Company: TGNT
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001477932-25-002496
Chunk: 46

Company: Totaligent, Inc.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 1
Chunk 46
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  -   11,765 Loss on sale of fixed assets  -   20,176 Expenses paid by convertible note holder  12,705   - Changes in Operating Assets and Liabilities:        Prepaid expenses  183,760   (186,541)Accounts payable  7,000   - Accrued compensation  333,302   293,596 Accrued interest  47,214   34,894 Accrued expenses  -   (3,305)Net change in operating activities  (199,790)  (29,476)         CASH FLOWS FROM INVESTING ACTIVITIES        Proceeds from sale of property and equipment  -   20,678 Expenditures for capitalized software  (87,817)  (39,308)Net change in investing activities  (87,817)  (18,630)         CASH FLOWS FROM FINANCING ACTIVITIES        Cash proceeds from sale of common stock  -   25,000 Proceeds from issuance of convertible notes payable  142,000   225,000 Repayments of notes payable  -   (48,160)Net change in financing activities  142,000   201,840          Net (Decrease) Increase in Cash   (145,607)  153,734          Cash - Beginning of the Period  167,735   14,001          Cash - End of the Period $22,128  $167,735          Supplemental Disclosures of Cash Flows        Cash paid for Interest $-  $- Cash paid for income taxes $-  $-          Supplemental Disclosures of Non-Cash Investing and Financing Activities:        Issuance of convertible notes payable for purchase of fixed assets $-  $19,750 

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

 F-6Table of Contents

TOTALIGENT, INC.

(Formerly Alltemp, Inc.) AND SUBSIDIARY

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023

1. Nature