AMASS BRANDS (AMSS)
AMASS BRANDS (AMSS)
| Balance Sheets | 2026-03-31 | |||
|---|---|---|---|---|
| Cash and cash equivalents | 991,806 | |||
| Accounts receivable, net | 3,107,561 | |||
| Due from related parties | 0 | |||
| Inventory, net | 11,940,537 | |||
| Interest receivable | 68,112 | |||
| Prepaid expenses and other current assets | 310,305 | |||
| Total current assets | 16,418,321 | |||
| Property and equipment, gross | 209,287 | |||
| Less accumulated depreciation and amortization | 201,000 | |||
| Property and equipment, net | 8,287 | |||
| Intangible assets, net | 1,959,039 | |||
| Goodwill | 2,972,280 | |||
| Securities pledged as collateral, at fair value | 3,347,564 | |||
| Investments at cost | 862,419 | |||
| Deposits | 13,640 | |||
| Total assets | 25,581,550 | |||
| Accounts payable | 9,588,404 | |||
| Accrued expenses | 5,182,409 | |||
| Secured credit facility, current | 2,928,161 | |||
| Loans payable, current | 750,000 | |||
| Contract liabilities | 2,961,166 | |||
| Promissory notes payable, current | 1,650,000 | |||
| Derivative liabilities | 1,207,705 | |||
| Customer deposits | 413,838 | |||
| Interest payable | 484,522 | |||
| Obligation under repurchase agreement | 400,000 | |||
| Total current liabilities | 25,566,205 | |||
| Loans payable | 681,570 | |||
| Promissory notes payable, net | 0 | |||
| Convertible notes payable | 1,731,710 | |||
| Safe notes | 530,668 | |||
| Total liabilities | 28,510,153 | |||
| Preferred stock, value, issued-Series BPreferred Stock | 89 | |||
| Preferred stock, value, issued-Series APreferred Stock | 9 | |||
| Preferred stock, value, issued-Series Seed Preferred Stock | 125 | |||
| Common stock, value, issued | 38 | |||
| Additional paid-in capital | 39,802,580 | |||
| Treasury stock, 158,700 and 0 shares at cost as of march 31, 2026 and december 31, 2025, respectively | 1,393,713 | |||
| Accumulated other comprehensive income | 55,172 | |||
| Accumulated deficit | -43,740,731 | |||
| Total amass stockholders' deficit | -5,276,431 | |||
| Non-controlling interest | 2,347,828 | |||
| Total stockholders' deficit | -2,928,603 | |||
| Total liabilities and stockholders' deficit | 25,581,550 | |||