For the quarter ending 2025-09-30, MITI has $165,692 in assets. $23,950,712 in debts. $321 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 321 | 2,724 | ||
| Accounts receivable | 36,300 | 33,300 | ||
| Prepaid expenses and other current assets | 3,651 | 2,258 | ||
| Total current assets | 40,272 | 38,282 | ||
| Intangible assets, net | 125,420 | 132,396 | ||
| Total assets | 165,692 | 170,678 | ||
| Accounts payable and accrued liabilities | 4,301,610 | 4,234,538 | ||
| Accrued interest-Nonrelated Party | 384,605 | 341,043 | ||
| Accrued interest-Related Party | 0 | 0 | ||
| Derivative liabilities | 1,172,020 | 254,808 | ||
| Royalty payable | 150,000 | 150,000 | ||
| Deferred revenue | 10,000 | - | ||
| Lease liability - operating leases, current | 99,477 | 99,477 | ||
| Notes payable-Nonrelated Party | 641,666 | 536,666 | ||
| Notes payable-Related Party | 0 | 0 | ||
| Sba loan payable | 374,643 | 381,143 | ||
| Other current liabilities | 96,136 | 96,136 | ||
| Preferred stock dividends payable - related parties-Related Party | 0 | 0 | ||
| Legal settlements | 3,322,834 | 2,764,214 | ||
| Series a preferred stock liability, current | 7,030,279 | 7,046,876 | ||
| Total current liabilities | 17,583,270 | 15,904,901 | ||
| Series a preferred stock liability, non-current | 6,367,442 | 6,335,877 | ||
| Total liabilities | 23,950,712 | 22,240,778 | ||
| Preferred stock, value-Series DPreferred Stock | 0 | 0 | ||
| Preferred stock, value-Series FPreferred Stock | 0 | 0 | ||
| Preferred stock, value-Series XPreferred Stock | 421 | 197 | ||
| Common stock, 0.01 par value, 500,000,000 shares authorized, 15,093,055 and 9,762,258 shares issued and outstanding as of september 30, 2025, and december 31, 2024, respectively | 150,931 | 117,429 | ||
| Additional paid-in capital | 39,758,998 | 38,304,673 | ||
| Accumulated deficit | -63,695,370 | -60,492,399 | ||
| Total stockholders equity (deficit) | -23,785,020 | -22,070,100 | ||
| Total liabilities and stockholders equity (deficit) | 165,692 | 170,678 | ||
Mitesco, Inc. (MITI)
Mitesco, Inc. (MITI)