EMMA: the balance sheet

MyFinsight

For the year ending 2025-12-31, EMMA has $21,436K in assets. $85,044K in debts. $2,127K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	2,127
Accounts receivable, net	2,804
Inventories, net	1,555
Prepaid expenses and other current assets	1,260
Total current assets	7,746
Property and equipment, gross	469
Less accumulated depreciation	356
Property and equipment, net	113
Right of use assets	766
Investment in convertible bond	12,604
Other assets	207
Total assets	21,436

Accounts payable and accrued expenses	22,615
Operating lease liabilities, current portion	348
Conversion feature derivative, notes payable	0
Other current liabilities	17,565
Warrant derivative liabilities	13
Notes payable, current portion, net of discount-Nonrelated Party	8,019
Notes payable, current portion, net of discount-Related Party	3,132
Convertible notes payable, net of discount	17,380
Total current liabilities	69,072
Operating lease liabilities, less current portion	1,409
Other long-term liabilities	12,292
Notes payable, less current portion, net of discount	2,271
Total liabilities	85,044
Common stock, par value 0.001 per share, 250,000,000 shares authorized, 70,188,263 and 63,865,571 shares issued and outstanding at december 31, 2025 and december 31, 2024, respectively	70
Additional paid-in capital	225,987
Net loan receivable from ej holdings	16,869
Accumulated other comprehensive loss	-2,729
Accumulated deficit	-270,067
Total stockholders' deficit	-63,608
Total liabilities and stockholders' deficit	21,436

Unit: Thousand (K) dollars (except for numbers of shares and EPS).