For the quarter ending 2026-03-31, TOPP has $10,253,730 in assets. $2,285,904 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Deposit on property and equipment related party | 0 | 500,000 | - | - |
| Prepaid expenses related party | 0 | - | - | - |
| Cash | 836,167 | 1,202,395 | 463,352 | 1,487,357 |
| Prepaid expensesrelated party | - | 75,000 | 286,752 | 239,692 |
| Deferred offering costs | - | - | - | 0 |
| Accounts receivable, net | 1,576,756 | 1,402,421 | 1,512,449 | 1,048,533 |
| Contract assets | 172,085 | 178,392 | 159,038 | 427,304 |
| Prepaid expenses | 47,984 | - | - | - |
| Loan receivable, current | 2,000,000 | 2,000,000 | - | - |
| Interest receivable from loan receivable | 453,279 | 365,779 | - | - |
| Total current assets | 5,086,271 | 5,223,987 | 2,421,591 | 3,202,886 |
| Property and equipment, net | 1,127,306 | 1,207,056 | 1,837,419 | 1,973,810 |
| Intangible asset, net | 403,307 | 470,525 | 537,742 | 604,960 |
| Loan receivable, non-current | 3,000,000 | 3,000,000 | 5,250,000 | 5,700,000 |
| Operating lease right-of-use asset, net | 402,246 | 458,614 | 512,442 | 580,545 |
| Operating lease right-of-use asset, net related parties | 59,017 | 74,559 | - | - |
| Security deposit | - | - | - | 61,000 |
| Right-of-use asset, net related party | - | - | 89,870 | - |
| Financing lease right-of-use asset, net | 114,583 | - | - | - |
| Right-of-use asset, net related party-Related Party | - | - | - | 138,121 |
| Security deposit | 61,000 | 61,000 | 61,000 | - |
| Total assets | 10,253,730 | 10,995,741 | 10,710,064 | 12,261,322 |
| Accounts payable and accrued expenses | 793,878 | 886,243 | 563,225 | 654,358 |
| Deferred revenue | 26,228 | 23,091 | - | 0 |
| Loans payable, current maturities | 391,253 | 383,827 | 59,336 | 28,777 |
| Related party loan | 84,487 | 84,487 | 84,487 | 1,100,000 |
| Lease liability - operating, current maturities | 186,379 | 174,344 | 163,086 | 149,198 |
| Lease liability - operating, current maturities related party | 53,517 | 63,586 | 68,033 | - |
| Lease liability, current maturities related party-Related Party | - | - | - | 66,689 |
| Lease liability financing, current maturities | 60,716 | - | - | - |
| Total current liabilities | 1,596,458 | 1,615,578 | 938,167 | 1,999,022 |
| Lease liability, net of current maturities-Related Party | - | - | - | 37,742 |
| Deferred tax liability | - | - | - | 0 |
| Lease liability, net of current maturities related party-Related Party | - | - | - | 37,742 |
| Loans payable, net of current maturities | 540,999 | 608,178 | 400,073 | 444,148 |
| Lease liability - operating, net of current maturities | 93,596 | 144,954 | 192,997 | 252,263 |
| Lease liability, net of current maturities related parties | - | 5,473 | 16,336 | - |
| Lease liability financing, net of current maturities | 54,851 | - | - | - |
| Total liabilities | 2,285,904 | 2,374,183 | 1,547,573 | 2,733,175 |
| Common stock, 0.0001 par value, 300,000,000 shares authorized, 19,700,000 issued and outstanding at march 31, 2026 and december 31, 2025, respectively | 1,970 | 1,970 | 1,940 | 1,750 |
| Additional paid-in capital | 13,563,550 | 13,563,550 | 12,966,580 | 9,185,770 |
| Accumulated deficit | -5,597,694 | -4,943,962 | -3,806,029 | 340,627 |
| Total shareholders equity | 7,967,826 | 8,621,558 | 9,162,491 | 9,528,147 |
| Total liabilities and shareholders equity | 10,253,730 | 10,995,741 | 10,710,064 | 12,261,322 |
Toppoint Holdings Inc. (TOPP)
Toppoint Holdings Inc. (TOPP)