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USBC, Inc. (USBC)

USBC, Inc. (USBC)

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Balance Sheets Overview

Current Ratio
22.83%
Quick Ratio
22.83%
Debt to Asset Ratio
30.21%
Unit: Dollar
Assets Breakdown
    • Digital assets
    • Deferred tax asset
    • Cash and cash equivalents
    • Others
Liabilities Breakdown
    • Additional paid in capital
    • Accumulated deficit
    • Loan payable
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
2,982,232
2,035,047
4,092,308
8,821,999
Restricted cash
660,000
-
-
-
Prepaid expenses
624,091
486,450
291,174
228,030
Note receivable, net
48,452
-
-
-
Derivative assets
-
8,165
61,348
708,170
Digital assets - receivable, net
-
894,853
2,348,695
-
Derivative assets and digital assets receivable, net
248,105
-
-
-
Total current assets
4,562,880
3,424,515
6,793,525
9,758,199
Property and equipment, net
-
-
28,547
35,429
Digital assets
58,113,455
68,674,725
86,637,784
115,042,951
Deferred tax asset
3,664,237
-
-
-
Other assets
-
-
24,174
24,174
Other non-current assets
146,599
24,174
-
-
Operating lease right-of-use asset
-
154,888
186,900
218,475
Total assets
66,487,171
72,278,302
93,670,930
125,079,228
Accounts payable - trade
3,069,064
2,913,837
1,988,049
1,828,919
Accounts payable - related parties
-
-
0
53,750
Accrued expenses
1,670,547
2,652,260
1,095,885
962,354
Accrued expenses - related parties
-
-
-
0
Current portion of convertible notes payable, net
-
-
0
88,428
Current portion of convertible notes payable - related parties
-
-
-
0
Loan payable
15,000,000
5,000,000
-
-
Current portion of operating lease right-of-use liability
90,083
87,362
84,712
82,118
Derivative liabilities
152,798
23,355
509,022
724,255
Total current liabilities
19,982,492
10,676,814
3,677,668
3,739,824
Operating lease liability, net of current portion
103,818
127,472
150,106
172,245
Non-current portion of convertible notes payable, net
-
-
-
0
Deferred tax liability
0
1,571,455
8,311,381
24,047,988
Total liabilities
20,086,310
12,375,741
12,139,155
27,960,057
Preferred stock, value, issued-Convertible Preferred Stock Series C
-
-
-
0
Preferred stock, value, issued-Convertible Preferred Stock Series D
-
-
-
0
Common stock
388,144
388,144
388,144
388,144
Additional paid in capital
282,901,721
275,614,847
271,689,292
259,820,840
Accumulated deficit
-236,889,004
-216,100,430
-190,545,661
-163,089,813
Total stockholders' equity
46,400,861
59,902,561
81,531,775
97,119,171
Total liabilities and stockholders' equity
66,487,171
72,278,302
93,670,930
125,079,228
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Cash and cashequivalents$2,982,232 Restricted cash$660,000 Prepaid expenses$624,091 Derivative assets anddigital assets...$248,105 Note receivable, net$48,452 Digital assets$58,113,455 Total current assets$4,562,880 Deferred tax asset$3,664,237 Other non-currentassets$146,599 Total assets$66,487,171 Total liabilities andstockholders' equity$66,487,171 Total stockholders'equity$46,400,861 Total liabilities$20,086,310 Accumulated deficit-$236,889,004 Additional paid in capital$282,901,721 Total currentliabilities$19,982,492 Operating leaseliability, net of current...$103,818 Common stock$388,144 Loan payable$15,000,000 Accounts payable - trade$3,069,064 Accrued expenses$1,670,547 Derivative liabilities$152,798 Current portion ofoperating lease...$90,083