GLXZ: the balance sheet

MyFinsight

For the year ending 2025-12-31, GLXZ has $27,500,619 in assets. $44,974,894 in debts. $4,306,683 in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	4,306,683
Accounts receivable, net of allowance of 241,283 and 154,729, respectively	5,742,383
Income tax receivable	126,311
Prepaid expenses	1,394,462
Total current assets	11,569,839
Property and equipment, gross	534,028
Less accumulated depreciation	415,913
Property and equipment, net	118,115
Operating lease right-of-use assets	280,429
Assets deployed at client locations, net	4,125,723
Goodwill	1,091,000
Other intangible assets, gross	36,219,696
Less accumulated amortization	25,993,913
Other intangible assets, net	10,225,783
Other assets	89,730
Total assets	27,500,619

Accounts payable	1,876,338
Accrued expenses	3,178,328
Current portion of operating lease liabilities	298,006
Current portion of long-term debt	2,416,108
Revenue contract liability	286,221
Total current liabilities	8,055,001
Long-term operating lease liabilities	2,944
Long-term debt and liabilities, net	36,867,804
Deferred tax liabilities, net	49,145
Total liabilities	44,974,894
Common stock, 65,000,000 shares authorized 0.001 par value 25,354,623 and 25,115,299 shares issued and outstanding, respectively	25,354
Additional paid-in capital	20,663,931
Accumulated deficit	-38,267,617
Accumulated other comprehensive income (loss)	104,057
Total stockholders deficit	-17,474,275
Total liabilities and stockholders deficit	27,500,619

Unit: Dollar.