ALCED: the balance sheet

MyFinsight

For the quarter ending 2025-06-30, ALCED has $4,806K in assets. $25,942K in debts. $10K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-06-30
Cash and cash equivalents	10
Taxes recoverable	6
Due from related party-Related Party	1,110
Total current assets	1,126
Capitalized development costs	3,162
Long-term prepaid expenses	518
Total assets	4,806

Accounts payable	6,626
Accrued liabilities	2,790
Short term convertible and non-convertible promissory notes, net of debt issuance costs	9,105
Convertible notes measured at fair value	1,601
Derivative liability - warrants	591
Other payables	5,229
Total current liabilities	25,942
Total liabilities	25,942
Preferred stock, 0.0001 par value, 1,000,000 authorized as of june 30, 2025 and december 31, 2024. 60,000 issued and outstanding as of june 30, 2025 and 0 as at december 31, 2024	60
Additional paid in capital	43,367
Foreign currency translation reserve	-2,485
Accumulated deficit	-62,078
Total shareholders deficit	-21,136
Total liabilities and shareholder deficit	4,806