Company: GEDC
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001641172-25-002190
Chunk: 208

Company: CalEthos, Inc.
Filing Date: 2025-04-02
Form: 10-K
Item: Item 1B
Chunk 208
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 (252,000)
  
    Financing costs – related party 
     (2,398,000) 
     - 
  
    Gain on settlement of accounts payable 
     -  
     23,000 
  
    Loss on extinguishment of notes payable  – related party 
     (2,317,000) 
     - 
  
    Loss on extinguishment of convertible promissory notes 
     (6,468,000) 
     (986,000)
  
    Total other expenses 
     (11,183,000) 
     (1,165,000)

    Loss before provision for income taxes 
     (12,590,000) 
     (4,630,000)
  
    Provision for income taxes 
     -  
     - 

    Net loss 
     (12,590,000) 
     (4,630,000)

    Net loss per share - Basic and Diluted 
     (0.50) 
     (0.24)

    Weighted Average common shares outstanding - Basic and Diluted 
     25,152,137  
     19,157,230 

    Comprehensive (loss) income 

    Net loss 
     (12,590,000) 
     (4,630,000)
  
    Foreign currency translation gain 
     -  
     4,000 
  
    Comprehensive loss 
    $(12,590,000) 
    $(4,626,000)

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

F-4

CalEthos,
Inc.

Consolidated Statements of Stockholders’ Equity

For
the Years Ended December 31, 2024 and 2023

    Shares  
    Amount  
    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Receivable  
    Income  
    Deficit  
    equity 

    Series A convertible preferred stock  
    Preferred Stock  
    Common Stock  
    Additional Paid-in  
    Stock Subscription  
    Other Comprehensive  
    Accumulated  
    Total Stockholders’ 

    Shares  
    Amount  
    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Receivable  
    Income  
    Deficit