For the quarter ending 2025-09-30, OCLN has $2,745,525 in assets. $27,519,856 in debts. $756,729 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 756,729 | 1,202,999 | ||
| Contracts receivable, net | 834,256 | 623,382 | ||
| Investment in marketable securities, at fair value | 22,604 | 18,083 | ||
| Contract assets | 375,943 | 175,339 | ||
| Prepaid assets and other current assets | 89,235 | 94,046 | ||
| Assets of discontinued operations | 66,102 | 433,871 | ||
| Total current assets | 2,144,869 | 2,547,720 | ||
| Property and equipment, net | 73,837 | 46,406 | ||
| Security deposit | 18,000 | 19,051 | ||
| Investment in marketable securities, at fair value | 3,200 | 3,200 | ||
| Operating lease right of use asset (note 4) | 505,619 | 531,232 | ||
| Total other assets | 526,819 | 553,483 | ||
| Total assets | 2,745,525 | 3,147,609 | ||
| Accounts payable | 2,395,275 | 1,710,027 | ||
| Accrued expenses | 2,270,760 | 2,096,665 | ||
| Cumulate dividends payable on preferred stock | 470,079 | 736,054 | ||
| Contract liabilities | 2,670,080 | 2,623,439 | ||
| Operating lease liabilities | 79,792 | 104,457 | ||
| Warranty reserve | 50,000 | 50,000 | ||
| Loans payable | 147,418 | 148,616 | ||
| Related party loan-Related Party | 69,654 | 105,275 | ||
| Tax liability 83 | 13,600 | 13,600 | ||
| Derivative liabilities | 12,616,080 | 10,899,605 | ||
| Redeemable non- convertible preferred stock, 397.15 shares issued and outstanding across four series (note 5)-Nonredeemable Convertible Preferred Stock | 397,150 | 397,150 | ||
| Convertible secured promissory notes (note 8) | 3,195,580 | 2,032,500 | ||
| Convertible promissory notes | 597,944 | 597,944 | ||
| Liabilities discontinued operations (note 3) | 79,548 | 485,474 | ||
| Total current liabilties | 25,052,960 | 22,000,806 | ||
| Convertible promissory notes, net of current | 2,019,748 | 2,019,748 | ||
| Operating lease liabilities, net of current | 447,148 | 447,148 | ||
| Total long-term liabilities | 2,466,896 | 2,466,896 | ||
| Total liabilities | 27,519,856 | 24,467,702 | ||
| Mezzanine equity, preferred stock (note 5) | 7,457,720 | 7,482,722 | ||
| Preferred stock, 0.0001 par value, (authorized 600,000,000), series c - 1,000 shares issued and outstanding, series d - 31,500,000 shares issued and outstanding | 3,150 | 3,150 | ||
| Common stock, 0.0001 par value, (authorized 16,000,000,000) - shares issued and outstanding 15,473,735,128 and 1,672,117,519 | 1,547,375 | 1,561,930 | ||
| Additional paid-in capital | 118,181,628 | 118,343,552 | ||
| Noncontrolling interest | 16,781,307 | 6,908,138 | ||
| Stock payable | 80,063 | - | ||
| Accumulated other comprehensive loss | - | 0 | ||
| Accumulated deficit | -168,825,574 | -155,619,585 | ||
| Total shareholders deficit | -32,232,051 | -28,802,815 | ||
| Total liabilities and shareholders deficit | 2,745,525 | 3,147,609 | ||
ORIGINCLEAR, INC. (OCLN)
ORIGINCLEAR, INC. (OCLN)