SGN: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, SGN has $1,022,154 in assets. $1,090,463 in debts.

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	215,539	656,707
Accounts receivable	14,949	23,217
Prepaid expense	55,000	50,000
Total current assets	285,488	729,924
Property and equipment, net	9,494	10,565
Internally developed software, net	504,612	556,570
Operating lease right of use asset, net	69,495	89,912
Intangible assets, net	1,833	3,667
Deferred offering costs	117,000	-
Other assets	34,232	34,232
Total assets	1,022,154	1,424,870

Accounts payable	790,879	679,508
Accrued liabilities	220,168	281,408
Loans payable	-	0
Warrant liability	-	0
Deferred revenue	1,655	2,397
Current operating lease right of use liability	77,761	92,404
Total current liabilities	1,090,463	1,055,717
Noncurrent operating lease liability	-	8,042
Preferred stock 150,000,000 authorized shares, 0 shares issued and outstanding as of june 30, 2025 and december 31, 2024, respectively	-	0
Total liabilities	1,090,463	1,063,759
Common stock par value 0.0001 per share 150,000,000 authorized shares, 3,947,781 and 909,232 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively	396	391
Additional paid-in capital	28,392,273	28,255,297
Subscription receivable	11	11
Accumulated deficit	-28,460,967	-27,894,566
Total stockholders equity (deficit)	-68,309	361,111
Total liabilities and stockholders equity	1,022,154	1,424,870

Unit: Dollar. Numbers labeled with * are estimated quarterly values.