For the quarter ending 2025-09-30, GEVI has $12,264,416 in assets. $3,754,734 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 6,195,974 | 2,327,087 | ||
| Accounts receivable, net | 508,175 | 653,995 | ||
| Inventory | 467,317 | 409,923 | ||
| Prepaid expenses and other current assets | 87,068 | 206,370 | ||
| Deferred offering costs | 0 | 185,327 | ||
| Total current assets | 7,258,534 | 3,782,702 | ||
| Intangible assets, net | 3,513,542 | 3,575,525 | ||
| Operating lease right-of-use asset | 791,231 | 828,513 | ||
| Equipment, net | 664,118 | 465,511 | ||
| Security deposit | 36,991 | 36,991 | ||
| Total non-current assets | 5,005,882 | 4,906,540 | ||
| Total assets | 12,264,416 | 8,689,242 | ||
| Accounts payable and accrued liabilities | 705,489 | 532,985 | ||
| Deferred revenue | 6,000 | 94,860 | ||
| Convertibles notes, net of discount | 63,120 | 277,593 | ||
| Convertibles notes, net of discount - related parties | 1,847,550 | 932,002 | ||
| Due to related parties | 160,693 | - | ||
| Financing loan - current portion | 47,603 | 0 | ||
| Derivative liability | 0 | 3,733,000 | ||
| Due to related parties | - | 95,747 | ||
| Operating lease liability - current portion | 143,173 | 138,810 | ||
| Total current liabilities | 2,973,628 | 5,804,997 | ||
| Financing loan | 125,149 | - | ||
| Operating lease liability | 655,957 | 693,652 | ||
| Total liabilities | 3,754,734 | 6,498,649 | ||
| Series a preferred stock, par value 0.0001, designated 10,000,000 shares, 1,666,667 shares issued and outstanding-Series APreferred Stocks | 167 | - | ||
| Series a preferred stock, par value 0.0001, designated 10,000,000 shares, 1,666,667 shares issued and outstanding-Series CConvertible Preferred Stock | 76 | 204 | ||
| Preferred stock, value-Series AConvertible Preferred Stock | - | 1,000 | ||
| Common stock, par value 0.0001, authorized 1,000,000,000 shares, 17,702,912 and 6,140,264 shares issued and 17,552,912 and 6,140,264 shares outstanding, respectively | 1,770 | 6,609 | ||
| Additional paid-in capital | 115,609,688 | 101,355,591 | ||
| Accumulated deficit | -107,102,019 | -99,172,811 | ||
| Total stockholders' equity | 8,509,682 | 2,190,593 | ||
| Total liabilities and stockholders' equity | 12,264,416 | 8,689,242 | ||
General Enterprise Ventures, Inc. (GEVI)
General Enterprise Ventures, Inc. (GEVI)