Company: BSAI
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001096906-25-000357
Chunk: 57

Company: BLUSKY AI INC.
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1
Chunk 57
---
043)Shares issued for services  -   -   277,147   3   279,426   -   -   -   279,429 Shares issued with extinguishment of debt  -   -   2,117,102   21   18,057,389   -   -   -   18,057,410 Effects of sale of mine property  -   -   -   -   -   -   705,155   (1,719)  703,436 Foreign currency translation adjustment  -   -   -   -   -   -   (86,472)  -   (86,472)Net income for the Year  -   -   -   -   -   12,741,988   -   13,671   12,755,659 Balance, December 31, 2023  51   1   2,638,903   26   26,491,974   (28,913,582)  -   -   (2,421,581)Shares issued with extinguishment of debt  -   -   20,870   1   25,043   -   -   -   25,044 Net loss for the Period  -   -   -   -   -   (949,782)  -   -   (949,782)Balance, December 31, 2024  51  $1   2,659,773  $27  $26,517,017  $(29,863,364) $-  $-  $(3,346,319)

See accompanying notes to the consolidated financial statements.

 F-5Table of Contents

Blusky AI, Inc.

(fka Inception Mining, Inc.)

Consolidated Statements of Cash Flows

  For the Years Ended   December 31, 2024  December 31, 2023 Cash Flows From Operating Activities:      Net Income (Loss) $(949,782) $12,755,659 Net Income (Loss) from discontinued operations