Company: MNTR
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001620
Chunk: 1430

Company: Mentor Capital, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 11
Chunk 1430
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ows

For
The Years Ended December 31, 2024 and 2023

    2024  
    2023 
  
    CASH FLOWS FROM OPERATING ACTIVITIES: 

    Net income (loss) 
    $(839,505) 
    $3,157,658 
  
    Less net income from discontinued operations 
     -  
     (77,899)
  
    Adjustments to reconcile net income (loss) to net cash provided by (used by) operating activities: 

    Depreciation and amortization 
     1,073  
     1,706 
  
    Bad debt expense 
     -  
     10,198 
  
    Amortization of discount on investment in account receivable 
     (9,559) 
     (41,741)
  
    Gain on sale of discontinued operation 
     -  
     (4,805,389)
  
    (Gain) loss on investment in securities at fair value 
     (34,989) 
     2,484 
  
    (Gain) loss on long-term investments 
     250,208  
     - 
  
    Decrease (increase) in operating assets 

    Accounts receivable - trade 
     -  
     (11,398)
  
    Other receivables 
     15,000  
     (15,000)
  
    Prepaid expenses and other current assets 
     (502) 
     2,867 
  
    Increase (decrease) in operating liabilities 

    Accounts payable 
     14  
     (4,383)
  
    Accrued expenses 
     (48,861) 
     72,089 
  
    Accrued salary, retirement, and benefits - related party 
     40,066  
     (717,436)
  
    Net cash provided by (used by) operating activities 
     (627,055) 
     (2,426,244)

    CASH FLOWS FROM INVESTING ACTIVITIES: 

    Purchase of investment securities 
     (1,420,608) 
     (649,847)
  
    Proceeds from securities sold 
     982,478  
     - 
  
    Sale of investment of discontinued operation 
     -  
     6,