10-K/A
Annual Report
CANNABIS SUISSE CORP.
CIK: 1680132
File #: 333-213009
Balance Sheet
44 line items · 2 periods
XBRL
| Item | May 31, 2024 | May 31, 2023 |
|---|---|---|
BALANCE SHEETS | ||
ASSETS | ||
Current Assets | ||
Cash and Cash Equivalents | 28,562 | 199 |
Other Non-Operating Current Assets | 167,891 | 4,500 |
Total Current Assets | 196,453 | 4,699 |
Property, Plant and Equipment | 24,612 | 28,856 |
Operating Lease Right-of-Use Asset | 675,558 | 312,748 |
Lease to rent office | 277,516 | — |
Lease to rent 2652 Blanding | 87,627 | — |
Lease to rent 1268 Church St | 142,963 | — |
Lease to rent 2502 Blanding Blvd | 167,462 | — |
TOTAL ASSETS | 896,623 | 346,303 |
LIABILITIES & STOCKHOLDERS' DEFICIT | ||
Current Liabilities | ||
Accounts Payable | 4,304 | 10,770 |
Other Non-Operating Current Liabilities | 33,380 | 8,865 |
Short-Term Debt | 83,159 | 29,159 |
Convertible Notes Payable | 50,000 | 50,000 |
Serhii Cherniienko, April 2021 | 30,000 | — |
Noi Tech LLC, April 15 2021 | 20,000 | — |
Short-Term Debt | 85,000 | 85,000 |
Okie LLC, May 2022 | 85,000 | — |
Chief Executive Officer | 135,000 | — |
Operating Lease Liability, Current | 125,157 | 149,997 |
Total Current Liabilities | 381,000 | 333,791 |
Long-Term Debt | 1,820,517 | 135,000 |
Prepayment Convertible Note with CEO, 10 N Newnan | 1,061,928 | — |
Prepayment Convertible Note with CEO, 1268 Church St | 623,589 | — |
Operating Lease Liability, Non-Current | 40,936 | 206,959 |
Total Liabilities | 2,242,453 | 675,750 |
Stockholders' Deficit | ||
Preferred Stock | 5,000 | 5,000 |
Total Stockholders' Equity | 70,681 | 44,255 |
Total Stockholders' Equity | 1,179,393 | 1,055,589 |
Unearned Compensations | 0 | 20,000 |
Total Stockholders' Equity | (2,600,904) | (1,414,291) |
Total Stockholders' Deficit | (1,345,830) | (329,447) |
Preferred Stock | 5,000 | 5,000 |
Common Stock | 70,681 | 44,255 |
Additional Paid-in Capital | 1,179,393 | 1,055,589 |
Deferred Compensation, Share-Based Payments | 0 | (20,000) |
Retained Earnings | (2,600,904) | (1,414,291) |
TOTAL LIABILITIES & STOCKHOLDERS' DEFICIT | 896,623 | 346,303 |