Eva Live Inc. Files Q1 2024 10-Q

TL;DR

Eva Live Inc. Q1 10-Q filed. Equity accounts updated.

AI Summary

Eva Live Inc. filed its 10-Q for the period ending March 31, 2024. The filing details the company's financial position and operations, including balance sheet information for common stock, additional paid-in capital, and retained earnings as of December 31, 2023, and March 31, 2024. It also covers the first quarter of 2024 and 2023 for these accounts.

Why It Matters

This 10-Q filing provides investors with an update on Eva Live Inc.'s financial health and equity structure as of the end of the first quarter of 2024.

Risk Assessment

Risk Level: low — This filing is a routine quarterly report and does not contain immediate, significant negative news.

Key Numbers

• Q1 2024 — Reporting Period (The first quarter of 2024, for which financial data is reported.)
• March 31, 2024 — Balance Sheet Date (The date as of which the company's financial position is reported.)
• December 31, 2023 — Prior Balance Sheet Date (The date of the previous balance sheet for comparison.)

Key Players & Entities

• Eva Live Inc. (company) — Filer of the 10-Q report
• 20240331 (date) — End of the reporting period
• 20240517 (date) — Filing date
• 0001983736 (company) — Central Index Key for Eva Live Inc.

FAQ

Key Financial Figures

• $0.0001 — ch registered Common Stock, par value $0.0001 GOAI OTC Markets Indicate by chec

Filing Documents

• form10-q.htm (10-Q) — 416KB
• ex31-1.htm (EX-31.1) — 18KB
• ex31-2.htm (EX-31.2) — 18KB
• ex32-1.htm (EX-32.1) — 8KB
• form10-q_001.jpg (GRAPHIC) — 2KB
• 0001493152-24-020383.txt ( ) — 2538KB
• goai-20240331.xsd (EX-101.SCH) — 23KB
• goai-20240331_cal.xml (EX-101.CAL) — 27KB
• goai-20240331_def.xml (EX-101.DEF) — 76KB
• goai-20240331_lab.xml (EX-101.LAB) — 175KB
• goai-20240331_pre.xml (EX-101.PRE) — 135KB
• form10-q_htm.xml (XML) — 281KB

From the Filing

UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period March 31, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission File No. 333-273162 REGISTRATION EVA LIVE INC. (Exact name of registrant as specified in its charter) Nevada 7370 88-2864075 Incorporation or Organization) (Primary (IRS Employer Identification Number) The Plaza , 1800 Century Park East , Suite 600 , Los Angeles , CA 90067 Tel: (310) 229-5981 (Address, including zip code, and telephone number, including area code, of registrant's principal executive offices) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.0001 GOAI OTC Markets Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See the definition of "accelerated filer" and "large accelerated filer" in Rule 12b-2 of the Exchange Act. (Check one): Large accelerated filer Accelerated reporting company Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to 240.10D-1(b). Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes No The number of shares of Common Stock, $0.0001 par value of the registrant outstanding on May 17, 2024, was 123,052,349 . EVA LIVE INC. Index to Consolidated Financial Statement Pages Consolidated Balance Sheet as of March 31, 2024 (Unaudited) and December 31, 2023 (Audited) F-2 Consolidated Statement of Operations for the three months ended March 31, 2024 (Unaudited), and March 31, 2023 (Unaudited) F-3 Consolidated Statement of Stockholders' Deficit for the three months ended March 31, 2024 (Unaudited), and March 31, 2023 (Unaudited) F-4 Consolidated Statement of Cash Flows for the three months ended March 31, 2024 (Unaudited) and March 31, 2023 (Unaudited) F-5 Notes to the Consolidated Financial Statement F-6 F-1 EVA LIVE, INC. CONSOLIDATED BALANCE SHEETS March 31, 2024 (Unaudited) December 31, 2023 (Audited) Assets: Current assets Cash $ 1,504,365 $ 472,509 Accounts receivable, net of allowance for doubtful accounts of $ 624,898 and $ 624,898 , respectively 653,494 1,594,918 Other assets 269 269 Total current assets $ 2,158,128 $ 2,067,696 Goodwill 2,010,606 2,010,606 Total assets $ 4,168,734 $ 4,078,302 Liabilities and stockholders' equity (deficit): Payroll liabilities related party 1,898,628 1,783,628 Accounts payable and accrued liabilities 130,500 108,622 Accounts payable related party - 86,587 Deferred revenue - 150,000 Total current liabilities $ 2,029,128 $ 2,128,837 Total liabilities $ 2,029,128 $ 2,128,837 Commitments and Contingencies (Note 9) - - Stockholders' equity: Common stock, par value $ 0.0001 , 300,000,000 shares authorized; 123,052,349 and 123,052,349 shares issued and outstanding, as of March 31, 2024, and December 31, 2023, respectively 12,306 12,306 Additional paid-in capital 26,113,250 26,113,250 Accumulated deficit ( 23,985,950 ) ( 24,176,091 ) Total stockholders' equity (deficit) $ 2,139,606 $ 1,949,465 Total liabilities and stockholders' deficit: $ 4,168,734

View Full Filing

View this 10-Q filing on SEC EDGAR