For the quarter ending 2025-09-30, DBGI has $41,194,919 in assets. $25,206,051 in debts. $6,701,820 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 6,701,820 | 542,578 | ||
| Restricted cash | 5,705,179 | - | ||
| Accounts receivable, net | 49,342 | 165,937 | ||
| Due from factor, net | 228,213 | 341,127 | ||
| Inventory | 4,319,004 | 4,075,294 | ||
| Prepaid expenses and other current assets | 2,997,297 | 1,325,730 | ||
| Total current assets | 20,000,855 | 6,450,666 | ||
| Property, equipment and software, net | 19,046 | 20,719 | ||
| Goodwill | 8,973,501 | 8,973,501 | ||
| Intangible assets, net | 7,870,419 | 8,286,959 | ||
| Deposits | 72,331 | 72,331 | ||
| Prepaid marketing expenses | 4,258,767 | 4,016,111 | ||
| Total assets | 41,194,919 | 27,820,287 | ||
| Convertible note payable, net | - | 0 | ||
| Accounts payable | 4,886,664 | 5,594,591 | ||
| Accrued expenses and other liabilities | 5,515,046 | 5,525,903 | ||
| Due to related parties | 395,921 | 402,421 | ||
| Accrued interest payable | 2,663,680 | 2,539,854 | ||
| Loan payable, current | 2,746,096 | 1,819,113 | ||
| Stock payable | 5,099,654 | - | ||
| Promissory note payable, net | 3,500,000 | 3,500,000 | ||
| Total current liabilities | 24,807,061 | 19,381,882 | ||
| Loan payable | 150,000 | 1,083,295 | ||
| Deferred tax liability | 248,990 | 248,990 | ||
| Total liabilities | 25,206,051 | 20,714,167 | ||
| Preferred stock, value-Series AConvertible Preferred Stock | 1 | 1 | ||
| Preferred stock, value-Series CConvertible Preferred Stock | 1 | 1 | ||
| Preferred stock, value-Series DConvertible Preferred Stock | 2 | - | ||
| Common stock, 0.0001 par, 1,000,000,000 shares authorized, 5,726,930 and 838,584 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively | 572 | 449 | ||
| Additional paid-in capital | 150,749,052 | 138,414,479 | ||
| Accumulated deficit | -134,760,760 | -131,308,810 | ||
| Total stockholders equity (deficit) | 15,988,868 | 7,106,120 | ||
| Total liabilities and stockholders equity (deficit) | 41,194,919 | 27,820,287 | ||
Digital Brands Group, Inc. (DBGI)
Digital Brands Group, Inc. (DBGI)