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Balance Sheets Overview

Current Ratio
0.79%
Quick Ratio
0.79%
Debt to Asset Ratio
2017.57%
Unit: Dollar
Assets Breakdown
    • Property and equipment, net
    • Cash
    • Prepaid consulting expense
    • Deposits and other prepaids
Liabilities Breakdown
    • Accumulated deficit
    • Additional paid in capital
    • Accounts payable and accrued exp...
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash
25,267
30,216
50,469
24,653
Prepaid consulting expense
1,604
6,359
6,907
5,040
Deposits and other prepaids
749
749
749
749
Total current assets
27,620
37,324
58,125
30,442
Property and equipment, net
107,917
125,380
170,743
190,554
Right of use asset
38,714
42,841
46,872
50,809
Total assets
174,251
205,545
275,740
271,805
Accounts payable and accrued expenses
1,144,204
981,807
1,044,970
953,305
Deferred revenue
140,000
140,000
140,000
140,000
Convertible notes payable
60,000
-
-
75,000
Convertible notes payable, in default
325,300
325,300
475,300
400,300
Convertible notes payable, in default - related parties
699,500
699,500
704,500
704,500
Notes payable, net of discount of 4,783 and 67,708, respectively
-
-
45,217
-
Notes payable, in default
1,007,000
1,162,000
1,112,000
1,112,000
Notes payable, in default - related parties
18,500
18,500
18,500
18,500
Line of credit
48,286
0
40,304
49,152
Shareholder loan
5,000
5,000
5,000
5,000
Operating lease liability, current
17,488
16,848
16,238
15,643
Finance lease liabilities, current
16,068
16,068
29,640
28,537
Total current liabilities
3,481,346
3,365,023
3,631,669
3,501,937
Operating lease liability, long term
21,960
26,527
30,968
35,300
Finance lease liabilities, long-term
12,338
16,178
40,623
48,914
Total liabilities
3,515,644
3,407,728
3,703,260
3,586,151
Series b - 60 shares issued and outstanding
0
0
-
-
Common stock, 0.0001 par value - 17,000,000,000 shares authorized 11,019,410,363 and 10,133,211,197 shares issued and outstanding at june 30, 2026 and december 31, 2025, respectively
1,101,942
1,080,725
1,013,322
975,172
Common stock to be issued, 0.0001 par value, 29,039,877 and 32,373,211 shares outstanding at june 30, 2026 and december 31, 2025, respectively
2,905
3,238
3,238
3,838
Additional paid in capital
31,832,066
31,594,700
30,542,596
30,006,511
Accumulated deficit
-36,278,306
-35,880,846
-34,986,676
-34,299,867
Total stockholders deficit
-3,341,393
-3,202,183
-3,427,520
-3,314,346
Total liabilities and stockholders deficit
174,251
205,545
275,740
271,805
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Cash$25,267 (680.57%↑ Y/Y)Prepaid consultingexpense$1,604 Deposits and otherprepaids$749 (-91.00%↓ Y/Y)Property and equipment,net$107,917 (-48.70%↓ Y/Y)Right of use asset$38,714 (2152.12%↑ Y/Y)Total current assets$27,620 (139.03%↑ Y/Y)Total assets$174,251 (-22.08%↓ Y/Y)Accumulated deficit-$36,278,306 (-7.91%↓ Y/Y)Total liabilities andstockholders deficit$174,251 (-22.08%↓ Y/Y)Total stockholdersdeficit-$3,341,393 (-9.59%↓ Y/Y)Additional paid in capital$31,832,066 (7.47%↑ Y/Y)Common stock, 0.0001par value -...$1,101,942 (16.14%↑ Y/Y)Common stock to beissued, 0.0001 par...$2,905 (0.03%↑ Y/Y)Total liabilities$3,515,644 (7.43%↑ Y/Y)Total currentliabilities$3,481,346 (8.25%↑ Y/Y)Operating leaseliability, long term$21,960 Finance leaseliabilities, long-term$12,338 (-78.16%↓ Y/Y)Accounts payable andaccrued expenses$1,144,204 (48.79%↑ Y/Y)Notes payable, indefault$1,007,000 (-9.44%↓ Y/Y)Convertible notes payable,in default -...$699,500 (-0.71%↓ Y/Y)Convertible notes payable,in default$325,300 (-15.57%↓ Y/Y)Deferred revenue$140,000 (0.00%↑ Y/Y)Convertible notes payable$60,000 (300.00%↑ Y/Y)Line of credit$48,286 (30.50%↑ Y/Y)Notes payable, indefault - related...$18,500 (0.00%↑ Y/Y)Operating leaseliability, current$17,488 (897.60%↑ Y/Y)Finance leaseliabilities, current$16,068 (-42.45%↓ Y/Y)Shareholder loan$5,000 (0.00%↑ Y/Y)

SEAFARER EXPLORATION CORP (SFRX)

SEAFARER EXPLORATION CORP (SFRX)