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For the quarter ending 2026-03-31, GCAN has $1,439 in assets. $776,464 in debts.

Balance Sheets Overview

Debt to Asset Ratio
53958.58%
Unit: Dollar
Assets Breakdown
    • Cash
Liabilities Breakdown
    • Accumulated deficit
    • Additional paid-in capital
    • Common stock 2,000,000,000 share...
    • Others

Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Cash
1,439 815 21,355 26,712
Total current assets
1,439 815 21,355 26,712
Right of first refusal agreement cost (less accumulated amortization of 25,000 and 24,583)
---0
Total assets
1,439 815 21,355 26,712
Accounts payable
7,514 8,514 8,849 6,793
Accrued interest
--80,400 81,332
Notes payable to third parties
--13,775 14,157
Accrued officers compensation
500,350 470,350 460,350 430,350
Note default penalties and interest
--306,323 306,323
Loans payable to related parties
268,600 263,600 260,000 260,000
Total current liabilities and total liabilities
776,464 742,464 1,129,697 1,098,955
Preferred shares, value-Series AConvertible Preferred Stock
9,112 9,112 --
Preferred stock 19,000,000 shares authorized, .001 par valueseries a convertible preferred-issued and outstanding 9,111,998 and 9,111,998 shares, respectively
--9,112 9,112
Preferred shares, value-Series BConvertible Preferred Stock
1 1 --
Common stock 2,000,000,000 shares authorized, .001 par value, as of march 31, 2026 and december 31, 2025, there are 944,935 shares outstanding, respectively
1,349,933 1,349,933 1,349,889 1,349,889
Additional paid-in capital
2,891,262 2,891,262 2,862,371 2,862,371
Accumulated deficit
-5,025,333 -4,991,957 -5,329,714 -5,293,615
Total stockholders (deficiency)
-775,025 -741,649 -1,108,342 -1,072,243
Total liabilities and stockholders (deficiency)
1,439 815 21,355 26,712
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Cash$1,439 (-96.89%↓ Y/Y)Total current assets$1,439 (-96.89%↓ Y/Y)Total assets$1,439 (-96.89%↓ Y/Y)Accumulated deficit-$5,025,333 (-2.50%↓ Y/Y)Total liabilities andstockholders (deficiency)$1,439 (-96.89%↓ Y/Y)Total stockholders(deficiency)-$775,025 (19.51%↑ Y/Y)Additional paid-in capital$2,891,262 (-2.19%↓ Y/Y)Common stock2,000,000,000 shares...$1,349,933 (38.47%↑ Y/Y)Preferred shares,value-Series AConvertible...$9,112 Preferred shares,value-Series BConvertible...$1 Total currentliabilities and total...$776,464 (-23.05%↓ Y/Y)Accrued officerscompensation$500,350 (21.93%↑ Y/Y)Loans payable torelated parties$268,600 (3.31%↑ Y/Y)Accounts payable$7,514 (-6.59%↓ Y/Y)

Greater Cannabis Company, Inc. (GCAN)

Greater Cannabis Company, Inc. (GCAN)