XTREME FIGHTING CHAMPIONSHIPS, INC.XFCI
| Dec 31,
2011 | Dec 31,
2012 | Dec 31,
2016 | Dec 31,
2018 | Dec 31,
2019 | Dec 31,
2020 | Dec 31,
2021 |
|---|
| NET LOSS | -42,233 | -104,697 | -8,924 | -9,101 | -20,453,195 | -14,115,626 | -2,473,459 |
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| Depreciation and amortization | - | - | - | - | - | 1 | 2 |
|---|
| Amortization of debt discount | - | - | - | - | - | 86,618 | - |
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| Stock based compensation | - | - | - | - | - | 12 | - |
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| Gain on debt forgiveness | - | - | - | - | 150,197 | - | - |
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| Increase in accounts payable and accrued liabilities | 280 | -280 | 8,924 | 9,101 | 37,772 | 35,290 | - |
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| Unearned revenues | - | - | - | - | - | 123,900 | - |
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| Net cash used in operating activities | -43,457 | -104,977 | - | - | - | -714,770 | -567,073 |
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| Purchase of property and equipment | - | - | - | - | - | 13,999 | - |
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| Due from related party | - | - | - | - | - | 65,000 | - |
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| Net cash used in investing activities | -20,000 | -5,572 | - | - | - | -78,999 | - |
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| Proceeds from issuance of stock | 222,000 | 222,000 | - | - | - | 156,818 | - |
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| Proceeds from notes payable | - | - | - | - | - | 650,000 | 500,000 |
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| Net Cash Provided by Financing Activities | 532,000 | 532,000 | - | - | - | 806,818 | 500,000 |
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| Net (Decrease) Increase in Cash | - | - | - | - | - | - | 10,070 |
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| Interest | 440 | 440 | - | - | - | - | - |
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| Related party debt forgiveness | - | - | - | - | - | 100,000 | - |
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| Acquisition of intangible assets with common stock | - | - | - | - | - | 13 | - |
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| Commitment shares issued for convertible notes | - | - | - | - | - | 136,500 | - |
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| Conversion of common shares to preferred shares | - | - | - | - | - | 170,000 | - |
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