CitroTech Inc. (CITR)
CitroTech Inc. (CITR)
| Balance Sheets | 2026-03-31 | 2025-12-31 | ||
|---|---|---|---|---|
| Cash | 4,286,897 | 6,268,591 | ||
| Accounts receivable, net | 130,314 | 209,047 | ||
| Inventory | 696,142 | 620,768 | ||
| Prepaid expenses | 512,309 | 317,020 | ||
| Deferred offering costs | - | 0 | ||
| Total current assets | 5,625,662 | 7,415,426 | ||
| Intangible assets, net | 5,231,495 | 5,326,960 | ||
| Operating lease right-of-use asset | 714,898 | 753,363 | ||
| Equipment, net | 610,787 | 630,279 | ||
| Security deposits | 57,491 | 57,491 | ||
| Total non-current assets | 6,614,671 | 6,768,093 | ||
| Total assets | 12,240,333 | 14,183,519 | ||
| Accounts payable and accrued liabilities | 414,261 | 316,321 | ||
| Deferred revenue | 24,192 | 3,000 | ||
| Convertible notes, net of discount | 0 | 219,321 | ||
| Convertible notes, net of discount - related party | 2,211,484 | 1,285,400 | ||
| Due to related parties | 19,172 | 167,971 | ||
| Financing loan - current portion | - | 30,000 | ||
| Derivative liability | - | 0 | ||
| Financing loan - current portion | 30,837 | - | ||
| Operating lease liability - current portion | 152,130 | 147,613 | ||
| Total current liabilities | 2,852,076 | 2,169,626 | ||
| Financing loan | 124,660 | 133,381 | ||
| Operating lease liability | 578,565 | 617,598 | ||
| Total non-current liabilities | 703,225 | 750,979 | ||
| Total liabilities | 3,555,301 | 2,920,605 | ||
| Preferred stock value-Series APreferred Stocks | 167 | 167 | ||
| Preferred stock value-Series CConvertible Preferred Stock | 81 | 81 | ||
| Common stock, par value 0.0001, authorized 1,000,000,000 shares, 19,116,901 and 18,522,315 issued and outstanding, respectively | 1,911 | 1,852 | ||
| Additional paid-in capital | 128,096,468 | 124,463,845 | ||
| Accumulated deficit | -119,413,595 | -113,203,031 | ||
| Total stockholders' equity | 8,685,032 | 11,262,914 | ||
| Total liabilities and stockholders' equity | 12,240,333 | 14,183,519 | ||