IMG: the balance sheet

MyFinsight

For the quarter ending 2025-06-30, IMG has $13,309,302 in assets. $2,671,985 in debts. $35,958 in cash and cash equivalents.

Unit: Dollar

Balance Sheets	2025-06-30	2025-03-31	2024-12-31
Cash & cash equivalent	35,958	2,404	124,715
Accounts receivable, net	75,630	79,941	-
Inventories, net	11,882,544	12,751,596	4,608,307
Assets held for sale-current	-	-	10,736
Prepaid expenses and other current assets	1,248,957	184,456	291,162
Total current assets	13,243,089	13,018,397	5,034,920
Property and equipment, net	2,318	2,468	1,997
Right-of-use asset - operating lease	6,395	16,446	58,397
Intangible assets, net	57,500	65,000	72,500
Total non-current assets	66,213	83,914	132,894
Total assets	13,309,302	13,102,311	5,167,814

Accounts payable and accrued expenses	1,628,598	1,535,087	1,820,200
Short term loan	433,512	433,511	433,512
Current portion of lease liability - operating lease	3,476	14,574	58,303
Convertible note-Nonrelated Party	-	-	678,308
Other payables-related party	39,000	28,500	18,000
Other current liabilities	567,399	469,217	631,921
Total current liabilities	2,671,985	2,480,889	3,640,244
Total liabilities	2,671,985	2,480,889	3,640,244
36,397,418 and 4,978,245 shares issued and outstanding as of june 30, 2025 and september 30 2024, respectively	364	302	107
Additional paid in capital	96,353,118	95,166,878	85,167,073
Subscription receivable	616,474	438,701	-
Accumulated deficit	-85,335,700	-84,266,527	-83,880,971
Accumulated other comprehensive income	254,766	178,844	241,361
Total shareholders equity of the company	10,656,074	10,640,796	1,527,570
Non-controlling interests	-18,757	-19,374	-
Total stockholders equity	10,637,317	10,621,422	-
Total liabilities and stockholders equity	13,309,302	13,102,311	5,167,814