UTKN: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, UTKN has $1,155,204 in assets. $51,693 in debts.

Balance Sheets	2026-03-31	2025-12-31
Cash	223	1,842
Prepaid and other current assets	-	11,088
Other current assets	6,675	-
Total current assets	6,898	12,930
Software development in progress	-	1,133,500
Intangible assets	4,806	4,806
Software development	1,143,500	-
Total non-current assets	1,148,306	1,138,306
Total assets	1,155,204	1,151,236

Accounts payable and accrued expenses	7,693	30,000
Total current liabilities	7,693	30,000
Loans payable, related party	44,000	-
Total non-current liabilities	44,000	-
Total liabilities	51,693	30,000
Preferred stock, value	-	10,000
Preferred stock 0.001 par value, 100,000,000 shares authorized and 10,000,000 shares issued and outstanding	10,000	-
Common stock 0.001 par value, 750,000,000 and 750,000,000 shares authorized, 101,561,000 and 101,561,000 shares issued and outstanding, respectively	101,561	101,561
Additional paid-in capital	1,544,894	1,544,894
Other comprehensive (loss) income	-	0
Accumulated deficit	-552,944	-535,219
Total stockholders equity attributable to parent	1,103,511	1,121,236
Equity attributable to noncontrolling interest	-7	-7
Total stockholders' equity	1,103,504	1,121,229
Total liabilities and stockholders' equity	1,155,204	1,151,236

Unit: Dollar. Numbers labeled with * are estimated quarterly values.