Strata Power Reports Decrease in Total Assets

Strata Power (SPOWF) has released an update.

Strata Power Corporation, an exploration stage company, reported a decrease in cash assets from $54,009 in December 2023 to $22,609 in June 2024 and an overall decrease in total assets from $205,538 to $176,336 in the same period. The financial statement also showed a reduction in total liabilities from $441,575 to $408,566. These financial movements reflect changes in the company’s balance sheet over a six-month period, indicating a potential impact on stock performance.

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