For the quarter ending 2025-09-30, CIRX has $1,917,044 in assets. $27,460,669 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Deposits on inventory-Related Party | - | 0 | ||
| Cash | 19,274 | 4,335 | ||
| Inventory | 713,725 | 836,465 | ||
| Deposits on inventory-Nonrelated Party | 339,361 | 25,539 | ||
| Accounts receivable, net | 55,204 | 16,708 | ||
| Other current assets | 536,386 | 505,372 | ||
| Total current assets | 1,663,950 | 1,388,419 | ||
| Investment in securities at cost | 248,000 | 248,000 | ||
| Property and equipment, net of accumulated depreciation | 5,094 | 5,420 | ||
| Total assets | 1,917,044 | 1,641,839 | ||
| Accounts payable | 507,524 | 766,922 | ||
| Liabilities for product returns and credits | 104,565 | 85,384 | ||
| Short-term advances payable-Nonrelated Party | 162,866 | 162,966 | ||
| Short-term advances payable-Related Party | 1,104,000 | 686,350 | ||
| Accrued liabilities | 2,595,868 | 2,379,344 | ||
| Accrued payroll and compensation expense | 5,602,489 | 5,526,031 | ||
| Accrued interest, current portion | 6,704,921 | 6,586,760 | ||
| Convertible debenture, current portion, net of discounts | 264,284 | 264,284 | ||
| Note payable-Nonrelated Party | 90,000 | 90,000 | ||
| Note payable-Related Party | 151,833 | 151,833 | ||
| Derivative liability | 2,492,987 | 2,454,051 | ||
| Cash overdraft | - | 0 | ||
| Liabilities from discontinued operations | 4,779,745 | 4,741,063 | ||
| Total current liabilities | 24,561,082 | 23,894,988 | ||
| Note payable, net of current portion | 643,000 | 640,909 | ||
| Convertible debenture, net of current portion, net of discount | 2,256,587 | 2,229,689 | ||
| Total liabilities | 27,460,669 | 26,765,586 | ||
| Common stock, par value 0.001 100,000,000 shares authorized 4,945,417 shares issued and outstanding | 4,945 | 4,945 | ||
| Additional paid-in capital | 37,233,561 | 37,233,561 | ||
| Accumulated deficit | -62,782,131 | -62,362,253 | ||
| Total stockholders deficit | -25,543,625 | -25,123,747 | ||
| Total liabilities and stockholders deficit | 1,917,044 | 1,641,839 | ||
CIRTRAN CORP (CIRX)
CIRTRAN CORP (CIRX)