STI: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, STI has $5,326,744 in assets. $13,595,332 in debts.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash	38,887	204,725	160,506	114,652
Accounts receivable	15,624	5,110	5,560	5,111
Other receivable	302,500	302,500	302,500	302,500
Inventory	24,430	24,430	24,430	24,430
Prepaid expenses	66,818	170,257	263,899	346,237
Deferred offering costs	460,915	-	-	-
Other current assets	447,329	76,166	253,887	431,608
Total current assets	1,356,503	783,188	1,010,782	1,224,538
Property and equipment, net of depreciation	1,974,467	2,022,043	2,069,620	2,117,196
Patents, net of amortization	1,995,774	1,991,623	2,004,770	1,993,268
Total assets	5,326,744	4,796,854	5,085,172	5,335,002

Accounts payable and accrued expenses	5,553,222	3,509,936	4,240,017	3,457,424
Excise tax payable	1,060,321	964,463	950,815	937,167
Derivative liabilities	4,211,250	4,772,600	15,308,400	13,071,350
Due to related party	162,873	87,873	87,873	87,873
Short-term notes payable	2,607,666	2,647,556	1,905,067	1,875,290
Total liabilities	13,595,332	11,982,428	22,492,172	19,429,104
Common stock, 0.0001 par value, 300,000,000 shares authorized, 7,745,683 and 7,465,283 issued and outstanding as of march 31, 2026 and december 31, 2025, respectively	774	746	288	272
Additional paid-in capital	159,453,519	159,027,646	95,564,836	94,785,605
Stock subscription receivable	2,919,674	2,841,427	80,241	80,241
Accumulated deficit	-164,803,207	-163,372,539	-112,891,883	-108,799,738
Total stockholders deficit	-8,268,588	-7,185,574	-17,407,000	-14,094,102
Total liabilities and stockholders deficit	5,326,744	4,796,854	5,085,172	5,335,002

Unit: Dollar. Numbers labeled with * are estimated quarterly values.