BlackStar Enterprise Group, Inc. (BEGI) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
4450 ARAPAHOE AVE., SUITE 100 BOULDER, CO 80303 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6199 - Finance Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 6/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 33,550 | 62,085 | 518,539 | 32,987 | 33,251 | 6,319 | |||
| Cash and cash equivalents | 33,550 | 62,085 | 518,539 | 32,987 | 33,251 | 6,319 | |||
| Prepaid expense | 5,000 | 51,224 | 10,557 | ||||||
| Total current assets: | 33,550 | 62,085 | 523,539 | 84,211 | 43,808 | 6,319 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 10,000 | 300 | |||||||
| Intangible assets, net (including goodwill) | 348,652 | 241,685 | 159,800 | ||||||
| Intangible assets, net (excluding goodwill) | 348,652 | 241,685 | 159,800 | ||||||
| Total noncurrent assets: | 348,652 | 241,685 | 159,800 | 10,000 | 300 | ||||
| TOTAL ASSETS: | 382,202 | 303,770 | 683,339 | 94,211 | 43,808 | 6,619 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 605,021 | 248,441 | 117,784 | 34,397 | 61,028 | 17,217 | |||
| Accounts payable | 358,001 | 97,750 | 43,042 | 29,880 | 57,392 | 16,834 | |||
| Accrued liabilities | 247,020 | 150,691 | 74,742 | 4,517 | 3,636 | 383 | |||
| Debt | 909,079 | 784,939 | 689,169 | 25,885 | 145,208 | 53,000 | |||
| Due to related parties | ✕ | ✕ | 18,780 | 41,850 | 12,882 | ||||
| Other undisclosed current liabilities | 50,000 | 30,000 | 18,500 | ||||||
| Total current liabilities: | 1,514,100 | 1,033,380 | 806,953 | 129,062 | 278,086 | 101,599 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 75,000 | ||||||||
| Long-term debt, excluding current maturities | 75,000 | ||||||||
| Total noncurrent liabilities: | 75,000 | ||||||||
| Total liabilities: | 1,589,100 | 1,033,380 | 806,953 | 129,062 | 278,086 | 101,599 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (1,206,898) | (729,610) | (123,614) | (34,851) | (234,278) | (94,980) | |||
| Preferred stock | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |||
| Common stock | 1,544,696 | 546,495 | 128,689 | 101,063 | 48,003 | 52,000 | |||
| Additional paid in capital | 7,666,156 | 8,097,862 | 7,896,457 | 5,829,279 | 2,315,655 | 1,890,353 | |||
| Accumulated deficit | (10,421,950) | (9,374,967) | (8,149,760) | (5,966,193) | (4,400,602) | (3,521,333) | |||
| Other additional capital | 1,562,593 | 1,430,000 | |||||||
| Other undisclosed equity, attributable to parent | 3,200 | 239,073 | 53,000 | ||||||
| Total equity: | (1,206,898) | (729,610) | (123,614) | (34,851) | (234,278) | (94,980) | |||
| TOTAL LIABILITIES AND EQUITY: | 382,202 | 303,770 | 683,339 | 94,211 | 43,808 | 6,619 | |||
Income Statement (P&L) (USD)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Gross profit: | (300) | (145,553) | ||||||
| Operating expenses | (616,824) | (484,028) | (907,463) | (231,182) | (380,630) | (212,444) | ||
| Other undisclosed operating income | ||||||||
| Operating loss: | (616,824) | (1,225,207) | (907,463) | (231,182) | (380,930) | (357,997) | ||
| Nonoperating expense | (430,159) | (1,276,104) | (1,334,409) | (498,339) | (53,383) | |||
| Investment income, nonoperating | (496,157) | |||||||
| Debt instrument, convertible, beneficial conversion feature | 287,275 | |||||||
| Interest and debt expense | (74,499) | (482,348) | (998,373) | (218,318) | (187,573) | |||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | ||||||||
| Loss from continuing operations before equity method investments, income taxes: | (1,121,482) | (1,707,555) | (3,181,940) | (1,783,909) | (1,066,842) | (411,380) | ||
| Other undisclosed income from continuing operations before income taxes | 5,365,507 | 218,318 | 187,573 | |||||
| Income (loss) from continuing operations: | (1,121,482) | (1,707,555) | 2,183,567 | (1,565,591) | (879,269) | (411,380) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 2,183,567 | (1,565,591) | (879,269) | (411,380) | |
| Net income (loss): | (1,121,482) | (1,707,555) | 2,183,567 | (1,565,591) | (879,269) | (411,380) | ||
| Other undisclosed net income (loss) attributable to parent | 74,499 | 482,348 | (4,367,134) | |||||
| Net loss available to common stockholders, diluted: | (1,046,983) | (1,225,207) | (2,183,567) | (1,565,591) | (879,269) | (411,380) | ||
Comprehensive Income (USD)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,121,482) | (1,707,555) | 2,183,567 | (1,565,591) | (879,269) | (411,380) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,121,482) | (1,707,555) | 2,183,567 | (1,565,591) | (879,269) | (411,380) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.