Company: MNTR
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010157
Chunk: 4

Company: Mentor Capital, Inc.
Filing Date: 2025-05-14
Form: 10-Q
Item: Item 1
Chunk 4
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 21,686,105  
    $2,169  
    $11,917,362  
    $(9,232,027) 
    $2,687,504 
     
    $2,687,504 

    *
    Par value of series Q preferred shares is less than $1.

See accompanying Notes to Financial Statements

-7-

Mentor Capital, Inc.

Condensed Consolidated Statements of Cash Flows (Unaudited)

    2025  
    2024 

    For the Three Months Ended 

    March 31,

    2025  
    2024 
  
    CASH FLOWS FROM OPERATING ACTIVITIES: 

    Net (loss) 
    $(204,715) 
    $(208,006)
  
    Depreciation and amortization 
     85  
     269 
  
    Accumulated amortization of royalty interests 
     508  
     - 
  
    Amortization of discount on investment in account receivable 
     -  
     (4,751)
  
    (Gain) loss on investment in securities at fair value 
     42,991  
     (31,487)
  
    (Gain) loss on investment in gold, at fair value 
     (7,043) 
     - 
  
    Decrease (increase) in operating assets 

    Royalty income receivable 
     (2,000) 
     - 
  
    Accounts receivable - trade 
     -  
     (300)
  
    Other receivables 
     (11,242) 
     (15,000)
  
    Prepaid expenses and other current assets 
     (11,770) 
     (11,494)
  
    Increase (decrease) in operating liabilities 

    Accounts payable 
     71,976  
     74,375 
  
    Accrued expenses 
     (16,549) 
     (17,921)
  
    Accrued salary, retirement, and benefits - related party 
     (10,769) 
     11,070 

    Net cash provided by (used by) operating activities 
     (148,528) 
     (203,245)

    CASH FLOWS FROM INVESTING ACTIVITIES: 

    Purchase of gold