10-K
Annual Report
WEWARDS, INC.
CIK: 1616156
File #: 000-55957
Balance Sheet
28 line items · 2 periods
XBRL
| Item | May 31, 2024 | May 31, 2023 |
|---|---|---|
ASSETS | ||
Current assets: | ||
Cash and Cash Equivalents | 764,205 | 889,405 |
Other Non-Operating Current Assets | 487 | 587 |
Total current assets | 764,692 | 889,992 |
Total assets | 764,692 | 889,992 |
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | ||
Current liabilities: | ||
Accounts Payable | 100 | 100 |
Other Non-Operating Current Liabilities | 3,520,906 | 2,994,467 |
Convertible Note Payable - Sky Rover Holdings Ltd | 908,303 | — |
Convertible Note Payable - Sky Rover Holdings Ltd 1 | 2,612,603 | — |
Short-Term Debt | 0 | 2,500,000 |
Total current liabilities | 3,521,006 | 5,494,567 |
Long term liabilities: | ||
Long-Term Debt | 10,500,000 | 8,000,000 |
Total liabilities | 14,021,006 | 13,494,567 |
Stockholders' equity (deficit): | ||
Preferred Stock | 0 | 0 |
Total Stockholders' Equity | 107,483 | 107,483 |
Total Stockholders' Equity | 5,161,532 | 5,161,532 |
Total Stockholders' Equity | (18,525,329) | (17,873,590) |
Total stockholders' equity (deficit) | (13,256,314) | (12,604,575) |
Preferred Stock | 0 | 0 |
Common Stock | 107,483 | 107,483 |
Additional Paid-in Capital | 5,161,532 | 5,161,532 |
Retained Earnings | (18,525,329) | (17,873,590) |
Total liabilities and stockholders' equity (deficit) | 764,692 | 889,992 |