For the quarter ending 2025-09-30, HCMC has $1,525,134 in assets. $4,859,028 in debts. $1,121,597 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalent | 1,121,597 | 1,119,875 | ||
| Accounts receivable, net | 199 | - | ||
| Inventories | 38,040 | 32,246 | ||
| Prepaid expenses and vendor deposits | 53,302 | 59,011 | ||
| Other current assets | 4,810 | 5,500 | ||
| Restricted cash | 100,000 | 100,000 | ||
| Total current assets | 1,317,948 | 1,316,632 | ||
| Property, plant, and equipment, net of accumulated depreciation | 9,887 | 11,985 | ||
| Intangible assets, net of accumulated amortization | 166,682 | 177,589 | ||
| Right of use asset operating lease, net | 2,897 | 2,897 | ||
| Other assets | 27,720 | 28,500 | ||
| Total assets | 1,525,134 | 1,537,603 | ||
| Line of credit | - | 0 | ||
| Accounts payable and accrued expenses | 1,679,005 | 1,803,717 | ||
| Operating lease liability, current | 2,116 | 2,896 | ||
| Due to related party | 3,177,907 | 2,111,354 | ||
| Total current liabilities | 4,859,028 | 3,917,967 | ||
| Operating lease liability, net of current | - | 0 | ||
| Total liabilities | 4,859,028 | 3,917,967 | ||
| Series e redeemable convertible preferred stock, 1,000 par value per share, 14,722 shares authorized, 1,111 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively aggregate liquidation preference of 1.1 million as of september 30, 2025 and december 31, 2024, respectively | 1,111,100 | 1,111,100 | ||
| Common stock, 0.0001 par value per share, 750,000,000,000 shares authorized 481,266,632,384 and 478,266,632,384 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively | 48,126,663 | 48,126,663 | ||
| Additional paid-in capital | 28,715,524 | 27,592,941 | ||
| Accumulated deficit | -81,287,181 | -79,211,068 | ||
| Total stockholders deficit | -4,444,994 | -3,491,464 | ||
| Total liabilities, convertible preferred stock and stockholders deficit | 1,525,134 | 1,537,603 | ||
Healthier Choices Management Corp. (HCMC)
Healthier Choices Management Corp. (HCMC)