AAQL: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, AAQL has $1,903,451 in assets. $3,239,148 in debts. $455,446 in cash and cash equivalents.

Unit: Dollar

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	455,446	405,725
Accounts receivable, net	467,804	276,268
Inventory, net	72,250	-
Advances to suppliers	14,126	115,737
Other receivables and current assets	212,551	222,342
Total current assets	1,222,177	1,020,072
Total cost	437,574	-
Less accumulated depreciation	233,197	-
Property and equipment, net	204,377	83,499
Intangible assets, net	13,110	13,378
Operating lease right of use asset, net	463,787	555,527
Total non-current assets	681,274	652,404
Total assets	1,903,451	1,672,476

Accounts payable and accrued expenses	173,630	63,935
Other payables	26,675	-
Taxes payable	15,328	10,241
Advances from customers	74,476	8,475
Operating lease liabilities - current portion	48,789	58,353
Other payables	-	28,695
Due to related parties-Related Party	860,000	740,000
Total current liabilities	1,198,898	909,699
Operating lease liabilities - non-current	341,920	343,493
Long term notes and loans payable-related party-Related Party	1,698,330	1,690,610
Total non-current liabilities	2,040,250	2,034,103
Total liabilities	3,239,148	2,943,802
Common stock, value-Common Class B	0	0
Common stock, value-Common Class C	0	0
Common stock, value-Common Class D	0	0
Common stock, value-Common Class E	0	0
Common stock, value-Common Class A	29,995	29,995
Additional paid-in capital	243,530	243,530
Accumulated other comprehensive (loss) income	-4,540	-1,767
Accumulated deficit	-1,604,682	-1,543,084
Total shareholders deficit	-1,335,697	-1,271,326
Total liabilities and shareholders deficit	1,903,451	1,672,476