Company: MNTR
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001620
Chunk: 1792

Company: Mentor Capital, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9A
Chunk 1792
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    Shareholders’ equity 

    Preferred stock, $0.0001
    par value, 5,000,000 shares
    authorized; 11 and 11
    series Q preferred shares issued and outstanding at December 31, 2024 and 2023* 
        
     - 
  
    Common stock, $0.0001 par value, 75,000,000 shares authorized; 21,686,105 and 24,686,105 shares issued and outstanding at December 31, 2024 and 2023 
     2,169  
     2,469 
  
    Additional paid in capital 
     11,917,362  
     12,101,055 
  
    Accumulated deficit 
     (9,027,312) 
     (8,187,807)
  
    Total shareholders’ equity 
     2,892,219  
     3,915,717 

    Total liabilities and shareholders’ equity 
    $3,414,562  
    $4,446,841 

    *
    Par
    value is less than $0.01

See
accompanying Notes to Financial Statements

F-3

Mentor
Capital, Inc.

Consolidated
Income Statements

For
The Years Ended December 31, 2024 and 2023

    2024

    2023

    Revenue

    Service fees
     
    $
    -

    $
    -

    Finance lease revenue

    -

    -

    Total revenue

    -

    -

    Cost of revenue

    -

    -

    Gross profit

    -

    -

    Selling, general, and administrative expenses

    780,212

    1,775,210

    Operating income (loss)

    (780,212
    )

    (1,775,210
    )

    Other income and (expense)

    Gain on sale of discontinued operations

    -

    4,805,389

    Loss on investments

    (250,208
    )

    -

    Gain on sale of investments

    41,376

    -

    Interest income

    171,255

    74,780

    Unrealized gain (loss) on investments

    (6,387
    )

    (2,484
    )
  
    Interest expense

    -

    (15,847