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Balance Sheets Overview

Current Ratio
6.58%
Quick Ratio
6.58%
Debt to Asset Ratio
1123.79%
Unit: Dollar
Assets Breakdown
    • Prepaid expenses and other curre...
    • Related party receivables
    • Cash reserved for users
    • Others
Liabilities Breakdown
    • Accumulated deficit
    • Additional paid-in capital
    • Line of credit - related party
    • Others
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
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
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Prepaid expenses andother current assets$1,981,000 Related partyreceivables$722,000 Cash reserved forusers$60,000 Cash$23,000 Intangible assets, net$976,000 Deposits and other assets$4,000 Total current assets$2,786,000 Total other assets$980,000 Total assets$3,766,000 Accumulated deficit-$70,265,000 Total liabilities andstockholders deficit$3,766,000 Total stockholdersdeficit-$38,556,000 Additional paid-in capital$31,624,000 Common stock, 0.001 parvalue, 475,000,000...$73,000 Preferred stock value$12,000 Total liabilities$42,322,000 Total currentliabilities$42,322,000 Line of credit -related party$28,075,000 Derivative liability$8,335,000 Accrued expenses -related party$4,003,000 Accounts payable andaccrued expenses$1,317,000 Convertible notes, net ofdiscount$423,000 Players liabilities$80,000 Notespayable-Nonrelated Party$59,000 Notespayable-Related Party$30,000

VIP Play, Inc. (VIPZ)

VIP Play, Inc. (VIPZ)