v3.24.1.1.u2

Balance Sheets - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Current Assets
Cash and cash equivalents	$ 115,498	$ 35,254
Total Assets	115,498	35,254
Current Liabilities
Accounts payable and accrued liabilities	1,176,038	1,321,483
Notes payable	204,433
Due to a related party, Logiq Inc	$ 597,385	$ 788,045
Other Liability, Noncurrent, Related Party, Type [Extensible Enumeration]	Nonrelated Party [Member]	Nonrelated Party [Member]
Total Liabilities	$ 1,977,856	$ 2,109,528
Stockholder's Funds (Deficit)
Common stock Authorized: 200,000,000 shares of common stock, $0.001 par value 124,609,635 and 40,444,083 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively	124,610	40,444
Preferred stock Authorized: 10,000,000 shares of preferred stock, 2,000,000 shares was extinguished as of March 31, 2023 and outstanding as of December 31, 2022, respectively	0	2,000
Additional paid-in capital	7,917,066	5,864,283
Share subscriptions receivable	(58)	(58)
Accumulated deficit	(9,903,976)	(7,980,943)
Total Stockholder's Funds (Deficit)	(1,862,358)	(2,074,274)
TOTAL LIABILITIES AND STOCKHOLDER'S FUNDS	$ 115,498	$ 35,254

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19,20)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

GoLogiq, Inc. 10-Q/A