SOAR: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, SOAR has $13,590K in assets. $9,485K in debts.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash	4,350	4,707
Restricted cash	0	0
Accounts receivable, net	64	32
Contract assets, net	450	211
Deposits	3,000	3,000
Note receivable, current	156	106
Investment in m2i	1,910	-
Prepaid expenses and other current assets	655	957
Current assets - discontinued operations	749	1,673
Total current assets	11,334	10,686
Property and equipment, net	341	422
Operating lease, right-of-use assets	139	148
Deposits	65	63
Note receivable, non-current	1,711	1,729
Non-current assets - discontinued operations	0	0
Total assets	13,590	13,048

Accounts payable and accrued liabilities	2,662	3,299
Convertible notes, net	3,066	1,474
Operating lease liability	42	41
Credit facility and other loans	0	0
Customer deposits and deferred revenue	1,909	6,840
Current liabilities - discontinued operations	1,710	8,351
Total current liabilities	9,389	20,005
Operating lease liability, non-current	96	107
Non-current liabilities - discontinued operations	0	0
Total liabilities	9,485	20,112
Common stock class a, 0.001 par value 200,000,000 authorized 7,435,756 and 1,843,852 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively	5	5
Additional paid-in capital	97,205	93,181
Accumulated deficit	-93,105	-100,250
Total shareholders equity (deficit)	4,105	-7,064
Total liabilities and shareholders equity	13,590	13,048

Unit: Thousand (K) dollars