10-Q
Quarterly Report
CANNABIS SUISSE CORP.
CIK: 1680132
File #: 333-213009
Balance Sheet
38 line items · 2 periods
XBRL
| Item | Feb 29, 2024 | May 31, 2023 |
|---|---|---|
BALANCE SHEETS | ||
ASSETS | ||
Current Assets | ||
Cash and Cash Equivalents | 44 | 199 |
Other Non-Operating Current Assets | 0 | 4,500 |
Total Current Assets | 44 | 4,699 |
Property, Plant and Equipment | 25,673 | 28,856 |
Operating Lease Right-of-Use Asset | 500,220 | 312,748 |
Lease to rent office | 183,939 | — |
Lease to rent 2652 Blanding | 102,280 | — |
Lease to rent 1268 Church St | 98,368 | — |
Lease to rent 2502 Blanding Blvd | 115,633 | — |
TOTAL ASSETS | 525,937 | 346,303 |
LIABILITIES & STOCKHOLDERS' DEFICIT | ||
Current Liabilities | ||
Accounts Payable | 9,772 | 10,770 |
Other Non-Operating Current Liabilities | 22,213 | 8,865 |
Short-Term Debt | 54,235 | 29,159 |
Convertible Notes Payable | 50,000 | 135,000 |
Short-Term Debt | 85,000 | 0 |
Operating Lease Liability, Current | 188,648 | 149,997 |
Total Current Liabilities | 409,868 | 333,791 |
Long-Term Debt | 542,206 | 135,000 |
Operating Lease Liability, Non-Current | 50,838 | 206,959 |
Total Liabilities | 1,002,912 | 675,750 |
Stockholders' Deficit | ||
Preferred Stock | 5,000 | 5,000 |
Total Stockholders' Equity | 46,255 | 44,255 |
Total Stockholders' Equity | 1,073,589 | 1,055,589 |
Unearned Compensations | 0 | 20,000 |
Total Stockholders' Equity | (1,601,819) | (1,414,291) |
Total Stockholders' Deficit | (476,975) | (329,447) |
Preferred Stock | 5,000 | 5,000 |
Common Stock | 46,255 | 44,255 |
Additional Paid-in Capital | 1,073,589 | 1,055,589 |
Deferred Compensation, Share-Based Payments | 0 | (20,000) |
Retained Earnings | (1,601,819) | (1,414,291) |
TOTAL LIABILITIES & STOCKHOLDERS' DEFICIT | 525,937 | 346,303 |