| Balance Sheets | 2025-10-31 | 2025-07-31 | ||
|---|---|---|---|---|
| Cash | 1,361,469 | 213,971 | ||
| Accounts receivable, net | 174,999 | 1,086,023 | ||
| Inventories, net | - | 4,552,202 | ||
| Note receivable | 330,000 | 690,000 | ||
| Prepaid expenses and other current assets | 631,813 | 786,822 | ||
| Current assets held for sale associated with discontinued operations of grand forest | 6,219,209 | - | ||
| Total current assets | 8,717,490 | 7,329,018 | ||
| Property plant and equipment, gross | - | 777,209 | ||
| Less accumulated depreciation | - | 544,567 | ||
| Property and equipment, net | 9,861 | 232,642 | ||
| Intangible assets, net | 152,083 | 164,583 | ||
| Operating lease right-of-use assets, net | 22,864 | 3,567,250 | ||
| Finance lease right-of-use assets, net | - | 51,347 | ||
| Deferred tax assets | 2,227 | 251,996 | ||
| Non-current assets held for sales associated with discontinued operations of grand forest | 3,390,031 | - | ||
| Total non-current assets | 3,577,066 | 4,267,818 | ||
| Total assets | 12,294,556 | 11,596,836 | ||
| Short-term loan payable | - | 100,000 | ||
| Accounts payable | 186,121 | 4,061,285 | ||
| Deferred revenue | - | 532,968 | ||
| Accrued expenses and other current liabilities | 17,111 | 218,967 | ||
| Operating lease liabilities current | 23,643 | 984,569 | ||
| Financing lease liability current | - | 10,081 | ||
| Income tax payable | 180,775 | 229,118 | ||
| Auto loan payable - current | - | 9,581 | ||
| Due to related parties-Related Party | - | 232,642 | ||
| Current liabilities held for sale associated with discontinued operations of grand forest | 6,384,471 | - | ||
| Total current liabilities | 6,792,121 | 6,379,211 | ||
| Operating lease liabilities non-current | - | 2,862,091 | ||
| Finance lease liabilities non-current | - | 43,335 | ||
| Auto loan payable - non-current | - | 30,897 | ||
| Non-current liabilities held for sales associated with discontinued operations of grand forest | 2,674,768 | - | ||
| Total non-current liabilities | 2,674,768 | 2,936,323 | ||
| Total liabilities | 9,466,889 | 9,315,534 | ||
| Preferred stock, par value 0.001, 5,000,000 shares authorized 135,000 shares and 0 shares series a super voting preferred stock designated, issued and outstanding at october 31, 2025 and april 30, 2025, respectively | 135 | 135 | ||
| Common stock, par value 0.001, 45,000,000 shares authorized 20,194,804 shares and 17,054,004 shares issued and outstanding at october 31, 2025 and april 30, 2025, respectively | 20,195 | 17,054 | ||
| Additional paid-in capital | 10,400,437 | 8,960,926 | ||
| Accumulated deficit | -7,593,100 | -6,696,813 | ||
| Total stockholders equity | 2,827,667 | 2,281,302 | ||
| Total liabilities and stockholders equity | 12,294,556 | 11,596,836 | ||
Marwynn Holdings, Inc. (MWYN)
Marwynn Holdings, Inc. (MWYN)