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Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss attributable to Spectral Capital Corporation $ (2,009,871) $ (173,079)
Adjustments to reconcile net loss to net cash used in by operating activities:    
Non-controlling interest 0 (54)
Stock-based compensation 749,332 0
Excess value of common stock issued to settle liabilities 265,591 0
Changes in operating assets and liabilities    
Accounts receivable 0 25,000
Due to related parties - accrued salary 72,000 108,000
Accounts payable and accrued expenses 36,688 0
Net cash used in operating activities (886,260) (40,133)
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash acquired from business combination 5,955 0
Deposit paid for acquisition (134,862) 0
Net cash used in investing activities (128,907) 0
CASH FLOWS FROM FINANCING ACTIVITIES    
Short-term advances 45,500 30,200
Proceeds from related party advances 0 377
Proceeds from sale of common stock 1,160,040 0
Net cash provided by financing activities 1,205,540 30,577
Effect of exchange rate changes on cash 1 0
Change in cash and cash equivalents 190,374 (9,556)
Cash and cash equivalents, beginning of period 240 10,672
Cash and cash equivalents, end of period 190,614 1,116
Supplemental disclosure of cash flow information    
Cash paid for interest 0 0
Cash paid for income taxes 0 0
Non-cash investing and financing activities    
Issuance of common stock in settlement of liabilities $ 88,100 $ 0