10-Q Filing

MASS MEGAWATTS WIND POWER INC CIK: 1117228 Q3 2024

Filing Information

Form Type	10-Q
Accession Number	`0001493152-24-009911`
Period End Date	20240131
Filing Date	20240314
Fiscal Year	2024
Fiscal Period	Q3
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 44 Cash Flow Statement 50 Stockholders Equity 30

Balance Sheet 44 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`	172.50M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	172.50M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	172.21M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	152.29M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	152.29M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	172.21M	shares	Point-in-time
Cash	`Cash`	$2.25K	USD	Point-in-time
Cash	`Cash`	$1.83K	USD	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`	$2.83K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.25K	USD	Point-in-time
Total assets	`Assets`	$3.25K	USD	Point-in-time
Total assets	`Assets`	$2.83K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$123.03K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$117.31K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$27.10K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$27.10K	USD	Point-in-time
Derivative Liability	`DerivativeLiabilitiesCurrent`	$127.61K	USD	Point-in-time
Derivative Liability	`DerivativeLiabilitiesCurrent`	-	USD	Point-in-time
Convertible debt, related party, net of discount	`ConvertibleDebtCurrent`	-	USD	Point-in-time
Convertible debt, related party, net of discount	`ConvertibleDebtCurrent`	$106.75K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$272.71K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$416.55K	USD	Point-in-time
Total liabilities	`Liabilities`	$272.71K	USD	Point-in-time
Total liabilities	`Liabilities`	$416.55K	USD	Point-in-time
Common stock, no par value, 172,500,000 shares authorized, 172,214,579 and 152,289,579 shares issued and outstanding, respectively	`CommonStockValue`	$8.62M	USD	Point-in-time
Common stock, no par value, 172,500,000 shares authorized, 172,214,579 and 152,289,579 shares issued and outstanding, respectively	`CommonStockValue`	$8.74M	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`	$-9.15M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-8.89M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-119.92K	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-17.74K	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-413.31K	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-385.33K	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-269.88K	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-396.59K	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-109.59K	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-127.75K	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$2.83K	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$3.25K	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`GeneralAndAdministrativeExpense`	$211.42K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$187.74K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$38.41K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$46.86K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$38.41K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$46.86K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$211.42K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$187.74K	USD	3 Qtrs
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	3 Qtrs
Interest expense	`InterestExpense`	$107.77K	USD	3 Qtrs
Interest expense	`InterestExpense`	$48.30K	USD	1 Quarter
Gain on change in derivative liability	`DerivativeGainLossOnDerivativeNet`	$61.39K	USD	3 Qtrs
Gain on change in derivative liability	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Gain on change in derivative liability	`DerivativeGainLossOnDerivativeNet`	-	USD	3 Qtrs
Gain on change in derivative liability	`DerivativeGainLossOnDerivativeNet`	$46.31K	USD	1 Quarter
Total other expenses	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Total other expenses	`OtherNonoperatingIncomeExpense`	$-46.39K	USD	3 Qtrs
Total other expenses	`OtherNonoperatingIncomeExpense`	$-1.99K	USD	1 Quarter
Total other expenses	`OtherNonoperatingIncomeExpense`	-	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-187.74K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-48.85K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-190.21K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-57.48K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.74K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-91.84K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-257.80K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-38.41K	USD	1 Quarter
Loss per share - basic	`EarningsPerShareBasic`	-	USD	3 Qtrs
Loss per share - basic	`EarningsPerShareBasic`	-	USD	3 Qtrs
Loss per share - basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Loss per share - basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Loss per share - diluted	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Loss per share - diluted	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Loss per share - diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Loss per share - diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	145.21M	shares	1 Quarter
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	140.96M	shares	3 Qtrs
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	162.97M	shares	3 Qtrs
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	167.97M	shares	1 Quarter
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	172.21M	shares	1 Quarter
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	162.97M	shares	3 Qtrs
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	145.21M	shares	1 Quarter
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	140.96M	shares	3 Qtrs

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-187.74K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-48.85K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-190.21K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-57.48K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.74K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-91.84K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-257.80K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-38.41K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$2.90K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	-	USD	3 Qtrs
Amortization of debt discount	`AdjustmentForAmortization`	$106.75K	USD	3 Qtrs
Amortization of debt discount	`AdjustmentForAmortization`	-	USD	3 Qtrs
Gain on change in derivative liability	`DerivativeGainLossOnDerivativeNet`	$61.39K	USD	3 Qtrs
Gain on change in derivative liability	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Gain on change in derivative liability	`DerivativeGainLossOnDerivativeNet`	-	USD	3 Qtrs
Gain on change in derivative liability	`DerivativeGainLossOnDerivativeNet`	$46.31K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.82K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$10.52K	USD	3 Qtrs
Advances - related party	`IncreaseDecreaseInDueToAffiliatesCurrent`	$-2.29K	USD	3 Qtrs
Advances - related party	`IncreaseDecreaseInDueToAffiliatesCurrent`	$1.99K	USD	3 Qtrs
Due to officer	`IncreaseDecreaseInDueToOfficersAndStockholdersCurrent`	$94.50K	USD	3 Qtrs
Due to officer	`IncreaseDecreaseInDueToOfficersAndStockholdersCurrent`	-	USD	3 Qtrs
CASH FLOWS USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-172.33K	USD	3 Qtrs
CASH FLOWS USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-114.41K	USD	3 Qtrs
Proceeds from advances - related party	`ProceedsFromRelatedPartyDebt`	$3.08K	USD	3 Qtrs
Proceeds from advances - related party	`ProceedsFromRelatedPartyDebt`	-	USD	3 Qtrs
Repayment of advances - related party	`RepaymentsOfRelatedPartyDebt`	$2.63K	USD	3 Qtrs
Repayment of advances - related party	`RepaymentsOfRelatedPartyDebt`	-	USD	3 Qtrs
Proceeds from sale of common shares	`ProceedsFromIssuanceOfCommonStock`	$74.84K	USD	3 Qtrs
Proceeds from sale of common shares	`ProceedsFromIssuanceOfCommonStock`	$114.38K	USD	3 Qtrs
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$114.83K	USD	3 Qtrs
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$74.84K	USD	3 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-97.49K	USD	3 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$416.00	USD	3 Qtrs
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.25K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.83K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$107.86K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$10.38K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.25K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.83K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$107.86K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$10.38K	USD	Point-in-time
Cash paid on interest expenses	`InterestPaidNet`	-	USD	3 Qtrs
Cash paid on interest expenses	`InterestPaidNet`	-	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Convertible notes issued for accrued compensation	`NotesIssued1`	-	USD	3 Qtrs
Convertible notes issued for accrued compensation	`NotesIssued1`	$189.00K	USD	3 Qtrs
Expenses paid on the Companys behalf	`ExpensePaidOnCompanysBehalf`	-	USD	3 Qtrs
Expenses paid on the Companys behalf	`ExpensePaidOnCompanysBehalf`	$100.00	USD	3 Qtrs

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-119.92K	USD	Point-in-time
Balance	`StockholdersEquity`	$-17.74K	USD	Point-in-time
Balance	`StockholdersEquity`	$-413.31K	USD	Point-in-time
Balance	`StockholdersEquity`	$-385.33K	USD	Point-in-time
Balance	`StockholdersEquity`	$-269.88K	USD	Point-in-time
Balance	`StockholdersEquity`	$-396.59K	USD	Point-in-time
Balance	`StockholdersEquity`	$-109.59K	USD	Point-in-time
Balance	`StockholdersEquity`	$-127.75K	USD	Point-in-time
Common shares for cash	`StockIssuedDuringPeriodValueNewIssues`	$20.88K	USD	1 Quarter
Common shares for cash	`StockIssuedDuringPeriodValueNewIssues`	$30.59K	USD	1 Quarter
Common shares for cash	`StockIssuedDuringPeriodValueNewIssues`	$44.25K	USD	1 Quarter
Common shares for cash	`StockIssuedDuringPeriodValueNewIssues`	$30.00K	USD	1 Quarter
Common shares for cash	`StockIssuedDuringPeriodValueNewIssues`	$63.50K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-187.74K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-48.85K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-190.21K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-57.48K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.74K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-91.84K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-257.80K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-38.41K	USD	1 Quarter
Common shares for service	`StockIssuedDuringPeriodValueIssuedForServices`	$2.90K	USD	1 Quarter
Balance	`StockholdersEquity`	$-119.92K	USD	Point-in-time
Balance	`StockholdersEquity`	$-17.74K	USD	Point-in-time
Balance	`StockholdersEquity`	$-413.31K	USD	Point-in-time
Balance	`StockholdersEquity`	$-385.33K	USD	Point-in-time
Balance	`StockholdersEquity`	$-269.88K	USD	Point-in-time
Balance	`StockholdersEquity`	$-396.59K	USD	Point-in-time
Balance	`StockholdersEquity`	$-109.59K	USD	Point-in-time
Balance	`StockholdersEquity`	$-127.75K	USD	Point-in-time

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