For the quarter ending 2025-12-31, KRFG has $74,238 in assets. $1,195,411 in debts. $2,144 in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2025-06-30 | ||
|---|---|---|---|---|
| Amounts due from related parties | 27,724 | 58,198 | ||
| Accounts receivable | 44,128 | - | ||
| Deposits | 128 | - | ||
| Cash and cash equivalents | 2,144 | 1,601 | ||
| Total current assets | 74,124 | 59,799 | ||
| Property and equipment, net | 0 | 0 | ||
| Intangible assets, net | 114 | 476 | ||
| Total non-current assets | 114 | 476 | ||
| Total assets | 74,238 | 60,275 | ||
| Accrued liabilities and other payables | 234,782 | 234,794 | ||
| Accounts payables | 120,455 | - | ||
| Accrued consulting and service fee | 400,000 | 650,000 | ||
| Amounts due to related parties | 440,174 | 434,553 | ||
| Total current liabilities | 1,195,411 | 1,319,347 | ||
| Total liabilities | 1,195,411 | 1,319,347 | ||
| Preferred stock, value-Preferred Stock | 0 | 0 | ||
| Preferred stock, value-Series CPreferred Stock | 30,000 | 30,000 | ||
| Common stock, par value 0.0001, 36,000,000,000 shares authorized, 87,221,765 and 1,546,950 shares issued and outstanding as of december 31, 2025 and march 31, 2025, respectively | 8,722 | 665,079 | ||
| Common stock to be cancelled | 7,634 | - | ||
| Deferred compensation | 2,628,800 | - | ||
| Additional paid-in capital | 10,296,609 | 5,794,218 | ||
| Accumulated other comprehensive income | 1,947 | 2,620 | ||
| Accumulated deficit | -8,822,017 | -7,750,989 | ||
| Stockholders deficit | -1,121,173 | -1,259,072 | ||
| Total assets and stockholders equity | 74,238 | 60,275 | ||
King Resources, Inc. (KRFG)
King Resources, Inc. (KRFG)