For the quarter ending 2025-06-30, MLRT has $448,032 in assets. $5,210,893 in debts. $7,015 in cash and cash equivalents.
| Balance Sheets | 2025-06-30 | 2025-03-31 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 7,015 | 40,641 | ||
| Accounts receivable, net | 16,967 | 21,293 | ||
| Inventory | 221,539 | 224,464 | ||
| Investment in marketable securities | 649 | 649 | ||
| Other current assets | 6,252 | 6,253 | ||
| Total current assets | 252,422 | 293,300 | ||
| Property and equipment, net | 17,145 | 18,272 | ||
| Intangible assets, net | 178,465 | 192,273 | ||
| Total assets | 448,032 | 503,845 | ||
| Accounts payable | 178,406 | 177,294 | ||
| Accrued expenses-Nonrelated Party | 444,431 | 391,600 | ||
| Accrued expenses-Related Party | 1,026,911 | 1,021,341 | ||
| Deferred revenues | 11,420 | 8,642 | ||
| Short-term debt line of credit | 76,881 | 81,291 | ||
| Short-term debt - care loans | 20,569 | 19,306 | ||
| Convertible notes, related parties, net of discount-Nonrelated Party | 1,621,000 | 1,637,250 | ||
| Convertible notes, related parties, net of discount-Related Party | 1,232,193 | 1,232,193 | ||
| Notes payable-Nonrelated Party | 194,651 | 203,915 | ||
| Notes payable-Related Party | 45,000 | 46,500 | ||
| Total current liabilities | 4,851,462 | 4,819,332 | ||
| Long-term convertible debt | 230,000 | 202,500 | ||
| Preferred stock-Series CPreferred Stock | - | 0 | ||
| Long-term debt - care loan | 129,431 | 130,694 | ||
| Preferred stock-Series BPreferred Stock | - | 0 | ||
| Total liabilities | 5,210,893 | 5,152,526 | ||
| Preferred stock-Series APreferred Stock | 14 | 14 | ||
| Preferred stock-Series DPreferred Stock | 8 | 8 | ||
| Preferred stock-Series EPreferred Stock | 55 | - | ||
| Common stock, 0.0001 par value 2,071,000,000 shares authorized 37,710,876 and 34,745,931 shares issued and outstanding at june 30, 2025 and december 31, 2024, respectively | 3,771 | 3,771 | ||
| Additional paid-in capital | 25,212,730 | 25,157,784 | ||
| Accumulated deficit | -29,979,439 | -29,810,258 | ||
| Total stockholders deficit | -4,762,861 | -4,648,681 | ||
| Total liabilities and stockholders deficit | 448,032 | 503,845 | ||
Metalert, Inc. (MLRT)
Metalert, Inc. (MLRT)