POSC: the balance sheet

MyFinsight

For the year ending 2025-12-31, POSC has $3,999,649 in assets. $2,555,827 in debts.

Balance Sheets	2025-12-31
Cash and cash equivalents	2,520,466
Accounts receivable	8,333
Inventory	680,000
Prepaids and other	130,387
Total current assets	3,339,186
Property and equipment - net	105,752
Operating lease - right-of-use asset	179,711
Deposits	375,000
Total assets	3,999,649

Accounts payable and accrued expenses	81,512
Accounts payable and accrued expenses - related party	407,017
Deferred revenue	120,000
Note payable - related party - net	1,200,000
Convertible advance payable	563,000
Operating lease liability	30,612
Total current liabilities	2,402,141
Operating lease liability	153,686
Total long term liabilities	153,686
Total liabilities	2,555,827
Preferred stock, value	0
Preferred stock, value-Series APreferred Stock	0
Preferred stock, value-Series BPreferred Stock	0
Preferred stock, value-Series CPreferred Stock	0
Preferred stock, value-Series DPreferred Stock	0
Preferred stock, value-Series EPreferred Stock	0
Preferred stock, value-Series FPreferred Stock	0
Preferred stock, value-Series GPreferred Stock	0
Preferred stock, value-Series HPreferred Stock	0
Preferred stock, value-Series SPreferred Stock	0
Common stock - 0.0001 par value, 100,000,000 shares authorized 32,799,451 and 27,305,008 shares issued and outstanding, respectively	3,280
Additional paid-in capital	146,377,996
Less treasury stock at cost - 750 and 750 shares, respectively	375
Accumulated deficit	-144,937,079
Total stockholders equity (deficit)	1,443,822
Total liabilities and stockholders equity (deficit)	3,999,649

Unit: Dollar.