FRGT: the balance sheet

MyFinsight

For the quarter ending 2025-06-30, FRGT has $17,060,367 in assets. $8,276,987 in debts. $586,658 in cash and cash equivalents.

Unit: Dollar

Balance Sheets	2025-06-30
Property and equipment, net	9,441
Cryptocurrencies	8,376,410
Capitalized software, net	564,423
Unbilled receivables	846,784
Prepaid expenses and other current assets	1,052,777
Cash and cash equivalents	586,658
Accounts receivable, net	5,610,917
Total current assets	8,097,136
Other long-term assets	0
Other intangible assets, net	5,139
Security deposits	7,818
Total assets	17,060,367

Accrued expenses	1,143,820
Income tax payable	297,363
Short-term borrowings	4,851,762
Insurance financing payable	109,922
Convertible debt	500,000
Accounts payable	1,374,120
Total current liabilities	8,276,987
Total liabilities	8,276,987
Accumulated deficit	-45,869,587
Preferred stock, value-Series BPreferred Stock	126
Preferred stock, value-Series APreferred Stock	606
Preferred stock, value-Series Seed Preferred Stock	0
Ordinary shares, no par value, unlimited shares authorized 2,652,322 and 546,269 shares issued and outstanding at june 30, 2025 and december 31, 2024, respectively	0
Additional paid-in capital	55,638,285
Accumulated other comprehensive loss	-986,050
Total stockholders equity (deficit)	8,783,380
Total liabilities and stockholders equity (deficit)	17,060,367