For the quarter ending 2025-09-30, DQWS has $800,748 in assets. $652,155 in debts. $367,519 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Tax recoverable | - | 686 | ||
| Cash and cash equivalents (including 148,167 and 137,152 of time deposits as of september 30, 2025 and december 31, 2024 respectively) | 367,519 | 580,951 | ||
| Accounts receivable | 38,423 | 55,443 | ||
| Other receivables, prepaid expenses and deposits | 39,870 | 18,677 | ||
| Inventories | 4,025 | 4,296 | ||
| Total current assets | 449,837 | 660,053 | ||
| Total plant and equipment | 373,811 | - | ||
| Accumulated depreciation | 176,689 | - | ||
| Effect of translation exchange | 2,846 | - | ||
| Plant and equipment, net | 194,276 | 128,970 | ||
| Intangible assets, net | 621 | 873 | ||
| Operating lease right-of-use assets, net | 156,014 | 161,826 | ||
| Total non-current assets | 350,911 | 291,669 | ||
| Total assets | 800,748 | 951,722 | ||
| Accounts payable (including 0 and 818 payable to a related party as of september 30, 2025 and december 31, 2024 respectively) | 147,924 | 200,948 | ||
| Other payables and accrued liabilities (including 1,500 and 3,000 of general and administrative expenses payable to a related party as of september 30, 2025 and december 31, 2024 respectively) | 216,111 | 243,475 | ||
| Finance lease liability | 33,543 | 4,821 | ||
| Operating lease liability | 14,119 | 20,035 | ||
| Tax payable | 1,543 | 0 | ||
| Total current liabilities | 413,240 | 469,279 | ||
| Finance lease liability | 97,020 | 90,577 | ||
| Operating lease liability | 141,895 | 141,791 | ||
| Total non-current liabilities | 238,915 | 232,368 | ||
| Total liabilities | 652,155 | 701,647 | ||
| Common stock, 0.0001 par value, 600,000,000 shares authorized, 206,904,585 shares issued and outstanding as of september 30, 2025 and december 31, 2024 respectively | 20,690 | 20,690 | ||
| Additional paid-in capital | 1,395,426 | 1,395,426 | ||
| Accumulated other comprehensive income | 47,434 | 51,025 | ||
| Accumulated deficit | -1,314,957 | -1,217,066 | ||
| Total stockholders equity | 148,593 | 250,075 | ||
| Total liabilities and stockholders equity | 800,748 | 951,722 | ||
DSwiss Inc (DQWS)
DSwiss Inc (DQWS)