Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Income Statements (Unaudited)

v3.24.2.u1
Condensed Consolidated Income Statements (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue        
Total revenue $ (291) $ (291)
Cost of sales
Gross profit (291) (291)
Selling, general and administrative expenses 212,027 118,496 483,290 289,937
Operating income (loss) (212,027) (118,787) (483,290) (290,228)
Other income and (expense)        
Loss on investments (250,208) (224) (250,208) (224)
Interest income 49,409 10,174 96,509 16,834
Unrealized gain (loss) on investments (8,850) 22,637
Interest expense (6,254) (9,051)
Gain on asset disposal
Other income (expense) 1,291 1,291
Total other income and (expense) (209,649) 4,987 (131,062) 8,850
Income (loss) before provision for income taxes (421,676) (113,800) (614,352) (281,378)
Provision for income taxes (15,329) (8,160)
Net income (loss) – from continued operations (421,676) (113,800) (629,681) (289,538)
Net Income (loss) from discontinued operations before tax (37,972) 202,039
Provision for income taxes on discontinued operations
Net income (loss) - from discontinued operations (37,972) 202,039
Net income (loss) (421,676) (151,772) (629,681) (87,499)
Gain (loss) attributable to non-controlling interest (22,526) 91,159
Net income (loss) attributable to Mentor $ (421,676) $ (129,246) $ (629,681) $ (178,658)
Basic and diluted net income (loss) per Mentor common share:        
Basic $ (0.017) $ (0.006) $ (0.026) $ (0.008)
Diluted $ (0.017) $ (0.006) $ (0.026) $ (0.008)
Weighted average number of shares of Mentor common stock outstanding:        
Basic 24,335,719 22,941,357 24,485,884 22,941,357
Diluted 24,335,719 22,941,357 24,485,884 22,941,357
Service [Member]        
Revenue        
Total revenue $ (291) $ (291)