FRQN: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, FRQN has $102,291 in assets. $5,709,550 in debts.

Unit: Dollar

Balance Sheets	2025-09-30
Cash	30,155
Accounts receivable, net	38,050
Prepaid expenses	34,086
Total current assets	102,291
Total assets	102,291

Due to financial institutions	0
Seller notes and loans payable, related parties current	0
Term note payable, related parties	0
Officer life insurance liability, current portion	0
Lease liability, current portion	0
Accounts payable and accrued expenses	557,241
Accrued interest	249,194
Due to officer	210,008
Other loans and notes payable	263,166
Convertible notes payable, net of debt discount	1,383,135
Derivative liability	2,010,092
Total current liabilities	4,672,836
Officer life insurance premium, non-current portion	0
Dividend payable, preferred stock series c & d	1,036,714
Total non-current liabilities	1,036,714
Total liabilities	5,709,550
Temporary equity - preferred series a stock to be issued	357,022
Common stock to be issued	37,088
Preferred stock to be issued	2,440,950
Preferred stock, value, issued-Series CDPreferred Stocks	1,000
Common stock 0.001 par value 2,500,000,000 shares authorized 1,107,314,007 and 384,088,943 shares issued and outstanding at september30, 2025 and december31, 2024, respectively	1,107,316
Additional paid in capital	2,205,547
Accumulated deficit	-11,756,230
Preferred stock, value, issued-Series APreferred Stocks	48
Total stockholders deficit	-5,964,281
Total liabilities & stockholders deficit	102,291

Unit: Dollar