For the quarter ending 2025-09-30, CDIX has $27,609,516 in assets. $22,596,065 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Cash | 232,033 | 559,715 | 996,758 | 1,188,185 |
| Accounts receivable, net | 20,699,999 | 19,193,419 | 17,502,055 | 15,934,490 |
| Prepaid and other current assets | 112,514 | 114,398 | 111,691 | 89,901 |
| Total current assets | 21,044,546 | 19,867,532 | 18,610,504 | 17,212,576 |
| Property and equipment, net | 3,715 | 4,477 | 5,239 | 21,198 |
| Land | 540,000 | 540,000 | 540,000 | 540,000 |
| Goodwill | 5,666,608 | 5,666,608 | 5,666,608 | 5,666,608 |
| Right of use assets, net | 281,514 | 356,848 | 432,127 | 406,950 |
| Due from related party | 4,979 | 4,979 | 4,979 | 4,979 |
| Other assets | 68,154 | 71,235 | 71,171 | 73,368 |
| Total assets | 27,609,516 | 26,511,679 | 25,330,628 | 23,925,679 |
| Due to director and officer | - | - | - | 0 |
| Accounts payable and accrued expense | 1,659,791 | 1,493,025 | 1,605,431 | 1,379,760 |
| Accrued expenses related parties | 4,722,691 | 4,665,525 | 4,608,980 | 4,553,057 |
| Accrued interest | 567,986 | 566,411 | 530,973 | 429,200 |
| Right of use lease liabilities | 214,002 | 256,550 | 278,025 | 223,330 |
| Notes payable current portion | 200,803 | 275,830 | 315,857 | 312,180 |
| Line of credit | 14,727,190 | 12,690,193 | 10,210,485 | 8,645,991 |
| Convertible notes payable | 50,000 | 105,000 | 105,000 | 105,000 |
| Net liabilities of discontinued operations | 238,285 | 238,285 | 238,285 | 238,285 |
| Total current liabilities | 22,380,748 | 20,290,819 | 17,893,036 | 15,886,803 |
| Notes payable | 139,590 | 140,374 | 176,177 | 251,725 |
| Operating lease liability long term | 75,727 | 108,979 | 161,303 | 185,877 |
| Total liabilities | 22,596,065 | 20,540,172 | 18,230,516 | 16,324,405 |
| Redeemable Series NSenior Convertible Preferred Stock | 3,680,194 | 3,561,955 | 3,448,398 | - |
| Redeemable Series XSenior Convertible Preferred Stock | 1,697,687 | 1,655,948 | 1,615,667 | - |
| Total mezzanine equity | 5,377,881 | - | - | - |
| Preferred stock value-Series BPreferred Stock | 0 | 0 | 5,069,868 | 5,119,468 |
| Preferred stock value-Series CPreferred Stock | 0 | 0 | 296 | 296 |
| Preferred stock value-Series EPreferred Stock | 0 | 0 | 701,500 | 701,500 |
| Preferred stock value-Series JPreferred Stock | - | - | - | 0 |
| Preferred stock value-Series F1Preferred Stock | 15,500 | 15,500 | 15,500 | 15,500 |
| Preferred stock value-Series IPreferred Stock | 40,300,368 | 40,300,368 | 41,866,368 | 41,876,368 |
| Preferred stock value-Series XSenior Convertible Preferred Stock | - | - | - | 1,576,788 |
| Preferred stock value-Series LPreferred Stock | 1,277,972 | 1,277,972 | 1,277,972 | 1,277,972 |
| Preferred stock value-Series RSenior Convertible Preferred Stock | - | - | - | 0 |
| Preferred stock value-Series YSenior Convertible Preferred Stock | 4,167,056 | 4,064,060 | 3,963,600 | 3,916,500 |
| Preferred stock value-Series NSenior Convertible Preferred Stock | - | - | - | 3,339,317 |
| Common stock 300,000,000 shares authorized, 0.001 par value 19,904,708 and 15,300,475 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively | 19,905 | 19,680 | 15,330 | 15,300 |
| Total mezzanine equity | - | 5,217,903 | 5,064,065 | 4,916,105 |
| Additional paid-in capital | 30,388,568 | 30,201,734 | 22,770,920 | 22,711,350 |
| Accumulated deficit | -76,533,799 | -75,125,710 | -73,645,307 | -72,949,085 |
| Total stockholders (deficit)/equity | -364,430 | 753,604 | 2,036,047 | 2,685,169 |
| Total liabilities, mezzanine equity and stockholders (deficit)/equity | 27,609,516 | 26,511,679 | 25,330,628 | 23,925,679 |
Cardiff Lexington Corp (CDIX)
Cardiff Lexington Corp (CDIX)