| Balance Sheets | 2025-06-30 | |||
|---|---|---|---|---|
| Property and equipment, net | 3,200,578 | |||
| Prepaid expense and other current assets | 540,000 | |||
| Inventories, net | 200,662 | |||
| Cash and cash equivalents | 77,866 | |||
| Accounts receivable, net of allowance for doubtful accounts of 0 and 0, respectively | 68,109 | |||
| Total current assets | 886,637 | |||
| Other assets | 193,188 | |||
| Operating lease right-of-use asset | 2,098,507 | |||
| Total assets | 6,378,910 | |||
| Derivative liability | 2,994,579 | |||
| Operating lease liabilities, current | 850,591 | |||
| Loans payable to financial institutions, current | 269,119 | |||
| Convertible debt, net of debt discount of 2,703,275 at june 30, 2025 | 740,741 | |||
| Accrued expenses and current liabilities | 467,483 | |||
| Accounts payable | 750,819 | |||
| Loans payable to others | 334,508 | |||
| Loan payable, payroll protection program (ppp), current | 25,718 | |||
| Loan payable, emergency injury disaster loan (eidl), current | 30,060 | |||
| Total current liabilities | 6,463,618 | |||
| Operating lease liabilities, net of current | 1,324,067 | |||
| Loan payable, payroll protection program (ppp), net of current | 26,307 | |||
| Loan payable, emergency injury disaster loan (eidl), net of current | 469,940 | |||
| Total liabilities | 8,283,932 | |||
| Accumulated deficit | -29,094,068 | |||
| Common stock, 0.0001 par value, 40,000,000 shares authorized 5,387,129 and 4,274,508 shares issued and outstanding at june 30, 2025 and december 31, 2024, respectively | 540 | |||
| Additional paid-in capital | 25,959,801 | |||
| Accumulated other comprehensive income (loss) | 78,705 | |||
| Common stock issuable, 0.0001 par value, 294,000 shares issuable at 5.00 per share | 1,150,000 | |||
| Total stockholders equity (deficit) | -1,905,022 | |||
| Total liabilities and stockholders equity | 6,378,910 | |||
Reborn Coffee, Inc. (REBN)
Reborn Coffee, Inc. (REBN)