10-Q
Quarterly Report
WEWARDS, INC.
CIK: 1616156
File #: 000-55957
Balance Sheet
30 line items · 2 periods
XBRL
| Item | Aug 31, 2024 | May 31, 2024 |
|---|---|---|
ASSETS | ||
Current assets: | ||
Cash and Cash Equivalents | 741,560 | 764,205 |
Other Non-Operating Current Assets | 187 | 487 |
Total current assets | 741,747 | 764,692 |
Total assets | 741,747 | 764,692 |
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | ||
Current liabilities: | ||
Accounts Payable | 4,050 | 100 |
Other Current Liabilities | 875 | 0 |
Other Non-Operating Current Liabilities | 3,653,235 | 3,520,906 |
Convertible Note Payable - Sky Rover Holdings Ltd | 939,810 | — |
Convertible Note Payable - Sky Rover Holdings Ltd 1 | 2,713,425 | — |
Total current liabilities | 3,658,160 | 3,521,006 |
Long term liabilities: | ||
Short-Term Debt | 10,500,000 | 10,500,000 |
Convertible Note Payable - Sky Rover Holdings Ltd | 2,500,000 | 2,500,000 |
Convertible Note Payable - Sky Rover Holdings Ltd 1 | 8,000,000 | 8,000,000 |
Total liabilities | 14,158,160 | 14,021,006 |
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 | (18,685,428) | (18,525,329) |
Total stockholders' equity (deficit) | (13,416,413) | (13,256,314) |
Preferred Stock | 0 | 0 |
Common Stock | 107,483 | 107,483 |
Additional Paid-in Capital | 5,161,532 | 5,161,532 |
Retained Earnings | (18,685,428) | (18,525,329) |
Total liabilities and stockholders' equity (deficit) | 741,747 | 764,692 |