For the quarter ending 2026-03-31, VIPZ has $3,766,000 in assets. $42,322,000 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 23,000 | 241,000 | 311,000 | 162,599 |
| Cash reserved for users | 60,000 | 58,000 | 187,000 | 277,002 |
| Related party receivables | 722,000 | 420,000 | - | - |
| Prepaid expenses and other current assets | 1,981,000 | 2,124,000 | 2,272,000 | 2,419,151 |
| Total current assets | 2,786,000 | 2,843,000 | 2,770,000 | 2,858,752 |
| Debt issuance costs, net | - | - | - | 0 |
| Equipment, net | - | - | - | 493 |
| Total | - | - | - | 919,909 |
| Less accumulated amortization | - | - | - | 37,374 |
| Intangible assets, net | 976,000 | 1,029,000 | 1,005,000 | 882,535 |
| Security deposit | - | - | - | 4,076 |
| Deposits and other assets | 4,000 | 4,000 | 4,000 | - |
| Total other assets | 980,000 | 1,033,000 | 1,009,000 | 887,104 |
| Total assets | 3,766,000 | 3,876,000 | 3,779,000 | 3,745,856 |
| Notes payable - long-term | - | - | - | 0 |
| Total long-term liabilities | - | - | - | 0 |
| Accounts payable and accrued expenses | 1,317,000 | 1,329,000 | 1,451,000 | 1,072,123 |
| Accrued expenses - related party | 4,003,000 | 3,111,000 | 2,347,000 | 1,678,322 |
| Players liabilities | 80,000 | 73,000 | 108,000 | 336,389 |
| Notes payable-Nonrelated Party | 59,000 | 340,000 | 499,000 | 764,415 |
| Notes payable-Related Party | 30,000 | 30,000 | 30,000 | 30,000 |
| Convertible notes, net of discount | 423,000 | 410,000 | 132,000 | 85,407 |
| Line of credit - related party | 28,075,000 | 25,680,000 | 22,486,000 | 19,586,000 |
| Derivative liability | 8,335,000 | 187,000 | 11,148,000 | 11,226,000 |
| Total current liabilities | 42,322,000 | 31,160,000 | 38,201,000 | 34,778,656 |
| Total liabilities | 42,322,000 | 31,160,000 | 38,201,000 | 34,778,656 |
| Preferred stock value-Series APreferred Stock | - | - | - | 0 |
| Preferred stock value-Series CPreferred Stock | - | - | - | 0 |
| Preferred stock value | 12,000 | 12,000 | 12,000 | 11,693 |
| Common stock, 0.001 par value, 475,000,000 shares authorized, 73,457,857 and 73,457,857 shares issued and outstanding as of march 31, 2026, and june 30, 2025, respectively | 73,000 | 73,000 | 73,000 | 73,457 |
| Additional paid-in capital | 31,624,000 | 31,473,000 | 31,332,000 | 31,268,755 |
| Accumulated deficit | -70,265,000 | -58,842,000 | -65,839,000 | -62,386,705 |
| Total stockholders deficit | -38,556,000 | -27,284,000 | -34,422,000 | -31,032,800 |
| Total liabilities and stockholders deficit | 3,766,000 | 3,876,000 | 3,779,000 | 3,745,856 |
VIP Play, Inc. (VIPZ)
VIP Play, Inc. (VIPZ)