SRCO: the balance sheet

MyFinsight

For the quarter ending 2025-10-31, SRCO has $860,561 in assets. $11,922,727 in debts. $33,607 in cash and cash equivalents.

Unit: Dollar

Balance Sheets	2025-10-31	2025-07-31
Cash and cash equivalents	33,607	45,332
Accounts receivable	6,522	4,993
Inventory	4,053	4,607
Other current assets	807,379	786,314
Total current assets	851,561	841,246
Rent deposit	9,000	9,000
Total assets	860,561	850,246

Accounts payable and accrued expenses	1,371,395	1,362,297
Short term loan	1,585	1,585
Current portion notes payable	8,642,653	8,394,053
Derivative liabilities	1,114,161	1,044,284
Total current liabilities	11,129,794	10,802,219
Loans payable-related parties-Related Party	643,262	639,748
Notes payable- net of current portion	149,671	302,315
Total long term liabilities	792,933	942,063
Total liabilities	11,922,727	11,744,282
Preferred stock, value-Series AConvertible Preferred Stock	12,500	12,500
Preferred stock, value-Series CRedeemable Convertible Preferred Stock	1,953	1,953
Preferred stock, value-Series DRedeemable Convertible Preferred Stock	774	774
Common stock, 0.001 par value 750,000,000 shares authorized, and 44,573,124 and 40,133,669 shares issued and outstanding as of october31, 2025 and april 30, 2025, respectively	44,574	41,503
Common stock to be issued 34,772,174 and 33,612,875 as of october 31, 2025 and april 30, 2025, respectively	34,772	34,202
Additional paid-in-capital	57,740,720	57,392,957
Accumulated deficit	-69,927,979	-69,401,313
Total deficiency in stockholders equity	-12,092,686	-11,917,424
Non-controlling interest	1,030,520	1,023,388
Total deficit	-11,062,166	-10,894,036
Total liabilities and deficit	860,561	850,246