karx: the balance sheet

MyFinsight

For the quarter ending 2025-08-31, KARX has $7,441,798 in assets. $8,787,337 in debts.

Unit: Dollar

Balance Sheets	2025-08-31
Cash and cash equivalents	1,358,662
Accounts receivable, net	8,012
Inventories, net	847,017
Prepaid expenses and other current assets	194,413
Deposits	8,813
Investments in equity securities	142,922
Securities receivables	3,952,752
Total current assets	6,512,591
Property and equipment, net	5,373
Right of use asset, net	481,823
Other assets	10,695
Internally developed software, net	431,316
Total assets	7,441,798

Accounts payable	961,910
Deferred revenue	2,947,469
Related party loan	80,000
Other current liabilities	71,009
Payroll liabilities	27,913
Convertible notes payable, net of discounts	3,481,191
Convertible notes - interest payable	195,001
Embedded derivative	351,630
Receivables financing obligation	161,898
Current portion of lease liabilities	80,793
Total current liabilities	8,358,814
Non-current portion of lease liabilities	428,523
Total liabilities	8,787,337
Common stock 0.001 par value, 200,000,000 shares authorized, 86,973,148 and 81,992,857 shares issued and outstanding as of august 31, 2025 and may 31, 2025, respectively	86,974
Additional paid-in capital	13,029,618
Accumulated deficit	-14,587,068
Accumulated other comprehensive gain (loss)	124,937
Total stockholders' equity	-1,345,539
Total liabilities and stockholders' equity	7,441,798