MGRX: the balance sheet

MyFinsight

For the year ending 2025-12-31, MGRX has $16,089,573 in assets. $890,568 in debts. $1,486,338 in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	1,486,338
Prepaid expenses-Nonrelated Party	7,021
Prepaid expenses-Related Party	120
Deposits	33,899
Due from related party	20,056
Total current assets	1,547,434
Property and equipment, net of accumulated depreciation of 1,012 and 2,256	1,794
Right of use - asset	307,861
Intangible assets - acquired patents and license, net of amortization and impairment	14,232,484
Total non-current assets	14,542,139
Total assets	16,089,573

Accounts payable and accrued liabilities	416,682
Payroll tax liabilities	9,421
Right-of-use liability - operating lease	307,823
Other liabilities	156,642
Total current liabilities	890,568
Total liabilities	890,568
Preferred stock, value	98
Common stock (par value 0.0001), 200,000,000 shares authorized, of which 15,888,795 and 3,245,641 shares issued and outstanding as of december 31, 2025 and december 31, 2024, respectively	1,589
Stock warrants	324,288
Additional paid in capital	55,524,812
Accumulated deficit	-40,647,480
Accumulated other comprehensive loss	-2,760
Total stockholders equity	15,200,547
Non-controlling interest	-1,542
Total stockholders equity	15,199,005
Total liabilities and stockholders equity	16,089,573

Unit: Dollar.