10-K
Annual Report
Webstar Technology Group, Inc.
CIK: 1645155
File #: 000-56268
Balance Sheet
31 line items · 2 periods
XBRL
| Item | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|
ASSETS | ||
Current assets | ||
Cash and Cash Equivalents | 170 | 178 |
Other Non-Operating Current Assets | 498 | 498 |
Total current assets | 668 | 676 |
Operating Lease Right-of-Use Asset | — | 2,347 |
Intangible Assets | — | 1,600 |
Total assets | 668 | 4,623 |
LIABILITIES AND STOCKHOLDERS’ DEFICIT | ||
Current liabilities | ||
Accounts Payable | 24,981 | 44,343 |
Other Current Liabilities | 3,074,406 | 2,349,874 |
Executive Employment Agreements | 309,444 | 309,444 |
Other Non-Operating Current Liabilities | 43,989 | 50,556 |
Majority Shareholder - Notes Payable to Banks | 43,989 | 50,556 |
Other Non-Operating Current Liabilities | 228,674 | 96,753 |
Operating Lease Liability, Current | — | 1,660 |
Related Party | 1,000,000 | — |
Total current liabilities | 4,372,050 | 2,543,186 |
Related Party | — | 1,101,000 |
Operating Lease Liability, Non-Current | — | 729 |
Total liabilities | 4,372,050 | 3,644,915 |
Mr. James Owens | — | 530,284 |
Total Stockholders' Equity | 15,827 | 13,990 |
Total Stockholders' Equity | 38,750,207 | 38,568,334 |
Total Stockholders' Equity | (43,137,416) | (42,222,616) |
Total stockholders’ deficit | (4,371,382) | (3,640,292) |
Common Stock | 15,827 | 13,990 |
Additional Paid-in Capital | 38,750,207 | 38,568,334 |
Retained Earnings | (43,137,416) | (42,222,616) |
Total liabilities and stockholders’ deficit | 668 | 4,623 |