Company: MNTR
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021833
Chunk: 7

Company: Mentor Capital, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Item 1
Chunk 7
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     - 
  
    Proceeds from investment securities sold 
     835,209  
     - 
  
    Acquired royalty interests in the Permian Basin 
     (1,369,899) 
     - 
  
    Purchases of property and equipment 
     (8,465) 
     - 

    Net cash (used by) investing activities 
     (1,674,331) 
     - 

    CASH FLOWS FROM FINANCING ACTIVITIES: 

    Paid in capital - stock repurchase 
     -  
     (286)
  
    Payments on repurchase of stock 
     -  
     (173,350)

    Net cash (used by) financing activities 
     -  
     (173,636)

    Net change in cash 
     (2,072,207) 
     (748,454)

    Beginning cash 
     2,182,121  
     2,431,229 

    Ending cash 
    $109,914  
    $1,682,845 

    SUPPLEMENTARY INFORMATION: 

    Cash paid for income taxes 
    $3,563  
    $14,289 

See
accompanying Notes to Financial Statements

-9-

Note
1 - Nature of operations

Corporate
Structure Overview

Mentor
Capital, Inc. (“Mentor” or “the Company”), reincorporated under the laws of the State of Delaware in September
2015.

The
entity was originally founded as an investment partnership in Silicon Valley, California, by the current CEO in 1985 and subsequently
incorporated under the laws of the State of California on July 29, 1994. On September 12, 1996, the Company’s offering statement
was qualified pursuant to Regulation A of the Securities Act, and the Company began to trade its shares publicly. On August 21, 1998,
the Company filed for voluntary reorganization, and on January 11, 2000, the Company emerged from Chapter 11 reorganization and relocated
to San Diego. Effective September 24, 2015, Mentor Capital, Inc. reincorporated
as a Delaware corporation and in September 2020,
Mentor relocated its corporate office from San Diego, California, to Plano, Texas.

The
Company’s common stock is publicly