INKT: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, INKT has $10,376,972 in assets. $9,525,676 in cash and cash equivalents.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	9,525,676	13,360,340	14,281,212	1,681,915
Prepaid expenses	264,521	276,431	253,077	274,079
Other current assets	232,257	211,202	32	55,208
Total current assets	10,022,454	13,847,973	14,534,321	2,011,202
Equipment, net of accumulated depreciation of 647,801 and 612,245 at march 31, 2026 and december 31, 2025, respectively	354,518	390,869	429,344	473,215
Total assets	10,376,972	14,238,842	14,963,665	2,484,417

Accounts payable	3,391,418	3,425,314	3,693,115	3,314,839
Accrued liabilities	1,326,265	1,579,147	1,256,965	1,861,464
Related party note	0	5,179,444	5,725,267	5,506,346
Other current liabilities	2,569,742	2,847,543	2,758,207	2,480,916
Total current liabilities	7,287,425	13,031,448	13,433,554	13,163,565
Related party note	-	-	0	0
Due to related parties	15,775,536	15,435,053	15,043,093	14,510,167
Common stock, par value 0.00001 per share 150,000,000 shares authorized 4,968,794 and 4,706,246 shares issued at march 31, 2026 and december 31, 2025, respectively	51	48	46	40
Additional paid-in capital	147,429,749	143,167,204	141,252,978	126,716,146
Accumulated other comprehensive loss	-697,426	-718,916	-692,114	-719,318
Accumulated deficit	-159,418,363	-156,675,995	-154,073,892	-151,186,183
Total stockholders' deficit	-12,685,989	-14,227,659	-13,512,982	-25,189,315
Total liabilities and stockholders' deficit	10,376,972	14,238,842	14,963,665	2,484,417

Unit: Dollar. Numbers labeled with * are estimated quarterly values.