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Balance Sheets Overview

Current Ratio
257.15%
Quick Ratio
162.30%
Debt to Asset Ratio
41.57%
Unit: Dollar
Assets Breakdown
    • Inventory, net of allowance of 6...
    • Accounts receivable, net of allo...
    • Cash and cash equivalents
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Total current liabilities
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
1,504,297
2,091,129
1,767,123
1,920,664
Prepaid expenses
175,237
356,953
348,667
259,222
Accounts receivable, net of allowance of 1,207,367 in 2026 and 1,269,590 in 2025
2,915,373
2,246,020
2,531,524
2,308,084
Inventory, net of allowance of 6,596,096 in 2026 and 0 in 2025
3,459,768
5,530,519
10,957,823
10,077,375
Income tax receivable
-
-
0
0
Current portion of settlement asset and receivables
25,000
25,000
24,910
25,910
Receivable loans from extrax nm - current
-
-
0
0
Assets held for sale
1,294,211
-
-
-
Other current assets
5,939
14,428
61,000
-
Total current assets
9,379,826
10,264,049
15,691,047
14,591,256
Restricted cash
-
-
0
1,000,000
Goodwill
-
-
0
23,092,794
Investment in ablis
-
-
0
399,200
Investment in bendistillery
0
99,800
99,800
1,497,000
Net deferred tax asset
1,145,302
1,060,993
269,802
567,673
Fixed assets, less accumulated depreciation of 1,690,642 in 2026 and 1,608,543 in 2025
643,021
2,099,491
2,273,377
2,375,501
Security and state licensing deposits and bonds
53,830
53,830
50,183
50,183
Operating lease right-of-use asset, net of right-of-use asset amortization of 591,243 in 2026 and 457,742 in 2025
804,929
873,216
888,339
948,129
Receivable unit loans from extrax nm - non-current
-
-
-
421,835
Total assets
12,026,907
14,451,380
19,272,548
44,943,570
Operating lease liability
300,219
290,357
257,708
249,081
Deferred revenue
335,984
373,311
1,380,049
892,548
Income tax payable
206,754
385,852
155,184
114,042
Collab commissions and royalties payable
-
-
0
1,055
Accounts payable and accrued expenses
2,757,476
3,449,351
3,326,650
2,889,818
Accounts payable - related party
4,962
891
5,304
2,094
Note payable - related party
0
0
3,846
-
Preferred stock dividends payable
6,318
7,453
7,124
5,221
Notes payable to surety bank
31,923
31,040
22,282
662,387
Interest payable to surety bank
3,949
4,222
4,264
10,844
Total current liabilities
3,647,586
4,542,477
5,162,410
4,827,091
Operating lease liability
555,444
635,213
680,280
747,539
Note payable - related party
-
-
-
138,462
Notes payable to surety bank
796,551
804,706
797,597
1,673,872
Total non-current liabilities
1,351,994
1,439,919
1,477,877
2,559,873
Total liabilities
4,999,580
5,982,395
6,640,288
7,386,964
Preferred stock value-Series AConvertible Preferred Stock
3
3
3
3
Preferred stock value-Series BConvertible Preferred Stock
40
40
40
40
Common stock, 0.001 par value 100,000,000 shares authorized, and14,822,678 shares issued and outstanding at june 30, 2026 14,822,678 shares issued and outstanding at december 31, 2025
14,823
14,823
14,823
14,823
Additional paid-in capital
40,986,553
40,986,553
40,986,553
40,986,553
142,000 shares of deferred contingent stock issuable upon instruction by the respective deferred contingent stock recipients at june 30, 2026 and december 31, 2025
470,730
470,730
470,730
470,730
Accumulated deficit
-34,444,821
-33,003,164
-28,839,889
-3,915,542
Total shareholders' equity
7,027,327
8,468,984
12,632,260
37,556,607
Total liabilities and shareholders' equity
12,026,907
14,451,380
19,272,548
44,943,570
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Inventory, net of allowanceof 6,596,096 in...$3,459,768 (-64.18%↓ Y/Y)Accounts receivable, netof allowance of...$2,915,373 (-27.25%↓ Y/Y)Cash and cashequivalents$1,504,297 (-28.91%↓ Y/Y)Assets held for sale$1,294,211 Prepaid expenses$175,237 (-79.79%↓ Y/Y)Current portion ofsettlement asset and...$25,000 (-78.39%↓ Y/Y)Other current assets$5,939 (-98.59%↓ Y/Y)Total current assets$9,379,826 (-47.53%↓ Y/Y)Net deferred taxasset$1,145,302 (76.18%↑ Y/Y)Operating leaseright-of-use asset, net of...$804,929 (-20.03%↓ Y/Y)Fixed assets, lessaccumulated depreciation of...$643,021 (-74.39%↓ Y/Y)Security and statelicensing deposits and...$53,830 (7.27%↑ Y/Y)Total assets$12,026,907 (-74.99%↓ Y/Y)Total liabilities andshareholders' equity$12,026,907 (-74.99%↓ Y/Y)Total shareholders'equity$7,027,327 (-80.97%↓ Y/Y)Total liabilities$4,999,580 (-55.18%↓ Y/Y)Accumulated deficit-$34,444,821 (-657.63%↓ Y/Y)Additional paid-in capital$40,986,553 (0.00%↑ Y/Y)Total currentliabilities$3,647,586 (-52.01%↓ Y/Y)Total non-currentliabilities$1,351,994 (-61.97%↓ Y/Y)142,000 shares ofdeferred contingent...$470,730 (0.00%↑ Y/Y)Common stock, 0.001 parvalue 100,000,000...$14,823 (0.00%↑ Y/Y)Preferred stockvalue-Series BConvertible...$40 (0.00%↑ Y/Y)Preferred stockvalue-Series AConvertible...$3 (0.00%↑ Y/Y)Accounts payable andaccrued expenses$2,757,476 (-45.75%↓ Y/Y)Deferred revenue$335,984 (-79.84%↓ Y/Y)Operating lease liability$300,219 (24.75%↑ Y/Y)Income tax payable$206,754 Notes payable tosurety bank$31,923 (-94.57%↓ Y/Y)Preferred stock dividendspayable$6,318 (0.00%↑ Y/Y)Accounts payable -related party$4,962 (1025.17%↑ Y/Y)Interest payable tosurety bank$3,949 (-72.14%↓ Y/Y)Notes payable tosurety bank$796,551 (-67.98%↓ Y/Y)Operating lease liability$555,444 (-31.70%↓ Y/Y)

LFTD PARTNERS INC. (LIFD)

LFTD PARTNERS INC. (LIFD)