Company: TGNT
Filing Date: 2025-05-16
Form Type: 10-Q
Source: 0001477932-25-003912
Chunk: 17

Company: Totaligent, Inc.
Filing Date: 2025-05-16
Form: 10-Q
Item: Part I, Item 1
Chunk 17
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TOTALIGENT, INC.

FOR THE THREE MONTHS ENDED MARCH 31, 2025

INDEX TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

Financial Statements   Consolidated Balance Sheets at March 31, 2025 (Unaudited) and December 31, 2024 F-1 Consolidated Statements of Operations (Unaudited) for the three months ended March 31, 2025 and 2024 F-2 Consolidated Statements of Stockholders’ Equity (Deficit) (Unaudited) for the three months ended March 31, 2025 and 2024 F-3 - F-4 Consolidated Statements of Cash Flows (Unaudited) for three months ended March 31, 2025 and 2024 F-5 Notes to Unaudited Consolidated Financial Statements F-6 

 4Table of Contents

TOTALIGENT, INC. AND SUBSIDIARYCONSOLIDATED BALANCE SHEETS

  March 31, 2025  December 31, 2024   Unaudited   ASSETS             Current assets      Cash $168,776  $22,128 Prepaid expenses  2,497   6,452 Total current assets  171,273   28,580          Property and equipment, net  41,875   66,354 Capitalized software  136,425   127,991 Total assets $349,573  $222,925          LIABILITIES AND STOCKHOLDERS' DEFICIT                 Current liabilities        Accounts payable $-  $7,000 Accrued compensation  988,697   988,697 Accrued interest  138,880   125,090 Convertible notes payable  911,335   681,335 Derivative liability  213,391   158,055 Total current liabilities  2,252,303   1,960,177          Total liabilities  2,252,303   1,960,177          Commitments and contingencies (Note 7)                 Stockholders' deficit        Preferred stock, $0.01 par value; authorized –10,000,000 shares; issued and outstanding