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ScanTech AI Systems Inc. (STAI)

ScanTech AI Systems Inc. (STAI)

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Balance Sheets Overview

Current Ratio
17.64%
Quick Ratio
12.27%
Debt to Asset Ratio
901.92%
Unit: Dollar
Assets Breakdown
    • Securities pledged to creditors ...
    • Prepaid expenses and other curre...
    • Cash
    • Others
Liabilities Breakdown
    • Accumulated deficit
    • Additional paid-in capital
    • Long-term debt, net-Related Part...
    • Others
Balance Sheets
2025-09-30
2025-06-30
2025-03-31
Cash
157,646
41,123
771,171
Prepaid expenses
-
423,339
469,157
Prepaid expenses and other current assets
397,782
-
-
Prepaid inventory
57,071
90,857
1,215,027
Research and development tax credit receivable
38,475
99,755
135,437
Inventories
1,541,348
1,821,763
1,313,777
Security pledged to creditors - common stock
-
2,065,422
1,111,322
Securities pledged to creditors - common stock
2,872,653
-
-
Total current assets
5,064,975
4,542,259
5,015,891
Property and equipment, net
45,020
50,214
50,116
Other long-term assets
36,333
36,333
36,333
Total assets
5,146,328
4,628,806
5,102,340
Accrued issuable equity
-
-
6,090,000
Accounts payable
3,533,531
4,661,098
4,978,453
Accrued advisory fees
7,625,000
7,625,000
7,625,000
Accrued expenses and other current liabilities
316,433
290,271
2,583,627
Accrued compensation
950,020
1,048,403
672,366
Accrued federal tax liability, including penalties and interest
6,062,983
5,936,772
5,827,023
Interest payable-Nonrelated Party
693,202
385,870
1,406,735
Interest payable-Related Party
992,348
642,860
330,783
Deferred revenue
727,634
755,405
1,275,657
Related parties payable
105,095
455,095
1,255,095
Short-term debt, net-Nonrelated Party
7,700,078
5,570,250
5,795,456
Total current liabilities
28,706,324
27,371,024
37,840,195
Long-term debt, net-Nonrelated Party
3,000,000
3,000,000
3,000,000
Long-term debt, net-Related Party
14,701,451
14,701,451
14,701,451
Earn-out liability
8,000
13,000
30,000
Total liabilities
46,415,775
45,085,475
55,571,646
Common stock, 0.0001 par value 500,000,000 shares authorized 65,067,752 shares issued and outstanding as of september 30, 2025 14,184,397 as of december 31, 2024
6,507
4,826
2,561
Shares to be issued (851,083 shares of common stock as of september 30, 2025 none as of december 31, 2024)
491,612
250,000
20,684,324
Additional paid-in capital
177,228,725
168,611,934
131,227,059
Accumulated deficit
-218,996,291
-209,323,429
-202,383,250
Total shareholders' deficit
-41,269,447
-40,456,669
-50,469,306
Total liabilities and shareholders' deficit
5,146,328
4,628,806
5,102,340
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Securities pledged tocreditors - common stock$2,872,653 Inventories$1,541,348 Prepaid expenses andother current assets$397,782 Cash$157,646 Prepaid inventory$57,071 Research and developmenttax credit...$38,475 Total current assets$5,064,975 Property and equipment,net$45,020 Other long-termassets$36,333 Total assets$5,146,328 Accumulated deficit-$218,996,291 Total liabilities andshareholders' deficit$5,146,328 Total shareholders'deficit-$41,269,447 Additional paid-in capital$177,228,725 Shares to be issued(851,083 shares of common...$491,612 Common stock, 0.0001par value...$6,507 Total liabilities$46,415,775 Total currentliabilities$28,706,324 Long-term debt,net-Related Party$14,701,451 Long-term debt,net-Nonrelated Party$3,000,000 Earn-out liability$8,000 Short-term debt,net-Nonrelated Party$7,700,078 Accrued advisory fees$7,625,000 Accrued federal taxliability, including...$6,062,983 Accounts payable$3,533,531 Interestpayable-Related Party$992,348 Accrued compensation$950,020 Deferred revenue$727,634 Interestpayable-Nonrelated Party$693,202 Accrued expenses andother current...$316,433 Related parties payable$105,095