PALX: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, PALX has $7,361,705 in assets. $351,970 in debts. $6,656,641 in cash and cash equivalents.

Balance Sheets	2026-03-31
Cash and cash equivalents	6,656,641
Prepaids and other current assets	168,860
Total current assets	6,825,501
Property and equipment, gross	318,336
Less accumulated depreciation	2,763
Property and equipment, net	315,573
Right of use asset, net	181,378
Deferred financing costs	30,000
Other assets	9,253
Total assets	7,361,705

Accounts payable	87,157
Accrued expense and other liabilities	82,884
Operating lease liability, current	58,821
Total current liabilities	228,862
Operating lease liability, noncurrent	123,108
Total liabilities	351,970
Common stock, 0.0001 par value 300,000,000 shares authorized 18,920,686 and 18,770,686 shares issued and outstanding at march 31, 2026 and december 31, 2025, respectively	1,892
Additional paid-in capital	11,432,835
Accumulated deficit	-4,424,992
Total stockholders equity	7,009,735
Total liabilities and stockholders equity	7,361,705

Unit: Dollar. Numbers labeled with * are estimated quarterly values.