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BUSINESS DESCRIPTION AND NATURE OF OPERATIONS (Tables)
9 Months Ended
Sep. 30, 2024
Accounting Policies [Abstract]  
SCHEDULE OF BALANCE SHEET

The Company’s Balance Sheet as of September 28, 2021:

 

Description  Book Value, $ 
Cash (+)  $932 
Accounts payable (-)   50,000 
Due to related party (-)   6,841 
Net assets (A)  $(55,909)
Company share (B)   977,348 
Share price (C)  $2.00 
Consideration or purchase price (D) = (B) X (C)   1,954,697 
Goodwill (D) – (A)  $2,010,606 
SCHEDULE OF RESTATEMENT ON AFFECTED FINANCIAL STATEMENT
As previously reported  No. of shares   Value   Addition paid-in capital   Accumulated deficit   Total stockholders’ equity (deficit) 
Three months ended September 30, 2023                         
Balance - June 30, 2023   115,847,349   $11,585   $18,790,939   $(17,759,175)  $1,043,349 
                          
Restated                         
Three months ended September 30, 2023                         
Balance - June 30, 2023   115,847,349   $11,585   $16,729,343   $(17,708,183)  $(967,255)
                          
Effects of change                         
Three months ended September 30, 2023                         
Balance - June 30, 2023   -   $-   $2,061,596   $(50,992)  $2,010,604 

 

EVA LIVE, INC.

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT)

 

As previously reported  No. of shares   Value   Addition paid-in capital   Accumulated deficit   Total stockholders’ equity (deficit) 
Nine months ended September 30, 2023                         
Balance - December 31, 2022   115,847,349   $11,585   $18,790,939   $(18,131,587)  $670,937 
                          
Restated                         
Nine months ended September 30, 2023                         
Balance - December 31, 2022   115,847,349   $11,585   $16,729,343   $(18,080,595)  $(1,339,667)

 

Effects of change  No. of shares   Value   Addition paid-in capital   Accumulated deficit   Total stockholders’ equity (deficit) 
Nine months ended September 30, 2023                         
Balance - December 31, 2022   -   $-   $2,061,596   $(50,992)  $2,010,604 
SCHEDULE OF BREAKDOWN OF EFFECTS OF CHANGE

SCHEDULE OF BREAKDOWN OF EFFECTS OF CHANGE

Reverse recapitalization adjustment for goodwill  $(2,010,606)
    
Breakdown of effects of change   
Reverse recapitalization adjustment for goodwill  $(2,010,606)
Reverse recapitalization adjustment in APIC  $(50,990)
Change in Additional paid in capital  $(2,061,596)