| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 645 | 120 | ||
| Accounts receivable | 5,000 | 5,000 | ||
| Due from related party | 17,592 | 17,592 | ||
| Prepaid expense and other current assets | 5,232 | 10,390 | ||
| Total current assets | 28,469 | 33,102 | ||
| Patents and trademarks, net | 105,154 | 110,273 | ||
| Total assets | 133,623 | 143,375 | ||
| Accounts payable and accrued liabilities | 1,156,656 | 1,081,152 | ||
| Accrued interest payable | 3,212,969 | 3,068,780 | ||
| Loans from related party | 33,944 | 13,144 | ||
| Derivative liability | - | 0 | ||
| Loans payable | 10,000 | 10,000 | ||
| Convertible notes payable | 352,075 | 352,075 | ||
| Total current liabilities | 4,765,644 | 4,525,151 | ||
| Convertible notes payable related party | 5,372,403 | 5,372,403 | ||
| Convertible notes payable | - | 0 | ||
| Shares payable | - | 0 | ||
| Total liabilities | 10,138,047 | 9,897,554 | ||
| Common stock 0.001 par value 200,000,000 shares authorized 5,403,843 and 5,316,843 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively | 5,404 | 5,404 | ||
| Additional paid-in capital | 30,741,991 | 30,741,991 | ||
| Accumulated deficit | -40,751,819 | -40,501,574 | ||
| Total stockholders' deficit | -10,004,424 | -9,754,179 | ||
| Total liabilities and stockholders' deficit | 133,623 | 143,375 | ||
SKINVISIBLE, INC. (SKVI)
SKINVISIBLE, INC. (SKVI)