SOWG: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, SOWG has $25,570,876 in assets. $6,481,761 in debts. $387,294 in cash and cash equivalents.

Unit: Dollar

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	387,294	959,416
Accounts receivable, net	174,757	701,175
Inventory, net	11,524,269	20,806,336
Prepaid inventory	19,923	23,962
Prepaid expenses	226,694	309,194
Assets held for sale	713,256	-
Total current assets	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	10,311,440	11,532,848
Security deposit	1,043,972	1,343,972
Right-of-use asset	1,169,271	14,308,536
Total assets	25,570,876	49,985,439

Accounts payable	818,797	1,176,343
Accrued interest	110,973	56,096
Accrued expenses	734,548	1,177,800
Current portion of operating lease liabilities	1,551,711	2,973,780
Current maturities of notes payable-Related Party	0	0
Current maturities of notes payable-Nonrelated Party	0	0
Total current liabilities	3,216,029	5,384,019
Operating lease liabilities	1,123,302	13,924,607
Convertible notes payable-Related Party	1,992,430	1,956,226
Notes payable	150,000	150,000
Total liabilities	6,481,761	21,414,852
Common stock, 0.001 par value, 500,000,000 shares authorized, 12,223,599 and 11,300,624 shares issued and outstanding as of september 30, 2025 and december 31, 2024	12,224	12,166
Additional paid-in capital	99,212,152	97,758,197
Accumulated deficit	-80,135,261	-69,199,776
Total stockholders' equity	19,089,115	28,570,587
Total liabilities and stockholders' equity	25,570,876	49,985,439

Unit: Dollar