LSF: the balance sheet

MyFinsight

For the year ending 2025-12-31, LSF has $19,217,837 in assets. $7,755,050 in debts.

Balance Sheets	2025-12-31
Cash, cash equivalents, and restricted cash	5,320,600
Accounts receivable, net	3,899,205
Inventory	7,782,169
Prepaid expenses and other current assets	1,838,683
Total current assets	18,840,657
Property and equipment, net	41,203
Intangible assets, net	75,000
Related party license agreements	132,100
Right-of-use assets	128,877
Total assets	19,217,837

Accounts payable	3,094,579
Accrued expenses	4,458,096
Related party liabilities	46,500
Lease liabilities, current portion	109,145
Total current liabilities	7,708,320
Lease liabilities	46,730
Total liabilities	7,755,050
Common stock, 0.001 par value, 100,000,000 shares authorized at december 31, 2025 and december 31, 2024 11,071,096 and 10,694,765 issued and outstanding at december 31, 2025, respectively and 10,668,705 and 10,292,374 issued and outstanding at december 31, 2024, respectively	10,695
Additional paid-in capital	122,822,613
Accumulated deficit	-111,370,521
Total stockholders equity	11,462,787
Total liabilities and stockholders equity	19,217,837

Unit: Dollar.