Company: TGNT
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001477932-25-002496
Chunk: 360

Company: Totaligent, Inc.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 4
Chunk 360
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 in operating activities for the year ended December 31, 2024 was $199,790 compared to $29,476 for the year ended December 31, 2023. This difference primarily related to an increased net loss in the current period combined with stock issued for services in the prior period of $200,000 and increased operating costs. During the year ended December 31, 2024, net cash used in investing activities was $87,817 compared to $18,630 for the year ended December 31, 2023. This difference related to expenditures for capitalized software in the current period of $87,817 versus $39,308 for the prior period offset by sale of fixed assets in the prior period in the amount of $20,678. During the year ended December 31, 2024, our financing activities provided cash of $142,000 compared to $201,840 during the year ended December 31, 2023. The cash provided in the current period solely related to proceeds from the issuance of convertible notes payable. The cash provided in the prior period related to proceeds from the sale of common stock of $25,000, proceeds from the issuance of convertible notes payable of $225,000 and repayments on notes payable in the amount of $48,160.

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Item 8. Financial Statements and Supplementary Data

TOTALIGENT, INC. 

CONSOLIDATED FINANCIAL STATEMENTS 

December 31, 2024 and 2023

INDEX TO CONSOLIDATED FINANCIAL STATEMENTS

Report of Independent Registered Public Accounting Firm (PCAOB ID # 6920) F-1     Consolidated Balance Sheets as of December 31, 2024 and 2023 F-3   Consolidated Statements of Operations for the Years Ended December 31, 2024 and 2023 F-4   Consolidated Statements of Stockholder’s Deficit for the Years Ended December 31, 2024 and 2023 F-4   Consolidated Statements of Cash Flows for the Years Ended December 31, 2024 and 2023 F-6   Notes to Consolidated Financial Statements F-7 

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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Stockholders of 

Totaligent, Inc. 

Opinion on the Financial Statements

We have aud