Company: STRG
Filing Date: 2025-12-11
Form Type: 10-Q
Source: 0001640334-25-002296
Chunk: 8

Company: STARGUIDE GROUP, INC.
Filing Date: 2025-12-11
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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 acquisition onward and include amortization expense arising from acquired tangible and intangible assets. Cash and Cash Equivalents Cash and cash equivalents include cash in banks, money market funds, and certificates of term deposits with maturities of less than three months from inception, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value. The Company had cash of $9 and $4 as of October 31, 2025 and January 31, 2025.

 8Table of Contents

 Reclassification Certain amounts from prior period have been reclassified to conform to the current period presentation. These reclassifications had no impact on reported operating and net loss. Related Parties We follow ASC 850, “Related Party Disclosures”, for the identification of related parties and disclosure of related party transactions. (see Note 5) Fair Value of Financial Instruments The Company adopted the provisions of ASC Topic 820, “Fair Value Measurements and Disclosures,” which defines fair value as used in numerous accounting pronouncements, establishes a framework for measuring fair value and expands disclosure of fair value measurements. The estimated fair value of certain financial instruments, including accounts payable and accrued liabilities. are carried at historical cost basis, which approximates their fair values because of the short-term nature of these instruments. The carrying amounts of our short and long term credit obligations approximate fair value because the effective yields on these obligations, which include contractual interest rates taken together with other features such as concurrent issuances of warrants and/or embedded conversion options, are comparable to rates of returns for instruments of similar credit risk. ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 describes three levels of inputs that may be used to measure fair value: Level 1 -quoted prices in active markets for identical assets or liabilities  Level 2 -quoted prices for similar assets and liabilities in active markets or inputs that are observable  Level 3 -inputs that are unobservable (for example cash flow modeling inputs based on assumptions) Revenue Recognition The Company recognizes revenue in accordance with ASC