10-Q Filing

MASS MEGAWATTS WIND POWER INC CIK: 1117228 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001493152-22-034300`
Period End Date	20221031
Filing Date	20221202
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 40 Income Statement 30 Cash Flow Statement 32 Stockholders Equity 22

Balance Sheet 40 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	138.36M	shares	Point-in-time
Cash	`Cash`	$107.86K	USD	Point-in-time
Cash	`Cash`	$11.78K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	143.46M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	138.36M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	143.46M	shares	Point-in-time
Deposits and other current assets	`DepositsAndOtherCurrentAssets`	$1.00K	USD	Point-in-time
Deposits and other current assets	`DepositsAndOtherCurrentAssets`	$1.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$108.86K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$12.78K	USD	Point-in-time
Total assets	`Assets`	$108.86K	USD	Point-in-time
Total assets	`Assets`	$12.78K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$99.51K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$103.60K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$27.10K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$27.10K	USD	Point-in-time
Advances - related party	`DueToRelatedPartiesCurrent`	$1.99K	USD	Point-in-time
Advances - related party	`DueToRelatedPartiesCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$126.61K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$132.70K	USD	Point-in-time
Total liabilities	`Liabilities`	$126.61K	USD	Point-in-time
Total liabilities	`Liabilities`	$132.70K	USD	Point-in-time
Common stock, no par value, 160,000,000 shares authorized, 143,464,579 and 138,364,579 shares issued and outstanding, respectively	`CommonStockValue`	$8.53M	USD	Point-in-time
Common stock, no par value, 160,000,000 shares authorized, 143,464,579 and 138,364,579 shares issued and outstanding, respectively	`CommonStockValue`	$8.57M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$1.57K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$1.57K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-8.55M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-8.70M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-17.74K	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-106.47K	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-56.89K	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-88.38K	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-109.59K	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-119.92K	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$108.86K	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$12.78K	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`GeneralAndAdministrativeExpense`	$149.33K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$57.48K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$48.09K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$114.08K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$57.48K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$48.09K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$149.33K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$114.08K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-48.09K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-114.08K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-149.33K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-91.84K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-57.48K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-65.99K	USD	1 Quarter
Loss per share - basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Loss per share - basic	`EarningsPerShareBasic`	-	USD	2 Qtrs
Loss per share - basic	`EarningsPerShareBasic`	-	USD	2 Qtrs
Loss per share - basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Loss per share - diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Loss per share - diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Loss per share - diluted	`EarningsPerShareDiluted`	-	USD	2 Qtrs
Loss per share - diluted	`EarningsPerShareDiluted`	-	USD	2 Qtrs
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	139.92M	shares	1 Quarter
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	138.84M	shares	2 Qtrs
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	131.29M	shares	1 Quarter
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	130.92M	shares	2 Qtrs
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	138.84M	shares	2 Qtrs
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	131.29M	shares	1 Quarter
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	130.92M	shares	2 Qtrs
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	139.92M	shares	1 Quarter

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-48.09K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-114.08K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-149.33K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-91.84K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-57.48K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-65.99K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$2.90K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	-	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.09K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-9.86K	USD	2 Qtrs
Advances - related party	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	-	USD	2 Qtrs
Advances - related party	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$1.99K	USD	2 Qtrs
CASH FLOWS USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-140.34K	USD	2 Qtrs
CASH FLOWS USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-123.94K	USD	2 Qtrs
Proceeds from sale of common shares	`ProceedsFromIssuanceOfCommonStock`	$44.25K	USD	2 Qtrs
Proceeds from sale of common shares	`ProceedsFromIssuanceOfCommonStock`	$64.50K	USD	2 Qtrs
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$64.50K	USD	2 Qtrs
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$44.25K	USD	2 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-59.44K	USD	2 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-96.09K	USD	2 Qtrs
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$107.86K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.24K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.78K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$70.69K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$107.86K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.24K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$11.78K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$70.69K	USD	Point-in-time
Cash paid on interest expenses	`InterestPaidNet`	-	USD	2 Qtrs
Cash paid on interest expenses	`InterestPaidNet`	-	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$-17.74K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-106.47K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-56.89K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-88.38K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-109.59K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-119.92K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-48.09K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-114.08K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-149.33K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-91.84K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-57.48K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-65.99K	USD	1 Quarter
Common shares for cash	`StockIssuedDuringPeriodValueNewIssues`	$34.50K	USD	1 Quarter
Common shares for cash	`StockIssuedDuringPeriodValueNewIssues`	$30.00K	USD	1 Quarter
Common shares for cash	`StockIssuedDuringPeriodValueNewIssues`	$44.25K	USD	1 Quarter
Common shares for services	`StockIssuedDuringPeriodValueIssuedForServices`	$2.90K	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$-17.74K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-106.47K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-56.89K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-88.38K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-109.59K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-119.92K	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.