For the quarter ending 2026-03-31, DQWS has $687,604 in assets. $693,393 in debts. $220,027 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Tax recoverable | - | - | - | 686 |
| Cash and cash equivalents (including 51,360 and 76,857 of time deposits as of march 31, 2026 and december 31, 2025 respectively) | 220,027 | 285,034 | 367,519 | 580,951 |
| Accounts receivable | 75,159 | 17,376 | 38,423 | 55,443 |
| Other receivables, prepaid expenses and deposit | 64,130 | 27,016 | 39,870 | 18,677 |
| Inventories | 2,301 | 2,347 | 4,025 | 4,296 |
| Total current assets | 361,617 | 331,773 | 449,837 | 660,053 |
| Total plant and equipment | 375,633 | 375,487 | 373,811 | - |
| Accumulated depreciation | 201,178 | 187,170 | 176,689 | - |
| Effect of translation exchange | -1,825 | -1,069 | 2,846 | - |
| Plant and equipment, net | 176,280 | 189,386 | 194,276 | 128,970 |
| Intangible assets, net | 149 | 409 | 621 | 873 |
| Operating lease right-of-use assets, net | 149,558 | 155,568 | 156,014 | 161,826 |
| Total non-current assets | 325,987 | 345,363 | 350,911 | 291,669 |
| Total assets | 687,604 | 677,136 | 800,748 | 951,722 |
| Accounts payable (including 96,900 and 91 payable to related parties as of march 31, 2026 and december 31, 2025 respectively) | 204,279 | 113,134 | 147,924 | 200,948 |
| Other payables and accrued liabilities (including 4,125 and 0 of general and administrative expenses payable to a related party as of march 31, 2026 and december 31, 2025 respectively) | 220,525 | 289,473 | 216,111 | 243,475 |
| Finance lease liability | 26,401 | 35,167 | 33,543 | 4,821 |
| Operating lease liability | 19,775 | 26,089 | 14,119 | 20,035 |
| Tax payable | 875 | 1,601 | 1,543 | 0 |
| Total current liabilities | 471,855 | 465,464 | 413,240 | 469,279 |
| Finance lease liability | 91,755 | 91,539 | 97,020 | 90,577 |
| Operating lease liability | 129,783 | 129,479 | 141,895 | 141,791 |
| Total non-current liabilities | 221,538 | 221,018 | 238,915 | 232,368 |
| Total liabilities | 693,393 | 686,482 | 652,155 | 701,647 |
| Common stock, 0.0001 par value, 600,000,000 shares authorized, 206,904,585 shares issued and outstanding as of march 31, 2026 and december 31, 2025 respectively | 20,690 | 20,690 | 20,690 | 20,690 |
| Additional paid-in capital | 1,395,426 | 1,395,426 | 1,395,426 | 1,395,426 |
| Accumulated other comprehensive income | 38,594 | 39,328 | 47,434 | 51,025 |
| Accumulated deficit | -1,460,499 | -1,464,790 | -1,314,957 | -1,217,066 |
| Total stockholders equity | -5,789 | -9,346 | 148,593 | 250,075 |
| Total liabilities and stockholders equity | 687,604 | 677,136 | 800,748 | 951,722 |
DSwiss Inc (DQWS)
DSwiss Inc (DQWS)