Company: LAAI
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001683168-25-003680
Chunk: 15

Company: Loan Artificial Intelligence Corp.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 15
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to advance the necessary capital to pay the expenses of the Company and there are no formal financing agreements in place. The outstanding
amount due to related parties was $88,085 and $87,525 as of March 31, 2025 and December 31, 2024.

Operating Activities

Net cash used in operating activities were $560
for the three months ended March 31, 2025 and $150 for the same period ended 2024. The change resulted from net operating loss $6,381
for the three months ended March 31, 2025 with accounts payable and accrued expenses increased by $5,821 from $22,845 at December 31,
2024 to $28,666 at March 31, 2025. The increase in accounts payable and accrued expenses is related to other professional fee and administration
expenses incurred and payable during the period.

Investing Activities

No investing activities occurred during the three
months ended March 31, 2025 and 2024.

Financing Activities

Net cash provided by financing activities were
$560 for the three months ended March 31, 2025 and $150 for the same period ended in 2024. The Company received net advances of $560 and
$150 from related party for working capital purposes for the three months ended March 31, 2025, respectively. During the three months
ended March 31, 2025 the Company issued $Nil common stock for cash.

Off-Balance Sheet Arrangements

There are no off-balance sheet arrangements with
any party.

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Critical Accounting Policies

Our discussion and analysis of results of operations
and financial condition are based upon our condensed consolidated financial statements, which have been prepared in accordance with accounting
principles generally accepted in the United States of America. The preparation of these condensed consolidated financial statements requires
us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure
of contingent assets and liabilities. We evaluate our estimates on an ongoing basis, including those related to provisions for uncollectible
accounts receivable, inventories, valuation of intangible assets and contingencies and litigation. We base our estimates on historical
experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the
basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual
results may differ from these