For the quarter ending 2025-09-30, CNFN has $5,527,251 in assets. $28,243,714 in debts. $102,324 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 102,324 | 1,795,524 | ||
| Accounts receivable, net | 821,300 | 1,352,635 | ||
| Inventories, net | 1,841,691 | 991,346 | ||
| Total current assets | 2,765,315 | 4,139,505 | ||
| Property and equipment, net | 345,762 | 248,721 | ||
| Intangible assets, net | 21,750 | - | ||
| Right of use asset | 2,075,348 | 2,353,382 | ||
| Deposits | 297,269 | 297,269 | ||
| Other assets | 21,807 | 25,999 | ||
| Total assets | 5,527,251 | 7,064,876 | ||
| Accounts payable | 9,586,928 | - | ||
| Accrued liabilities | 7,151,212 | - | ||
| Due to related party | 501,140 | - | ||
| Deferred revenue | 112,888 | - | ||
| Current portion of notes payable | 7,433,238 | - | ||
| Due to seller | 1,000,000 | - | ||
| Contingent consideration | 208,000 | - | ||
| Current portion of right of use liability | 1,124,091 | - | ||
| Total current liabilities | 27,117,497 | - | ||
| Right of use liability | 1,008,739 | - | ||
| Long-term note payable, net of current portion and discounts | 117,478 | - | ||
| Total liabilities | 28,243,714 | - | ||
| Preferred shares-Series APreferred Stock | 1 | - | ||
| Preferred shares-Series BPreferred Stock | 3 | - | ||
| Common shares | 8,431 | - | ||
| Additional paid-in capital | 61,668,587 | - | ||
| Accumulated deficit | -84,393,485 | - | ||
| Total stockholders' deficit | -22,716,463 | - | ||
| Total liabilities and stockholders' deficit | 5,527,251 | 7,064,876 | ||
CFN Enterprises Inc. (CNFN)
CFN Enterprises Inc. (CNFN)