LIQT: the balance sheet

MyFinsight

For the year ending 2025-12-31, LIQT has $27,278,097 in assets. $16,905,861 in debts.

Balance Sheets	2025-12-31
Cash and restricted cash	5,070,385
Accounts receivable, net	3,429,992
Inventories, net	6,479,321
Contract assets	733,851
Prepaid expenses and other current assets	245,702
Total current assets	15,959,251
Property, plant and equipment, net	5,845,323
Operating lease right-of-use assets	4,643,680
Deposits and other assets	545,573
2026	8,139
2027	8,139
2028	8,139
2029	8,139
2030	3,569
Thereafter	0
Intangible assets, net	36,125
Goodwill	248,145
Total non-current assets	11,318,846
Total assets	27,278,097

Accounts payable	1,552,890
Accrued expenses	1,795,382
Current portion of finance lease liabilities	517,759
Current portion of operating lease liabilities	714,446
Contract liabilities	140,986
Total current liabilities	4,721,463
Deferred tax liability	63,654
Finance lease liabilities, net of current portion	1,415,908
Operating lease liabilities, net of current portion	3,929,234
Loan from related party, net of current portion-Related Party	1,265,057
Notes payable, net of debt discounts	5,510,545
Total non-current liabilities	12,184,398
Total liabilities	16,905,861
Common stock par value 0.001, 50,000,000 shares authorized and 9,627,064 and 9,475,443 shares issued and outstanding at december 31, 2025 and december 31, 2024, respectively	9,627
Additional paid-in capital	110,427,993
Accumulated deficit	-94,795,121
Accumulated other comprehensive loss	-5,209,173
Total stockholders' equity	10,433,326
Noncontrolling interest	-61,090
Total equity	10,372,236
Total liabilities and equity	27,278,097

Unit: Dollar.