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

Company: STARGUIDE GROUP, INC.
Filing Date: 2025-12-11
Form: 10-Q
Item: Part I, Item 1
Chunk 10
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enerating unit’s fair value less costs of disposal and its value in use and is determined for an individual asset, unless the asset does not generate cash inflows that are largely independent of those from other assets or groups of assets. Where the carrying amount of an asset or a group of assets exceeds its recoverable amount, the asset is considered impaired and is written down to its recoverable amount. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset or the group of assets. Net Income (Loss) per Share The Company computes basic and diluted net loss per share amounts in accordance with ASC Topic 260, “Earnings per Share.” Basic loss per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of shares of common stock outstanding during the reporting period. Diluted loss per share reflects the potential dilution that could occur if convertible notes to issue common stock were converted resulting in the issuance of common stock that could share in the loss of the Company.  For the nine months ended October 31, 2025 and 2024, convertible notes were dilutive instruments and were not included in the calculation of diluted loss per share as their effect would be antidilutive:   October 31,  October 31,   2025  2024   (Shares)  (Shares) Convertible note payable  1,381,370   949,360  As of October 31, 2025 and January 31, 2025, the total convertible shares from convertible notes totaling $138,137 and $103,787 issued to an unaffiliated party from October 31, 2023 through October 31, 2025 with conversion rate of $0.10 per shares was 1,381,368 shares and 1,037,870 shares. (Note 7) 

 10Table of Contents

 Recent Accounting Pronouncements The Company has reviewed all recently issued, but not yet effective, considers the applicability and impact of all accounting standards updates (“ASUs”). Management periodically reviews new accounting standards that are issued.  The Company does not expect that any recently issued accounting pronouncements will have a significant effect on its condensed consolidated financial statements. Recently Adopted Accounting Standards In November 2023, the FASB issued AS