For the year ending 2025-12-31, KUST has $19,328,527 in assets. $16,958,571 in debts. $757,369 in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash and cash equivalents | 757,369 | |||
| Accounts receivable-trade, less allowance for doubtful accounts of 10,262 2025 and 208,458 2024 | 479,559 | |||
| Subscriptions receivables, net of 75,000 allowance 2025 and 25,000 2024 | 3,219,647 | |||
| Other receivables | 292,503 | |||
| Inventories, net | 2,330,492 | |||
| Prepaid expenses | 1,052,415 | |||
| Assets of revenue-cycle management business held-for-sale | 911,753 | |||
| Total current assets | 9,043,738 | |||
| Property, plant, and equipment, net | 402,226 | |||
| Goodwill and other intangible assets, net | 5,031,633 | |||
| Operating lease right of use assets, net | 1,104,784 | |||
| Subscriptions receivables long term | 2,976,758 | |||
| Other assets | 355,636 | |||
| Assets of revenue-cycle management business held-for-sale | 413,752 | |||
| Total assets | 19,328,527 | |||
| Accounts payable | 4,278,633 | |||
| Accrued expenses | 592,685 | |||
| Current portion of operating lease obligations | 180,900 | |||
| Deferred revenue current | 3,778,967 | |||
| Debt obligations current | 707,826 | |||
| Warrant derivative liabilities | 852,844 | |||
| Income taxes payable | 10,441 | |||
| Liabilities of revenue-cycle management business held for sale | 138,029 | |||
| Total current liabilities | 10,540,325 | |||
| Debt obligations long term | 137,541 | |||
| Operating lease obligation long term | 841,516 | |||
| Deferred revenue long term | 4,739,356 | |||
| Notes payable related party long term | 400,110 | |||
| Liabilities of revenue-cycle management business held for sale | 299,723 | |||
| Total liabilities | 16,958,571 | |||
| Common stock, 0.001 par value 66,666,667 2025 and 200,000,000 2024 shares authorized shares issued 690,022 2025 and 1,068 2024 | 690 | |||
| Additional paid in capital | 148,439,504 | |||
| Noncontrolling interest in consolidated subsidiary | -1,885,802 | |||
| Accumulated deficit | -144,184,436 | |||
| Total equity (deficit) | 2,369,956 | |||
| Total liabilities and equity (deficit) | 19,328,527 | |||
KUSTOM ENTERTAINMENT, INC. (KUST)
KUSTOM ENTERTAINMENT, INC. (KUST)