IBO: the balance sheet

MyFinsight

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Accounts receivable	0	5	15	NaN
Cash and cash equivalents	20	3	12	624
Inventory	63	63	485	486
Current portion of notes receivable	199	198	199	200
Prepaid expenses and other current assets	95	142	206	171
Total current assets	377	411	917	1,481
Property, plant and equipment, net	NaN	NaN	13	14
Other intangible assets, net	16,709	16,994	17,278	17,565
Notes receivable	NaN	NaN	NaN	0
Total assets	17,086	17,405	18,208	19,060

Note payable, related party	NaN	NaN	22,881	22,352
Accounts payable	374	347	576	554
Accrued expenses	210	194	336	266
Due to related party	1,103	621	NaN	NaN
Total current liabilities	1,687	1,162	23,793	23,172
Deferred tax liability, net	688	688	3,268	3,268
Total liabilities	2,375	1,850	27,061	26,440
Preferred stock, 0.001 par value 100,000,000 shares authorized, 60,496,041 shares issued and outstanding (60,496,041 on december 31, 2024) liquidation value 0.001 per share, 60,496,041 aggregate. 60,496,041 on december 31, 2024)	NaN	NaN	60	60
Common stock, 0.001 par value 4,000,000,000 shares authorized, 107,821,231 shares issued and outstanding on march 31, 2026 (104,621,231 on december 31, 2025)	108	105	12	12
Additional paid-in capital	63,150	62,011	42,871	42,870
Accumulated deficit	-51,794	-49,507	-54,752	-53,283
Total stockholders equity of the company	11,464	12,609	-11,809	-10,341
Non-controlling interest in subsidiaries	3,247	2,946	2,956	2,961
Total stockholders equity	14,711	15,555	-8,853	-7,380
Total liabilities and stockholders equity	17,086	17,405	18,208	19,060

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.