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Balance Sheets Overview
Current Ratio
9.04%
Quick Ratio
9.04%
Cash Ratio
3.98%
Debt to Asset Ratio
263.54%
Unit: Dollar
Assets Breakdown
Investment in acquisition
Prepaid investment
Cash and cash equivalents
Others
Liabilities Breakdown
Accumulated deficit
Additional paid-in-capital
Notes payable to related parties
Others
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Page 1
Quarterly
123
Page 1
Balance Sheets
2026-02-28
2025-11-30
2025-08-31
2025-05-31
Cash and cash equivalents
349,224
81,317
41,007
1,071
Accounts receivable
38,160
38,160
22,960
11,040
Prepaid investment
405,000
205,000
-
-
Total current assets
792,384
324,477
63,967
12,111
Investment in acquisition
2,500,000
2,500,000
2,500,000
6,200,000
Loans receivable, related party
35,237
35,237
35,237
35,237
Music inventory, net of accumulated depreciation of -0- and 21,815, respectively
0
0
414
453
Trademark costs
0
0
11,165
11,165
Total other assets
2,535,237
2,535,237
2,546,816
6,246,855
Total assets
3,327,621
2,859,714
2,610,783
6,258,966
Bank overdraft
-
-
-
0
Accounts payable and accrued liabilities
341,053
131,515
123,636
106,217
Accrued interest payable on notes payable
1,167,577
1,082,728
934,518
1,182,097
Accrued consulting fees
21,887
0
0
351,700
Notes payable
1,326,185
618,998
635,801
1,409,646
Notes payable to related parties
2,546,300
2,596,300
2,616,792
2,086,815
Derivative liability
3,366,728
2,449,374
63,448
625,824
Total current liabilities
8,769,730
6,878,915
4,374,195
5,762,299
Total liabilities
8,769,730
6,878,915
4,374,195
5,762,299
Common stock, 0.0001 par value 20,000,000,000 shares authorized, 11,589,180 and 4,212,498 shares issued and outstanding, respectively
1,158
753
411
421,250
Additional paid-in-capital
16,626,904
16,362,311
16,478,194
15,887,355
Accumulated deficit
-22,070,171
-20,382,265
-18,242,017
-15,811,938
Total stockholders' equity
-5,442,109
-4,019,201
-1,763,412
496,667
Total liabilities and stockholders' equity
3,327,621
2,859,714
2,610,783
6,258,966
Page 1
Unit: Dollar. Numbers labeled with * are estimated quarterly values.
Page 1
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Time Plot
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Balance Sheets
Investment in acquisition
$2,500,000
Loans receivable,
related party
$35,237
Prepaid investment
$405,000
Cash and cash
equivalents
$349,224
Accounts receivable
$38,160
Total other assets
$2,535,237
Total current assets
$792,384
Total assets
$3,327,621
Accumulated deficit
-$22,070,171
Total liabilities and
stockholders' equity
$3,327,621
Total stockholders'
equity
-$5,442,109
Additional
paid-in-capital
$16,626,904
Common stock, 0.0001
par value...
$1,158
Total liabilities
$8,769,730
Total current
liabilities
$8,769,730
Derivative liability
$3,366,728
Notes payable to
related parties
$2,546,300
Notes payable
$1,326,185
Accrued interest
payable on notes payable
$1,167,577
Accounts payable and
accrued liabilities
$341,053
Accrued consulting fees
$21,887
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Transglobal Management Group, Inc. (TMGI)
Transglobal Management Group, Inc. (TMGI)