CNET: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, CNET has $9,650K in assets. $6,241K in debts. $1,761K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	1,761	1,706
Accounts receivable, net of allowance for credit loss of 5,175 and 4,817, respectively	1,102	185
Prepayment and deposit to suppliers	4,727	5,254
Other current assets, net	878	838
Total current assets	8,468	7,983
Long-term investments	397	397
Operating lease right-of-use assets	59	70
Property and equipment, gross	1,924	-
Less accumulated depreciation	1,774	-
Property and equipment, net	150	161
Intangible assets, net	576	635
Total assets	9,650	9,246

Accounts payable	206	110
Advance from customers	599	675
Accrued payroll and other accruals	155	155
Taxes payable	3,208	3,175
Operating lease liabilities	48	47
Advance from investors	1,278	750
Other current liabilities	524	518
Total current liabilities	6,018	5,430
Operating lease liabilities non-current portion	13	25
Deferred tax liability-non current portion	87	96
Long-term borrowing from a related party-Related Party	123	122
Total liabilities	6,241	5,673
Common stock (us0.001 par value authorized 12,500,000 shares issued and outstanding 2,659,629 shares and 2,301,205 shares at september 30, 2025 and december 31, 2024, respectively)	3	3
Additional paid-in capital	64,176	64,176
Statutory reserves	2,598	2,598
Accumulated deficit	-64,727	-64,619
Accumulated other comprehensive income	1,297	1,354
Total shareholders equity	3,347	3,512
Noncontrolling interests	62	61
Total equity	3,409	3,573
Total liabilities and equity	9,650	9,246

Unit: Thousand (K) dollars