For the quarter ending 2025-09-30, MWAI has $549,872 in assets. $7,614,664 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 223,221 | 401,310 | ||
| Receivables | 0 | 287 | ||
| Digital assets | - | 0 | ||
| Prepaid expenses and other current assets | 12,200 | 10,956 | ||
| Deposits, current | 6,000 | 6,000 | ||
| Current assets held for sale | 220 | 220 | ||
| Total current assets | 241,641 | 418,773 | ||
| Property and equipment, net | 47,008 | 42,069 | ||
| Intangible assets, net | 45,492 | 51,430 | ||
| Operating lease right-of-use assets | 90,731 | 95,509 | ||
| Deposits, noncurrent | 125,000 | 125,000 | ||
| Other assets held for sale | 0 | 72,719 | ||
| Total other assets | 308,231 | 386,727 | ||
| Total assets | 549,872 | 805,500 | ||
| Accounts payable | 102,714 | 123,620 | ||
| Accrued expenses | 76,146 | 62,837 | ||
| Deferred revenue | 0 | 203 | ||
| Accrued preferred stock dividends | 0 | 2,133,081 | ||
| Operating lease liability, current | 27,500 | 26,750 | ||
| Due to related party | 328,007 | 209,419 | ||
| Notes payable in default, net of debt discount | 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 september 30, 2025 | 6,500,000 | - | ||
| Current liabilities held for sale | 0 | 0 | ||
| Total current liabilities | 7,534,367 | 3,055,910 | ||
| Sub-lease security deposit | 7,500 | 7,500 | ||
| Operating lease liability, long-term | 72,797 | 77,525 | ||
| Long term liabilities held for sale | 0 | 0 | ||
| Total liabilities | 7,614,664 | 3,140,935 | ||
| Preferred stock, value-Series CPreferred Stock | - | 1,125,000 | ||
| Mezzanine equity-Series CPreferred Stock | 0 | - | ||
| Preferred stock, value-Series DPreferred Stock | - | 3,000,000 | ||
| Mezzanine equity-Series DPreferred Stock | 0 | - | ||
| Preferred stock, value-Series APreferred Stock | 500 | 500 | ||
| Preferred stock, value-Series BPreferred Stock | 130 | 130 | ||
| Common stock payable | 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 september 30, 2025 and june 30, 2025, respectively | 6,183 | 6,183 | ||
| Additional paid in capital | 82,065,468 | 82,016,218 | ||
| Accumulated deficit | -89,325,758 | -88,673,880 | ||
| Total stockholders' deficit of medwellai, inc. and subsidiaries | -7,227,227 | -6,624,599 | ||
| Noncontrolling interest | 162,435 | 164,164 | ||
| Total stockholders' deficit | -7,064,792 | -6,460,435 | ||
| Total liabilities, mezzanine and stockholders' deficit | 549,872 | 805,500 | ||
MedWellAI, Inc. (MWAI)
MedWellAI, Inc. (MWAI)