AUSI: the balance sheet

MyFinsight

For the quarter ending 2025-11-30, AUSI has $1,316K in assets. $38,244K in debts. $107K in cash and cash equivalents.

Balance Sheets	2025-11-30	2025-08-31	2025-05-31
Cash and cash equivalents	107	24	21
Inventories	5	5	5
Prepaid and other current assets	333	115	173
Total current assets	445	144	199
Property and equipment, net	487	524	574
Operating lease right-of-use asset	224	291	355
Security deposit	160	160	160
Total assets	1,316	1,119	1,288

Accounts payable and accrued expenses	2,507	2,609	2,512
Accrued interest	4,232	3,917	3,312
Customer advances	457	457	447
Convertible notes payable, current portion-past due	1,493	1,493	1,493
Convertible note payable-related party-including 3,020 and 3,020, respectively past due-Related Party	12,279	12,279	12,279
Notes payable, current portion	359	153	230
Notes payable-related party, current portion - past due-Related Party	733	733	733
Lease liabilities, current portion	231	299	290
Derivative liability	15,611	22,316	19,135
Total current liabilities	37,902	44,256	40,431
Notes payable, net of current portion	318	338	338
Lease liabilities, net of current portion	24	26	105
Total liabilities	38,244	44,620	40,874
Common stock 0.0001 par value 150,000,000 shares authorized 132,611,844 and 118,296,448 issued and outstanding at november 30, 2025 and february 28, 2025, respectively	13	12	12
Additional paid-in capital	465,291	464,220	463,371
Accumulated deficit	-502,232	-507,733	-502,969
Total shareholders deficit	-36,928	-43,501	-39,586
Total liabilities and shareholders deficit	1,316	1,119	1,288

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.