SRFM: the balance sheet

MyFinsight

For the year ending 2025-12-31, SRFM has $131,681K in assets. $186,538K in debts. $12,672K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash	12,672
Accounts receivable, net	3,929
Prepaid expenses and other current assets	14,320
Total current assets	30,921
Restricted cash	10,091
Property and equipment, gross	55,949
Accumulated depreciation	10,354
Property and equipment, net	45,595
Intangible assets, gross	37,457
Accumulated amortization	17,390
Intangible assets, net	20,067
Operating lease right-of-use assets	12,510
Finance lease right-of-use assets	809
Other assets	11,688
Total assets	131,681

Accounts payable	18,437
Accrued expenses and other current liabilities	47,702
Deferred revenue	17,924
Current maturities of long-term debt	2,712
Operating lease liabilities, current	3,636
Finance lease liabilities, current	277
Safe notes at fair value, current	5
Convertible notes at fair value, current	42,274
Due to related parties, current	643
Total current liabilities	133,610
Long-term debt, net of current maturities	14,389
Convertible notes at fair value, long term	25,183
Operating lease liabilities, long term	8,714
Finance lease liabilities, long term	670
Due to related parties, long term	100
Other long term liabilities	3,872
Total liabilities	186,538
Common stock, 0.0001 par value 800,000,000 shares authorized as of both december 31, 2025 and december 31, 2024 73,082,025 shares issued and outstanding as of december 31, 2025 and 16,933,692 shares issued and outstanding as of december 31, 2024	7
Additional paid-in capital	733,135
Accumulated deficit	-787,999
Total shareholders' deficit	-54,857
Total liabilities and shareholders' deficit	131,681

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