Polomar Health Services Files Q3 2024 10-Q

TL;DR

Polomar Health Services filed its Q3 10-Q. Financials are in. Check it out.

AI Summary

Polomar Health Services, Inc. filed its 10-Q for the period ending September 30, 2024. The filing details financial information for the third quarter and the first nine months of the year, including balance sheet data and statements of operations. The company, formerly known as Trustfeed Corp. and HEALTHMED SERVICES LTD, is incorporated in Nevada and operates in the computer processing and data preparation sector.

Why It Matters

This filing provides investors with a quarterly update on Polomar Health Services' financial performance and position, crucial for assessing the company's health and future prospects.

Risk Assessment

Risk Level: medium — The filing is a standard quarterly report, but the company has undergone name changes, which can sometimes indicate restructuring or shifts in business focus.

Key Numbers

• 2024-09-30 — Reporting Period End Date (Indicates the end of the fiscal quarter for which financial data is reported.)
• 2024-11-19 — Filing Date (The date the 10-Q was officially submitted to the SEC.)

Key Players & Entities

• Polomar Health Services, Inc. (company) — Filer of the 10-Q
• Trustfeed Corp. (company) — Former name of Polomar Health Services, Inc.
• HEALTHMED SERVICES LTD (company) — Previous former name of Polomar Health Services, Inc.
• 20240930 (date) — End of the reporting period
• 20241119 (date) — Filing date

FAQ

Filing Documents

• form10-q.htm (10-Q) — 511KB
• ex2-3.htm (EX-2.3) — 21KB
• ex14-1.htm (EX-14.1) — 15KB
• ex31-1.htm (EX-31.1) — 17KB
• ex31-2.htm (EX-31.2) — 17KB
• ex32-1.htm (EX-32.1) — 7KB
• 0001493152-24-046803.txt ( ) — 2845KB
• trfe-20240930.xsd (EX-101.SCH) — 15KB
• trfe-20240930_cal.xml (EX-101.CAL) — 28KB
• trfe-20240930_def.xml (EX-101.DEF) — 84KB
• trfe-20240930_lab.xml (EX-101.LAB) — 214KB
• trfe-20240930_pre.xml (EX-101.PRE) — 177KB
• form10-q_htm.xml (XML) — 264KB

– FINANCIAL INFORMATION

PART I – FINANCIAL INFORMATION Item 1:

Financial Statements

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 4 Item 3:

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 8 Item 4:

Controls and Procedures

Controls and Procedures 8

– OTHER INFORMATION

PART II – OTHER INFORMATION Item 1:

Legal Proceedings

Legal Proceedings 9 Item 1A:

Risk Factors

Risk Factors 9 Item 2: Unregistered Sales of Equity Securities and Use of Proceeds 9 Item 3: Defaults Upon Senior Securities 9 Item 5: Other Information 9 Item 6: Exhibits 9 2 PART I - FINANCIAL INFORMATION Item 1. Financial Statements Our condensed unaudited financial statements included in this Form 10-Q are as follows: F-1 Balance Sheets as of September 30, 2024, and December 31, 2023 (audited). F-2 F-3 F-4 F-5 Notes to Condensed Unaudited Financial Statements These condensed unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United considered necessary for a fair presentation have been included. Operating results for the interim period ended September 30, 2024, are not necessarily indicative of the results that can be expected for the full year. 3 POLOMAR HEALTH SERVICES, INC. (formerly TRUSTFEED CORP.) BALANCE SHEETS September 30, 2024 (unaudited) December 31, 2023 ASSETS Current assets Cash $ 16,202 $ 8,808 Inventory 139,903 3,459 Total current assets 156,105 12,267 Property, plant and equipment at cost 41,458 - Leasehold improvements 49,435 - Accumulated Depreciations ( 3,163 ) - Net property and equipment 87,730 - Other assets Operating lease - right-of-use asset, net 57,469 81,665 Non-compete agreement, net - 4,167 Intellectual property 18,975,000 - Security deposit 9,000 9,000 Total other assets 19,041,469 94,832 Total assets $ 19

View Full Filing

View this 10-Q filing on SEC EDGAR