For the quarter ending 2025-09-30, REBN has $6,198,248 in assets. $9,620,143 in debts. $44,045 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 44,045 | 77,866 | ||
| Accounts receivable, net | 147,459 | 68,109 | ||
| Inventory, net | 200,662 | 200,662 | ||
| Prepaid expenses and other current assets | 274,950 | 540,000 | ||
| Total current assets | 667,116 | 886,637 | ||
| Total property and equipment | 5,074,769 | - | ||
| Less accumulated depreciation | 1,631,417 | - | ||
| Property and equipment, net | 3,443,352 | 3,200,578 | ||
| Operating lease right-of-use asset | 1,894,592 | 2,098,507 | ||
| Other assets | 193,188 | 193,188 | ||
| Total assets | 6,198,248 | 6,378,910 | ||
| Accounts payable | 895,738 | 750,819 | ||
| Accrued expenses and current liabilities | 535,142 | 467,483 | ||
| Deferred revenue | 70,000 | - | ||
| Loans payable to financial institutions, current | 132,164 | 269,119 | ||
| Loans payable to others | 449,027 | - | ||
| Convertible debt, net of debt discount of 2,913,579 | 1,253,086 | 740,741 | ||
| Derivative liability | 3,768,692 | 2,994,579 | ||
| Loans payable to others | - | 334,508 | ||
| Loan payable, emergency injury disaster loan, current | 30,060 | - | ||
| Loan payable, payroll protection program (ppp), current | - | 25,718 | ||
| Loan payable, payroll protection program, current | 26,307 | - | ||
| Loan payable, emergency injury disaster loan (eidl), current | - | 30,060 | ||
| Operating lease liabilities, current | 794,492 | 850,591 | ||
| Total current liabilities | 7,954,708 | 6,463,618 | ||
| Loan payable, emergency injury disaster loan, net of current | 469,940 | 469,940 | ||
| Loan payable, payroll protection program, net of current | 25,718 | 26,307 | ||
| Operating lease liabilities, net of current | 1,169,777 | 1,324,067 | ||
| Total liabilities | 9,620,143 | 8,283,932 | ||
| Common stock, 0.0001 par value, 40,000,000 shares authorized 5,927,830 and 4,274,508 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively | 594 | 540 | ||
| Common stock issuable, 0.0001 par value, 420,000 shares issuable | 1,460,000 | 1,150,000 | ||
| Additional paid-in capital | 27,589,871 | 25,959,801 | ||
| Accumulated deficit | -32,543,761 | -29,094,068 | ||
| Accumulated other comprehensive income | 71,401 | 78,705 | ||
| Total stockholders' equity (deficit) | -3,421,895 | -1,905,022 | ||
| Total liabilities and stockholders' equity | 6,198,248 | 6,378,910 | ||
Reborn Coffee, Inc. (REBN)
Reborn Coffee, Inc. (REBN)