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Balance Sheets Overview

Current Ratio
23.81%
Quick Ratio
14.82%
Debt to Asset Ratio
292.13%
Unit: Thousand (K) dollars
Assets Breakdown
    • Accounts receivable
    • Right-of-use assets
    • Other noncurrent assets
    • Others
Liabilities Breakdown
    • Accumulated deficit
    • Preferred stock series a subject...
    • Additional paid-in capital
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
61
127
65
67
Accounts receivable
1,672
1,758
1,434
951
Inventories
1,098
1,134
984
1,091
Prepaid expenses
75
111
90
10
Total current assets
2,906
3,130
2,573
2,119
Property and equipment, net
93
101
159
186
Right-of-use assets
1,466
1,530
45
180
Other noncurrent assets
200
200
450
250
Total assets
4,665
4,961
3,227
2,735
Accounts payable, accrued expenses and other current liabilities
1,126
1,444
1,312
1,504
Convertible notes payable
1,480
1,307
557
-
Lawsuit liability
1,166
1,159
1,157
1,148
Operating lease liability, current
258
250
51
201
Related party notes and advances payable
8,173
7,956
7,854
7,181
Total current liabilities
12,203
12,116
10,931
10,034
Operating lease liability, non-current
1,247
1,316
-
-
Other long term liabilities
178
144
138
131
Total liabilities
13,628
13,576
11,069
10,165
Preferred stock series a subject to possible redemption, 50,000,000 shares authorized 25,000 issued and outstanding at stated redemption value of 1,000 per share as of june 30, 2026, and december 31, 2025, respectively
25,000
25,000
25,000
25,000
Common stock, par value 0.001 a share 2,000,000,000 shares authorized as of june 30, 2026, and december 31, 2025 183,983,122 shares issued and outstanding on june 30, 2026, and december 31, 2025
184
184
184
184
Additional paid-in capital
16,174
16,174
16,174
16,174
Accumulated deficit
-50,321
-49,973
-49,200
-48,788
Total shareholders deficit
-33,963
-33,615
-32,842
-32,430
Total liabilities, redeemable convertible preferred stock and shareholders deficit
4,665
4,961
3,227
2,735
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Accounts receivable$1,672K (237.10%↑ Y/Y)Inventories$1,098K (-0.45%↓ Y/Y)Prepaid expenses$75K (-24.24%↓ Y/Y)Cash and cashequivalents$61K (-70.53%↓ Y/Y)Total current assets$2,906K (52.55%↑ Y/Y)Right-of-use assets$1,466K (369.87%↑ Y/Y)Other noncurrentassets$200K (-20.00%↓ Y/Y)Property and equipment,net$93K (-19.13%↓ Y/Y)Total assets$4,665K (80.67%↑ Y/Y)Accumulated deficit-$50,321K (-4.23%↓ Y/Y)Total liabilities,redeemable convertible...$4,665K (80.67%↑ Y/Y)Total shareholdersdeficit-$33,963K (-6.40%↓ Y/Y)Additional paid-in capital$16,174K (0.00%↑ Y/Y)Common stock, par value0.001 a share...$184K (0.00%↑ Y/Y)Preferred stock series asubject to possible...$25,000K (0.00%↑ Y/Y)Total liabilities$13,628K (43.41%↑ Y/Y)Total currentliabilities$12,203K (30.51%↑ Y/Y)Operating leaseliability, non-current$1,247K Other long termliabilities$178K (16.34%↑ Y/Y)Related party notes andadvances payable$8,173K (26.18%↑ Y/Y)Convertible notes payable$1,480K Lawsuit liability$1,166K (2.55%↑ Y/Y)Accounts payable,accrued expenses and...$1,126K (47.96%↑ Y/Y)Operating leaseliability, current$258K (-26.07%↓ Y/Y)

TurnOnGreen, Inc. (TOGIW)

TurnOnGreen, Inc. (TOGIW)