ispc: the balance sheet

MyFinsight

For the quarter ending 2025-06-30, ISPC has $6,034,501 in assets. $5,412,528 in debts.

Unit: Dollar

Balance Sheets	2025-06-30
Property and equipment, net	59,789
Prepaid expenses and other current assets	204,926
Cash and cash equivalents	588,775
Accounts receivable, net of allowance for doubtful accounts of 638,012 and 620,433 at june 30, 2025 and december 31, 2024, respectively	372,469
Total current assets	1,166,170
Security deposits	12,100
Other intangible assets, net	620,923
Operating lease right-of-use asset	299,001
Internally developed software, net	3,876,518
Total assets	6,034,501

Operating lease current obligation	46,982
Deferred revenue	164,066
Accrued expenses	645,567
Accounts payable	4,315,010
Total current liabilities	5,171,625
Operating lease long-term obligation	240,903
Total liabilities	5,412,528
Treasury stock, 1,550 shares at june 30, 2025 and december 31, 2024, at cost	172
Accumulated deficit	-74,568,256
Common stock, 0.0001 par value, 200,000,000 shares authorized, 2,498,423 issued and 2,496,873 outstanding at june 30, 2025 and 1,698,454 issued and 1,696,904 outstanding at december 31, 2024	250
Additional paid-in capital	75,190,151
Accumulated other comprehensive income	0
Total stockholders equity	621,973
Total liabilities and stockholders equity	6,034,501