Company: MNTR
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011889
Chunk: 1

Company: Mentor Capital, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 1
Chunk 1
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    Accounts payable 
    $7,102  
    $3,166 
  
    Accrued expenses 
     34,996  
     42,599 
  
    Total current liabilities 
     42,098  
     45,765 

    Long-term liabilities 

    Accrued salary, retirement, and incentive fee-related party 
     478,141  
     476,578 
  
    Total long-term liabilities 
     478,141  
     476,578 
  
    Total liabilities 
     520,239  
     522,343 

    Commitments and Contingencies (Note 16) 
     -  
     - 

    Shareholders’ equity 

    Preferred stock, $0.0001
    and $0.0001 par value, 5,000,000
    and 5,000,000 shares authorized;
    11 and 11
    series Q preferred shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively. * 
     -  
     - 
  
    Common stock, $0.0001 and $0.0001 par value, 75,000,000 and 75,000,000 shares authorized; 21,686,105 and 21,686,105 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively. 
     2,169  
     2,169 
  
    Additional paid in capital 
     11,917,362  
     11,917,362 
  
    Accumulated deficit 
     (9,448,732) 
     (9,027,312)
  
    Total shareholders’ equity 
     2,470,799  
     2,892,219 

    Total liabilities and shareholders’ equity 
    $2,991,038  
    $3,414,562 

*Par value is less
than $0.01.

See
accompanying Notes to Financial Statements

-5-

Mentor
Capital, Inc.

Condensed
Consolidated Income Statements (Unaudited)

    Three Months Ended June 30,  
    Six Months Ended June 30, 

    2025  
    2024  
    2025