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For the quarter ending 2026-03-31, MWAI has $321,787 in assets. $7,845,767 in debts.

Balance Sheets Overview

Current Ratio
2.12%
Quick Ratio
2.12%
Debt to Asset Ratio
2438.19%
Unit: Dollar
Assets Breakdown
    • Cash
    • Operating lease right-of-use ass...
    • Property and equipment, net
    • Others
Liabilities Breakdown
    • Accumulated deficit
    • Additional paid in capital
    • Series c convertible preferred s...
    • Others

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
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Cash$130,028 Deposits, current$20,623 Prepaid expenses andother current assets$10,800 Receivables$2,943 Current assets held forsale$220 Operating leaseright-of-use assets$81,066 Property and equipment,net$42,490 Intangible assets, net$33,617 Total current assets$164,614 Total other assets$157,173 Accumulated deficit-$89,853,514 Total assets$321,787 Total stockholders'deficit of medwellai,...-$7,685,890 Additional paid in capital$82,077,053 Common stock payable$83,708 Common stock, 0.001 parvalue, 300,000,000...$6,233 Preferred stock,value-Series APreferred...$500 Preferred stock,value-Series BPreferred...$130 Total liabilities,mezzanine and...$321,787 Total stockholders'deficit-$7,523,980 Noncontrolling interest$161,910 Total liabilities$7,845,767 Total currentliabilities$7,777,135 Operating leaseliability, long-term$61,132 Sub-lease securitydeposit$7,500 Series c convertiblepreferred stock, 0.01 par...$6,500,000 Due to related party$558,002 Notes payable indefault, net of debt...$500,000 Accrued expenses$101,166 Accounts payable$66,957 Operating leaseliability, current$31,350 Deferred revenue$19,660

MedWellAI, Inc. (MWAI)

MedWellAI, Inc. (MWAI)