VWAVW: the balance sheet

MyFinsight

For the year ending 2025-09-30, VWAVW has $2,693,013 in assets. $14,488,460 in debts.

Unit: Dollar

Balance Sheets	2025-09-30
Cash	2,284,933
Prepaid expenses and other current assets	189,549
Advance to supplier	98,250
Due from related party	120,000
Total current assets	2,692,732
Investment in securities designated for sale	281
Total assets	2,693,013

Accounts payable and accrued expenses	3,917,834
Customer deposit	108,006
Income taxes payable	994,704
Excise tax payable	943,039
Promissory notes - evie	1,003,995
Due to related parties	2,434,492
Convertible notes payable, net of unamortized debt issuance cost	4,861,390
Deferred underwriters discount	225,000
Total current liabilities	14,488,460
Total liabilities	14,488,460
Common stock, par value 0.01 authorized 150,000,000 shares and14,521,094 and 11,000,000 shares issued and outstanding at september 30, 2025 and 2024, respectively	145,211
Additional paid-in capital	3,168,248
Accumulated deficit	-15,108,906
Total stockholders deficit	-11,795,447
Total liabilities and stockholders deficit	2,693,013