For the quarter ending 2026-03-31, SSM has $6,038K in assets. $6,516K in debts. $237K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | |
|---|---|---|---|---|
| Cash | 237 | 206 | 2,250 | |
| Inventory | - | 329 | 312 | |
| Digital assets / bitcoin treasury | 4,709 | - | - | |
| Prepaid taxes and vat receivables | 7 | 103 | 597 | |
| Prepaid expenses and other current assets | 59 | 118 | 102 | |
| Total current assets | - | 756 | 3,261 | |
| Property, plant and equipment, net | - | 94 | 106 | |
| Right of use lease assets | - | 574 | 588 | |
| Assets of discontinued operations classified as held for sale, including right-of-use assets | 1,026 | - | - | |
| Total assets | 6,038 | 1,424 | 3,955 | |
| Accounts payable and accrued expenses | 1,015 | 948 | 595 | |
| Lease liability, current portion | - | 70 | 167 | |
| Convertible notes payable at fair value | - | - | 0 | |
| Accrued interest payable | 44 | - | - | |
| Vat payable | - | - | 236 | |
| Deferred revenue | - | 5 | - | |
| Convertible notes payable, net of discount | 699 | - | - | |
| Other current liabilities | - | 4 | 27 | |
| Derivative liabilities-Embedded Conversion Features | 3,708 | - | - | |
| Total current liabilities | - | 1,027 | 1,025 | |
| Derivative liabilities-Call Option | 21 | - | - | |
| Lease liability, long term portion | - | 504 | 421 | |
| Liabilities of discontinued operations classified as held for sale, including lease liabilities | 1,029 | - | - | |
| Total liabilities | 6,516 | 1,531 | 1,446 | |
| Preferred shares, par value 300.00 per share, 1,401 shares authorized, 1,401 and 1,401 shares issued and outstanding as of march 31, 2026 and december 31, 2025, respectively | 456 | 420 | 420 | |
| Ordinary shares and high voting shares-Ordinary Shares | 14 | 14 | 14 | |
| Ordinary shares and high voting shares-High Voting Shares | 10 | - | 10 | |
| Additional paid-in capital | 343,504 | 316,862 | 316,859 | |
| Accumulated deficit | -335,405 | -317,413 | -314,794 | |
| Accumulated other comprehensive income (loss) | -9,057 | - | - | |
| Total shareholders equity | -478 | -107 | 2,509 | |
| Total liabilities and shareholders equity | 6,038 | 1,424 | 3,955 | |
Sono Group N.V. (SSM)
Sono Group N.V. (SSM)