Kashin, Inc. (formerly One Clean Planet, Inc.) reported its financial results for the three months ended July 31, 2024, revealing significant changes in revenue and expenses compared to the same period in the previous year. The company generated revenue of $120,000 for the quarter, a notable increase from $0 in the same quarter of 2023. This growth in revenue is attributed to the company's development stage business model, which focuses on providing specialized cooking tutorials through a subscription-based website.

Total expenses for the quarter amounted to $128,384, a substantial rise from $31,030 in the prior year. The increase in expenses is primarily due to higher operational costs, including $25,000 in stock-based compensation. As a result, Kashin, Inc. reported a net loss of $8,384 for the three months ended July 31, 2024, a decrease in losses compared to the net loss of $31,030 for the same period in 2023.

For the fiscal year ending April 30, 2024, the company continued to experience financial challenges, reporting a net loss of $64,748, following losses of $35,021 and $21,884 in the previous two fiscal years. The accumulated deficit as of April 30, 2024, stood at $(655,726), which has since increased to $(664,110) as of July 31, 2024.

Kashin, Inc. faced liquidity issues, with cash decreasing from $126 at the beginning of the quarter to $17 by the end of July 2024. The company reported a working capital deficit of $101,220 and total current liabilities of $101,238, up from $97,988 in the previous quarter. Accounts payable and accrued liabilities also rose to $22,877 from $19,832.

The company has undergone leadership changes, with Caren Currier appointed as President and Director following the resignation of Carl Maybin on May 6, 2023. Additionally, Kashin, Inc. owes $78,361 to its President for payments made on behalf of the company.

As of July 31, 2024, the company had 68,560,745 common shares issued and outstanding, an increase from 63,560,745 shares as of April 30, 2024. The financial statements indicate substantial doubt about the company's ability to continue as a going concern without additional capital, highlighting the need for strategic financial management moving forward.