| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Lease right-of-use asset, operating | - | 0 | ||
| Total noncurrent assets | - | 75,020 | ||
| Prepaid expenses | - | 0 | ||
| Cash and cash equivalents | 0 | 109,171 | ||
| Accounts receivable | 43,349 | 0 | ||
| Total current assets | 43,349 | 109,171 | ||
| Property and equipment, net | 81,890 | 75,020 | ||
| Total assets | 125,239 | 184,191 | ||
| Lease liability - current portion | - | 0 | ||
| Accounts payable | 1,687,615 | 1,711,371 | ||
| Accruals and other current liabilities | 2,820,322 | 2,649,068 | ||
| Note payable - related party | 2,683,000 | 2,683,000 | ||
| Convertible debt - related party | 2,144,357 | - | ||
| Shareholder loans | 475,000 | - | ||
| Notes payable - convertible - related party, net | - | 2,144,357 | ||
| Bank indebtedness | 88 | - | ||
| Due to shareholders | - | 475,000 | ||
| Short-term notes payable | 270,000 | 270,000 | ||
| Total current liabilities | 10,080,382 | 9,932,796 | ||
| Total liabilities | 10,080,382 | 9,932,796 | ||
| Common stock, 1,000,000,000 shares authorized, 0.001 par value, 267,560,840 and 260,157,796 issued and outstanding at september 30, 2025 and december 31, 2024, respectively | 267,561 | 267,561 | ||
| Additional paid in capital | 49,142,610 | 49,142,610 | ||
| Accumulated deficit | -59,365,314 | -59,158,776 | ||
| Total shareholders' deficit | -9,955,143 | -9,748,605 | ||
| Total liabilities and shareholders' deficit | 125,239 | 184,191 | ||
BASANITE, INC. (BASA)
BASANITE, INC. (BASA)