abqq: the balance sheet

MyFinsight

For the quarter ending 2025-05-31, ABQQ has $6,477,732 in assets. $3,888,138 in debts.

Unit: Dollar

Balance Sheets	2025-05-31
Prepaid expenses	10,808
Cash and cash equivalents	95,516
Accounts receivable	110,295
Total current assets	216,619
Property and equipment, net	2,947
Purchase deposits for intangible assets, non-current	1,244,603
Security deposit	45,240
Right of use operating lease assets, net	342,079
Intangible assets, net	4,626,244
Total assets	6,477,732

Loan from related parties	3,451,024
Deferred revenue	0
Current portion of obligations under operating leases	252,136
Accounts payable and accrued liabilities	13,764
Total current liabilities	3,716,924
Obligations under operating leases, non-current	171,214
Total liabilities	3,888,138
Accumulated deficit	-11,806,016
Common stock,0.001par value,10,000,000,000shares authorized 8,031,266,321 and2,281,266,321 shares issued and outstanding, as of may 31, 2025 and august 31, 2024, respectively	8,031,266
Additional paid-in capital	6,364,244
Total stockholders equity	2,589,594
Total liabilities and stockholders equity	6,477,732