For the quarter ending 2025-09-30, ONCO has $19,678,868 in assets. $16,303,023 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 836,556 | 283,515 | ||
| Accounts receivable, net | 2,552 | 12,156 | ||
| Inventories | 151,556 | 153,072 | ||
| Prepaid expenses and other current assets | 311,362 | 481,788 | ||
| Total current assets | 1,302,026 | 930,531 | ||
| Property and equipment, net | 40,388 | 43,809 | ||
| Deferred offering costs | 150,000 | - | ||
| Operating right of use asset | 6,155 | 21,400 | ||
| Goodwill | 18,180,299 | 18,123,296 | ||
| Total assets | 19,678,868 | 19,119,036 | ||
| Accounts payable | 1,804,163 | 2,581,608 | ||
| Accrued expenses | 476,289 | 894,986 | ||
| Notes payable, net of debt discount of 0 and 4,966 at september 30, 2025 and december 31, 2024, respectively | 160,267 | 8,731,571 | ||
| Operating lease liability, current | 6,155 | 21,400 | ||
| Contingent warrant liabilities | 53,149 | - | ||
| Subscription agreement liability related party | - | 0 | ||
| Warrant liabilities | 12,815,000 | 53,113 | ||
| Due to shareholders | - | 409,510 | ||
| Derivative liabilities | 988,000 | - | ||
| Total current liabilities | 16,303,023 | 12,692,188 | ||
| Pension benefit obligation | - | 73,644 | ||
| Total liabilities | 16,303,023 | 12,765,832 | ||
| Due from shareholders | - | 0 | ||
| Series c redeemable preferred stock, 0.00001 par value, 10,000 shares authorized, 7 and 3,499 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively-Series CRedeemable Preferred Stock | 1,724 | 443,443 | ||
| Common stock, 0.00001 par value, 250,000,000 shares authorized at september 30, 2025 and december 31, 2024 1,560,820 and 138,422 the shares issued at september 30, 2025 and december 31, 2024, respectively 1,560,668 and 138,270 shares outstanding at september 30, 2025 and december 31, 2024, respectively | 15 | 10 | ||
| Additional paid-in capital | 141,431,240 | 135,021,431 | ||
| Treasury stock, at cost 152 shares of common stock at september 30, 2025 and december 31, 2024 | 625,791 | 625,791 | ||
| Accumulated deficit | -136,884,245 | -128,100,543 | ||
| Accumulated other comprehensive loss | -547,098 | -385,346 | ||
| Total stockholders equity | 3,374,121 | 5,909,761 | ||
| Total liabilities, convertible preferred stock, and stockholders equity | 19,678,868 | 19,119,036 | ||
Onconetix, Inc. (ONCO)
Onconetix, Inc. (ONCO)