For the quarter ending 2026-03-31, POSC has $2,792,078 in assets. $2,631,525 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 1,406,756 | 2,520,466 | ||
| Accounts receivable | - | 8,333 | ||
| Inventory | 680,000 | 680,000 | ||
| Prepaids and other | 64,262 | 130,387 | ||
| Total current assets | 2,151,018 | 3,339,186 | ||
| Property and equipment - net | 96,151 | 105,752 | ||
| Operating lease - right-of-use asset | 169,909 | 179,711 | ||
| Deposits | 375,000 | 375,000 | ||
| Total assets | 2,792,078 | 3,999,649 | ||
| Accounts payable and accrued expenses | 363,104 | 81,512 | ||
| Accounts payable and accrued expenses - related party | 430,366 | 407,017 | ||
| Deferred revenue | 222,997 | 120,000 | ||
| Note payable - related party | 875,000 | 1,200,000 | ||
| Operating lease liability | 30,612 | 30,612 | ||
| Convertible advance payable | 563,000 | 563,000 | ||
| Total current liabilities | 2,485,079 | 2,402,141 | ||
| Operating lease liability | 146,446 | 153,686 | ||
| Total long term liabilities | 146,446 | 153,686 | ||
| Total liabilities | 2,631,525 | 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 32,849,451 and 32,799,451 shares issued and outstanding, respectively | 3,285 | 3,280 | ||
| Additional paid-in capital | 146,472,491 | 146,377,996 | ||
| Accumulated deficit | -146,314,848 | -144,937,079 | ||
| Less treasury stock at cost - 750 and 750 shares, respectively | 375 | 375 | ||
| Total stockholders equity | 160,553 | 1,443,822 | ||
| Total liabilities and stockholders equity | 2,792,078 | 3,999,649 | ||
POSITRON CORP (POSC)
POSITRON CORP (POSC)