Company: TGNT
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001477932-25-002496
Chunk: 408

Company: Totaligent, Inc.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 5
Chunk 408
---
 Florida  April 7, 2025  

 F-2Table of Contents

TOTALIGENT, INC.(Formerly Alltemp, Inc.)AND SUBSIDIARYCONSOLIDATED BALANCE SHEETS  December 31, 2024  December 31, 2023                       ASSETS             Current assets      Cash $22,128  $167,735 Prepaid expenses  6,452   190,213 Total current assets  28,580   357,948          Property and equipment, net  66,354   89,544 Capitalized software  127,991   39,308 Total assets $222,925  $486,800                    LIABILITIES AND STOCKHOLDERS' DEFICIT                 Current liabilities        Accounts payable $7,000  $- Accrued compensation  988,697   655,395 Accrued interest  125,090   77,876 Convertible notes payable, net of unamortized discount of $0 and $6,467  681,335   514,363 Derivative liability  158,055   149,182 Total current liabilities  1,960,177   1,396,816          Total liabilities  1,960,177   1,396,816          Commitments and contingencies (Note 7)                 Stockholders' deficit        Preferred stock, $0.01 par value; authorized –10,000,000 shares;        Series D Convertible Preferred stock, authorized –1,000,000 shares; issued and outstanding – 713,750 and 603,750 shares at December 31, 2024 and 2023, respectively  7,138   6,038 Common stock, $0.001 par value; authorized – 500,000,000 shares; 211,101,313 shares issued and 172,913,813 outstanding   211,101   211,101 Shares to be issued  5,476   5,486 Additional paid-in capital  818,577   699,667 Accumulated deficit  (1,807,363)  (860,127)Treasury stock, 38,187,500