For the quarter ending 2025-09-30, SNTW has $116,238 in assets. $925,939 in debts. $94,947 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 94,947 | 15,664 | ||
| Deposits | 2,218 | 2,218 | ||
| Account receivables | - | 739 | ||
| Prepayments | 13,879 | 30,584 | ||
| Total current assets | 111,044 | 49,205 | ||
| Plant and equipment, net | 5,194 | 5,528 | ||
| Total non-current assets | 5,194 | 5,528 | ||
| Total assets | 116,238 | 54,733 | ||
| Deferred revenue | - | 3,484 | ||
| Accounts payable and accrued expenses | 41,783 | 32,836 | ||
| Due to related parties | 884,156 | 747,530 | ||
| Total current liabilities | 925,939 | 783,850 | ||
| Total liabilities | 925,939 | - | ||
| Common stock, 0.001 par value, 500,000,000 shares authorized 68,911,657 shares issued and outstanding as at september 30, 2025 and december 31, 2024 | 68,912 | 68,912 | ||
| Additional paid-in capital | 878,755 | 878,755 | ||
| Accumulated deficit | -1,757,368 | -1,676,784 | ||
| Total stockholders deficit | -809,701 | -729,117 | ||
| Total liabilities & stockholders deficit | 116,238 | 54,733 | ||
Summit Networks Inc. (SNTW)
Summit Networks Inc. (SNTW)