10-K
Annual Report
WEWARDS, INC.
CIK: 1616156
File #: 000-55957
Balance Sheet
26 line items · 2 periods
XBRL
| Item | May 31, 2025 | May 31, 2024 |
|---|---|---|
ASSETS | ||
Current assets: | ||
Cash and Cash Equivalents | 693,290 | 764,205 |
Other Non-Operating Current Assets | 487 | 487 |
Total current assets | 693,777 | 764,692 |
Total assets | 693,777 | 764,692 |
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | ||
Current liabilities: | ||
Accounts Payable | 325 | 100 |
Other Non-Operating Current Liabilities | 4,045,906 | 3,520,906 |
Convertible Note Payable - Sky Rover Holdings Ltd | 1,033,303 | — |
Convertible Note Payable - Sky Rover Holdings Ltd 1 | 3,012,603 | — |
Total current liabilities | 4,046,231 | 3,521,006 |
Long term liabilities: | ||
Long-Term Debt | 10,500,000 | 10,500,000 |
Total liabilities | 14,546,231 | 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 | (19,121,469) | (18,525,329) |
Total stockholders' equity (deficit) | (13,852,454) | (13,256,314) |
Common Stock | 107,483 | 107,483 |
Additional Paid-in Capital | 5,161,532 | 5,161,532 |
Retained Earnings | (19,121,469) | (18,525,329) |
Total liabilities and stockholders' equity (deficit) | 693,777 | 764,692 |