Company: MYCB
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001640334-25-002067
Chunk: 191

Company: My City Builders, Inc.
Filing Date: 2025-11-13
Form: 10-K
Item: Item 14
Chunk 191
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 cash provided by (used in) operating activities:        Depreciation  64,181   31,985 Amortization of debt discount   9,561   2,203 Impairment loss on investment  -   947,500 Nonmonetary gain on lawsuit settlement   -   (1,298,696)Bad debts -rental tenant   4,195   - Gain on sales of property  (17,793)  - Changes in operating assets and liabilities:        Prepaid expenses   (5,743)  10,000 Accounts receivable   (12,221)  (2,607)Accrued interest income  -   265 Accounts payable and accrued liabilities  (28,828)  (127,022)Rent deposit payable   1,000   - Homes inventory cost for sales  (233,357)  (82,888)Accrued interest - related party   -   3,958 Due to related parties  (169,228)  (153,541)Net cash used in operating activities for discontinued operations  (550,746)  (483,687)         CASH FLOWS FROM INVESTING ACTIVITIES FOR DISCONTINUED OPERATIONS:        Payments for construction   (461,680)  (930,901)Purchases of property and equipment  (89,867)  - Proceeds from sales of property  169,871   - Net cash used in investing activities for discontinued operations  (381,676)  (930,901)         CASH FLOWS FROM FINANCING ACTIVITIES FOR DISCONTINUED OPERATIONS:        Proceeds from bank borrowing  696,344   570,165 Repayment of bank borrowing  (517,500)  (562)Repayment of loans payable - related party   (28,500)  - Advances from related parties  1,302,700   1,108,700 Repayments to related parties  (528,678)  (395,811)Net cash provided by financing activities for discontinued operations  924,366   1,282,492          Net change