ITXP: the balance sheet

MyFinsight

For the year ending 2025-12-31, ITXP has $92,809,870 in assets. $19,355,914 in debts.

Balance Sheets	2025-12-31
Cash and cash equivalents	1,576,367
Accrued interest receivable	1,068,577
Current portion of note receivable	21,650,000
Prepaid expenses and other current assets	282,893
Total current assets	24,577,837
Right-of-use operating lease asset-related party	588,490
Property, machinery and equipment, net	588,490
Long-term note receivable, net of currently due	64,950,000
Contract asset	2,394,598
Patents	298,945
Total other assets	67,643,543
Total assets	92,809,870

Accounts payable	530,038
Payables to related parties	283,833
Accrued and other liabilities	11,577
Operating lease obligation, current portion-related party	588,490
Total current liabilities	1,413,938
Deferred tax liability	17,941,976
Total liabilities	19,355,914
Common stock, value-Common Class A	4,165
Common stock, value-Common Class B	22,400
Additional paid-in capital	10,446,991
Retained earnings (deficit)	62,980,400
Total shareholders' equity	73,453,956
Total liabilities and shareholders' equity	92,809,870

Unit: Dollar.