LBSR: the balance sheet

MyFinsight

For the quarter ending 2025-10-31, LBSR has $478,953 in assets. $1,791,483 in debts. $436,521 in cash and cash equivalents.

Unit: Dollar

Balance Sheets	2025-10-31	2025-07-31
Cash and cash equivalents	436,521	313,543
Prepaid expenses and other current assets	36,110	43,459
Total current assets	472,631	357,002
Property and equipment, net	6,322	7,940
Total noncurrent assets	6,322	7,940
Total assets	478,953	364,942

Advances-Nonrelated Party	-	0
Accounts payable and accrued liabilities	157,449	181,148
Accrued expenses, related party-Related Party	8,566	5,945
Advances-Related Party	152,808	265,000
Notes payable-Nonrelated Party	8,522	16,769
Notes payable-Related Party	-	257,000
Convertible promissory note, net of unamortized debt discount of 130,785 and 0	511,415	264,500
Derivative liability	920,323	145,400
Total current liabilities	1,759,083	1,135,762
Long-term debt - sba, net of current portion	32,400	32,400
Total long-term liabilities	32,400	32,400
Total liabilities	1,791,483	1,168,162
Class a common stock - .00001 par value 500,000 authorized 500,000 shares issued and outstanding	5	5
Common stock - .00001 par value 149,500,000 authorized 81,075,684 and 53,332,498 shares issued and outstanding, respectively	810	703
Additional paid-in capital	59,263,535	59,213,312
Subscription receivable	101,100	101,100
Accumulated deficit	-60,475,780	-59,916,140
Total stockholders deficit	-1,312,530	-803,220
Total liabilities and stockholders deficit	478,953	364,942

Unit: Dollar