ACRG: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, ACRG has $3,925,673 in assets. $4,851,651 in debts.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30
Cash	1,544	5,296	7,850
Prepaid expenses	25,242	42,389	3,202
Total current assets	26,786	47,685	11,052
Mineral rights	3,883,524	3,883,524	3,883,524
Right-of-use asset - related party	15,363	17,283	-
Total assets	3,925,673	3,948,492	3,894,576

Accounts payable	1,742,564	1,742,657	1,434,341
Accounts payable - related party	58,190	45,155	191,812
Accrued expenses	23,747	41,030	106,314
Accrued expenses - related party	5,000	7,500	13,000
Accrued interest	2,625,926	2,508,959	2,370,275
Accrued interest - related party	2,742	-	-
Promissory note	105,000	105,000	-
Operating lease liability - related party	7,654	7,402	-
Accrued interest - related party	-	-	84,576
Convertible promissory notes - related party	272,114	-	1,284,563
Total current liabilities	4,842,937	4,457,703	5,484,881
Operating lease liability - related party, non-current	8,714	10,685	-
Total liabilities	4,851,651	4,468,388	-
Preferred stock, 50,000,000 shares authorized series a, .001 par value, 10,000,000 shares issued and outstanding as of march 31, 2026 and december 31, 2025	10,000,000	10,000,000	10,000,000
Common stock, 0.001 par value, 500,000,000 shares authorized 14,101,318 and 14,099,393 issued and outstanding as of march 31, 2026, and december 31, 2025, respectively	14,101	14,099	13,921
Additional paid-in capital	104,956,568	104,940,304	103,206,845
Accumulated deficit	-115,896,647	-115,474,299	-114,811,071
Total stockholders deficit	-10,925,978	-10,519,896	-11,590,305
Total liabilities and stockholders deficit	3,925,673	3,948,492	3,894,576

Unit: Dollar. Numbers labeled with * are estimated quarterly values.