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For the year ending 2025-12-31, SFRX has $275,740 in assets. $3,703,260 in debts.

Balance Sheets Overview

Current Ratio
1.60%
Quick Ratio
1.60%
Debt to Asset Ratio
1343.03%
Unit: Dollar
Assets Breakdown
    • Property, plant and equipment, n...
    • Office lease
    • Cash
    • Others
Liabilities Breakdown
    • Accumulated deficit
    • Additional paid in capital
    • Notes payable, in default
    • Others

Balance Sheets
2025-12-31
Cash
50,469
Prepaid consulting expense
6,907
Deposits and other prepaids
749
Total current assets
58,125
Property, plant and equipment, net
170,743
Office lease
90,884
Less accumulated amortization
44,012
Right of use asset, net
46,872
Total assets
275,740
Accounts payable and accrued expenses
1,044,970
Deferred revenue
140,000
Convertible notes payable, in default
475,300
Convertible notes payable, in default - related parties
704,500
Notes payable, net of discount of 4,783 and 67,708, respectively
45,217
Notes payable, in default
1,112,000
Notes payable, in default - related parties
18,500
Line of credit
40,304
Shareholder loan
5,000
Operating lease liability, current
16,238
Finance lease liability, current
29,640
Total current liabilities
3,631,669
Operating lease liability, long term
30,968
Finance lease liability, long-term
40,623
Total liabilities
3,703,260
Common stock, 0.0001 par value - 17,000,000,000 shares authorized 10,133,211,197 and 8,944,932,833 shares issued and outstanding at december 31, 2025 and 2024, respectively
1,013,322
Common stock to be issued, 0.0001 par value, 32,373,211 and 33,039,877 shares outstanding at december 31, 2025 and 2024, respectively
3,238
Additional paid in capital
30,542,596
Accumulated deficit
-34,986,676
Total stockholders deficit
-3,427,520
Total liabilities and stockholders deficit
275,740
Unit: Dollar.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Cash$50,469 Prepaid consultingexpense$6,907 Deposits and otherprepaids$749 Office lease$90,884 Property, plant andequipment, net$170,743 Total current assets$58,125 Right of use asset, net$46,872 Less accumulatedamortization$44,012 Total assets$275,740 Accumulated deficit-$34,986,676 Total liabilities andstockholders deficit$275,740 Total stockholdersdeficit-$3,427,520 Additional paid in capital$30,542,596 Common stock, 0.0001par value -...$1,013,322 Common stock to beissued, 0.0001 par...$3,238 Total liabilities$3,703,260 Total currentliabilities$3,631,669 Finance leaseliability, long-term$40,623 Operating leaseliability, long term$30,968 Notes payable, indefault$1,112,000 Accounts payable andaccrued expenses$1,044,970 Convertible notes payable,in default -...$704,500 Convertible notes payable,in default$475,300 Deferred revenue$140,000 Notes payable, net ofdiscount of 4,783 and...$45,217 Line of credit$40,304 Finance leaseliability, current$29,640 Notes payable, indefault - related...$18,500 Operating leaseliability, current$16,238 Shareholder loan$5,000

SEAFARER EXPLORATION CORP (SFRX)

SEAFARER EXPLORATION CORP (SFRX)