Company: ALDA
Filing Date: 2025-05-13
Form Type: 10-Q
Source: 0001548123-25-000035
Chunk: 5

Company: ATLANTICA INC
Filing Date: 2025-05-13
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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 not been active for
several years. Management believes that there are no unrecorded valid outstanding liabilities from prior operations. If a creditor were
to come forward and claim a liability, the Company has committed to contest the claim to the fullest extent of the law. Due to various
statutes of limitations and because of the likelihood that such an old liability would not still be valid no amount has been accrued in
these financial statements for any such contingencies.

NOTE 4 - COMMON STOCK

The Company did not issue any shares of capital stock during the nine month
period ended March 31, 2025 and 2024.

NOTE 5 - LOSS
PER SHARE

The following data shows the amounts used in computing
loss per share for the periods presented:

                                                                                                                   For                                                       For the Three Months Ended March 31, 2024                  
                                                                                                                   the Three Months Ended March 31, 2025                                                                                
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Loss available to common shareholders (numerator)                                                                $                                          ( 92,850)      $                                              ( 142,119)  
  Weighted average number of common shares outstanding during the period used in loss per share (denominator)                                                 2,458,590                                                      2,458,590  
  Basic loss per share                                                                                             $                                            ( 0.04)      $                                                 ( 0.06)  

Dilutive loss per share was not presented as the Company
had no common equivalent shares for all periods presented that would affect the computation of diluted loss per share.

ATLANTICA, INC.

Notes to Condensed Unaudited Financial
Statements

March 31, 2025

NOTE 6 - RELATED PARTY TRANSACTIONS

Mirabella paid expenses of $38,125during
the three months ended March 31, 2025 that were recorded as an additional loan from shareholders, which loans totaled$ 800,532at March 31, 2025. In comparison Mirabella paid$ 31,386during the three months ended March 31, 2024. The interest expense related to the outstanding loans was$ 47,094for
the three months ended March 31, 2025, and$ 41,328for
the three months ended March 31, 2024 and total accrued interest as of March 31, 202