STARTECH LABS, INC. Management’s Discussion and Analysis of the Financial Position and Results of Operations (Form 10-Q)

FORWARD-LOOKING STATEMENTS
This quarterly report contains forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by words such as “may”, “should”, “expects”, “plans”, “plans”, “believes”, “believes”, “predicts”, “,“, Or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements or those of our industry to differ materially from the results. , activity levels, performance or future achievements expressed. or implied by these forward-looking statements. Although we believe that the expectations reflected in forward-looking statements are reasonable, we cannot guarantee future results, activity levels, performance or achievements. Unless required by applicable law, including securities laws of
Our unaudited financial statements are presented in
Unless otherwise indicated in this quarterly report, all dollar amounts are expressed in
As used in this quarterly report, the terms “we”, “our”, “our company” mean
Overview
We have been incorporated into the
At
Analog Nest has been integrated into
At
We have not declared bankruptcy, have not been involved in receivership or similar proceedings.
Our office is located at
Our Current Business
13 Table of Contents Results of Operations
The following summary of our operations should be read in conjunction with our unaudited financial statements for the six-month period ended.
Three months endingNovember 30, 2021 compared to three months endingNovember 30, 2020 : For the Three Months Ended November 30, November 30, 2021 2020 Change % Operating Expenses General and administrative expenses $ 450 $ 450 $ - 0 % Professional fees 6,750 3,750 3,000 80 % Other expense 7,368 14,139 (6,771 ) (48%) Net Loss$ (14,568 ) $ (18,339 ) $ 3,771 (21%) Net loss
Totalized net loss
Operating expense
During the three months ended
Other expense
Other charges for the three months ended
Six months endingNovember 30, 2021 compared to three months endingNovember 30, 2020 : For the Six Months Ended November 30, November 30, 2021 2020 Change % Operating Expenses General and administrative expenses $ 900 $ 900 $ - 0 % Professional fees 19,784 19,208 576 3 % Total Operating Expenses 20,684 20,108 576 3 % Other expense 14,816 36,536 (21,720 ) (59%) Net Loss$ (35,500 ) $ (56,644 ) $ 21,144 (37%) Net loss
Totalized net loss
Operating expense
During the six months ended
14 Table of Contents Other expense
Other expenses for the closed semester
Liquidity and capital resources
Working Capital November 30, May 31, 2021 2021 Change Current Assets $ - $ - $ - Current Liabilities$ 223,635 $ 188,135 $ 35,500 Working Capital Deficiency$ (223,635 ) $ (188,135 ) $ (35,500 )
The increase in the working capital deficit during the closed semester
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