,203)
Basic and Diluted Loss Per Share $ (0.01) $ (0.01) $ (0.31) $ (0.02)
Basic and Diluted Weighted Average Number of Common Shares Outstanding 9,724,401 9,724,401 9,724,401 14,632,190