MGTI: the balance sheet

MyFinsight

For the year ending 2025-12-31, MGTI has $106K in assets. $2,387K in debts.

Balance Sheets	2025-12-31
Cash and cash equivalents	103
Other current assets	3
Total current assets	106
Total assets	106

Accounts payable-Nonrelated Party	458
Accounts payable-Related Party	45
Accrued expenses and other payables	333
Note payable-Related Party	15
Common stock to be issued	360
Total current liabilities	1,211
Convertible note payable, net of unamortized discount of 44	1,176
Total liabilities	2,387
Common stock, 0.001 par value 10,000,000,000 shares authorized 4,640,670,903 and 2,490,670,903 shares issued and outstanding at december 31, 2025 and 2024, respectively	4,641
Additional paid-in capital	419,815
Accumulated deficit	-426,737
Total stockholders deficit	-2,281
Total liabilities and stockholders deficit	106

Unit: Thousand (K) dollars (except for numbers of shares and EPS).