IPW: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, IPW has $28,592,294 in assets. $10,674,794 in debts.

Unit: Dollar

Balance Sheets	2025-09-30
Cash and cash equivalent	903,975
Accounts receivable, net	5,106,192
Inventories, net	4,332,605
Prepayments and other current assets, net	1,491,528
Total current assets	11,834,300
Right of use assets - non-current	3,603,165
Property and equipment, net	350,972
Deferred tax assets, net	3,916,706
Goodwill	3,034,110
Investment in joint ventures	678,706
Intangible assets, net	2,818,986
Other non-current assets	2,355,349
Total non-current assets	16,757,994
Total assets	28,592,294

Accounts payable, net	3,603,377
Other payables and accrued liabilities	1,176,041
Lease liabilities - current	1,389,834
Short-term loan payable - related party	500,000
Revolving loan payable, net	1,449,438
Income taxes payable	0
Total current liabilities	8,118,690
Lease liability - non-current	2,556,104
Total non-current liabilities	2,556,104
Total liabilities	10,674,794
Common stock, 0.001 par value 180,000,000 shares authorized 1,049,790 and 1,045,330 shares issued and outstanding at september 30, 2025 and june 30, 2025	1,050
Additional paid in capital	33,631,399
Accumulated deficits	-15,732,537
Non-controlling interest	-47,462
Accumulated other comprehensive loss (income)	65,050
Total stockholders' equity	17,917,500
Total liabilities and stockholders' equity	28,592,294