QMCI: the balance sheet

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For the year ending 2025-12-31, QMCI has $5,773,230 in assets.

Balance Sheets	2025-12-31
Cash and cash equivalents	319,889
Accounts receivable, net (see note 3)	1,202,816
Prepaid expenses	78,494
Other current assets	242,280
Total current assets	1,843,479
Deposits	29,200
Property and equipment, net (see note 6)	173,937
Capitalized internal-use software development costs, net (see note 7)	3,405,884
Goodwill (see note 8)	110,000
Intangible assets (see note 8)	40,995
Operating lease right-of-use assets (see note 5)	169,735
Total assets	5,773,230

Accounts payable and accrued liabilities	4,569,306
Deferred revenue (see note 2)	1,589,900
Current portion of operating lease liabilities (see note 5)	53,757
Total current liabilities	6,212,963
Long-term portion of deferred revenue (see note 2)	282,756
Long-term portion of operating lease liabilities (see note 5)	117,853
Total long-term liabilities	400,609
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 december 31, 2025 (see note 10)	2,983,857
Common stock, 0.001 par value, 150,000,000 shares authorized, shares issued and outstanding 90,477,798 at december 31, 2025 and december 31, 2024	90,479
Additional paid-in capital	19,590,625
Accumulated deficit	-23,505,303
Total stockholders' (deficit) equity	-840,342
Total liabilities and stockholders' (deficit) equity	5,773,230

Unit: Dollar.