ORIGINCLEAR, INC. (OCLN)
ORIGINCLEAR, INC. (OCLN)
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 3,310,171 | 828,007 | 756,729 | 1,202,999 |
| Contracts receivable, net | NaN | 3,899,003 | 834,256 | 623,382 |
| Contracts receivable , net | 760,773 | NaN | NaN | NaN |
| Investment in marketable securities, at fair value | 660 | 660 | 22,604 | 18,083 |
| Contract assets | 325,765 | 415,648 | 375,943 | 175,339 |
| Prepaid assets and other current assets | 1,875 | 3,750 | 89,235 | 94,046 |
| Assets of discontinued operations | 30,596 | 29,998 | 66,102 | 433,871 |
| Total current assets | 4,429,840 | 5,177,066 | 2,144,869 | 2,547,720 |
| Gross property and equipment | NaN | 463,206 | NaN | NaN |
| Total other assets | NaN | 500,461 | 526,819 | 553,483 |
| Less accumulated depreciation | NaN | 394,325 | NaN | NaN |
| Investment in marketable securities, at fair value | NaN | 3,200 | 3,200 | 3,200 |
| Property and equipment, net | 64,123 | 68,881 | 73,837 | 46,406 |
| Security deposit | 115,870 | 18,000 | 18,000 | 19,051 |
| Investment in marketable securities, at fair value | 3,200 | NaN | NaN | NaN |
| Operating lease right of use asset (note 4) | 452,131 | 479,261 | 505,619 | 531,232 |
| Total other assets | 571,201 | NaN | NaN | NaN |
| Total assets | 5,065,164 | 5,746,408 | 2,745,525 | 3,147,609 |
| Accounts payable | 1,810,258 | 1,692,639 | 2,395,275 | 1,710,027 |
| Convertible secured promissory notes (note 8) | NaN | NaN | 3,195,580 | 2,032,500 |
| Warranty reserve | NaN | 50,000 | 50,000 | 50,000 |
| Accrued expenses | 2,378,836 | 2,327,839 | 2,270,760 | 2,096,665 |
| Redeemable non- convertible preferred stock, 397.15 shares issued and outstanding across four series (note 5)-Nonredeemable Convertible Preferred Stock | NaN | NaN | 397,150 | 397,150 |
| Cumulate dividends payable on preferred stock | 903,022 | 907,278 | 470,079 | 736,054 |
| Related party loan-Related Party | NaN | 112,120 | 69,654 | 105,275 |
| Contract liabilities | 3,901,517 | 4,932,574 | 2,670,080 | 2,623,439 |
| Operating lease liabilities | 117,782 | 22,543 | 79,792 | 104,457 |
| Warranty reserve | 50,000 | NaN | NaN | NaN |
| Loans payable | 559,053 | 596,708 | 147,418 | 148,616 |
| Related party loan | 85,228 | NaN | NaN | NaN |
| Tax liability 83 | 13,600 | 13,600 | 13,600 | 13,600 |
| Derivative liabilities | 13,037,500 | 12,127,995 | 12,616,080 | 10,899,605 |
| Redeemable non- convertible preferred stock, 397.15 shares issued and outstanding across four series (note 5)-Redeemable Non Convertible Preferred Stock | NaN | 397,150 | NaN | NaN |
| Redeemable non-convertible preferred stock, 397.15 shares issued and outstanding across four series (note 5) | 397,150 | NaN | NaN | NaN |
| Convertible secured promissory notes (note 9) | 810,475 | 597,944 | 597,944 | 597,944 |
| Convertible promissory notes | 1,864,520 | NaN | NaN | NaN |
| Liabilities discontinued operations (note 3) | 495,048 | 434,908 | 79,548 | 485,474 |
| Total current liabilities | 26,423,989 | 24,213,298 | 25,052,960 | 22,000,806 |
| Convertible promissory notes, net of current | 753,172 | 2,019,748 | 2,019,748 | 2,019,748 |
| Operating lease liabilities, net of current | 356,751 | 478,580 | 447,148 | 447,148 |
| Total long-term liabilities | 1,109,923 | 2,498,328 | 2,466,896 | 2,466,896 |
| Total liabilities | 27,533,912 | 26,711,626 | 27,519,856 | 24,467,702 |
| Mezzanine equity, preferred stock (note 5) | 7,097,720 | 7,417,720 | 7,457,720 | 7,482,722 |
| Preferred stock, 0.0001 par value, (authorized 500,500,000), series c - 1,000 shares issued and outstanding, series d- 31,500,000 shares issued and outstanding | 3,150 | 3,150 | 3,150 | 3,150 |
| Common stock, 0.0001 par value, (authorized 30,000,000,000) - shares issued and outstanding 16,226,290,399 and 15,623,448,908 | 1,622,630 | 1,562,346 | 1,547,375 | 1,561,930 |
| Additional paid-in capital | 124,786,719 | 123,957,003 | 118,181,628 | 118,343,552 |
| Noncontrolling interest | 1,937,608 | 1,725,698 | 16,781,307 | 6,908,138 |
| Stock payable | 80,063 | 80,063 | 80,063 | NaN |
| Accumulated other comprehensive loss | NaN | NaN | NaN | 0 |
| Accumulated deficit | -157,996,638 | -155,711,198 | -168,825,574 | -155,619,585 |
| Total shareholders' deficit | -29,566,468 | -28,382,938 | -32,232,051 | -28,802,815 |
| Total liabilities and shareholders' deficit | 5,065,164 | 5,746,408 | 2,745,525 | 3,147,609 |