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Current portion of notereceivable$64,950,000 Accrued interestreceivable$1,063,086 Cash and cashequivalents$164,293 Prepaid expenses andother current assets$131,083 Long-term notereceivable, net of currently...$21,650,000 Contract asset$2,394,598 Property and equipment$1,890,000 Patents$306,995 Right-of-use operating leaseasset, related party$297,897 Total current assets$66,308,462 Total other assets$26,539,490 Total assets$92,847,952 Total liabilities andshareholders' equity$92,847,952 Total shareholders'equity$72,752,820 Total liabilities$20,095,132 Retained earnings$57,615,264 Additional paid-in capital$15,110,991 Common stock,value-Common Class B$19,620 Common stock,value-Common Class A$6,945 Net deferred taxliability$17,755,888 Total currentliabilities$2,339,244 Line of credit,related party$1,800,000 Operating leaseobligation, related party$397,897 Payables to relatedparties$82,082 Accounts payable$36,021 Accrued and otherliabilities$23,244
Balance Sheet

Independence Power Holdings, Inc. (ITXP)

Independence Power Holdings, Inc. (ITXP)

source: myfinsight.com