Company: PHIL
Filing Date: 2025-02-19
Form Type: 10-Q
Source: 0001493152-25-007556
Chunk: 1

Company: PHI GROUP INC
Filing Date: 2025-02-19
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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12/31/2024; 60 billion shares authorized and 46,873,940,565 shares issued and outstanding on
  6/30/2024, respectively, adjusted for 1 for 1,500 reverse split effective March 15, 2012. Par value: 
     46,873,941  
     46,873,941 
  
    APIC - Common Stock 
     29,109,985  
     29,109,985 
  
    Common Stock to be issued 
     2,090,873  
     1,890,290 
  
    Common Stock to be cancelled 
     (35,500) 
     (35,500)
  
    Treasury stock: 484,767 shares as of 12/31/24 and 6/30/24, respectively - cost method. 
     (44,170) 
     (44,170)
  
    Accumulated deficit 
     (87,540,740) 
     (85,514,751)
  
    Total Acc. Other Comprehensive Income (Loss) 
     (1,937,163) 
     (1,936,201)
  
    Total stockholders’ deficit 
     (11,480,334) 
     (9,653,967)
  
    Total liabilities and stockholders’ deficit 
    $39,842  
    $90,856 

The
accompanying notes form an integral part of these audited consolidated financial statements

F-1

PHI
GROUP, INC. AND SUBSIDIARIES

CONSOLIDATED
STATEMENT OF OPERATIONS (UNAUDITED)

FOR
THE THREE AND SIX MONTHS ENDED DECEMBER 31, 2024 AND 2023

(UN-AUDITED)

    For the Three Months Ended  
    For the Six Months Ended 

    December 31,  
    December 31, 

    2024  
    2023  
    2024  
    2023 
  
    Net revenues  

    Consulting, advisory and management services  
     -  
     5,000  
     -  
     5,000 
  
    Total revenues  
    $-  
    $5,000  
    $-  
    $5,000 
  
    Operating expenses: