| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | |
|---|---|---|---|---|
| Cash and cash equivalents | 5,330,457 | 12,428,774 | 2,267,564 | |
| Accounts receivable, net | 304,194 | 269,938 | 244,400 | |
| Inventory | 46,401,570 | 26,035,844 | 24,015,983 | |
| Prepaid expense | 1,033,713 | 706,256 | 2,281,347 | |
| Other current assets | 355,511 | 434,584 | 368,117 | |
| Total current assets | 53,425,445 | 39,875,396 | 29,177,411 | |
| Property, plant and equipment, gross | 4,538,160 | - | - | |
| Less accumulated depreciation | 964,922 | - | - | |
| Property, plant and equipment, net | 3,573,238 | 823,231 | 498,156 | |
| Other receivable | 32,121 | 27,486 | 43,366 | |
| Due from related party | 58,994 | 44,623 | - | |
| Right-of-use assets | 6,247,247 | 6,516,415 | 1,868,839 | |
| Goodwill | 570,000 | 570,000 | 570,000 | |
| Intangible assets, net | 566,975 | 560,406 | 456,111 | |
| Total non-current assets | 11,048,575 | 8,542,161 | 3,436,472 | |
| Total assets | 64,474,020 | 48,417,557 | 32,613,883 | |
| Accounts payable | 1,508,056 | 1,471,198 | 627,237 | |
| Accrued liabilities | 769,785 | 790,804 | 519,204 | |
| Lease liabilities, current | 1,010,473 | 963,731 | 491,945 | |
| Line of credit | - | - | 2,842,682 | |
| Current portion of long-term debt | 31,105 | 32,453 | 219,321 | |
| Other current liabilities-Related Party | 815,088 | 315,088 | 1,322,015 | |
| Customer deposits | 2,054,624 | 1,210,447 | 1,690,533 | |
| Short-term debt | 1,500,000 | - | - | |
| Floor plan notes payable | 40,004,232 | 25,312,694 | 23,478,756 | |
| Other current liabilities-Nonrelated Party | 845,140 | 773,821 | 213,631 | |
| Contingent liabilities | - | - | 350,000 | |
| Total current liabilities | 48,538,503 | 30,870,236 | 31,755,324 | |
| Long-term debt, noncurrent | 55,966 | 62,003 | 67,924 | |
| Lease liabilities, noncurrent | 5,395,207 | 5,650,165 | 1,401,170 | |
| Total long-term liabilities | 5,451,173 | 5,712,168 | 1,469,094 | |
| Total liabilities | 53,989,676 | 36,582,404 | 33,224,418 | |
| Common stock, 0.001 par value 100,000,000 shares authorized 24,320,000 and 24,020,000 shares issued and outstanding as of march 31, 2026, and december 31, 2025, respectively | 24,320 | 24,020 | 20,000 | |
| Additional paid-in capital | 20,080,980 | 17,964,567 | 2,774,944 | |
| Common stock payable | 350,000 | 350,000 | - | |
| Accumulated deficit | -9,970,956 | -6,503,434 | -3,405,479 | |
| Total stockholders equity | 10,484,344 | 11,835,153 | -610,535 | |
| Total liabilities and stockholders equity | 64,474,020 | 48,417,557 | 32,613,883 | |
OFF THE HOOK YS INC. (OTH)
OFF THE HOOK YS INC. (OTH)