Wed, May 14, 6:01 PM (33 days ago)
**Fintraide Sherpa, Inc. (FSHP) Q1 2025 Financial Summary** **Company Overview:** Fintraide Sherpa, Inc. (FSHP), formerly Lode-Star Mining Inc., is developing an AI-powered financial research platform. The company is in the early stages of operations and has not yet generated revenue. **Financial Performance (Q1 2025 vs. Q1 2024):** - **Revenue:** $0 for both periods. - **Operating Expenses:** $153,112 (Q1 2025) vs. $8,874 (Q1 2024), a 1625% increase. - Notable increases in professional fees ($147,036 in Q1 2025 vs. $8,749 in Q1 2024) and consulting services ($980 in Q1 2025). - **Net Loss:** $153,112 (Q1 2025) vs. $8,874 (Q1 2024), a 1625% increase. - **Cash Flow:** - **Operating Activities:** Net cash used: $49,295 (Q1 2025) vs. $4,202 (Q1 2024). - **Financing Activities:** Net cash provided: $48,920 (Q1 2025) vs. $3,626 (Q1 2024). - **Net Increase (Decrease) in Cash:** ($375) (Q1 2025) vs. ($576) (Q1 2024). **Financial Position (March 31, 2025 vs. December 31, 2024):** - **Total Assets:** $800 (Q1 2025) vs. $1,175 (Q4 2024). - **Total Liabilities:** $152,769 (Q1 2025) vs. $169,677 (Q4 2024). - **Working Capital Deficiency:** ($151,969) (Q1 2025) vs. ($168,502) (Q4 2024). **Key Trends and Uncertainties:** - **Funding:** FSHP relies on debt and equity financing from related parties and private placements. - **Going Concern:** Substantial doubt exists about FSHP's ability to continue as a going concern without additional capital. - **Future Operations:** FSHP plans to develop and launch its AI-powered financial research platform, but success is uncertain. **Future Outlook:** FSHP aims to secure additional financing to sustain operations and develop its platform. However, there is no assurance that the company will be successful in raising funds or generating revenue. The company's future depends on its ability to execute its business plan and secure additional capital.