MSPRZ: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, MSPRZ has $1,552,130K in assets. $2,396,520K in debts.

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

Balance Sheets	2025-09-30	2025-06-30
Cash	1,821	3,990
Accounts receivable	295	295
Affiliate receivable	1,263	1,263
Prepaid expenses and other current assets	1,342	2,180
Total current assets	4,721	7,728
Property and equipment, net	4,980	5,107
Intangible assets, net	1,542,300	1,660,938
Right-of-use assets	129	163
Total assets	1,552,130	1,673,936

Accounts payable	12,125	11,185
Affiliate payable	21,039	21,076
Commission payable	1,085	1,084
Derivative liability	79	104
Warrant liability	3,142	27,059
Claims financing obligation and notes payable	512,619	483,877
Loan from related parties	112,794	-
Interest payable	16,642	1,689
Other current liabilities	32,696	16,870
Total current liabilities	712,221	562,944
Guaranty obligation	1,290,394	1,234,454
Claims financing obligation & notes payable	248,863	246,977
Lease liabilities	0	27
Loan from related parties	17,534	130,328
Interest payable	122,930	98,653
Other long-term liabilities	4,578	4,581
Total liabilities	2,396,520	2,277,964
Common stock-Common Class A	0	0
Common stock-Common Class V	0	0
Additional paid-in capital	314,791	503,664
Accumulated deficit	-878,633	-710,827
Total stockholders' equity	-563,842	-207,163
Non-controlling interest	-280,548	-396,865
Total equity	-844,390	-604,028
Total liabilities and equity	1,552,130	1,673,936