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Balance Sheets Overview

Current Ratio
153.69%
Quick Ratio
62.97%
Debt to Asset Ratio
54.17%
Unit: Dollar
Assets Breakdown
    • Operating lease right-of-use ass...
    • Cash
    • Accounts receivable-Nonrelated P...
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Total current liabilities
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash
714,411
849,620
307,886
479,543
Accounts receivable-Nonrelated Party
505,267
212,319
189,431
189,951
Accounts receivable-Related Party
55,659
75,649
20,492
50,380
Inventory, net
2,364,190
2,340,644
2,339,931
2,250,717
Prepaid expenses and other current assets
365,939
229,972
182,373
335,924
Total current assets
4,005,466
3,708,204
3,040,113
3,306,515
Total property and equipment
-
-
893,523
-
Less accumulated depreciation and amortization
-
-
655,688
-
Property, equipment and leasehold improvements, net
237,786
238,772
237,835
248,449
Operating lease right-of-use assets
965,699
1,131,329
1,200,507
1,313,904
Intangible assets, net
404,866
422,982
441,099
459,216
Goodwill
249,986
249,986
249,986
249,986
Other assets
45,177
45,177
51,826
51,826
Total assets
5,908,980
5,796,450
5,221,366
5,629,896
Accounts payable and accrued liabilities
823,492
897,169
585,531
697,013
Accounts payable - related parties
28,081
22,972
12,972
25,917
Customer deposits and unearned revenue
199,041
125,155
156,036
282,863
Other liabilities
144,264
145,638
157,188
372,557
Operating lease liabilities
517,838
500,085
484,078
466,925
Convertible notes-Related Party
-
-
29,717
29,717
Related party convertible demand note, net
29,717
29,717
-
-
Convertible notes-Nonrelated Party
-
-
355,543
362,073
Convertible notes
357,624
355,543
-
-
Current maturities long term debt
1,223
1,223
174,975
1,223
Related party notes payable
505,000
505,000
505,000
505,000
Total current liabilities
2,606,279
2,582,501
2,461,040
2,743,288
Loans payable, net of current portion
76,566
60,048
31,197
57,948
Operating lease liabilities
518,173
711,100
794,857
924,627
Total liabilities
3,201,018
3,353,649
3,287,094
3,725,863
Preferred stock 0.001 par value 10,000,000 shares authorized 425,000 issued and outstanding as of june 30, 2026 and december 31, 2025
425
425
425
425
Common stock 0.0001 par value 1,000,000,000 shares authorized 512,866,229 shares issued and outstanding at june 30, 2026 and 449,430,935 shares issued and outstanding at december 31, 2025
51,288
50,500
50,328
45,350
Common stock payable 138,941 shares as of june 30, 2026 and december 31, 2025
14
14
14
14
Additional paid-in capital
19,975,903
19,930,191
19,914,863
19,506,880
Accumulated deficit
-17,319,669
-17,538,328
-18,031,358
-17,648,635
Total stockholders equity
2,707,960
2,442,801
1,934,272
1,904,034
Total liabilities and stockholders equity
5,908,980
5,796,450
5,221,366
5,629,897
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Inventory, net$2,364,190 (6.22%↑ Y/Y)Cash$714,411 (57.52%↑ Y/Y)Accountsreceivable-Nonrelated Party$505,267 (39.25%↑ Y/Y)Prepaid expenses andother current assets$365,939 (53.46%↑ Y/Y)Accountsreceivable-Related Party$55,659 (-4.95%↓ Y/Y)Total current assets$4,005,466 (19.95%↑ Y/Y)Operating leaseright-of-use assets$965,699 (-32.35%↓ Y/Y)Intangible assets, net$404,866 (-15.18%↓ Y/Y)Goodwill$249,986 (0.00%↑ Y/Y)Property, equipment andleasehold improvements,...$237,786 (-10.85%↓ Y/Y)Other assets$45,177 (-12.83%↓ Y/Y)Total assets$5,908,980 (1.66%↑ Y/Y)Total liabilities andstockholders equity$5,908,980 (1.66%↑ Y/Y)Total liabilities$3,201,018 (-22.89%↓ Y/Y)Total stockholdersequity$2,707,960 (63.01%↑ Y/Y)Accumulated deficit-$17,319,669 (3.02%↑ Y/Y)Total currentliabilities$2,606,279 (-14.00%↓ Y/Y)Operating leaseliabilities$518,173 (-50.41%↓ Y/Y)Loans payable, net ofcurrent portion$76,566 (0.85%↑ Y/Y)Additional paid-in capital$19,975,903 (2.57%↑ Y/Y)Common stock 0.0001 parvalue 1,000,000,000...$51,288 (14.05%↑ Y/Y)Preferred stock 0.001 parvalue 10,000,000...$425 (0.00%↑ Y/Y)Common stock payable138,941 shares as of june...$14 (0.00%↑ Y/Y)Accounts payable andaccrued liabilities$823,492 (3.65%↑ Y/Y)Operating leaseliabilities$517,838 (17.05%↑ Y/Y)Related party notespayable$505,000 Convertible notes$357,624 Customer deposits andunearned revenue$199,041 (-24.00%↓ Y/Y)Other liabilities$144,264 (-76.17%↓ Y/Y)Related partyconvertible demand note, net$29,717 Accounts payable -related parties$28,081 (48.66%↑ Y/Y)Current maturities longterm debt$1,223 (-1.45%↓ Y/Y)

Brownie's Marine Group, Inc (BWMG)

Brownie's Marine Group, Inc (BWMG)