CING: the balance sheet

MyFinsight

For the year ending 2025-12-31, CING has $15,073,263 in assets. $12,564,356 in debts. $10,953,383 in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	10,953,383
Miscellaneous receivables	8,013
Prepaid expenses and other current assets	1,046,862
Total current assets	12,008,258
Property and equipment, gross	5,562,887
Less accumulated depreciation	3,836,968
Property and equipment, net	1,725,919
Operating lease right-of-use assets	1,339,086
Total assets	15,073,263

Accounts payable	2,035,685
Interest	563,883
Employee compensation	455,177
Commercial costs	393,076
Research and development	166,696
State franchise taxes	44,000
Professional fees	31,542
Other	87,742
Accrued expenses	1,742,116
Notes payable, current	6,295,960
Operating lease liability, current	238,864
Total current liabilities	10,312,625
Note payable	1,151,509
Operating lease liability, net of current	1,100,222
Total long-term liabilities	2,251,731
Total liabilities	12,564,356
Common stock, 0.0001 par value 240,000,000 shares authorized and 7,250,299 and 3,402,306 shares issued and outstanding as of december 31, 2025 and 2024	725
Additional paid-in-capital	134,883,213
Accumulated deficit	-132,375,031
Total stockholders equity	2,508,907
Total liabilities and stockholders equity	15,073,263

Unit: Dollar.