fstj: the balance sheet

MyFinsight

For the quarter ending 2025-06-30, FSTJ has $6,927,632 in assets. $8,009,378 in debts.

Unit: Dollar

Balance Sheets	2025-06-30
Cash	150,805
Accounts receivable, net of allowance for doubtful accounts of 260,000 and 110,000, respectively	2,655,845
Accounts receivable, related party, first america metal corp	349,822
Prepaid expenses	81,820
Total current assets	3,238,292
Property and equipment, net	310,908
Right of use assets	2,152,557
Goodwill	750,000
Deposits	475,875
Total long term assets	3,689,340
Total assets	6,927,632

Accounts payable	1,985,679
Accounts payable, related party, first america metal corp	1,519,183
Accrued expenses	31,645
Accrued interest	49,260
Lease liability, current portion	1,073,665
Financed insurance policy	49,956
Notes payable, current portion	1,540,768
Total current liabilities	6,250,156
Lease liability, net of current portion	1,152,323
Notes payable, net of current portion	606,899
Total liabilities	8,009,378
Common stock 0.001 par value 500,000,000 authorized 87,964,090 shares issued and outstanding at june 30, 2025 and december 31, 2024, respectively	87,964
Additional paid-in capital	1,756,960
Accumulated deficit	-2,926,670
Total stockholders' deficit	-1,081,746
Total liabilities and stockholders' deficit	6,927,632