mgrx: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, MGRX has $16,531,802 in assets. $804,275 in debts. $481,281 in cash and cash equivalents.

Unit: Dollar

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	481,281	101,019
Prepaid expenses	100,000	-
Deposits	16,942	16,942
Total current assets	598,223	117,961
Property and equipment, net of accumulated depreciation of 757 and 2,256	2,049	2,304
Right of use - asset	11,211	27,670
Intangible assets - acquired patents and license, net of amortization	15,920,319	20,694,893
Total non-current assets	15,933,579	20,724,867
Total assets	16,531,802	20,842,828

Accounts payable and accrued liabilities	526,964	767,996
Accrued liabilities - related parties	-	30,000
Payroll tax liabilities	4,460	2,973
Notes payable-Nonrelated Party	-	500,000
Notes payable-Related Party	100,000	100,000
Right-of-use liability - operating lease	12,167	30,117
Other liabilities-Patent Purchase Payable	160,684	160,684
Other liabilities-Related Party	-	9,175
Total current liabilities	804,275	1,600,945
Total liabilities	804,275	1,600,945
Preferred stock, value-Series CConvertible Preferred Stock	98	98
Common stock (par value 0.0001), 200,000,000 shares authorized, of which 13,883,103 and 3,245,641 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively	1,389	1,065
Stock warrants	324,288	324,288
Subscriptions receivable	-	224,569
Additional paid in capital	53,283,483	50,794,020
Accumulated deficit	-37,877,913	-31,649,804
Accumulated other comprehensive loss	-2,079	-2,034
Stockholders Equity	15,729,266	19,243,064
Non-controlling interest	-1,739	-1,181
Total stockholders equity	15,727,527	19,241,883
Total liabilities and stockholders equity	16,531,802	20,842,828