Mag Magna Corp Financial Summary

Complete Filing Data

Mag Magna Corp reported Stockholders Equity of -$13.4 thousand for FY2023.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Mag Magna Corp did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023
Net Income *-$52.3K-$50.9K-$17.9K
Operating Expenses$102.2K$56.5K$17.9K
General And Administrative Expense$102.2K$56.5K$17.9K
Operating Income Loss-$52.3K-$50.9K
Revenues$49.9K$5.6K
Other Nonoperating Income Expense$2.00$22.00
Interest Expense$2.00$22.00
Other Cost Of Operating Revenue$26.2K
Gross Profit$5.6K
Cost Of Goods And Services Sold
Interest Expense Other
Income Loss From Continuing Operations
Consulting Services Revenue
API Requests Revenue
Nonoperating Income Expense$22.00$12.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2026Q4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q1 2024Q4 2023Q3 2023Q1 2023Q4 2022
Net Income *-$131.1K-$7.3K-$90.4K-$4.7K-$11.0K-$14.0K-$2.1K-$5.7K-$7.4K-$7.5K-$3.8K
Operating Expenses$131.1K$7.3K$90.4K$27.0K$27.1K$19.3K$6.3K$7.1K$7.4K$7.5K$3.8K
General And Administrative Expense$131.1K$7.3K$90.4K$27.0K$27.1K$19.3K$6.3K$7.1K$7.4K$7.5K$3.8K
Operating Income Loss-$131.1K-$7.3K-$90.4K-$4.7K-$11.0K-$14.0K-$2.1K-$5.7K-$7.4K$7.5K-$3.8K
Revenues$0.00$0.00$22.3K$16.0K$5.3K$4.2K$1.4K
Other Nonoperating Income Expense$0.00$0.00$0.00$0.00$2.00$6.00$5.00$5.00$3.00
Interest Expense$2.00$6.00$5.00$5.00$3.00
Other Cost Of Operating Revenue$12.3K$6.7K$893.00
Gross Profit$4.2K$1.4K
Cost Of Goods And Services Sold$9.3K$4.4K$1.4K
Interest Expense Other$6.00$3.00
Income Loss From Continuing Operations$5.7K-$3.8K
Consulting Services Revenue$0.00$9.3K
API Requests Revenue$0.00$6.7K
Nonoperating Income Expense

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022
Stockholders Equity *-$31.0K-$13.4K$4.5K
Retained Earnings Accumulated Deficit-$68.8K-$17.9K
Other Assets$13.2K$8.2K
Liabilities Current$117.8K$30.6K
Liabilities And Stockholders Equity$86.8K$17.2K
Liabilities$117.8K$30.6K
Intangible Assets Net Excluding Goodwill$13.2K$8.2K
Common Stock Value$5.8K$4.5K
Assets Current$73.6K$9.0K
Assets$86.8K$17.2K
Accounts Payable Current$12.4K
Loans Payable Current$105.4K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
Additional Paid In Capital Common Stock$31.9K
Repayments Of Related Party Debt$51.6K$12.00
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
Deferred Income
Cash And Cash Equivalents At Carrying Value
Retained Earnings Appropriated
Loan Payable Related Party Current
Deferred Income Current$5.3K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
Related Party Deposit Liabilities$105.4K$30.6K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022
Stockholders Equity *$1.4M-$44.0K-$36.7K-$83.3K-$60.8K-$56.1K-$45.1K-$31.0K-$8.8K-$26.5K-$20.8K-$13.4K-$9.9K-$2.4K$1.4K
Retained Earnings Accumulated Deficit-$349.9K-$218.7K-$211.4K-$121.0K-$98.5K-$93.8K-$82.8K$15.2K-$13.1K
Other Assets$1.9M$103.7K$111.0K$118.3K$67.9K$72.4K$76.9K$26.3K$15.6K
Liabilities Current$501.5K$157.1K$157.1K$227.6K$148.8K$170.8K$123.5K$46.7K$46.6K
Liabilities And Stockholders Equity$1.9M$113.1K$120.4K$144.3K$88.1K$114.7K$78.4K$37.8K$20.1K
Liabilities$501.5K$157.1K$157.1K$227.6K$148.8K$170.8K$123.5K$46.7K$46.6K
Intangible Assets Net Excluding Goodwill$0.00$103.7K$111.0K$118.3K$67.9K$72.4K$76.9K$17.8K$15.6K
Common Stock Value$7.8K$5.8K$5.8K$5.8K$5.8K$5.8K$5.8K$5.3K$4.5K
Assets Current$26.4K$9.3K$9.3K$26.0K$20.2K$42.3K$1.5K$11.5K$4.00
Assets$1.9M$113.1K$120.4K$144.3K$88.1K$114.7K$78.4K$37.8K$20.1K
Accounts Payable Current$5.7K$5.7K$396.00$396.00$698.00$12.1K$12.2K
Loans Payable Current$92.5K$221.9K$136.6K$139.3K$105.9K$46.7K$35.1K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$26.4K$0.00$0.00$0.00$8.1K$0.00$4.5K$4.5K$4.5K$4.5K
Additional Paid In Capital Common Stock$168.9K$31.9K$31.9K$31.9K$31.9K$19.0K
Repayments Of Related Party Debt$10.6K$5.00
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect$7.1K
Deferred Income$0.00$0.00$5.3K$5.3K
Cash And Cash Equivalents At Carrying Value$8.1K$11.5K$4.5K$4.5K
Retained Earnings Appropriated$17.9K-$17.9K-$1.00
Loan Payable Related Party Current$195.9K$151.4K$221.9K
Deferred Income Current$11.5K$19.4K$5.4K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations$8.1K$11.5K$4.5K$4.5K
Related Party Deposit Liabilities

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023
Net Cash Provided By Used In Financing Activities$116.6K$108.0K$35.1K
Increase Decrease In Prepaid Expense-$18.5K-$73.6K-$9.0K
Net Cash Provided By Used In Operating Activities-$61.6K-$108.0K-$28.7K
Proceeds From Related Party Debt$170.7K$126.3K
Increase Decrease In Accounts Payable-$12.1K$12.4K-$3.0K
Net Cash Provided By Used In Investing Activities-$55.0K-$6.5K
Proceeds From Customers$23.7K$5.6K
Increase Decrease In Deferred Revenue$5.3K
Proceeds From Sale Of Intangible Assets
Proceeds From Repayments Of Debt$54.1K$51.6K
Proceeds From Issuance Of Common Stock$33.2K
Proceeds From Other Short Term Debt$126.3K$35.1K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q1 2025Q3 2024Q1 2024Q3 2023
Net Cash Provided By Used In Financing Activities$66.5K$562.00$19.8K$6.6K
Increase Decrease In Prepaid Expense$16.6K$6.0K$8.5K
Net Cash Provided By Used In Operating Activities-$66.5K-$562.00-$9.1K-$6.6K
Proceeds From Related Party Debt$73.3K$11.2K$50.00$6.6K
Increase Decrease In Accounts Payable-$223.00
Net Cash Provided By Used In Investing Activities-$3.6K
Proceeds From Customers$10.0K$4.4K$4.2K
Increase Decrease In Deferred Revenue$5.4K
Proceeds From Sale Of Intangible Assets$3.6K
Proceeds From Repayments Of Debt$6.8K$10.6K
Proceeds From Issuance Of Common Stock$19.7K
Proceeds From Other Short Term Debt

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022
Earnings Per Share Basic$-0.01$-0.01
Weighted Average Number Of Diluted Shares Outstanding5.8M4.9M4.5M
Shares Outstanding4.5M4.5M
Common Stock Shares Outstanding5.8M4.5M
Common Stock Shares Issued5.8M4.5M
Common Stock Shares Authorized75.0M75.0M
Common Stock Par Or Stated Value Per Share$0.00$0.00
Weighted Average Number Of Shares Outstanding Basic
Shares Issued
Earnings Per Share Diluted$-0.01$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q4 2002
Earnings Per Share Basic$-0.02$0.00$-0.02$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Weighted Average Number Of Diluted Shares Outstanding6.1M5.8M5.8M5.8M5.8M5.8M5.3M4.5M4.5M4.5M
Shares Outstanding5.8M5.8M5.8M5.8M5.8M5.8M4.5M4.5M4.5M4.5M
Common Stock Shares Outstanding7.8M5.8M5.8M5.8M5.8M5.8M5.8M5.3M4.5M
Common Stock Shares Issued7.8M5.8M5.8M5.8M5.8M5.8M5.8M5.3M4.5M
Common Stock Shares Authorized500.0M75.0M75.0M500.0M75.0M75.0M75.0M75.0M75.0M
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Weighted Average Number Of Shares Outstanding Basic6.1M5.8M5.8M5.8M4.5M4.5M
Shares Issued5.3M4.5M4.5M4.5M4.5M4.5M4.5M
Earnings Per Share Diluted$-0.02$0.00$0.00$0.00

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023
Prepaid Expense Current$73.6K$9.0K
Depreciation And Amortization$16.0K$4.0K$1.2K
Interest Income Other
Additional Paid In Capital$31.9K
Stock Issued During Period Value New Issues$33.2K
Stock Issued During Period Shares New Issues1.3M
Warrants And Rights Outstanding
Prepaid Expense Noncurrent

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q1 2024Q4 2023Q3 2023Q2 2023Q4 2022
Prepaid Expense Current$0.00$9.3K$9.3K$26.0K$20.2K$27.8K$1.5K
Depreciation And Amortization$7.3K$2.3K$1.4K$784.00
Interest Income Other$0.00$0.00$0.00$0.00$2.00$6.00$3.00
Additional Paid In Capital$1.8M$168.9K$31.9K
Stock Issued During Period Value New Issues$19.7K
Stock Issued During Period Shares New Issues
Warrants And Rights Outstanding$26.5K$13.4K
Prepaid Expense Noncurrent$8.5K$9.0K

Most recent annual filing with the SEC: July 23, 2025

Data sourced from SEC EDGAR public filings as of August 5, 2026.