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TIPMEFAST, INC. has submitted its 10-Q filing for the quarterly period ended September 30, 2024.
The filing shows that the company has not generated any revenues for the three and nine months ended September 30, 2024, and 2023.
Operating expenses for the three months ended September 30, 2024, were $6,352, compared to $3,800 for the same period in 2023. For the nine months ended September 30, 2024, operating expenses were $22,173, up from $10,850 in 2023.
The company reported a net loss of $6,352 for the three months ended September 30, 2024, and $22,173 for the nine months ended September 30, 2024.
As of September 30, 2024, TIPMEFAST, INC. had $0 in total assets and $55,238 in liabilities, with an accumulated deficit of $141,253.
Cash used in operating activities for the nine months ended September 30, 2024, was $16,368, with cash provided by financing activities also at $16,368.
The company has disclosed a going concern opinion due to its limited operations and lack of revenue.
TIPMEFAST, INC. plans to seek additional capital through private placements and public offerings of its common stock.
The company has signed an Exchange Agreement with Lucent, Inc. for the acquisition as a wholly owned subsidiary, which has not yet closed as of the filing date.
The company acknowledges no off-balance sheet arrangements and no legal proceedings pending against it.
This content was summarized by generative artificial intelligence using public filings retrieved from SEC.gov. The original data was derived from the TIPMEFAST INC. quarterly 10-Q report dated November 14, 2024. To report an error, please email earnings@qz.com.