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Toppoint Holdings Inc. (TOPP)

Toppoint Holdings Inc. (TOPP)

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Balance Sheets Overview

Current Ratio
564.90%
Quick Ratio
564.90%
Debt to Asset Ratio
15.16%
Unit: Dollar
Assets Breakdown
    • Cash
    • Loan receivable, non-current
    • Loan receivable, current
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Accounts payable and accrued exp...
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Deposit on property and equipment related party
-
0
500,000
-
Prepaid expenses related party
-
0
-
-
Cash
4,698,480
836,167
1,202,395
463,352
Accounts receivable, net
1,509,242
1,576,756
1,402,421
1,512,449
Contract assets
172,752
172,085
178,392
159,038
Prepaid expensesrelated party
-
-
75,000
286,752
Prepaid expenses
46,200
47,984
-
-
Loan receivable, current
2,000,000
2,000,000
2,000,000
-
Interest receivable from loan receivable
541,751
453,279
365,779
-
Total current assets
8,968,425
5,086,271
5,223,987
2,421,591
Property and equipment, net
1,047,554
1,127,306
1,207,056
1,837,419
Intangible asset, net
336,089
403,307
470,525
537,742
Loan receivable, non-current
3,000,000
3,000,000
3,000,000
5,250,000
Operating lease right-of-use asset, net
343,163
402,246
458,614
512,442
Operating lease right-of-use asset, net related parties
43,241
59,017
74,559
-
Right-of-use asset, net related party
-
-
-
89,870
Financing lease right-of-use asset, net
98,958
114,583
-
-
Security deposit
61,000
61,000
61,000
61,000
Total assets
13,898,430
10,253,730
10,995,741
10,710,064
Accounts payable and accrued expenses
808,124
793,878
886,243
563,225
Deferred revenue
25,022
26,228
23,091
-
Loans payable, current maturities
375,375
391,253
383,827
59,336
Related party loan
84,487
84,487
84,487
84,487
Lease liability - operating, current maturities
199,244
186,379
174,344
163,086
Lease liability - operating, current maturities related party
37,741
53,517
63,586
68,033
Lease liability financing, current maturities
57,622
60,716
-
-
Total current liabilities
1,587,615
1,596,458
1,615,578
938,167
Loans payable, net of current maturities
442,502
540,999
608,178
400,073
Lease liability - operating, net of current maturities
38,692
93,596
144,954
192,997
Lease liability, net of current maturities related parties
-
-
5,473
16,336
Lease liability financing, net of current maturities
38,506
54,851
-
-
Total liabilities
2,107,315
2,285,904
2,374,183
1,547,573
Common stock, 0.0001 par value, 300,000,000 shares authorized, 24,700,000 and 19,700,000 issued and outstanding at june 30, 2026 and december 31, 2025, respectively
2,470
1,970
1,970
1,940
Additional paid-in capital
17,693,050
13,563,550
13,563,550
12,966,580
Accumulated deficit
-5,904,405
-5,597,694
-4,943,962
-3,806,029
Total shareholders equity
11,791,115
7,967,826
8,621,558
9,162,491
Total liabilities and shareholders equity
13,898,430
10,253,730
10,995,741
10,710,064
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Cash$4,698,480 (215.89%↑ Y/Y)Loan receivable,current$2,000,000 Accounts receivable, net$1,509,242 (43.94%↑ Y/Y)Interest receivable fromloan receivable$541,751 Contract assets$172,752 (-59.57%↓ Y/Y)Prepaid expenses$46,200 Total current assets$8,968,425 (180.01%↑ Y/Y)Loan receivable,non-current$3,000,000 (-47.37%↓ Y/Y)Property and equipment,net$1,047,554 (-46.93%↓ Y/Y)Operating leaseright-of-use asset, net$343,163 (-40.89%↓ Y/Y)Intangible asset, net$336,089 (-44.44%↓ Y/Y)Financing leaseright-of-use asset, net$98,958 Security deposit$61,000 (0.00%↑ Y/Y)Operating leaseright-of-use asset, net...$43,241 Total assets$13,898,430 (13.35%↑ Y/Y)Total liabilities andshareholders equity$13,898,430 (13.35%↑ Y/Y)Total shareholdersequity$11,791,115 (23.75%↑ Y/Y)Total liabilities$2,107,315 (-22.90%↓ Y/Y)Accumulated deficit-$5,904,405 (-1833.39%↓ Y/Y)Additional paid-in capital$17,693,050 (92.61%↑ Y/Y)Total currentliabilities$1,587,615 (-20.58%↓ Y/Y)Loans payable, net ofcurrent maturities$442,502 (-0.37%↓ Y/Y)Lease liability -operating, net of current...$38,692 (-84.66%↓ Y/Y)Lease liability financing, net of current...$38,506 Common stock, 0.0001par value,...$2,470 (41.14%↑ Y/Y)Accounts payable andaccrued expenses$808,124 (23.50%↑ Y/Y)Loans payable,current maturities$375,375 (1204.43%↑ Y/Y)Lease liability -operating, current...$199,244 (33.54%↑ Y/Y)Related party loan$84,487 (-92.32%↓ Y/Y)Lease liability financing, current...$57,622 Lease liability -operating, current...$37,741 Deferred revenue$25,022