10-K Filing

AMERICAN BATTERY MATERIALS, INC. CIK: 1487718 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001213900-23-031453`
Period End Date	20221231
Filing Date	20230421
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	f10k2022_boxscore_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 30 Cash Flow Statement 54 Stockholders Equity 16

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$42.58K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$8.29K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$62.72K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	50,000.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.76K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.05K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	50,000.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$105.30K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Mineral claims	`MineralPropertiesNet`	$100.00K	USD	Point-in-time
Mineral claims	`MineralPropertiesNet`	$100.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	4.50B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	4.50B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	4.50B	shares	Point-in-time
Total assets	`Assets`	$205.30K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	335.78M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.25B	shares	Point-in-time
Total assets	`Assets`	$110.05K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.25B	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	335.78M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$303.25K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$438.67K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$348.22K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$482.88K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$2.10M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$190.90K	USD	Point-in-time
Senior convertible notes	`SeniorNotesCurrent`	-	USD	Point-in-time
Senior convertible notes	`SeniorNotesCurrent`	$95.80K	USD	Point-in-time
Promissory notes payable	`OtherNotesPayableCurrent`	$473.27K	USD	Point-in-time
Promissory notes payable	`OtherNotesPayableCurrent`	$357.01K	USD	Point-in-time
Convertible notes payable	`ConvertibleNotesPayableCurrent`	-	USD	Point-in-time
Convertible notes payable	`ConvertibleNotesPayableCurrent`	$4.66M	USD	Point-in-time
Current capital lease obligation	`CurrentCapitalLeaseObligation`	$36.25K	USD	Point-in-time
Current capital lease obligation	`CurrentCapitalLeaseObligation`	$36.25K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.03M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.51M	USD	Point-in-time
Convertible notes payable	`ConvertibleDebtNoncurrent`	$915.00K	USD	Point-in-time
Convertible notes payable	`ConvertibleDebtNoncurrent`	-	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesNoncurrent`	$211.34K	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesNoncurrent`	-	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesNoncurrent`	$3.08M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	-	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$1.13M	USD	Point-in-time
Total Liabilities	`Liabilities`	$9.15M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.51M	USD	Point-in-time
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, 50,000 and 0 shares issued and outstanding, respectively	`PreferredStockValue`	$5.00	USD	Point-in-time
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, 50,000 and 0 shares issued and outstanding, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value, 4,500,000,000 shares authorized, 3,245,556,528 and 335,778,778 shares issued and outstanding, respectively	`CommonStockValue`	$3.25M	USD	Point-in-time
Common stock, $0.001 par value, 4,500,000,000 shares authorized, 3,245,556,528 and 335,778,778 shares issued and outstanding, respectively	`CommonStockValue`	$335.78K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$6.99M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$13.31M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-16.37M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-17.85M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-1.30M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-9.04M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-11.77M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$205.30K	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$110.05K	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`GeneralAndAdministrativeExpense`	$393.38K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$1.14M	USD	Annual
Total operating expenses	`OperatingExpenses`	$393.38K	USD	Annual
Total operating expenses	`OperatingExpenses`	$1.14M	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-1.14M	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-393.38K	USD	Annual
Gain on change in fair value of derivative liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$2.87M	USD	Annual
Gain on change in fair value of derivative liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$211.34K	USD	Annual
Gain on settlement of liabilities	`GainsLossesOnExtinguishmentOfDebt`	$62.09K	USD	Annual
Gain on settlement of liabilities	`GainsLossesOnExtinguishmentOfDebt`	$32.02K	USD	Annual
Write-off of assets	`WriteoffOfAssets`	-	USD	Annual
Write-off of assets	`WriteoffOfAssets`	$-17.50K	USD	Annual
Interest expense	`InterestIncomeExpenseNet`	$-595.12K	USD	Annual
Interest expense	`InterestIncomeExpenseNet`	$-760.66K	USD	Annual
Total other expenses (income)	`NonoperatingIncomeExpense`	$-351.76K	USD	Annual
Total other expenses (income)	`NonoperatingIncomeExpense`	$2.16M	USD	Annual
Income (loss) from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.76M	USD	Annual
Income (loss) from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.49M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-1.49M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$1.76M	USD	Annual
Net income (loss) per share basic (in Dollars per share)	`EarningsPerShareBasic`	$0.01	USD	Annual
Net income (loss) per share basic (in Dollars per share)	`EarningsPerShareBasic`	-	USD	Annual
Net loss per share diluted (in Dollars per share)	`EarningsPerShareDiluted`	-	USD	Annual
Net loss per share diluted (in Dollars per share)	`EarningsPerShareDiluted`	-	USD	Annual
Weighted average common shares basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	335.78M	shares	Annual
Weighted average common shares basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	210.48M	shares	Annual
Weighted average common shares diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	374.39M	shares	Annual
Weighted average common shares diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	335.78M	shares	Annual

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-1.49M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$1.76M	USD	Annual
Stock based compensation	`ShareBasedCompensation`	$6.30K	USD	Annual
Stock based compensation	`ShareBasedCompensation`	$62.08K	USD	Annual
Gain on settlement of liabilities	`GainLossRelatedToLitigationSettlement`	$62.09K	USD	Annual
Gain on settlement of liabilities	`GainLossRelatedToLitigationSettlement`	$32.02K	USD	Annual
Gain on change in fair value of debt and warrant liabilities	`DerivativeGainLossOnDerivativeNet`	$2.87M	USD	Annual
Gain on change in fair value of debt and warrant liabilities	`DerivativeGainLossOnDerivativeNet`	$211.34K	USD	Annual
Write-off of assets	`WriteoffOfAssets`	-	USD	Annual
Write-off of assets	`WriteoffOfAssets`	$-17.50K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.00K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$60.95K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$38.92K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$373.10K	USD	Annual
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-714.38K	USD	Annual
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-445.28K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-910.71K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-392.44K	USD	Annual
Acquisition of mineral claims	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$100.00K	USD	Annual
Acquisition of mineral claims	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-100.00K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	$885.00K	USD	Annual
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	$590.00K	USD	Annual
Proceeds from promissory notes	`ProceedsFromNotesPayable`	-	USD	Annual
Proceeds from promissory notes	`ProceedsFromNotesPayable`	$250.00K	USD	Annual
Proceeds from issuance of preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$50.00K	USD	Annual
Proceeds from issuance of preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	Annual
Proceeds from warrant exercise	`ProceedsFromWarrantExercises`	$130.00K	USD	Annual
Proceeds from warrant exercise	`ProceedsFromWarrantExercises`	-	USD	Annual
Repayments of capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	-	USD	Annual
Repayments of capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$82.00K	USD	Annual
Repayments of convertible note	`RepaymentsOfConvertibleDebt`	$300.85K	USD	Annual
Repayments of convertible note	`RepaymentsOfConvertibleDebt`	$75.00K	USD	Annual
Repayments of promissory notes	`RepaymentsOfNotesPayable`	-	USD	Annual
Repayments of promissory notes	`RepaymentsOfNotesPayable`	$25.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$945.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$477.15K	USD	Annual
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$34.29K	USD	Annual
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-15.29K	USD	Annual
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.29K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.58K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$23.59K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.58K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$23.59K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.29K	USD	Point-in-time
Interest paid	`InterestPaidNet`	-	USD	Annual
Interest paid	`InterestPaidNet`	-	USD	Annual
Accounts payable and accrued payable exchanged for convertible note	`AccountsPayableAndAccruedExpensesExchangedForConvertibleNote`	$46.67K	USD	Annual
Accounts payable and accrued payable exchanged for convertible note	`AccountsPayableAndAccruedExpensesExchangedForConvertibleNote`	$94.60K	USD	Annual
Convertible notes converted to common stock	`NotesIssued1`	$6.63M	USD	Annual
Convertible notes converted to common stock	`NotesIssued1`	$589.15K	USD	Annual
Accrued interest converted to common stock	`DebtConversionConvertedInstrumentAmount1`	$2.36M	USD	Annual
Accrued interest converted to common stock	`DebtConversionConvertedInstrumentAmount1`	$372.80K	USD	Annual

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-1.30M	USD	Point-in-time
Balance	`StockholdersEquity`	$-9.04M	USD	Point-in-time
Balance	`StockholdersEquity`	$-11.77M	USD	Point-in-time
Preferred stock issued for cash	`StockIssuedDuringPeriodValueNewIssues`	$50.00K	USD	Annual
Shares issued for warrant exercise	`StockIssuedDuringPeriodValueStockOptionsExercised`	$130.00K	USD	Annual
Shares issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$51.00K	USD	Annual
Shares issued for services (in Shares)	`StockIssuedDuringPeriodSharesOther`	15.00M	shares	Point-in-time
Shares issued for note conversion	`StockIssuedDuringPeriodValueConversionOfUnits`	$8.99M	USD	Annual
Shares issued for note conversion	`StockIssuedDuringPeriodValueConversionOfUnits`	$961.95K	USD	Annual
Fair value of warrants	`FairValueOfWarrants`	$6.30K	USD	Annual
Fair value of warrants	`FairValueOfWarrants`	$11.08K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-1.49M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$1.76M	USD	Annual
Balance	`StockholdersEquity`	$-1.30M	USD	Point-in-time
Balance	`StockholdersEquity`	$-9.04M	USD	Point-in-time
Balance	`StockholdersEquity`	$-11.77M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.