For the quarter ending 2026-03-31, SDSTW has $9,437,235 in assets. $17,304,900 in debts. $1,235,564 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Investment in equity securities | - | - | - | 576,571 |
| Deferred transaction costs | - | 25,000 | 25,000 | 25,000 |
| Cash | 1,235,564 | 3,480,151 | 1,585,004 | 2,606,750 |
| Promissory notes | - | - | 332,363 | 332,363 |
| Prepaid expenses and other current assets | 479,110 | 573,834 | 455,733 | 147,533 |
| Total current assets | 1,714,674 | 4,078,985 | 2,398,100 | 3,688,217 |
| Property and equipment, gross | - | 1,762,266 | - | - |
| Accumulated depreciation | - | 4,995 | - | - |
| Property and equipment, net | 1,757,810 | 1,757,271 | 1,753,630 | 1,754,411 |
| Capital project costs | 5,371,667 | 5,354,493 | 5,279,822 | 5,266,271 |
| Investment in equity securities | 42,975 | 37,374 | 45,908 | 18,228 |
| Other long-term assets | 550,109 | 547,169 | 561,752 | 576,335 |
| Total assets | 9,437,235 | 11,775,292 | 10,039,212 | 11,303,462 |
| Accounts payable | 8,462,791 | 8,305,096 | 9,253,643 | 10,585,314 |
| Accrued liabilities and other current liabilities | 3,467,569 | 4,836,999 | 4,803,615 | 4,319,006 |
| Current portion of early exercised shares option liability | 1,024 | 1,122 | 1,220 | 1,253 |
| Short-term loans-Related Party | - | - | - | 0 |
| Current portion of convertible note | 1,826,820 | 933,022 | - | - |
| Short-term loans | 103,848 | 205,403 | 304,666 | 0 |
| Total current liabilities | 13,862,052 | 14,281,642 | 14,363,144 | 14,905,573 |
| Advance from pipe investor | - | - | - | 0 |
| Warrant liability | 1,709,607 | 1,042,036 | 790,654 | 279,545 |
| Earnout liability | 4,700 | 4,700 | 4,700 | 4,700 |
| Convertible note | 1,728,143 | 2,259,984 | - | - |
| Early exercised shares option liability | 398 | 613 | 828 | 1,108 |
| Total liabilities | 17,304,900 | 17,588,975 | 15,159,326 | 15,190,926 |
| Common stock, 0.0001 par value, 700,000,000 shares authorized, 9,966,473 and 9,869,558 shares issued and outstanding as at march 31, 2026, and december 31, 2025, respectively | 985 | 975 | 883 | 8,292 |
| Additional paid-in capital | 65,708,626 | 62,527,926 | 59,471,853 | 56,237,330 |
| Accumulated deficit | -73,577,276 | -68,342,584 | -64,592,850 | -60,133,086 |
| Total stockholders deficit | -7,867,665 | -5,813,683 | -5,120,114 | -3,887,464 |
| Total liabilities and stockholders deficit | 9,437,235 | 11,775,292 | 10,039,212 | 11,303,462 |
Stardust Power Inc. (SDSTW)
Stardust Power Inc. (SDSTW)