For the quarter ending 2026-03-31, LBRA has $33,273,437 in assets. $66,158,291 in debts. $534,868 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 534,868 | 1,987,301 | ||
| Accounts receivable, net | 891,743 | 8,125,000 | ||
| Contract assets | 60,258 | 4,178,899 | ||
| Total inventories | - | 509,582 | ||
| Reserve for obsolescence | - | 279,200 | ||
| Inventories, net | 277,684 | 230,382 | ||
| Prepaid expenses and other current assets | 71,909 | 79,211 | ||
| Current assets held-for-sale | 29,053,475 | - | ||
| Total current assets | 30,889,937 | 14,600,793 | ||
| Total property and equipment | 1,642,494 | 2,323,724 | ||
| Less accumulated depreciation | 1,393,420 | 1,453,148 | ||
| Property and equipment, net | 249,074 | 870,576 | ||
| Operating lease right-of-use assets | 393,988 | 1,806,255 | ||
| Long-term deposits | 13,342 | 18,942 | ||
| Total intangible assets, gross | - | 13,591,000 | ||
| Less accumulated amortization | - | 2,033,786 | ||
| Intangible assets, net | 1,727,096 | 11,557,214 | ||
| Goodwill | - | 5,309,876 | ||
| Total assets | 33,273,437 | 34,163,656 | ||
| Accounts payable and accrued expenses | 15,919,760 | 17,945,060 | ||
| Contract liabilities | 122,969 | 803,045 | ||
| Current portion of operating lease liabilities | 140,103 | 432,333 | ||
| Current portion of finance lease liabilities | 195,214 | 192,505 | ||
| Current portion of notes payable, net | 6,446,294 | 22,751,184 | ||
| Current portion of convertible notes payable | 22,751,184 | 6,476,121 | ||
| Current portion of related party note payable | 654,898 | 641,972 | ||
| Warrant liabilities | 9,669,800 | 8,424,500 | ||
| Current liabilities held-for-sale | 9,186,798 | - | ||
| Total current liabilities | 65,087,020 | 57,666,720 | ||
| Operating lease liabilities, net of current portion | 264,708 | 1,445,726 | ||
| Finance lease liabilities, net of current portion | 180,861 | 230,693 | ||
| Related party note payable, net of current portion | 454,702 | 623,354 | ||
| Deferred tax liabilities, net | 171,000 | 3,585,000 | ||
| Total liabilities | 66,158,291 | 63,551,493 | ||
| Senior convertible preferred shares, value-Series APreferred Stock | 39,877 | 39,877 | ||
| Senior convertible preferred shares, value-Series CPreferred Stock | 403,470 | 403,470 | ||
| Senior convertible preferred shares, value-Series DPreferred Stock | 600,100 | 600,100 | ||
| Senior convertible preferred shares, value-Series FPreferred Stock | 1,138,332 | 1,138,332 | ||
| Allocation shares, 1,000 shares authorized 1,000 shares issued and outstanding as of march 31, 2026 and december 31, 2025 | 1,000 | 1,000 | ||
| Common shares, 0.001 par value, 2,000,000,000 shares authorized 65,293,659 and 61,918,659 shares issued and outstanding as of march 31, 2026 and december 31, 2025, respectively | 65,294 | 61,919 | ||
| Additional paid-in capital | 80,068,583 | 80,046,958 | ||
| Accumulated deficit | -113,085,628 | -109,599,852 | ||
| Total 1847 holdings shareholders deficit | -30,768,972 | -27,308,196 | ||
| Noncontrolling interests | -2,115,882 | -2,079,641 | ||
| Total shareholders deficit | -32,884,854 | -29,387,837 | ||
| Total liabilities and shareholders deficit | 33,273,437 | 34,163,656 | ||
1847 Holdings LLC (LBRA)
1847 Holdings LLC (LBRA)