qmci: the balance sheet

MyFinsight

For the quarter ending 2025-06-30, QMCI has $6,660,924 in assets.

Unit: Dollar

Balance Sheets	2025-06-30
Prepaid expenses	172,132
Other current assets	204,535
Cash and cash equivalents	414,144
Accounts receivable, net	1,077,558
Total current assets	1,868,369
Property and equipment, net	189,354
Operating lease right-of-use assets (see note 5)	86,380
Intangible assets	46,187
Goodwill	110,000
Deposits	17,192
Capitalized internal-use software development costs, net	4,343,442
Total assets	6,660,924

Accumulated deficit	-22,541,272
Preferred stock, 10,000,000 shares authorized series a redeemable convertible preferred stock, 0.001 par value, 550,000 shares designated shares issued and outstanding 123,685 at june 30, 2025 and december 31, 2024 (see note 6)	2,983,857
Common stock, 0.001 par value, 150,000,000 shares authorized, shares issued and outstanding 90,477,798 at june 30, 2025 and december 31, 2024	90,479
Additional paid-in capital	19,571,425
Total stockholders' equity	104,489
Long-term portion of operating lease liabilities (see note 5)	0
Long-term portion of deferred revenue (see note 3)	338,802
Total long-term liabilities	338,802
Current portion of operating lease liabilities (see note 5)	85,160
Deferred revenue (see note 3)	2,087,471
Accounts payable and accrued liabilities	4,045,002
Total current liabilities	6,217,633
Total liabilities and stockholders' equity	6,660,924