sti: the balance sheet

MyFinsight

For the quarter ending 2025-06-30, STI has $5,335,002 in assets. $17,168,454 in debts.

Unit: Dollar

Balance Sheets	2025-06-30
Prepaid expenses	346,237
Other receivable	302,500
Other current assets	431,608
Inventory	24,430
Cash	114,652
Accounts receivable	5,111
Total current assets	1,224,538
Property and equipment, net of depreciation	2,117,196
Patents, net of amortization	1,993,268
Total assets	5,335,002

Derivative liabilities	10,810,700
Income taxes payable	0
Due to related party-Related Party	87,873
Short-term notes payable	1,875,290
Convertible notes	0
Accounts payable and accrued expenses	3,457,424
Excise tax payable	937,167
Total liabilities	17,168,454
Stock subscription receivable	80,241
Accumulated deficit	-106,539,088
Common stock, 0.0001 par value, 300,000,000 shares authorized, 2,716,794 and 2,633,956 issued and outstanding as of june 30, 2025 and december 31, 2024, respectively	272
Additional paid-in capital	94,785,605
Total stockholders equity (deficit)	-11,833,452
Total liabilities and stockholders equity (deficit)	5,335,002