axil: the balance sheet

MyFinsight

For the quarter ending 2025-08-31, AXIL has $15,355,888 in assets. $5,162,674 in debts. $4,086,624 in cash and cash equivalents.

Unit: Dollar

Balance Sheets	2025-08-31
Due from related party	0
Cash	4,086,624
Accounts receivable, net	2,778,751
Inventory, net	3,889,462
Prepaid expenses and other current assets	935,679
Total current assets	11,690,516
Property and equipment, net	395,857
Intangible assets, net	452,405
Right of use asset	521,993
Deferred tax asset	122,182
Other assets	20,720
Goodwill	2,152,215
Total other assets	3,665,372
Total assets	15,355,888

Accounts payable	2,391,752
Customer deposits	209,942
Contract liabilities- current	755,736
Notes payable - current	3,459
Due to related party	151,269
Lease liability, current	207,929
Income tax liability	501,370
Other current liabilities	294,394
Total current liabilities	4,515,851
Lease liability, long term	352,475
Note payable, long term	135,740
Contract liabilities- long term	158,608
Total long term liabilities	646,823
Total liabilities	5,162,674
Preferred stock, 0.0001 par value 28,000,000shares authorized 27,773,500 shares issued and outstanding as of august 31, 2025 and may 31, 2025	2,777
Common stock, 0.0001 par value 15,000,000 shares authorized 6,657,717 shares issued and outstanding as of august 31, 2025 and may 31, 2025	666
Additional paid-in capital	9,134,759
Retained earnings	1,055,012
Total stockholders' equity	10,193,214
Total liabilities and stockholders' equity	15,355,888