← HLLK Overview

Hallmark Venture Group, Inc. Liquidation Value Calculator

Hallmark Venture Group, Inc.

Current Price: N/A

Loading calculator data...

Advanced: All 74 XBRL Tags

Every XBRL tag from SEC EDGAR filings, grouped by financial statement type. total = may include children, fact = independent leaf value.

Balance Sheet

TagValueUnit
cash
Cash total $3,382 USD
AI Insight · Total assets consist entirely of $3,382 in cash. At 100% recovery, this is the sole asset available to offset $349,258 in liabilities. The asset base is effectively nil relative to the liability stack, confirming zero equity recovery in any liquidation scenario. Cash declined $247 during the year (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect).
Cash And Cash Equivalents At Carrying Value total
CashAndCashEquivalentsAtCarryingValue
$0 USD
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents total
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
$3,382 USD
current_liabilities
Other Accrued Liabilities Current total
OtherAccruedLiabilitiesCurrent
$182,168 USD
Other Liabilities Current total
OtherLiabilitiesCurrent
$826 USD
liabilities_current
Liabilities Current total
LiabilitiesCurrent
$349,258 USD
AI Insight · All $349,258 in liabilities are current, meaning the entire obligation stack would be due on day one of any wind-down. No portion is long-term. The composition — AP/accruals ($191,266), derivative liability ($102,670), convertible note net ($36,131), stock payable ($34,690), and other small items — leaves no subordinated or deferred component that would benefit equity in liquidation.
liabilities_total
Liabilities total $349,258 USD
shares_outstanding
Common Stock Shares Outstanding total
CommonStockSharesOutstanding
64.0M shares
Unmapped Tags (63)
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
$191,266USD
AI Insight · AP and accruals of $191,266 are the largest single liability component. This balance grew materially during 2025 (IncreaseDecreaseInAccountsPayableAndAccruedLiabilities of $149,792) driven in part by the 2024 restatement adding $15,093 in previously unaccrued vendor obligations. In liquidation, trade creditors hold priority; this balance consumes over half of any hypothetical recovery pool before more junior claims are addressed.
Additional Paid In Capital
AdditionalPaidInCapital
$3.30MUSD
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
$-103,283USD
Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
$113,752USD
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
$293,473USD
AI Insight · Amortization of debt discount of $293,473 in 2025 represents the income statement charge for unwinding OID and bifurcated derivative discounts on convertible notes. This is a non-cash charge that increased reported net loss but does not affect the liquidation liability stack; however, it signals the economic cost of the company's convertible-debt financing model, where face-value liabilities are encumbered from inception by large discounts.
Assets
Assets
$3,382USD
Assets Current
AssetsCurrent
$3,382USD
Cash FDIC Insured Amount
CashFDICInsuredAmount
$250,000USD
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
$0USD/shares
Common Stock Shares Authorized
CommonStockSharesAuthorized
$2.50Bshares
Common Stock Shares Issued
CommonStockSharesIssued
$63.99Mshares
Common Stock Value
CommonStockValue
$63,994USD
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
$3.47Mshares
Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
$-462,055USD
Deferred Tax Assets Gross
DeferredTaxAssetsGross
$850,291USD
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
$850,291USD
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
$850,291USD
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
$102,670USD
AI Insight · Derivative liability fell from $510,154 (Dec 31, 2024) to $102,670 (Dec 31, 2025), primarily from note conversions extinguishing the bifurcated conversion features. The residual $102,670 relates to the Nicosel 6% note (face $55,200). At face value in liquidation, this obligation stands regardless of the mark-to-market Black-Scholes valuation. Subsequent to year-end, this note was fully converted into equity, extinguishing the derivative.
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
$3,382USD
Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
$113,752USD
Notes Payable
NotesPayable
$0USD
Preferred Stock Value
PreferredStockValue
$100USD
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
$-3.75MUSD
AI Insight · Accumulated deficit of ($3,745,941) at December 31, 2025, versus a restated ($3,922,221) at December 31, 2024. The apparent improvement reflects the non-cash gains from derivative mark-to-market ($1,178,162) and debt-to-equity conversions netted against operating losses and non-cash charges, not any improvement in tangible recovery posture. The magnitude of accumulated deficit confirms structural insolvency at book value.
Stockholders Equity
StockholdersEquity
$-345,876USD
AI Insight · Stockholders' deficit of ($345,876). This is the residual after $3,301,281 in APIC and $63,994 in common stock par are offset by the ($3,745,941) accumulated deficit. Under the liquidation lens, equity holders receive zero; the deficit gap between $3,382 in assets and $349,258 in liabilities defines the shortfall exactly.
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
$-247USD
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
$149,792USD
Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
$489,030USD
Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
$116,260USD
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
$-31,142USD
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
$150,277USD
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
$-150,524USD
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
$-150,524USD
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
$443,897USD
Repayments Of Notes Payable
RepaymentsOfNotesPayable
$320,946USD
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
$200shares
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
$12shares
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
$500USD/shares
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
$-126,948USD
Earnings Per Share Basic
EarningsPerShareBasic
$0USD/shares
Earnings Per Share Diluted
EarningsPerShareDiluted
$0USD/shares
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
$0pure
General And Administrative Expense
GeneralAndAdministrativeExpense
$97,145USD
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
$-126,948USD
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
$-126,948USD
Interest Expense Debt
InterestExpenseDebt
$8,426USD
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
$153,159USD
Labor And Related Expense
LaborAndRelatedExpense
$50,000USD
Net Income Loss
NetIncomeLoss
$-126,948USD
Nonoperating Income Expense
NonoperatingIncomeExpense
$101,147USD
Operating Expenses
OperatingExpenses
$228,095USD
Operating Income Loss
OperatingIncomeLoss
$-228,095USD
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
$12shares
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
$1.18MUSD
Interest Paid Net
InterestPaidNet
$101,436USD
Number Of Reportable Segments
NumberOfReportableSegments
$1Segment
Operating Loss Carryforwards
OperatingLossCarryforwards
$4.05MUSD
Other Income
OtherIncome
$29,840USD
Professional Fees
ProfessionalFees
$80,950USD
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
$181,268USD
AI Insight · Bad debt expense of $181,268 was recorded in 2025, including $113,752 reserved against a note receivable (NotesAndLoansReceivableGrossCurrent $113,752, AllowanceForNotesAndLoansReceivableCurrent $113,752). This note had a carrying value of $105,326 as of December 31, 2024 per the restatement narrative. Full allowance indicates zero expected recovery on this asset, which does not appear in the net asset base.
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
$757,312USD
AI Insight · During 2025, $757,312 in debt was converted into equity (at carrying value per management's accounting policy). The conversions cleared virtually all notes payable and the settlement liability but did so at 50% discounts to prevailing market price, structurally diluting existing shareholders. This mechanism transferred liability value into equity at discounted conversion prices — a key feature of the company's debt management strategy throughout 2025.
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
$12,443USD
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
$189,092USD
DebtInstrumentIncreaseAccruedInterest
DebtInstrumentIncreaseAccruedInterest
$0USD

Showing balance sheet tags only. Liquidation analysis uses balance sheet data.

Comments