Natural Resource Holdings, Inc. Files Q2 2025 10-Q
Ticker: NRHI · Form: 10-Q · Filed: Dec 11, 2024 · CIK: 1680689
Sentiment: neutral
Topics: 10-Q, financials, debt
TL;DR
NRHI filed its Q2 2025 10-Q. Financials and debt details inside.
AI Summary
Natural Resource Holdings, Inc. filed a 10-Q for the period ending October 31, 2024. The company, formerly known as Boxxy Inc., reported financial results for its second fiscal quarter of 2025. Key financial figures and debt information are detailed within the filing.
Why It Matters
This filing provides investors with an update on the financial performance and position of Natural Resource Holdings, Inc. for the second quarter of fiscal year 2025.
Risk Assessment
Risk Level: low — This is a routine quarterly filing providing standard financial disclosures.
Key Numbers
- 75,000,000 — Total Assets (Reported as of the end of the fiscal year.)
- 5,709,891 — Total Liabilities (Reported as of the end of the fiscal year.)
- 5,709,891 — Long-Term Debt Current Portion (Reported as of October 31, 2024.)
Key Players & Entities
- Natural Resource Holdings, Inc. (company) — Filer of the 10-Q
- Boxxy Inc. (company) — Former name of Natural Resource Holdings, Inc.
- 2024-10-31 (date) — End of the reporting period
- 2025-10-31 (date) — Fiscal year end
FAQ
What is the total revenue for the reported period?
The provided text does not explicitly state the total revenue for the period ending October 31, 2024.
What was the net income or loss for the quarter?
The filing excerpt does not contain information on net income or loss.
What is the company's cash position as of October 31, 2024?
Specific cash balance information is not detailed in the provided text.
What are the significant changes in long-term debt compared to the previous period?
The filing mentions 'LongTermDebtCurrentPortion' for multiple periods, but a direct comparison of changes is not explicitly stated in this excerpt.
Who are the current directors or members mentioned in relation to the company?
The filing mentions 'srt:DirectorMember' with dates July 31, 2024, and June 1, 2023, but does not provide names.
Filing Stats: 4,610 words · 18 min read · ~15 pages · Grade level 16.1 · Accepted 2024-12-10 21:25:54
Key Financial Figures
- $981 — October 31, 2024, the amortization was $981. As of October 31, 2024 and April 30, 2
Filing Documents
- boxxy_10q.htm (10-Q) — 472KB
- boxxy_ex311.htm (EX-31.1) — 10KB
- boxxy_ex321.htm (EX-32.1) — 4KB
- 0001640334-24-001856.txt ( ) — 2369KB
- boxxy-20241031.xsd (EX-101.SCH) — 29KB
- boxxy-20241031_lab.xml (EX-101.LAB) — 147KB
- boxxy-20241031_cal.xml (EX-101.CAL) — 25KB
- boxxy-20241031_pre.xml (EX-101.PRE) — 122KB
- boxxy-20241031_def.xml (EX-101.DEF) — 62KB
- boxxy_10q_htm.xml (XML) — 271KB
- FINANCIAL INFORMATION
PART I - FINANCIAL INFORMATION Item 1. Unaudited Condensed Financial Statements 3 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 15 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 18 Item 4.
Controls and Procedures
Controls and Procedures 18
- OTHER INFORMATION
PART II - OTHER INFORMATION Item 1.
Legal Proceedings
Legal Proceedings 19 Item 1A.
Risk Factors
Risk Factors 19 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 19 Item 3. Defaults Upon Senior Securities 19 Item 4. Mine Safety Disclosures 19 Item 5. Other Information 19 Item 6. Exhibits 20
SIGNATURES
SIGNATURES 21 2 Table of Contents
- FINANCIAL INFORMATION
PART I - FINANCIAL INFORMATION
Financial Statements
Item 1. Financial Statements NATURAL RESOURCE HOLDINGS, INC. BALANCE SHEETS October 31, 2024 April 30, 2024 (Unaudited) (Audited) ASSETS Current Assets Total Current Assets $ - $ - Non-current Assets Mining property rights, net 37,766 38,747 TOTAL ASSETS $ 37,766 $ 38,747 LIABILITIES AND STOCKHOLDERS' DEFICIT Current Liabilities Accounts payable and accrued liabilities $ 24,237 $ 30,427 Accrued interest 13,799 12,170 Loan payable 6,973 6,973 Income tax interest and penalty payable 125,000 125,000 Total Current Liabilities 170,009 174,570 Non-current Liabilities Convertible note payable, net of note discount of $ 3,986 and $ 5,708 , respectively 147,853 124,859 TOTAL LIABILITIES 317,862 299,429 Stockholders' Deficit Common stock, par value $ 0.001 ; 75,000,000 shares authorized, 5,709,891 shares issued and outstanding 5,710 5,710 Additional paid-in capital 2,196,090 2,196,090 Accumulated deficit ( 2,481,896 ) ( 2,462,482 ) Total Stockholders' Deficit ( 280,096 ) ( 260,682 ) TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 37,766 $ 38,747 The accompanying notes are an integral part of these unaudited condensed financial statements. 3 Table of Contents NATURAL RESOURCE HOLDINGS, INC. (Unaudited) Three Months Ended Six Months Ended October 31, October 31, 2024 2023 2024 2023 OPERATING EXPENSES General and administrative expenses $ 8,044 $ 7,752 $ 15,082 $ 15,890 Management salaries - - - 2,000,000 Amortization on mining property rights 491 - 981 - Total Operating Expenses 8,535 7,752 16,063 2,015,890 Loss from operations ( 8,535 ) ( 7,752 ) ( 16,063 ) ( 2,015,890 ) OTHER EXPENSES Interest expense ( 1,717 ) ( 1,725 ) ( 3,351 ) ( 3,843 ) Other expenses, net ( 1,717 ) ( 1,725 ) ( 3,351 ) ( 3,843 ) Loss before income taxes ( 10,252 ) ( 9,477 ) ( 19,414