For the quarter ending 2026-03-31, MWAI has $321,787 in assets. $7,845,767 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 130,028 | 137,503 | 223,221 | 401,310 |
| Receivables | 2,943 | 0 | 0 | 287 |
| Digital assets | - | - | - | 0 |
| Prepaid expenses and other current assets | 10,800 | 9,075 | 12,200 | 10,956 |
| Deposits, current | 20,623 | 17,632 | 6,000 | 6,000 |
| Current assets held for sale | 220 | 220 | 220 | 220 |
| Total current assets | 164,614 | 164,430 | 241,641 | 418,773 |
| Property and equipment, net | 42,490 | 45,124 | 47,008 | 42,069 |
| Intangible assets, net | 33,617 | 39,555 | 45,492 | 51,430 |
| Operating lease right-of-use assets | 81,066 | 86,779 | 90,731 | 95,509 |
| Deposits, noncurrent | 0 | 125,000 | 125,000 | 125,000 |
| Other assets held for sale | 0 | 0 | 0 | 72,719 |
| Total other assets | 157,173 | 296,458 | 308,231 | 386,727 |
| Total assets | 321,787 | 460,888 | 549,872 | 805,500 |
| Accounts payable | 66,957 | 77,856 | 102,714 | 123,620 |
| Accrued expenses | 101,166 | 89,840 | 76,146 | 62,837 |
| Deferred revenue | 19,660 | 15,688 | 0 | 203 |
| Accrued preferred stock dividends | 0 | 0 | 0 | 2,133,081 |
| Operating lease liability, current | 31,350 | 30,900 | 27,500 | 26,750 |
| Due to related party | 558,002 | 463,882 | 328,007 | 209,419 |
| Notes payable in default, net of debt discount | 500,000 | 500,000 | 500,000 | 500,000 |
| Series c convertible preferred stock, 0.01 par value, 6,500 shares authorized, 6,500 shares issued and outstanding as of march 31, 2026 | 6,500,000 | 6,500,000 | 6,500,000 | - |
| Current liabilities held for sale | 0 | 0 | 0 | 0 |
| Total current liabilities | 7,777,135 | 7,678,166 | 7,534,367 | 3,055,910 |
| Sub-lease security deposit | 7,500 | 7,500 | 7,500 | 7,500 |
| Operating lease liability, long-term | 61,132 | 66,746 | 72,797 | 77,525 |
| Long term liabilities held for sale | 0 | 0 | 0 | 0 |
| Total liabilities | 7,845,767 | 7,752,412 | 7,614,664 | 3,140,935 |
| Preferred stock, value-Series CPreferred Stock | - | - | - | 1,125,000 |
| Mezzanine equity-Series CPreferred Stock | 0 | 0 | 0 | - |
| Preferred stock, value-Series DPreferred Stock | - | - | - | 3,000,000 |
| Mezzanine equity-Series DPreferred Stock | 0 | 0 | 0 | - |
| Preferred stock, value-Series APreferred Stock | 500 | 500 | 500 | 500 |
| Preferred stock, value-Series BPreferred Stock | 130 | 130 | 130 | 130 |
| Common stock payable | 83,708 | 75,500 | 26,250 | 26,250 |
| Common stock, 0.001 par value, 300,000,000 shares authorized, 6,236,580 and 6,186,580 shares issued and outstanding as of march 31, 2026 and june 30, 2025, respectively | 6,233 | 6,233 | 6,183 | 6,183 |
| Additional paid in capital | 82,077,053 | 82,077,053 | 82,065,468 | 82,016,218 |
| Accumulated deficit | -89,853,514 | -89,613,277 | -89,325,758 | -88,673,880 |
| Total stockholders' deficit of medwellai, inc. and subsidiaries | -7,685,890 | -7,453,861 | -7,227,227 | -6,624,599 |
| Noncontrolling interest | 161,910 | 162,337 | 162,435 | 164,164 |
| Total stockholders' deficit | -7,523,980 | -7,291,524 | -7,064,792 | -6,460,435 |
| Total liabilities, mezzanine and stockholders' deficit | 321,787 | 460,888 | 549,872 | 805,500 |
MedWellAI, Inc. (MWAI)
MedWellAI, Inc. (MWAI)