For the quarter ending 2025-09-30, ECDA has $12,446,559 in assets. $25,885,330 in debts. $157,682 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | 2024-12-31 | |
|---|---|---|---|---|
| Cash and cash equivalents | 157,682 | 605,305 | 1,476,850 | |
| Accounts receivable, net | 847,559 | 606,355 | 45,022 | |
| Inventories | 3,789,194 | 7,918,552 | 11,181,806 | |
| Prepaid and other current assets | 1,847,940 | 211,141 | 239,864 | |
| Total current assets | 6,642,375 | 9,341,353 | 12,943,542 | |
| Goodwill | 1,291,098 | 1,291,098 | 1,291,098 | |
| Property and equipment | 773,329 | 773,329 | 773,329 | |
| Less accumulated depreciation | 359,678 | 336,072 | 289,451 | |
| Property and equipment, net | 413,651 | 437,257 | 483,878 | |
| Intangible asset, net | 5,250 | 7,500 | 12,000 | |
| Right-of-use assets | 4,033,985 | 3,218,074 | 3,404,983 | |
| Deposit | 60,200 | 60,200 | 60,200 | |
| Total assets | 12,446,559 | 14,355,482 | 18,195,701 | |
| Accounts payable | 2,902,327 | 1,966,179 | 2,494,664 | |
| Notes payable | - | 1,762,699 | - | |
| Accrued expenses | 1,333,958 | 1,704,981 | 1,686,598 | |
| Customer deposits and deferred revenue | 6,893,657 | 8,969,670 | 11,802,825 | |
| Floor plan payable | - | - | 1,212,000 | |
| Other payables | - | 885,325 | - | |
| Lease liability, current | 535,248 | 354,576 | 353,612 | |
| Floor plan payable | 85,000 | - | - | |
| Other payable | - | - | 1,364,222 | |
| Floor plan payable | - | 498,320 | - | |
| Other payables | 899,075 | - | - | |
| Total current liabilities | 12,649,265 | 16,141,750 | 18,913,921 | |
| Warrant liabilities, at fair value | - | 589 | 486,559 | |
| Conversion option, at fair value | - | - | 313,191 | |
| Lease liability, non-current | 3,856,963 | 3,199,502 | 3,373,571 | |
| Convertible notes, net of debt discount | 9,350,860 | 18,142,482 | 14,085,932 | |
| Derivative liabilities-Warrant Liabilities | 28,225 | - | - | |
| Conversion option, at fair value | - | 1,219 | - | |
| Derivative liabilities-Conversion Option | 17 | - | - | |
| Total liabilities | 25,885,330 | 37,485,542 | 37,173,174 | |
| Series a preferred stock, 0.0001 par value, 20,000,000 authorized shares 375 and 162 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively-Series APreferred Stock | 2 | - | - | |
| Preferred stock-Series BPreferred Stock | 0 | 0 | - | |
| Series a preferred stock, 0.0001 par value, 20,000,000 authorized shares 15,000 and 6,500 shares issued and outstanding as of june 30, 2025 and december 31, 2024, respectively | - | 2 | 1 | |
| Preferred stock-Series CPreferred Stock | 0 | 0 | - | |
| Common stock, 0.0001 par value, 1,000,000,000 authorized shares 1,539,644 shares and 912,262 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively | 154 | 4,758 | 3,650 | |
| Additional paid-in capital | 12,906,451 | 5,445,078 | 2,576,498 | |
| Other comprehensive income | -6,696 | -8,361 | -6,696 | |
| Accumulated deficit | -26,338,682 | -28,571,537 | -21,550,926 | |
| Total stockholders deficit | -13,438,773 | -23,130,062 | -18,977,474 | |
| Total liabilities, redeemable preferred stock and stockholders deficit | 12,446,559 | 14,355,482 | 18,195,701 | |
ECD Automotive Design, Inc. (ECDA)
ECD Automotive Design, Inc. (ECDA)