For the quarter ending 2025-09-30, FSTJ has $6,648,090 in assets. $7,516,075 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 399,894 | 150,805 | ||
| Accounts receivable, net | 2,532,474 | 2,655,845 | ||
| Accounts receivable, related party, first america metal corp | 220,401 | 349,822 | ||
| Prepaid expenses | 4,500 | 81,820 | ||
| Total current assets | 3,157,269 | 3,238,292 | ||
| Property and equipment, net | 381,941 | 310,908 | ||
| Right of use assets | 1,857,481 | 2,152,557 | ||
| Goodwill | 750,000 | 750,000 | ||
| Deposits | 501,399 | 475,875 | ||
| Total long term assets | 3,490,821 | 3,689,340 | ||
| Total assets | 6,648,090 | 6,927,632 | ||
| Accounts payable | 2,204,436 | 1,985,679 | ||
| Accounts payable, related party, first america metal corp | 1,166,883 | 1,519,183 | ||
| Accrued expenses | 31,045 | 31,645 | ||
| Accrued interest | 66,635 | 49,260 | ||
| Lease liability, current portion | 905,104 | 1,073,665 | ||
| Financed insurance policy | 0 | 49,956 | ||
| Notes payable, current portion | 1,456,515 | 1,540,768 | ||
| Total current liabilities | 5,830,618 | 6,250,156 | ||
| Lease liability, net of current portion | 1,018,780 | 1,152,323 | ||
| Notes payable, net of current portion | 666,677 | 606,899 | ||
| Total liabilities | 7,516,075 | 8,009,378 | ||
| Common stock 0.001 par value 500,000,000 authorized 87,964,090 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively | 87,964 | 87,964 | ||
| Additional paid-in capital | 1,756,960 | 1,756,960 | ||
| Accumulated deficit | -2,712,909 | -2,926,670 | ||
| Total stockholders' deficit | -867,985 | -1,081,746 | ||
| Total liabilities and stockholders' deficit | 6,648,090 | 6,927,632 | ||
First America Resources Corp (FSTJ)
First America Resources Corp (FSTJ)