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For the quarter ending 2026-03-31, MMCP has $976,630 in assets. $965,530 in debts.

Balance Sheets Overview

Current Ratio
127.29%
Quick Ratio
127.29%
Debt to Asset Ratio
98.86%
Unit: Dollar
Assets Breakdown
    • Cash
    • Operating lease right of use ass...
    • Draws against commissions
    • Prepaid expenses
Liabilities Breakdown
    • Additional paid in capital
    • Accumulated deficit
    • Loan payable-Related Party
    • Others

Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Cash
-513,777 58,677 343,390
Prepaid stock compensation
-46,250 92,500 138,750
Cash
644,116 ---
Draws against commissions
104,403 144,544 220,768 214,084
Prepaid expenses
40,251 41,210 8,138 16,921
Property and equipment, net
---0
Total current assets
788,770 745,781 380,083 713,145
Operating lease right of use asset
187,860 203,272 218,421 233,403
Total other assets
187,860 203,272 218,421 233,403
Total assets
976,630 949,053 598,504 946,548
Accounts payable and accruals-Nonrelated Party
66,966 349,970 --
Accounts payable and accruals
--203,363 -
Accounts payable and accruals-Related Party
142,661 133,513 --
Loan payable-Nonrelated Party
8,772 -10,638 -
Loan payable-Related Party
300,000 -560,000 -
Operating lease liability current portion
101,268 97,820 174,292 -
Total current liabilities
619,667 890,075 948,293 806,849
Operating lease liability net of current portion
204,635 208,083 180,361 222,785
Loan payable, net of current portion
141,228 141,228 139,362 139,362
Preferred stock, value-Series APreferred Stock
---0
Total long term liabilities
345,863 349,311 319,723 362,147
Preferred stock, value
---0
Total liabilities
965,530 1,239,386 1,268,016 1,168,996
Common stock, 0.00001 par value, 480,000,000 shares authorized 100,055,935 shares issued and outstanding
1,000 1,000 1,000 1,000
Additional paid in capital
2,804,236 2,804,236 2,804,236 2,804,236
Accumulated deficit
-2,794,136 -3,095,569 -3,474,748 -3,027,684
Total stockholders equity
11,100 -290,333 -669,512 -222,448
Total liabilities and stockholders equity
976,630 949,053 598,504 946,548
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Cash$644,116 Draws againstcommissions$104,403 Prepaid expenses$40,251 Operating lease right ofuse asset$187,860 Total current assets$788,770 Total other assets$187,860 Total assets$976,630 Total liabilities andstockholders equity$976,630 Total liabilities$965,530 Total stockholdersequity$11,100 Accumulated deficit-$2,794,136 Total currentliabilities$619,667 Total long termliabilities$345,863 Additional paid in capital$2,804,236 Common stock, 0.00001par value,...$1,000 Loanpayable-Related Party$300,000 Accounts payable andaccruals-Related Party$142,661 Operating lease liability current portion$101,268 Accounts payable andaccruals-Nonrelated Party$66,966 Loanpayable-Nonrelated Party$8,772 Operating lease liability net of current...$204,635 Loan payable, net ofcurrent portion$141,228

Mag Mile Capital, Inc. (MMCP)

Mag Mile Capital, Inc. (MMCP)