KBLB: the balance sheet

MyFinsight

For the year ending 2025-12-31, KBLB has $2,565,540 in assets. $10,564,498 in debts. $1,790,236 in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	1,790,236
Inventory	29,067
Prepaid expenses	49,338
Total current assets	1,868,641
Property and equipment, net	25,003
Investment in gold bullions (cost 241,120 and 450,216, respectively)	494,259
Operating lease right-of-use asset, net	170,463
Security deposit	7,174
Total assets	2,565,540

Accounts payable and accrued expenses-Nonrelated Party	505,111
Note payable - related party-Related Party	1,492,000
Royalty agreement payable - related party-Related Party	65,292
Accounts payable and accrued expenses-Related Party	8,330,933
Operating lease liability, current	51,909
Total current liabilities	10,445,245
Operating lease liability, net of current	119,253
Total liabilities	10,564,498
Preferred stock value-Series APreferred Stock	5,237,800
Common stock value-Common Class A	31,015,428
Common stock issuable, 1,122,311 and 1,122,311 shares, respectively	22,000
Additional paid-in capital	12,434,886
Accumulated deficit	-56,709,072
Total stockholders deficit	-7,998,958
Total liabilities and stockholders deficit	2,565,540

Unit: Dollar.