XML 20 R10.htm IDEA: XBRL DOCUMENT v3.25.0.1
DISCOUNTINED OPERATIONS
6 Months Ended
Jan. 31, 2025
DISCOUNTINED OPERATIONS  
DISCOUNTINED OPERATIONS

NOTE 4 – DISCOUNTINED OPERATIONS

 

On March 1, 2022, the Company entered in a consulting agreement in the field of Healthcare with a monthly payment of $8,333, with First DP Ventures, LP. The services were performed by a member of the Company’s board of directors. On March 29, 2024, the consulting agreement was terminated, and the Company implemented a plan to divest the Healthcare consulting to focus its resources on the new operations.

 

As of January 31, 2025 and July 31,2024, the assets and liabilities of the Company related to Healthcare consulting operations were $0, respectively.  

 

The following is a summary of discontinued operations for the three and six months ended January 31, 2024:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

January 31

 

 

January 31

 

 

 

2024

 

 

2024

 

Revenues -related party

 

$25,000

 

 

$50,000

 

Cost of revenues -related party

 

 

24,285

 

 

 

47,275

 

Gross Profit

 

 

715

 

 

 

2,725

 

Operating expenses

 

 

-

 

 

 

-

 

Income from discontinued operations before income taxes

 

 

715

 

 

 

2,725

 

Income tax benefit

 

 

-

 

 

 

-

 

Income from discontinued operations

 

$715

 

 

$2,725

 

The following is a summary of discontinued cash flow for the six months ended January 31, 2024:

 

 

 

Six Months Ended

 

 

 

January 31

 

 

 

2024

 

Net income

 

$2,725

 

Changes in operating assets and liabilities:

 

 

 

 

Payroll payable

 

 

8,902

 

Net cash provided by operating activities

 

$11,627