SKAS: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, SKAS has $8,958,569 in assets. $448,885 in debts.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Inventories	-	0	0	0
Cash and cash equivalents	4,539,940	4,631,666	4,790,773	5,073,343
Investments	3,723,657	3,688,909	3,669,746	3,628,346
Accounts receivable	10,000	0	0	0
Prepaid expenses	684,972	734,951	626,089	640,652
Total current assets	8,958,569	9,055,526	9,086,608	9,342,341
Property and equipment, net of accumulated depreciation	-	0	0	0
Total assets	8,958,569	9,055,526	9,086,608	9,342,341

Deferred liability less current portion	-	-	-	30,769
Total long-term liabilities	-	-	-	30,769
Accounts payable	179,188	187,006	79,831	131,111
Customer deposits	-	0	0	0
Deferred liability	84,615	130,769	184,613	200,000
Accrued expenses	185,082	10,506	9,946	31,410
Total current liabilities	448,885	328,281	274,390	362,521
Total liabilities	448,885	328,281	274,390	393,290
Common stock - 0.03 par value authorized 3,333,334 1,010,514 shares issued and outstanding at march 31, 2026 and december 31, 2025, respectively	30,316	30,316	29,916	29,916
Additional paid-in capital	20,150,876	20,145,210	20,085,463	20,058,365
Accumulated deficit	-11,671,508	-11,448,281	-11,303,161	-11,139,230
Total stockholders equity	8,509,684	8,727,245	8,812,218	8,949,051
Total liabilities and stockholders equity	8,958,569	9,055,526	9,086,608	9,342,341

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