Totaligent, Inc. Files 2023 10-K

TL;DR

Totaligent filed its 2023 10-K. Financials and biz ops detailed.

AI Summary

Totaligent, Inc. filed its 2023 10-K on October 29, 2024, reporting on its fiscal year ending December 31, 2023. The company, formerly known as ALLTEMP, INC., SOURCE FINANCIAL, INC., and WIKI GROUP, INC., operates in the short-term business credit institutions sector. The filing details financial information and operational aspects for the period.

Why It Matters

This filing provides investors and stakeholders with a comprehensive overview of Totaligent, Inc.'s financial performance and business operations for the fiscal year 2023, enabling informed decision-making.

Risk Assessment

Risk Level: low — The provided text is a standard 10-K filing header and does not contain specific financial performance data or forward-looking statements that would indicate a high-risk level.

Key Numbers

• 0.01 — Fiscal Year (Indicates the fiscal year being reported on.)
• 10000000 — Amount (Potentially related to financial figures, but context is limited.)
• 615000 — Amount (Potentially related to financial figures, but context is limited.)
• 603750 — Amount (Potentially related to financial figures, but context is limited.)
• 0.001 — Ratio/Percentage (Likely a financial ratio or percentage, context is limited.)
• 500000000 — Amount (Potentially related to financial figures, but context is limited.)

Key Players & Entities

• Totaligent, Inc. (company) — Filer
• 2023-12-31 (date) — Fiscal Year End
• 2024-10-29 (date) — Filing Date
• ALLTEMP, INC. (company) — Former Company Name
• SOURCE FINANCIAL, INC. (company) — Former Company Name
• WIKI GROUP, INC. (company) — Former Company Name
• BOCA RATON, FL (location) — Business Address

FAQ

Key Financial Figures

• $645.8 billion — dvertising market is projected to reach $645.8 billion by 2024, growing at a CAGR of 10.7% fro
• $42 — r strong ROI, with an average return of $42 for every $1 spent. Totaligent's integr
• $1 — with an average return of $42 for every $1 spent. Totaligent's integration with kn
• $5.5 billion — rketing market is expected to grow from $5.5 billion in 2021 to $24.9 billion by 2028, refle
• $24.9 billion — ed to grow from $5.5 billion in 2021 to $24.9 billion by 2028, reflecting a CAGR of 24.8%. To

Filing Documents

• totaligent_10k.htm (10-K) — 1004KB
• totaligent_ex32.htm (EX-3.2) — 34KB
• totaligent_ex33.htm (EX-3.3) — 2KB
• totaligent_ex34.htm (EX-3.4) — 12KB
• totaligent_ex35.htm (EX-3.5) — 50KB
• totaligent_ex101.htm (EX-10.1) — 59KB
• totaligent_ex1012.htm (EX-10.12) — 156KB
• totaligent_ex102.htm (EX-10.2) — 57KB
• totaligent_ex311.htm (EX-31.1) — 10KB
• totaligent_ex312.htm (EX-31.2) — 10KB
• totaligent_ex321.htm (EX-32.1) — 4KB
• totaligent_ex322.htm (EX-32.2) — 4KB
• totaligent_ex1img2.jpg (GRAPHIC) — 29KB
• totaligent_10kimg4.jpg (GRAPHIC) — 3KB
• totaligent_10kimg3.jpg (GRAPHIC) — 6KB
• totaligent_ex1img3.jpg (GRAPHIC) — 158KB
• totaligent_ex1img1.jpg (GRAPHIC) — 170KB
• 0001477932-24-006707.txt ( ) — 4904KB
• ltmp-20231231.xsd (EX-101.SCH) — 39KB
• ltmp-20231231_lab.xml (EX-101.LAB) — 213KB
• ltmp-20231231_cal.xml (EX-101.CAL) — 41KB
• ltmp-20231231_pre.xml (EX-101.PRE) — 189KB
• ltmp-20231231_def.xml (EX-101.DEF) — 95KB
• totaligent_10k_htm.xml (XML) — 466KB

Selected Financial Data

Selected Financial Data. 23 Item 7.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations. 23 Item 8.

Financial Statements and Supplementary Data

Financial Statements and Supplementary Data. 31 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure. 32 Item 9A.

Controls and Procedures

Controls and Procedures. 32 Item 9B. Other Information. 33 Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections 33 PART III. Item 10. Directors, Executive Officers and Corporate Governance. 34 Item 11.

Executive Compensation

Executive Compensation. 36 Item 12.

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters. 37 Item 13. Certain Relationships and Related Transactions, and Director Independence. 38 Item 14. Principal Accounting Fees and Services. 39 PART IV. Item 15. Exhibits, Financial Statement Schedules. 40 Item 16. Form 10K Summary. 40 2 Table of Contents CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Annual Report on Form 10-K (this "Report") contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Any statements about our expectations, beliefs, plans, predictions, forecasts, objectives, assumptions, or future events or performance are not historical facts and may be forward-looking. These statements are often, but not always, made through the use of words or phrases such as "anticipate," "believes," "can," "could," "may," "predicts," "potential," "should," "will," "estimate," "plans," "projects," "continuing," "ongoing," "expects," "intends," and similar words or phrases. Accordingly, these statements are only predictions and involve estimates, known and unknown risks, assumptions, and uncertainties that could cause actual results to differ materially from those expressed in them. Our actual results could differ materially from those anticipated in such forward-looking statements as a result of several factors more fully described in Item 1A of this Report under the caption "Risk Factors" and elsewhere in this Report, including the exhibits hereto. All forward-looking statements are necessarily only estimates of future results, and actual results may differ materially from expectations. The inclusion of this forward-looking information should not be regarded as a representation by us or any other person that the future plans, estimates, or expectations contemplat

Business

Item 1. Business Totaligent, Inc. ("Totaligent" or the "Company") is a technology company, with its headquarters located in Boca Raton, Florida deploying an 8-member remote work team, that provides person-based digital marketing for companies and individuals to use and unlock owned and acquired data to efficiently market their products, services, and brands. Totaligent aims to launch a public version of its integrated digital marketing platform in the fourth quarter of 2024 that will democratize the use of first-, second-, and third-party data. Corporate History Totaligent, Inc. (the "Company"), formerly known as Alltemp, Inc., was incorporated on June 24, 1988 under the laws of the State of Delaware under the name Windsor Capital Corp. In February 2008, we became an internet person-to-person lending service as a result of our acquisition from Spider Investments, LLC, of all right, title and interest in and to www.swapadebt.com , a person-to-person lending website, in consideration for shares of our common stock. On February 10, 2012, pursuant to an Agreement and Plan of Merger, we acquired all of the outstanding equity of WikiPay, Inc., in exchange for shares of our Series A Preferred Stock convertible into sixty percent (60%) of our then outstanding shares of common stock on a fully diluted basis. On December 31, 2013, the Company acquired all of the outstanding shares of Moneytech Limited, an Australian company ("Moneytech") pursuant to a Share Exchange Agreement dated May 30, 2013 (the "Share Exchange"). As a result of the Share Exchange, Moneytech became a wholly-owned subsidiary of our company, with the Moneytech shareholders owning in excess of 50% of our outstanding shares on a fully diluted basis. In connection with the Share Exchange, our two principal stockholders prior to consummation of the share exchange deposited in escrow an aggregate of 2,240,000 shares of our common stock, and we deposited in escrow all outstanding shares of the common st

View Full Filing

View this 10-K filing on SEC EDGAR