For the quarter ending 2025-09-30, COSM has $69,492,758 in assets. $46,357,874 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 889,441 | 655,503 | ||
| Restricted cash | 3,744,219 | - | ||
| Accounts receivable, net | 18,029,485 | 15,455,787 | ||
| Accounts receivable - related party | 1,607,984 | 1,449,354 | ||
| Marketable securities | 33,178 | 30,266 | ||
| Inventory | 5,683,662 | 5,110,947 | ||
| Loans receivable | 714,935 | 615,592 | ||
| Loans receivable - related party | 1,119,842 | 815,706 | ||
| Prepaid expenses and other current assets | 1,657,936 | 1,637,553 | ||
| Prepaid expenses and other current assets - related party | 4,623,607 | 4,791,603 | ||
| Total current assets | 38,104,289 | 30,562,311 | ||
| Property and equipment, net | 10,664,820 | 10,820,391 | ||
| Goodwill and intangible assets, net | 7,960,633 | 8,225,361 | ||
| Digital assets | 1,000,057 | - | ||
| Loans receivable - long term portion | 2,897,956 | 3,051,171 | ||
| Loans receivable - related party - long term | 2,933,750 | 3,204,580 | ||
| Operating lease right-of-use asset | 653,824 | 670,302 | ||
| Financing lease right-of-use asset | 5,843 | 8,067 | ||
| Advances for building's acquisition | 2,000,020 | 2,000,020 | ||
| Other assets | 1,217,941 | 1,233,607 | ||
| Other assets - related party | 2,053,625 | 2,059,750 | ||
| Total assets | 69,492,758 | 61,835,560 | ||
| Accounts payable and accrued expenses | 14,254,851 | 12,982,575 | ||
| Accounts payable and accrued expenses - related party | 422,083 | 449,388 | ||
| Accrued interest | 521,843 | 345,406 | ||
| Lines of credit | 7,584,786 | 8,161,845 | ||
| Notes payable | 3,572,958 | 3,155,067 | ||
| Notes payable - related party | 11,970 | 12,005 | ||
| Loans payable - related party | 0 | 0 | ||
| Convertible notes payable | 3,531,281 | 1,586,492 | ||
| Derivative liability - convertible note | 3,128,996 | - | ||
| Operating lease liability, current portion | 224,821 | 215,665 | ||
| Financing lease liability, current portion | 6,135 | 8,621 | ||
| Other current liabilities | 5,274,593 | 4,249,497 | ||
| Total current liabilities | 38,534,317 | 31,166,561 | ||
| Notes payable - long term portion | 1,797,411 | 2,053,857 | ||
| Convertible notes payable - long term portion | 3,914,051 | - | ||
| Operating lease liability, net of current portion | 427,813 | 453,442 | ||
| Financing lease liability, net of current portion | 0 | 0 | ||
| Other liabilities | 1,684,282 | 1,930,066 | ||
| Total liabilities | 46,357,874 | 35,603,926 | ||
| Common stock, 0.001 par value1,500,000,000 shares authorized 31,955,538 and 23,689,135 shares issued and 31,869,041 and 23,602,638 outstanding as of september 30, 2025 and december 31, 2024, respectively | 31,956 | 29,804 | ||
| Additional paid-in capital | 146,327,367 | 144,328,641 | ||
| Subscription receivable | 20 | 20 | ||
| Treasury stock, at cost, 86,497 shares as of september 30, 2025 and december 31, 2024 | 917,159 | 917,159 | ||
| Accumulated deficit | -123,021,330 | -117,668,440 | ||
| Accumulated other comprehensive loss | 714,070 | 458,807 | ||
| Total stockholders' equity | 23,134,884 | 26,231,633 | ||
| Total liabilities and stockholders' equity | 69,492,758 | 61,835,560 | ||
Cosmos Health Inc. (COSM)
Cosmos Health Inc. (COSM)