10-Q
Quarterly Report
Madison Technologies Inc.
CIK: 1318268
File #: 000-51302
Balance Sheet
30 line items · 2 periods
XBRL
| Item | Jun 30, 2023 | Dec 31, 2022 |
|---|---|---|
ASSETS | ||
CURRENT ASSETS | ||
Other Non-Operating Current Assets | — | 12,722 |
Other Non-Operating Current Assets | — | 11,726,332 |
Total Current Assets | — | 11,739,054 |
Long-Term Investments | — | 100 |
Total Assets | — | 11,739,154 |
LIABILITIES AND STOCKHOLDERS’ DEFICIT | ||
CURRENT LIABILITIES | ||
Accounts Payable | 1,041,114 | 741,399 |
Other Non-Operating Current Liabilities | 4,429,329 | 4,429,329 |
Short-Term Debt | 1,064,550 | 936,112 |
Short-Term Debt | 2,410,660 | 1,883,295 |
Other Non-Operating Current Liabilities | 4,207,500 | 3,300,000 |
Senior secured notes, net of discount | 15,427,659 | 14,599,240 |
Other Non-Operating Current Liabilities | — | 2,582,902 |
Total current liabilities | 28,580,812 | 28,472,277 |
Series D Preferred Stock | 155 | 155 |
Series E-1 Preferred Stock | 1,153 | 1,153 |
Series H Preferred Stock | 40 | 40 |
STOCKHOLDERS’ DEFICIT | ||
Capital Stock: | ||
Total Stockholders' Equity | 1,603,095 | 1,603,095 |
Total Stockholders' Equity | 10,549,165 | 10,549,265 |
Total Stockholders' Equity | (40,734,421) | (28,886,831) |
Total stockholders’ deficit | (28,582,160) | (16,734,471) |
Common Stock | 1,603,095 | 1,603,095 |
Additional Paid-in Capital | 10,549,165 | 10,549,265 |
Retained Earnings | (40,734,421) | (28,886,831) |
Total liabilities and stockholders’ deficit | — | 11,739,154 |