MDNC: the balance sheet

MyFinsight

For the quarter ending 2025-11-30, MDNC has $6,852,928 in assets. $1,352,691 in debts.

Unit: Dollar

Balance Sheets	2025-11-30	2025-08-31	2025-05-31
Notes receivable	-	0	0
Cash	2,856,926	2,248,095	1,950,876
Accounts receivable, net of allowances	2,259,523	2,575,271	3,886,756
Inventory	1,212,820	994,074	928,070
Other current assets	143,725	161,238	189,789
Total current assets	6,472,994	5,978,678	6,955,491
Property, plant and equipment, net of accumulated depreciation	325,916	333,296	344,653
Deferred tax asset	34,845	34,366	71,957
Operating right-of-use asset	19,173	25,542	31,925
Total assets	6,852,928	6,371,882	7,404,026

Deferred tax liabilities	-	0	0
Operating lease liability, net of current portion	-	0	5,355
Accounts payable and accrued liabilities	1,330,371	1,505,373	2,061,162
Operating lease liability, current portion	21,868	28,716	30,028
Total current liabilities	1,352,239	1,534,089	2,091,190
Loans payable	452	443	938,659
Total liabilities	1,352,691	1,534,532	3,035,204
Common stock, 0.001 par value	11,756	11,756	11,734
Additional paid in capital	3,405,359	3,405,359	3,296,391
Retained earnings	1,781,876	1,378,465	1,031,899
Accumulated other comprehensive income	301,246	41,770	28,798
Total equity	5,500,237	4,837,350	4,368,822
Total liabilities and stockholders equity	6,852,928	6,371,882	7,404,026

Unit: Dollar