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PREAXIA HEALTH CARE PAYMENT SYSTEMS INC.

CIK: 1350156 SIC: 5700
-
Revenue
$-906.89K
Net Income
-
Gross Margin
-
Op. Margin
$-76.26K
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 12 annual reports available (2012 - 2024)
Breakdown TTM
(Aug 31, 2025)
FY 2024
(May 31, 2024)
FY 2023
(May 31, 2023)
FY 2022
(May 31, 2022)
FY 2021
(May 31, 2021)
FY 2020
(May 31, 2020)
+ Total Revenue - - - $368.00 $411.00 -
Revenue Growth % nan% nan% -100.0% -10.5% nan% nan%
Cost of Revenue - - - - - -
+ Gross Profit - - - $368.00 - -
Gross Margin % nan% nan% nan% 100.0% nan% nan%
Operating Expenses $906.96K $99.45K $156.27K $181.01K $163.60K $171.67K
Research & Development $391.26K $5.63K $6.53K $25.64K $8.22K $11.61K
+ Operating Income - $-99.45K $-156.27K $-180.64K $-163.19K $-171.67K
Operating Margin % nan% nan% nan% -49087.8% -39706.3% nan%
Interest Expense $13.00 - - - - -
+ Net Income $-906.89K $-99.45K $-156.27K $-180.64K $-163.19K $-171.67K
Net Margin % nan% nan% nan% -49087.8% -39706.3% nan%
Basic EPS -0.04 -0.01 -0.01 -0.01 nan nan
Diluted EPS -0.04 -0.01 -0.01 -0.01 nan nan
Basic Shares Outstanding 19.8M 19.8M 19.8M 19.8M - -
Diluted Shares Outstanding 19.8M 19.8M 19.8M - - -
Breakdown FY 2024
(May 31, 2024)
FY 2023
(May 31, 2023)
FY 2022
(May 31, 2022)
FY 2021
(May 31, 2021)
FY 2020
(May 31, 2020)
Cash & Cash Equivalents $14.00 $6.00 $259.00 $40.00 $46.00
Total Current Assets $14.00 $6.00 $259.00 $40.00 $46.00
Total Assets $14.00 $6.00 $259.00 $40.00 $46.00
Other Current Liabilities $191.33K $134.79K $134.79K $134.79K $126.97K
Total Current Liabilities $2.40M $2.30M $2.14M $1.96M $1.80M
Total Liabilities $2.40M $2.30M $2.14M $1.96M $1.80M
Common Stock $19.77K $19.77K $19.77K $19.77K $19.77K
Retained Earnings $-5.13M $-5.03M $-4.87M $-4.69M $-4.53M
Total Stockholders Equity $-2.40M $-2.30M $-2.14M $-1.96M $-1.80M
Total Liabilities & Equity $14.00 $6.00 $259.00 $40.00 $46.00
Breakdown TTM
(Aug 31, 2025)
FY 2024
(May 31, 2024)
FY 2023
(May 31, 2023)
FY 2022
(May 31, 2022)
FY 2021
(May 31, 2021)
FY 2020
(May 31, 2020)
Net Income $-929.81K $-99.45K $-156.27K $-180.64K $-163.19K $-171.67K
Operating Cash Flow $-76.26K $-30.89K $-37.62K $-63.97K $-35.72K $-30.55K
Investing Cash Flow - - - - - -
Stock Issued - - - - $7.83K -
Financing Cash Flow $206.44K $30.88K $37.36K $64.19K $35.71K $12.66K
Net Change in Cash - - - - $-6.00 $-17.89K
SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing Period ended: Aug 31, 2025
Condensed Consolidated Statements of Operations
Description Aug 31, 2025
Current Prior Year
Total Revenue - -
Operating Expenses $875.20K $4.63K
Research & Development $391.26K -
Operating Income $-875.20K $-4.63K
Interest Expense $13.00 -
Income Tax Expense - -
Net Income $-875.13K $-4.63K
Basic EPS -0.04 0.00
Diluted EPS -0.04 0.00
Basic Shares Outstanding $19.77M $19.77M
Diluted Shares Outstanding $19.77M $19.77M
Condensed Consolidated Balance Sheets
Description Aug 31, 2025 May 31, 2025
Cash & Cash Equivalents $130.28K -
Total Current Assets $490.29K -
Total Assets $1.15M -
Short-term Debt $89.78K $201.33K
Other Current Liabilities - $10.00
Total Current Liabilities $722.96K $2.34M
Total Liabilities $722.96K $2.34M
Common Stock $19.77K $19.77K
Retained Earnings $-6.09M $-5.21M
Total Stockholders Equity $427.32K $-2.34M
Total Liabilities & Equity $1.15M -
Condensed Consolidated Statements of Cash Flows
Description Aug 31, 2025
Current Prior Year
Net Income $-875.13K $-4.63K
Change in Payables $-12.33K $2.23K
Operating Cash Flow $-74.80K $-2.40K
Investing Cash Flow - -
Financing Cash Flow $204.86K $2.38K
Net Change in Cash $130.28K $-13.00

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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