tmgi: the balance sheet

MyFinsight

For the quarter ending 2025-08-31, TMGI has $2,610,783 in assets. $4,374,195 in debts. $41,007 in cash and cash equivalents.

Unit: Dollar

Balance Sheets	2025-08-31
Cash and cash equivalents	41,007
Accounts receivable	22,960
Total current assets	63,967
Investment in acquisition	2,500,000
Loans receivable, related party	35,237
Music inventory, net of accumulated depreciation of 21,854 and 21,815, respectively	414
Trademark costs	11,165
Total other assets	2,546,816
Total assets	2,610,783

Accounts payable and accrued liabilities	123,636
Accrued interest payable on notes payable	934,518
Accrued consulting fees	0
Notes payable	635,801
Notes payable to related parties	2,616,792
Derivative liability	63,448
Total current liabilities	4,374,195
Total liabilities	4,374,195
Common stock, 0.0001 par value 5,000,000,000 shares authorized, 4,121,479 and 4,212,498 shares issued and outstanding, respectively	411
Additional paid-in-capital	16,478,194
Accumulated deficit	-18,242,017
Total stockholders' equity	-1,763,412
Total liabilities and stockholders' equity	2,610,783