ISPOW: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, ISPOW has $228,286K in assets. $362,263K in debts. $13,715K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	13,715	16,724
Restricted cash	13,072	13,045
Accounts receivable, net	2,944	3,451
Accounts receivable, net related parties	0	0
Prepaid member travel	12,229	12,445
Prepaid expenses	2,486	3,321
Other current assets	1,423	1,613
Total current assets	45,869	50,599
Right-of-use assets	147,323	165,546
Goodwill	21,233	21,233
Property and equipment, net	9,848	10,828
Other noncurrent assets	4,013	4,436
Total assets	228,286	252,642

Accounts payable and accrued liabilities-Nonrelated Party	25,342	25,115
Accounts payable and accrued liabilities-Related Party	287	189
Deferred revenue	117,668	115,786
Lease liabilities	50,053	52,168
Total current liabilities	193,350	193,258
Deferred revenue, noncurrent	35,072	38,752
Lease liabilities, noncurrent	106,481	123,876
Convertible note	24,081	23,225
Other noncurrent liabilities	3,279	3,227
Total liabilities	362,263	382,338
Common stock, value-Common Class A	1	1
Common stock, value-Common Class B	0	0
Common stock, value-Common Class V	0	0
Additional paid-in capital	165,410	165,170
Accumulated deficit	-299,388	-294,867
Total deficit	-133,977	-129,696
Total liabilities and deficit	228,286	252,642

Unit: Thousand (K) dollars