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Subtotal
$1,350,208
Inventories, net
$23,937,558
Cash and cash
equivalents
$4,147,216
Accounts receivable, net
$4,087,261
Prepaid and other
current assets
$540,558
Advance to suppliers
$194,971
Right of use operating
lease assets, net
$6,964,143
Deferred tax assets
$3,260,973
Property and equipment at
cost, net
$645,126
Crypto assets
$438,208
Other non-current
assets
$49,500
Right of use financing
lease assets, net
$20,133
Less accumulated
depreciation and...
$705,082
Total current assets
$32,907,564
Total non-current
assets
$11,378,083
Total assets
$44,285,647
Total liabilities and
equity
$44,285,647
Total equity
$22,675,661
Total liabilities
$21,609,986
Retained earnings
$15,549,665
Additional
paid-in-capital
$7,084,356
Common shares, 0.001
par value,...
$41,640
Total current
liabilities
$16,618,795
Total non-current
liabilities
$4,991,191
Other payable,
accrued expenses and...
$6,176,297
Income tax payable
$3,543,727
Accounts payable
$2,330,776
Loan from a related
party
$2,000,089
Current portion of
obligations under operating...
$1,878,122
Contract liabilities
$519,142
Warranty liabilities
$144,419
Current portion of
obligations under financing...
$14,785
Return liabilities
$11,438
Obligations under operating
leases, non-current
$4,983,516
Obligations under financing
leases, non-current
$7,675
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Balance Sheet
Massimo Group (MAMO)
Massimo Group (MAMO)
source: myfinsight.com