Company: FWFW
Filing Date: 2025-01-14
Form Type: 10-K
Source: 0001493152-25-002097
Chunk: 284

Company: FLYWHEEL ADVANCED TECHNOLOGY, INC.
Filing Date: 2025-01-14
Form: 10-K
Item: Item 4
Chunk 284
---
     (2,691)

    COMPREHENSIVE
    LOSS 
    $(704,654) 
    $(1,085,480)

    Net income (loss) from
    continuing operations per share - basic and diluted: 
    $0.12  
    $(0.06)
  
    Net income (loss) -
    basic and diluted:  
    $0.12  
    $(0.05)
  
    Weighted average number of shares outstanding 
     29,662,164  
     23,549,970 

The
accompanying notes are an integral part of these consolidated financial statements

F-3

FLYWHEEL
ADVANCED TECHNOLOGY, INC.

CONSOLIDATED
STATEMENTS OF CHANGE IN STOCKHOLDERS’ EQUITY

    Common Stock  
    Paid  
    Accumulated
    other Comprehensive  
    Accumulated  

    Shares  
    Value  
    in
    Capital  
    (loss)/income  
    Deficit  
    Total 
  
    Balance at September 30, 2022 
     17,822,564  
    $1,782  
    $2,534,546  
    $-  
    $(2,740,458) 
    $(204,130) 

    Issuance of common stock for acquisition 
     8,939,600  
     894  
     3,127,966  
     -  
     -  
     3,128,860 

    Stock-based compensation 
     2,900,000  
     290  
     1,014,710  
     -  
     -  
     1,015,000 

    Exchange difference on 
     -  
     -  
     -  
     (2,691) 
     -  
     (2,691)

    Net loss 
     -  
     -  
     -  
     -  
     (1,082,789) 
     (1,082,789)

    Balance at September 30, 2023 
    $29,662,164  
    $2,966  
    $6,677,222  
    $(2,691) 
    $(3,823,