Company: MNTR
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001620
Chunk: 905

Company: Mentor Capital, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 7
Chunk 905
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 $2,182,121 and working capital of $3,263,848. Operating cash outflows in the year ended December 31, 2024, were
($627,055), including ($839,505) of net income loss, plus depreciation and amortization of $1,073, less amortization of discount on investment
receivable of ($9,559), less gain on investment in securities, at fair value of ($34,989), plus loss on long-term investments of $250,208,
plus other receivables of $15,000, less prepaid expenses and current assets of ($502), plus accounts payable of $14, less accrued expenses
of ($48,861), plus accrued salary, retirement, and benefits of related party of $40,066.

Net
cash inflows in 2024 from investing activities were $561,870, including ($1,420,608) purchase of investment securities, plus $982,478
proceeds from investment securities sold, plus $1,000,000 received from proceeds from Ally Waste note receivable.

Net
outflows from financing activities in 2024 were ($183,993), including ($300) paid in capital for Company stock repurchases, less ($183,693)
payments on the repurchase of the Company’s stock.

We will seek to raise additional
funds through financing, additional collaborative relationships, or other arrangements to increase revenues to support positive cash
flow. We believe our existing available resources and
opportunities are sufficient to satisfy our funding requirements for four years.

In
addition, on February 9, 2015, in accordance with Section 1145 of the United States Bankruptcy Code and the Company’s court-approved
Plan of Reorganization, the Company announced a minimum 30-day partial redemption of up to 1% (approximately 90,000) of the already outstanding
Series D warrants to provide for the court specified redemption mechanism for warrants not exercised timely by the original holder or
their estates. Company designees that applied during the 30 days paid 10 cents per warrant to redeem the warrant and then exercised the
Series D warrant to purchase a share. In the Company’s October 7, 2016 press release, Mentor stated that the 1% redemptions, which
were formerly on a calendar month schedule, would subsequently be initiated on a random date schedule after the prior 1% redemption is
completed to prevent potential third-party manipulation of share prices at month