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Madison Technologies Inc. (MDEX)

Madison Technologies Inc. (MDEX)

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Balance Sheets Overview

Debt to Asset Ratio
48022.28%
Unit: Dollar
Assets Breakdown
    • Prepaid expense
Liabilities Breakdown
    • Accumulated deficit
    • Additional paid in capital (note...
    • Interest payable on senior secur...
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
Prepaid expense
51,275
90,921
130,568
Total assets
51,275
90,921
130,568
Total mezzanine equity-Series APreferred Stock
0
0
0
Total mezzanine equity-Series CPreferred Stock
0
0
0
Total mezzanine equity
0
0
0
Loan from a principal shareholder(note 8)
1,008,244
923,014
725,582
Promissory notes (note 5)
1,064,834
1,064,834
1,064,834
Convertible notes (note 6)
2,525,500
2,525,500
2,545,500
Interest payable on senior secured notes (note 7)
8,594,888
8,228,889
7,866,912
Senior secured notes (note 7)
7,340,093
7,340,093
7,340,093
Accounts payable and accrued liabilities (note 4)
4,089,865
3,979,715
3,898,315
Total liabilities
24,623,424
24,062,044
23,441,236
Preferred stock, value, issued-Series BPreferred Stock
0
0
0
Preferred stock, value, issued-Series EPreferred Stock
0
0
0
Preferred stock, value, issued-Series FPreferred Stock
0
0
0
Preferred stock, value, issued-Series GPreferred Stock
0
0
0
Preferred stock, value, issued-Series DPreferred Stock
155
155
155
Preferred stock, value, issued-Series EOne Preferred Stock
1,153
1,153
1,153
Preferred stock, value, issued-Series HPreferred Stock
40
40
40
Common stock - 0.001 par value 6,000,000,000 shares authorized, 1,761,428,576 and 1,678,095,243 shares issued and outstanding, june 30, 2026 and december 31, 2025, respectively (note 9)
1,761,429
1,678,095
1,678,095
Additional paid in capital (note 9)
9,577,806
9,648,639
9,648,639
Accumulated deficit
-35,912,731
-35,299,205
-34,638,750
Total stockholders deficiency
-24,572,149
-23,971,123
-23,310,668
Total liabilities, mezzanine equity and stockholders deficiency
51,275
90,921
130,568
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Prepaid expense$51,275 Total assets$51,275 Accumulated deficit-$35,912,731 Total liabilities,mezzanine equity and...$51,275 Total stockholdersdeficiency-$24,572,149 Additional paid in capital(note 9)$9,577,806 Common stock - 0.001 parvalue 6,000,000,000...$1,761,429 Preferred stock, value,issued-Series EOne Preferred...$1,153 Preferred stock, value,issued-Series DPreferred...$155 Preferred stock, value,issued-Series HPreferred...$40 Total liabilities$24,623,424 Interest payable onsenior secured notes...$8,594,888 Senior secured notes(note 7)$7,340,093 Accounts payable andaccrued liabilities...$4,089,865 Convertible notes (note 6)$2,525,500 Promissory notes (note 5)$1,064,834 Loan from a principalshareholder(note 8)$1,008,244