FLD: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, FLD has $190,966,112 in assets. $96,276,871 in debts. $6,663,463 in cash and cash equivalents.

Unit: Dollar

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	6,663,463	6,609,719
Accounts receivable, net	289,940	697,560
Inventories	366,049	330,302
Digital assets - rewards treasury	9,295,587	9,369,298
Prepaid expenses and other current assets	2,460,384	3,644,514
Total current assets	19,075,423	20,651,393
Digital assets - investment treasury	170,392,495	159,861,386
Capitalized software development costs, net	1,188,750	1,236,977
Deferred transaction costs	0	0
Other non-current assets	309,444	353,250
Total assets	190,966,112	182,103,006

Accounts payable	1,051,437	1,308,838
Accrued expenses and other current liabilities	2,221,132	1,922,347
December 2024 convertible note, net	0	0
Customer rewards liability	9,295,587	9,369,298
Deferred revenue	382,983	290,517
Total current liabilities	12,951,139	12,891,000
Deferred revenue, long-term	440,013	451,793
June 2025 convertible note, net	21,644,139	21,818,603
March 2025 convertible note - related party	60,750,183	58,123,251
Simple agreements for future equity ('safes')	0	0
Other non-current liabilities	491,397	293,114
Total liabilities	96,276,871	93,577,761
Common stock, 0.0001 par value 600,000,000 shares authorized, 48,720,405 shares issued and48,018,545 shares outstanding at september 30, 2025 and 5,836,882 shares issued and outstanding at december 31, 2024	4,873	4,658
Additional paid-in-capital	230,932,280	225,322,741
Accumulated deficit	-136,247,912	-136,802,154
Total stockholders' equity (deficit)	94,689,241	88,525,245
Total liabilities and stockholders' equity	190,966,112	182,103,006

Unit: Dollar