For the quarter ending 2025-06-30, GWAV has $64,122,691 in assets. $26,172,440 in debts.
| Balance Sheets | 2025-06-30 | 2025-03-31 | ||
|---|---|---|---|---|
| Cash | 5,291,625 | 5,501,755 | ||
| Inventories, net | 1,138,232 | 4,555,050 | ||
| Accounts receivable, net of allowance for doubtful accounts | 2,214,204 | 2,277,869 | ||
| Prepaid expenses | 1,332,893 | 288,445 | ||
| Total current assets | 9,976,954 | 12,623,119 | ||
| Property and equipment, net-Nonrelated Party | 26,983,996 | 26,254,138 | ||
| Property and equipment, net-Related Party | 11,057,698 | 11,448,399 | ||
| Operating lease right of use assets, net | 617,525 | 968,066 | ||
| Intangible assets, net-License | 13,296,250 | 13,828,100 | ||
| Intangible assets, net-Customer List | 1,399,375 | 1,455,350 | ||
| Intangible assets, net-Intellectual Property | 759,000 | 910,800 | ||
| Security deposit | 31,893 | 31,893 | ||
| Total assets | 64,122,691 | 67,519,865 | ||
| Bank overdraft | 47,343 | 459,501 | ||
| Accounts payable and accrued expenses | 6,426,500 | 5,421,674 | ||
| Accrued payroll and related expenses | 3,946,412 | 3,946,410 | ||
| Non-convertible notes payable, current portion, net of unamortized debt discount of 315,374 and 633,396, respectively | 2,101,647 | 2,344,320 | ||
| Stock subscription payable | - | 1,334,800 | ||
| Related party note payable-Related Party | 5,391,859 | 5,391,859 | ||
| Due to related parties-Related Party | 1,323,106 | 862,266 | ||
| Operating lease obligations, current portion | 272,656 | 341,246 | ||
| Total current liabilities | 19,509,523 | 20,102,076 | ||
| Operating lease obligations, less current portion | 346,727 | 702,355 | ||
| Non-convertible notes payable, net of unamortized debt discount of 1,799,559 and 1,076,554, respectively | 6,316,190 | 5,182,384 | ||
| Total liabilities | 26,172,440 | 25,986,815 | ||
| Preferred stock, value-Series A1Preferred Stock | 450 | 450 | ||
| Common stock, 0.001 par value, 1,200,000,000 shares authorized 556,087 and 237,191 shares issued and outstanding, respectively | 556 | 520 | ||
| Additional paid in capital | 546,844,893 | 545,510,129 | ||
| Accumulated deficit | -508,895,648 | -503,978,049 | ||
| Total stockholders equity | 37,950,251 | 41,533,050 | ||
| Total liabilities and stockholders equity | 64,122,691 | 67,519,865 | ||
Greenwave Technology Solutions, Inc. (GWAV)
Greenwave Technology Solutions, Inc. (GWAV)