10-K
Annual Report
PREAXIA HEALTH CARE PAYMENT SYSTEMS INC.
PAXH
CIK: 1350156
File #: 000-53490
Balance Sheet
31 line items · 2 periods
XBRL
| Item | May 31, 2026 | May 31, 2025 |
|---|---|---|
Assets | ||
Current assets | ||
Cash and Cash Equivalents | 1,003 | 0 |
Other Non-Operating Current Assets | 0 | 0 |
Total current assets | 1,003 | 0 |
Property, Plant and Equipment | 582,610 | 0 |
Total assets | 583,613 | 0 |
Liabilities and Shareholders' Deficit | ||
Current liabilities | ||
Accounts Payable | 207,198 | 43,683 |
Accounts Payable | 579,038 | 468,725 |
Related party loans | 66,838 | 1,627,421 |
Other Non-Operating Current Liabilities | 0 | 10 |
Convertible notes - related party | 25,000 | 0 |
Convertible Note Payable - Tom Zapatinas | 0 | 1,058,760 |
Short-Term Debt | 89,106 | 201,330 |
Total current liabilities | 967,180 | 2,341,169 |
Total liabilities | 967,180 | 2,341,169 |
Shareholders' Deficit | ||
Total Stockholders' Equity | 44,715 | 19,768 |
Total Stockholders' Equity | 5,885,995 | 2,782,203 |
Stock subscription | 0 | 7,825 |
Total Stockholders' Equity | (6,371,861) | (5,210,390) |
Total Stockholders' Equity | 57,584 | 59,425 |
Total shareholders' deficit | (383,567) | (2,341,169) |
Common Stock | 44,715 | 19,768 |
Additional Paid-in Capital | 5,885,995 | 2,782,203 |
Subscriptions For Stock To Be Issued | — | 7,825 |
AOCI Attributable to Parent | 57,584 | 59,425 |
Retained Earnings | (6,371,861) | (5,210,390) |
Total liabilities and shareholders' deficit | 583,613 | 0 |