Company research
Mag Magna Corp
CIK 1949864Updated Oct 8, 2026
SecurityMGNC · OTC · equity
Name history
Mag Magna Corp. · through Aug 13, 2024
MGNC price & chart
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Recent filings
10-K filing
NT 10-Q filing
NT 10-K filing
NT 10-K filing
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Unregistered Sales of Equity Securities · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 1.01, 2.03, 3.02, 5.02, 9.01
Show 5 more recent filings
Entry into a Material Definitive Agreement · Other Events
Items 1.01, 8.01, 9.01
Other Events
Items 8.01
Entry into a Material Definitive Agreement
Items 1.01, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
S-8 filing
Financials
FY 2026 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2026 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| AssetsUSD | 1,926,400Source | 88,060Source | 37,841Source | 113,090Source | 114,675Source | 20,123Source | 120,379Source | 78,437Source | 2,083,325Source | 144,297Source | 86,772Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 0Source | 67,860Source | 17,806Source | 103,745Source | 72,399Source | 15,639Source | 111,034Source | 76,937Source | — | 118,322Source | 13,172Source |
| Current assets: | |||||||||||
| Assets, CurrentUSD | 26,400Source | 20,200Source | 11,535Source | 9,345Source | 42,276Source | 4Source | 9,345Source | 1,500Source | 158,325Source | 25,975Source | 73,600Source |
| LIABILITIES AND EQUITY | |||||||||||
| LiabilitiesUSD | 501,537Source | 148,834Source | 46,675Source | 157,102Source | 170,779Source | 46,625Source | 157,102Source | 123,507Source | 1,788,937Source | 227,595Source | 117,816Source |
| Stockholders’ equity: | |||||||||||
| Common Stock, Value, IssuedUSD | 7,829Source | 5,829Source | 5,290Source | 5,829Source | 5,829Source | 4,500Source | 5,829Source | 5,829Source | 19,224Source | 5,829Source | 5,829Source |
| Additional Paid in CapitalUSD | 1,766,897Source | — | — | 168,897Source | — | — | — | — | 15,113,785Source | — | 31,897Source |
| Retained Earnings (Accumulated Deficit)USD | -349,863Source | -98,500Source | 15,163Source | -218,738Source | -93,830Source | -13,085Source | -211,449Source | -82,796Source | -14,838,621Source | -121,024Source | -68,770Source |
| Stockholders' Equity Attributable to ParentUSD | 1,424,863Source | -60,774Source | -8,834Source | -44,012Source | -56,104Source | -26,502Source | -36,723Source | -45,070Source | 294,388Source | -83,298Source | -31,044Source |
| Additional Paid in Capital, Common StockUSD | — | 31,897Source | 18,956Source | — | 31,897Source | — | 168,897Source | 31,897Source | — | 31,897Source | — |
| Liabilities and EquityUSD | 1,926,400Source | 88,060Source | 37,841Source | 113,090Source | 114,675Source | 20,123Source | 120,379Source | 78,437Source | 2,083,325Source | 144,297Source | 86,772Source |
| Current liabilities: | |||||||||||
| Liabilities, CurrentUSD | 501,537Source | 148,834Source | 46,675Source | 157,102Source | 170,779Source | 46,625Source | 157,102Source | 123,507Source | 1,788,937Source | 227,595Source | 117,816Source |
| Accounts Payable, CurrentUSD | 5,668Source | 698Source | — | 5,668Source | 12,099Source | — | 396Source | 12,224Source | 3,494Source | 396Source | 12,447Source |
| Cash and Cash Equivalents, at Carrying Value | — | — | —Source | — | —Source | —Source | — | — | — | — | — |
| Accounts Receivable | — | — | — | — | —Source | — | — | — | — | — | — |
cash flow · annual statements
| Line item | Q4 2026 | Q4 2025 | Q3 2026 | Q3 2025 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | -11,034Source | 90,425Source | — | -14,717,597Source | — | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Depreciation and amortization | — | — | — | — | — | — | —Source | —Source | — | —Source | —Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | — | — | 13,316,280Source | — | — |
| Changes in operating assets and liabilities: | |||||||||||
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | — | -223Source | — | -12,051Source | 12,448Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -66,507Source | -562Source | -306,742Source | -61,558Source | -107,971Source |
| Cash flows from investing activities: | |||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | — | — | -50,000Source | -55,000Source | — |
| Cash flows from financing activities: | |||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 66,507Source | 562Source | 515,067Source | 116,558Source | 107,971Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | — | — | 158,325Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 26,400Source | 0Source | 0Source | 8,057Source | — | — | 158,325Source | — | — |
| Additional Financial Items | |||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | — | — | — | — | — | — | 13,316,280Source | — | — |
| General and Administrative ExpenseUSD | — | — | 131,125Source | 26,964Source | 7,288Source | 27,075Source | 90,425Source | 19,321Source | 355,174Source | 102,161Source | 56,475Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | — | — | — | -144,297Source | — | — |
| Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 0Source | — | — |
| InterestExpenseNonoperatingUSD | — | — | — | — | — | — | — | — | 89,725Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | -131,125Source | -4,670Source | -7,288Source | -11,034Source | -90,425Source | -14,026Source | -14,717,597Source | -52,254Source | -50,853Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | — | — | — | — | -90,425Source | — | — | — | 50,853Source |
| Nonoperating Income (Expense)USD | — | — | — | — | — | — | — | — | — | — | 22Source |
| Operating ExpensesUSD | — | — | 131,125Source | 26,964Source | 7,288Source | 27,075Source | 90,425Source | 19,321Source | 13,671,454Source | 102,161Source | 56,475Source |
| Other Nonoperating Income (Expense)USD | — | — | 0Source | 0Source | 0Source | 0Source | — | 2Source | -901,846Source | 2Source | — |
| Payments to Acquire InvestmentsUSD | — | — | — | — | — | — | — | — | 25,000Source | — | — |
| Amortization of Intangible Assets | — | — | —Source | — | — | — | —Source | —Source | — | — | — |
income statement · annual statements
| Line item | Q4 2026 | Q4 2025 | Q3 2026 | Q3 2025 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 0Source | 22,294Source | 0Source | 16,041Source | — | 5,293Source | 0Source | 49,905Source | 5,600Source |
| Cost of Goods and Services Sold | — | — | — | — | — | —Source | — | —Source | —Source | — | — |
| Operating Income (Loss)USD | — | — | -131,125Source | -4,670Source | -7,288Source | -11,034Source | -90,425Source | -14,028Source | -13,671,454Source | -52,256Source | — |
| Other Nonoperating Income (Expense)USD | — | — | 0Source | 0Source | 0Source | 0Source | — | 2Source | -901,846Source | 2Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | — | — | — | — | — | — | -14,573,300Source | — | -50,875Source |
| Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 0Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | -131,125Source | -4,670Source | -7,288Source | -11,034Source | -90,425Source | -14,026Source | -14,717,597Source | -52,254Source | -50,853Source |
| Earnings Per Share, BasicUSD per share | — | — | -0.02Source | 0Source | 0Source | 0Source | -0.02Source | 0Source | — | -0.01Source | — |
| Earnings Per Share, DilutedUSD per share | — | — | -0.02Source | 0Source | 0Source | 0Source | — | — | — | — | -0.01Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 6,089,917Source | 5,829,047Source | 5,829,047Source | 5,829,047Source | — | — | 7,858,195Source | — | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 6,089,917Source | 5,829,047Source | 5,829,047Source | 5,829,047Source | 5,829,047Source | 5,829,047Source | 7,858,195Source | 5,829,047Source | 4,883,855Source |
| Interest Expense (non-operating)USD | — | — | — | — | — | — | — | — | 89,725Source | — | — |
| Additional Financial Items | |||||||||||
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | — | — | — | — | 7,288Source | 2,335Source | — | 15,950Source | 4,034Source |
| General and Administrative ExpenseUSD | — | — | 131,125Source | 26,964Source | 7,288Source | 27,075Source | 90,425Source | 19,321Source | 355,174Source | 102,161Source | 56,475Source |
| Gross ProfitUSD | — | — | — | — | — | — | — | — | 0Source | — | 5,600Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | — | — | — | — | — | — | — | — | -1.85Source | — | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | — | — | — | — | — | — | — | — | -1.85Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | — | — | — | -144,297Source | — | — |
| Interest and Other IncomeUSD | — | — | — | — | — | — | — | — | — | — | 22Source |
| Interest ExpenseUSD | — | — | — | — | — | — | — | 2Source | — | 2Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | — | — | — | — | -90,425Source | — | — | — | 50,853Source |
| Nonoperating Income (Expense)USD | — | — | — | — | — | — | — | — | — | — | 22Source |
| Operating ExpensesUSD | — | — | 131,125Source | 26,964Source | 7,288Source | 27,075Source | 90,425Source | 19,321Source | 13,671,454Source | 102,161Source | 56,475Source |
| Other Cost of Operating RevenueUSD | — | — | 0Source | 12,307Source | 0Source | 6,702Source | — | 893Source | — | 26,179Source | — |
| Amortization of Intangible Assets | — | — | —Source | — | — | — | —Source | —Source | — | — | — |
| Interest Income, Other | — | — | —Source | —Source | —Source | —Source | — | —Source | — | — | — |
Filing attachments
magmagna_ex107.htm · S-8 · 2026-02-13
Ex-Filing Fees CALCULATION OF FILING FEE TABLES S-8 Mag Magna Corp. Table 1: Newly Registered Securities Security Type Security Class Title Notes Fee Calculation Amount Registered Proposed Maximum Offering Maximum Aggregate Offering Price Fee Rate Amount of Registration Fee Rule Price Per Unit …
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