Leet Technology Inc.LTES

Market cap
$7.55M
P/E ratio
Dec 31,
2013
Dec 31,
2014
Dec 31,
2015
Dec 31,
2016
Dec 31,
2017
Dec 31,
2018
Dec 31,
2019
Dec 31,
2020
Dec 31,
2021
Dec 31,
2022
NET LOSS---505,442-------2,652,929
Depreciation on plant and equipment----338,044----31,721
Amortization on intangible assets--------179,703-
Right of use amortization--------5,0674,817
Impairment loss on intangible assets--------362,815-
Stock based compensation--------3-
Changes in fair value of derivative liability---------1,575
Amortization of debt discount---------1,200
Non-cash financing cost---------1,409
Common stock cancellation---------300,000
Loss on settlement with related parties---------471,860
Accounts receivable---1,59149,650-22,325-23,56115,49387,003-249113,061
Deposits and other receivables--------22,702-12,027
Accounts payable--10,36717,8836,552-39,695150573,193-9,139
Accrued liabilities and other payables---------329,020
Accrued compensation payable to officers and directors---------66,810
Contract liability----22,047-92,216-92,162--271,187
Operating lease liabilities--------42-5,162-4,779
Net cash used in operating activities-700-188,187-371,990-431,021-384,641-1,112,658-334,072-209,895-1,686,227-1,873,154
Cash from acquisition of subsidiary---------8,448
Disposal of cash from subsidiaries---------11,012
Purchase of plant and equipment-2,400-376,148884,820--3,113169,0049,376
Net cash used in investing activities--2,400-63,648-376,148-634,820---543,012-172,771-11,940
Proceeds from a director--------9,2861,464
Proceeds from issuance of convertible note--65,000-5,00020,000---100,000
Proceeds from related parties-160,000--250,400649,127456,900752,18822
Net cash provided by financing activities2,700461,279172,049914,375935,0261424,611752,18822
Effect of exchange rate on changes in cash--------25,7945,840
Net increase/(decrease) in cash------31,09990,539-3,541-15,79313,616
Cash paid for tax-800--800-----
Cash paid for interest----134,105291,135417---
Issuance of Series B Convertible Preferred Stock in exchange of balances due to related parties---------5
Non-cash purchase of intangible assets--------539,899-