| Balance Sheets | 2025-09-30 | |||
|---|---|---|---|---|
| Cash | 223,221 | |||
| Receivables | 0 | |||
| Prepaid expenses and other current assets | 12,200 | |||
| Deposits, current | 6,000 | |||
| Current assets held for sale | 220 | |||
| Total current assets | 241,641 | |||
| Property and equipment, net | 47,008 | |||
| Intangible assets, net | 45,492 | |||
| Operating lease right-of-use assets | 90,731 | |||
| Deposits, noncurrent | 125,000 | |||
| Other assets held for sale | 0 | |||
| Total other assets | 308,231 | |||
| Total assets | 549,872 | |||
| Accounts payable | 102,714 | |||
| Accrued expenses | 76,146 | |||
| Deferred revenue | 0 | |||
| Accrued preferred stock dividends | 0 | |||
| Operating lease liability, current | 27,500 | |||
| Due to related party | 328,007 | |||
| Notes payable in default, net of debt discount | 500,000 | |||
| Series c convertible preferred stock, 0.01 par value, 6,500 shares authorized, 6,500 shares issued and outstanding as of september 30, 2025 | 6,500,000 | |||
| Current liabilities held for sale | 0 | |||
| Total current liabilities | 7,534,367 | |||
| Sub-lease security deposit | 7,500 | |||
| Operating lease liability, long-term | 72,797 | |||
| Long term liabilities held for sale | 0 | |||
| Total liabilities | 7,614,664 | |||
| Mezzanine equity-Series CPreferred Stock | 0 | |||
| Mezzanine equity-Series DPreferred Stock | 0 | |||
| Preferred stock, value-Series APreferred Stock | 500 | |||
| Preferred stock, value-Series BPreferred Stock | 130 | |||
| Common stock payable | 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 september 30, 2025 and june 30, 2025, respectively | 6,183 | |||
| Additional paid in capital | 82,065,468 | |||
| Accumulated deficit | -89,325,758 | |||
| Total stockholders' deficit of medwellai, inc. and subsidiaries | -7,227,227 | |||
| Noncontrolling interest | 162,435 | |||
| Total stockholders' deficit | -7,064,792 | |||
| Total liabilities, mezzanine and stockholders' deficit | 549,872 | |||
MedWellAI, Inc. (MWAI)
MedWellAI, Inc. (MWAI)