SKVI: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, SKVI has $119,419 in assets. $10,649,384 in debts.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Prepaid expense and other current assets	-	2,319	5,232	10,390
Due from related party	-	17,592	17,592	17,592
Cash	1,798	2,620	645	120
Accounts receivable	5,000	5,000	5,000	5,000
Due from related party	17,592	-	-	-
Total current assets	24,390	27,531	28,469	33,102
Patents and trademarks, net	95,029	100,036	105,154	110,273
Total assets	119,419	127,567	133,623	143,375

Derivative liability	-	-	-	0
Convertible notes payable	-	352,075	352,075	352,075
Accounts payable and accrued liabilities	1,354,961	1,253,669	1,156,656	1,081,152
Accrued interest payable	3,498,401	3,357,157	3,212,969	3,068,780
Loans from related party	61,544	45,044	33,944	13,144
Loans payable	10,000	10,000	10,000	10,000
Convertible notes payable	352,075	-	-	0
Total current liabilities	5,276,981	5,017,945	4,765,644	4,525,151
Convertible notes payable related party	5,372,403	5,372,403	5,372,403	5,372,403
Shares payable	-	-	-	0
Total liabilities	10,649,384	10,390,348	10,138,047	9,897,554
Common stock 0.001 par value 200,000,000 shares authorized 5,403,843 and 5,403,843 shares issued and outstanding at march 31, 2026 and december 31, 2025, respectively	5,404	5,404	5,404	5,404
Additional paid-in capital	30,741,991	30,741,991	30,741,991	30,741,991
Accumulated deficit	-41,277,360	-41,010,176	-40,751,819	-40,501,574
Total stockholders' deficit	-10,529,965	-10,262,781	-10,004,424	-9,754,179
Total liabilities and stockholders' deficit	119,419	127,567	133,623	143,375

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