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Balance Sheets Overview

Current Ratio
5311.51%
Quick Ratio
5311.51%
Cash Ratio
5271.23%
Debt to Asset Ratio
2.26%
Unit: Dollar
Assets Breakdown
    • Cash and cash equivalents
    • Right of use asset, net
    • Prepaids and other current asset...
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Accounts payable
    • Others
Balance Sheets
2026-06-30
2026-03-31
Cash and cash equivalents
19,444,793
6,656,641
Prepaids and other current assets
148,566
168,860
Total current assets
19,593,359
6,825,501
Property and equipment, gross
1,259,652
318,336
Less accumulated depreciation
15,213
2,763
Property and equipment, net
1,244,439
315,573
Right of use asset, net
166,781
181,378
Deferred financing costs
-
30,000
Other assets
37,587
9,253
Total assets
21,042,166
7,361,705
Accounts payable
162,473
87,157
Accrued expense and other liabilities
145,607
82,884
Operating lease liability, current
60,805
58,821
Total current liabilities
368,885
228,862
Operating lease liability, noncurrent
107,077
123,108
Total liabilities
475,962
351,970
Common stock, 0.0001 par value 300,000,000 shares authorized 23,164,539 and 18,770,686 shares issued and outstanding at june 30, 2026 and december 31, 2025, respectively
2,316
1,892
Additional paid-in capital
26,353,914
11,432,835
Accumulated deficit
-5,790,026
-4,424,992
Total stockholders equity
20,566,204
7,009,735
Total liabilities and stockholders equity
21,042,166
7,361,705
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Cash and cashequivalents$19,444,793 Prepaids and othercurrent assets$148,566 Property and equipment,gross$1,259,652 Total current assets$19,593,359 Property and equipment,net$1,244,439 Right of use asset, net$166,781 Other assets$37,587 Less accumulateddepreciation$15,213 Total assets$21,042,166 Total liabilities andstockholders equity$21,042,166 Total stockholdersequity$20,566,204 Total liabilities$475,962 Accumulated deficit-$5,790,026 Additional paid-in capital$26,353,914 Total currentliabilities$368,885 Operating leaseliability, noncurrent$107,077 Common stock, 0.0001par value...$2,316 Accounts payable$162,473 Accrued expense andother liabilities$145,607 Operating leaseliability, current$60,805

Palomino Laboratories Inc. (PALX)

Palomino Laboratories Inc. (PALX)