SOWG: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, SOWG has $3,045,885 in assets. $4,496,679 in debts. $2,318,848 in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
68.01%
Quick Ratio
67.89%
Cash Ratio
53.35%
Debt to Asset Ratio
147.63%
Unit: Dollar
Assets Breakdown
Cash and cash equivalents
Other receivables
Right-of-use asset
Others
Liabilities Breakdown
Accumulated deficit
Additional paid-in capital
Accrued expenses
Others

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	2,318,848	1,474,445	387,294	959,416
Accounts receivable, net	2,687	1,651,471	174,757	701,175
Accounts receivable - related party, net	505,764	-	-	-
Other receivables	93,491	93,198	-	-
Inventory, net	4,911	22,871	11,524,269	20,806,336
Prepaid inventory	-	-	19,923	23,962
Prepaid expenses	30,357	90,460	226,694	309,194
Current assets of discontinued operations	-	60,333	713,256	-
Total current assets	2,956,059	3,392,778	13,046,193	22,800,083
Property and equipment, gross	-	-	12,884,781	-
Less accumulated depreciation and amortization	-	-	2,573,341	-
Property and equipment, net	19,167	21,667	10,311,440	11,532,848
Security deposit	26,309	283,972	1,043,972	1,343,972
Right-of-use asset	44,350	76,971	1,169,271	14,308,536
Assets of discontinued operation	-	0	-	-
Total assets	3,045,885	3,775,388	25,570,876	49,985,439

Accounts payable	1,025,293	1,297,851	818,797	1,176,343
Current maturities of notes payable-Related Party	-	0	0	0
Accrued interest	38,393	96,453	110,973	56,096
Current maturities of notes payable-Nonrelated Party	-	0	0	0
Accrued severance	1,150,000	2,442,500	-	-
Accrued expenses	1,307,662	584,186	734,548	1,177,800
Current portion of operating lease liabilities	43,772	78,171	1,551,711	2,973,780
Current liabilities related to discontinued operations	-	346,861	-	-
Current maturities of convertible notes payable	781,559	1,341,420	-	-
Total current liabilities	4,346,679	6,187,442	3,216,029	5,384,019
Operating lease liabilities	-	0	1,123,302	13,924,607
Convertible notes payable-Related Party	-	-	1,992,430	1,956,226
Notes payable	150,000	150,000	150,000	150,000
Liabilities of discontinued operation	-	0	-	-
Total liabilities	4,496,679	6,337,442	6,481,761	21,414,852
Preferred stock, value-Series AAPreferred Stock	1,090	-	-	-
Preferred stock, 0.001 par value, 20,000,000 shares authorized, no shares issued and outstanding	-	1,500	-	-
Preferred stock, value-Series AAAPreferred Stock	377	-	-	-
Common stock, 0.001 par value, 500,000,000 shares authorized, 888,591 and 814,833 shares issued and outstanding as of march 31, 2026 and december 31, 2025, respectively	20,120	12,224	12,224	12,166
Additional paid-in capital	104,101,089	100,507,939	99,212,152	97,758,197
Accumulated deficit	-105,573,470	-103,083,717	-80,135,261	-69,199,776
Total stockholders deficit	-1,450,794	-2,562,054	19,089,115	28,570,587
Total liabilities and stockholders deficit	3,045,885	3,775,388	25,570,876	49,985,439

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

MyFinsight

Balance Sheets Overview

Current Ratio
68.01%
Quick Ratio
67.89%
Cash Ratio
53.35%
Debt to Asset Ratio
147.63%
Unit: Dollar
Assets Breakdown
Cash and cash equivalents
Other receivables
Right-of-use asset
Others
Liabilities Breakdown
Accumulated deficit
Additional paid-in capital
Accrued expenses
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio
68.01%
Quick Ratio
67.89%
Cash Ratio
53.35%
Debt to Asset Ratio
147.63%
Unit: Dollar
Assets Breakdown
Cash and cash equivalents
Other receivables
Right-of-use asset
Others
Liabilities Breakdown
Accumulated deficit
Additional paid-in capital
Accrued expenses
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio68.01%Quick Ratio67.89%Cash Ratio53.35%Debt to Asset Ratio147.63%Unit: DollarAssets BreakdownCash and cash equivalentsOther receivablesRight-of-use assetOthersLiabilities BreakdownAccumulated deficitAdditional paid-in capitalAccrued expensesOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio68.01%Quick Ratio67.89%Cash Ratio53.35%Debt to Asset Ratio147.63%Unit: DollarAssets BreakdownCash and cash equivalentsOther receivablesRight-of-use assetOthersLiabilities BreakdownAccumulated deficitAdditional paid-in capitalAccrued expensesOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Current Ratio
68.01%
Quick Ratio
67.89%
Cash Ratio
53.35%
Debt to Asset Ratio
147.63%
Unit: Dollar
Assets Breakdown
Cash and cash equivalents
Other receivables
Right-of-use asset
Others
Liabilities Breakdown
Accumulated deficit
Additional paid-in capital
Accrued expenses
Others

Current Ratio
68.01%
Quick Ratio
67.89%
Cash Ratio
53.35%
Debt to Asset Ratio
147.63%
Unit: Dollar
Assets Breakdown
Cash and cash equivalents
Other receivables
Right-of-use asset
Others
Liabilities Breakdown
Accumulated deficit
Additional paid-in capital
Accrued expenses
Others