ABQQ: the balance sheet

MyFinsight

For the quarter ending 2025-11-30, ABQQ has $6,200,240 in assets. $2,734,515 in debts.

Unit: Dollar

Balance Sheets	2025-11-30	2025-08-31	2025-05-31
Cash and cash equivalents	11,766	13,691	95,516
Prepaid expenses	8,053	8,508	10,808
Accounts receivable	89,597	219,408	110,295
Total current assets	109,416	241,607	216,619
Property and equipment, net	1,996	2,472	2,947
Right of use operating lease assets	239,945	291,064	342,079
Intangible assets, net	5,503,643	4,772,424	4,626,244
Purchase deposits for intangible assets	300,000	1,311,349	1,244,603
Security deposit	45,240	45,240	45,240
Total assets	6,200,240	6,664,156	6,477,732

Accounts payable and accrued liabilities	43,513	-	13,764
Loan from related parties	1,039,625	-	3,451,024
Deferred revenue	-	-	0
Current portion of obligations under operating leases	255,435	-	252,136
Warrants liability	1,353,067	-	-
Total current liabilities	2,691,640	3,491,633	3,716,924
Obligations under operating leases, non-current	42,875	107,098	171,214
Total liabilities	2,734,515	3,598,731	3,888,138
Common stock,0.001par value,10,000,000,000shares authorized 8,031,266,321 and2,281,266,321 shares issued and outstanding, as of august 31, 2025 and 2024, respectively	-	8,031,266	8,031,266
Additional paid-in capital	-	5,424,278	6,364,244
Accumulated deficit	-	-10,390,219	-11,806,016
Total stockholders equity	3,465,725	3,065,425	2,589,594
Total liabilities and stockholders equity	6,200,240	6,664,156	6,477,732

Unit: Dollar