ISPC: the balance sheet

MyFinsight

For the year ending 2025-12-31, ISPC has $9,531,410 in assets. $6,443,179 in debts. $6,880,835 in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	6,880,835
Accounts receivable and other receivables, net of allowance for doubtful accounts of 646,067 and 620,433 at december 31, 2025 and 2024, respectively	48,298
Prepaid expenses and other current assets	25,457
Total current assets	6,954,590
Property and equipment, gross	436,082
Accumulated depreciation	410,539
Property and equipment, net	25,543
Internally developed software, net	1,270,017
Intangible assets under development	1,000,000
Operating lease right-of-use asset	269,160
Security deposits	12,100
Total assets	9,531,410

Accounts payable	5,362,604
Accrued expenses	619,242
Operating lease current obligation	56,925
Deferred revenue	192,535
Total current liabilities	6,231,306
Operating lease long-term obligation	211,873
Total liabilities	6,443,179
Common stock, 0.0001 par value, 200,000,000 shares authorized, 8,480,147 issued and 8,478,597 outstanding at december 31, 2025 and 1,698,454 issued and 1,696,904 outstanding at december 31, 2024	848
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	85,437,703
Treasury stock, 1,550 shares at december 31, 2025 and 2024, at cost	172
Accumulated deficit	-82,350,149
Total stockholders equity	3,088,231
Total liabilities and stockholders equity	9,531,410

Unit: Dollar.