Company: MNTR
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001620
Chunk: 501

Company: Mentor Capital, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 3
Chunk 501
---
 (183,993) 
     -  
     (183,993)

    Net income (loss) 
     -  
     -  
     -  
     -  
     -  
     (839,505) 
     (839,505) 
     -  
     (839,505)

    Balance at December 31, 2024 
     11  
    $-  
     21,686,105  
    $2,169  
    $11,917,362  
    $(9,027,312) 
    $2,892,219  
    $-  
    $2,892,219 
  
    Balance 
     11  
    $-  
     21,686,105  
    $2,169  
    $11,917,362  
    $(9,027,312) 
    $2,892,219  
    $-  
    $2,892,219 

    *
    Par
    value of Series Q preferred shares is less than $1.

See
accompanying Notes to Financial Statements

F-5

Mentor
Capital, Inc.

Consolidated
Statements of Cash Flows

For
The Years Ended December 31, 2024 and 2023

    2024  
    2023 
  
    CASH FLOWS FROM OPERATING ACTIVITIES: 

    Net income (loss) 
    $(839,505) 
    $3,157,658 
  
    Less net income from discontinued operations 
     -  
     (77,899)
  
    Adjustments to reconcile net income (loss) to net cash provided by (used by) operating activities: 

    Depreciation and amortization 
     1,073  
     1,706 
  
    Bad debt expense 
     -  
     10,198 
  
    Amortization of discount on investment in account receivable 
     (9,559) 
     (41,741)
  
    Gain on sale of discontinued operation 
     -  
     (4,805,389)
  
    (Gain) loss on investment in securities at fair value 
     (34,989) 
     2,484 
  
    (Gain)