qtiww: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, QTIWW has $12,120,941 in assets. $21,197,385 in debts.

Unit: Dollar

Balance Sheets	2025-09-30
Cash	1,715,400
Restricted cash and cash equivalents	20,000
Accounts receivable	3,243,706
Inventory	5,242,228
Prepaid expenses and other current assets	1,066,801
Total current assets	11,288,135
Property and equipment, net	127,127
Operating lease right-of-use assets, net	666,529
Other assets	39,150
Total assets	12,120,941

Accounts payable	2,019,136
Accrued expenses and other current liabilities	5,235,216
Current maturities of long-term debt	5,022,966
Deferred revenue	23,929
Operating lease liabilities, current	441,634
Total current liabilities	12,742,881
Long-term debt	272,879
Related party notes payable	3,895,112
Operating lease liabilities	321,270
Warrant liability	105,834
Derivative liability	0
Earnout liability	2,510,000
Other liabilities	1,349,409
Total liabilities	21,197,385
Common stock, 0.0001 par value 500,000,000 shares authorized as of september30, 2025 and december31, 2024 9,658,369 and 8,922,906 shares issued and outstanding as of september30, 2025 and december31, 2024, respectively	967
Additional paid-in capital	42,558,037
Accumulated deficit	-51,635,448
Total stockholders deficit	-9,076,444
Total liabilities and stockholders deficit	12,120,941