PMI: the balance sheet

MyFinsight

For the year ending 2025-12-31, PMI has $22,548K in assets. $18,759K in debts. $7,451K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	7,451
Restricted cash	4,000
Accounts receivable-Nonrelated Party	623
Inventories, net	7,303
Accounts receivable-Related Party	134
Prepaid expenses and other current assets	1,215
Total current assets	20,726
Property, plant and equipment, gross	782
Less accumulated depreciation	599
Property and equipment, net	183
Finance lease right-of-use assets, net	152
Operating lease right-of-use assets, net	363
Intangible assets, net	509
Goodwill	615
Total assets	22,548

Accounts payable	2,079
Current portion of finance lease liability	77
Current portion of operating lease liability	386
Loans from related parties-Related Party	1,000
Convertible notes payable, net	0
Senior secured note	5,448
Derivative liability-Embedded Derivative Financial Instruments	0
Derivative liability-Warrant Liability	7,842
Accrued interest	6
Other accrued liabilities	1,857
Total current liabilities	18,695
Finance lease liability, net of current portion	30
Operating lease liability, net of current portion	34
Total liabilities	18,759
Common stock, 0.0001 par value 150,000,000 shares authorized 73,701,176 and 9,286,235 shares issued as of december 31, 2025 and 2024, respectively, of which 73,701,176 and 7,943,585 are outstanding as of december 31, 2025 and 2024, respectively	7
Additional paid-in capital	80,397
Accumulated other comprehensive income	228
Accumulated deficit	-76,843
Stockholders equity (deficit)	3,789
Total liabilities, temporary equity and stockholders equity (deficit)	22,548

Unit: Thousand (K) dollars (except for numbers of shares and EPS).