For the quarter ending 2026-03-31, ISPC has $6,609,658 in assets. $5,795,620 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 2,818,989 | 6,880,835 | 2,782,758 | 588,775 |
| Accounts receivable and other receivables, net of allowance for doubtful accounts of 646,436 and 646,067 at march 31, 2026 and december 31, 2025, respectively | 132,848 | 48,298 | 120,931 | 372,469 |
| Prepaid expenses and other current assets | 532,192 | 25,457 | 698,122 | 204,926 |
| Total current assets | 3,484,029 | 6,954,590 | 3,601,811 | 1,166,170 |
| Property and equipment, gross | 436,082 | 436,082 | 436,082 | - |
| Accumulated depreciation | 412,948 | 410,539 | 393,416 | - |
| Property and equipment, net | 23,134 | 25,543 | 42,666 | 59,789 |
| Internally developed software, net | 2,836,481 | 1,270,017 | 4,483,800 | 3,876,518 |
| Other intangible assets, net | - | - | 573,034 | 620,923 |
| Intangible assets under development | - | 1,000,000 | - | - |
| Operating lease right-of-use asset | 253,914 | 269,160 | 284,146 | 299,001 |
| Security deposits | 12,100 | 12,100 | 12,100 | 12,100 |
| Total assets | 6,609,658 | 9,531,410 | 8,997,557 | 6,034,501 |
| Accounts payable | 4,707,393 | 5,362,604 | 4,771,026 | 4,315,010 |
| Accrued expenses | 643,503 | 619,242 | 716,878 | 645,567 |
| Operating lease current obligation | 59,032 | 56,925 | 54,904 | 46,982 |
| Deferred revenue | 189,735 | 192,535 | 155,506 | 164,066 |
| Total current liabilities | 5,599,663 | 6,231,306 | 5,698,314 | 5,171,625 |
| Operating lease long-term obligation | 195,957 | 211,873 | 226,532 | 240,903 |
| Total liabilities | 5,795,620 | 6,443,179 | 5,924,846 | 5,412,528 |
| Common stock, 0.0001 par value, 200,000,000 shares authorized, 741,595 issued and 741,556 outstanding at march 31, 2026 and 212,004 issued and 211,965 outstanding at december 31, 2025 | 2,967 | 848 | 977 | 250 |
| Series c convertible preferred stock, 0.0001 par value 50,000,000 shares authorized, 6,875 issued and outstanding at december 31, 2025 and nil issued and outstanding as at december 31, 2024 | - | 1 | - | - |
| Additional paid-in capital | 85,436,613 | 85,437,703 | 80,420,810 | 75,190,151 |
| Treasury stock, 39 shares at march 31, 2026 and december 31, 2025, at cost | 172 | 172 | 172 | 172 |
| Accumulated other comprehensive income | - | - | - | 0 |
| Accumulated deficit | -84,625,370 | -82,350,149 | -77,348,904 | -74,568,256 |
| Total stockholders equity | 814,038 | 3,088,231 | 3,072,711 | 621,973 |
| Total liabilities and stockholders equity | 6,609,658 | 9,531,410 | 8,997,557 | 6,034,501 |