IHT: the balance sheet

MyFinsight

For the year ending 2026-01-31, IHT has $13,980,021 in assets. $14,977,863 in debts.

Balance Sheets	2026-01-31
Cash	350,200
Accounts receivable	96,924
Employee retention credit receivable	1,233,527
Prepaid expenses and other current assets	137,378
Total current assets	1,818,029
Property and equipment, net	6,756,249
Notes receivable (net)	1,925,000
Operating lease right of use	2,045,563
Convertible note receivable	1,000,000
Investment in private company stock	435,180
Total assets	13,980,021

Accounts payable and accrued expenses	847,752
Current portion of mortgage notes payable, net of discount	1,320,719
Current portion of other notes payable	470,000
Current portion of operating lease liability	28,154
Total current liabilities	2,666,625
Notes payable - related party	2,645,088
Mortgage notes payable, net of discount	7,491,309
Operating lease liability, net of current portion	2,174,841
Total liabilities	14,977,863
Shares of beneficial interest, without par value, unlimited authorization 9,331,544 and 8,988,804 shares issued and 9,331,544 and 8,763,485 shares outstanding at january 31, 2026 and january 31, 2025, respectively	2,966,285
Total trust shareholders equity	2,966,285
Non-controlling interest	-3,964,127
Total equity/(deficit)	-997,842
Total liabilities and equity	13,980,021

Unit: Dollar.