For the quarter ending 2025-08-31, PAXH has $1,150,285 in assets. $722,963 in debts. $130,285 in cash and cash equivalents.
| Balance Sheets | 2025-08-31 | 2025-05-31 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 130,285 | 0 | ||
| Prepaid expense | 360,000 | - | ||
| Current assets | 490,285 | 0 | ||
| Intangible assets, net | - | 0 | ||
| Prepaid expense long-term | 660,000 | - | ||
| Total assets | 1,150,285 | 0 | ||
| Accounts payable and accruals | 31,354 | 43,683 | ||
| Accruals and other current liabilities - related party | 501,387 | 468,725 | ||
| Related party loans | 100,438 | 1,627,421 | ||
| Bank indebtedness | 0 | 10 | ||
| Short-term loans payable | 89,784 | 201,330 | ||
| Current liabilities | 722,963 | 2,341,169 | ||
| Total liabilities | 722,963 | 2,341,169 | ||
| Common stock, 75,000,000 shares authorized, 0.001 par value,19,767,698 issued and outstanding at august 31, 2025 and may 31, 2025, respectively | 19,768 | 19,768 | ||
| Additional paid in capital | 2,782,203 | 2,782,203 | ||
| Stock subscription | 3,651,222 | 7,825 | ||
| Accumulated deficit | -6,085,524 | -5,210,390 | ||
| Accumulated other comprehensive income | 59,653 | 59,425 | ||
| Total shareholders' equity or deficit | 427,322 | -2,341,169 | ||
| Total liabilities and shareholders' equity or deficit | 1,150,285 | 0 | ||
PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. (PAXH)
PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. (PAXH)