Vystar Corp (VYST)
Vystar Corp (VYST)
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 9,907 | 4,454 | 16,584 | 22,111 |
| Accounts receivable | 859 | 338 | 5,842 | 2,352 |
| Inventories, net | 57,609 | 58,912 | 62,575 | 66,982 |
| Prepaid expenses and other | 300,331 | 304,719 | 300,000 | 300,025 |
| Assets of discontinued operations | 5,601 | 5,601 | 5,601 | 5,601 |
| Total current assets | 374,307 | 374,024 | 390,602 | 397,071 |
| Property and equipment, gross | 342,403 | 342,403 | 342,403 | NaN |
| Accumulated depreciation | 340,962 | 330,264 | 319,568 | NaN |
| Property and equipment, net | 1,441 | 12,139 | 22,835 | 33,533 |
| Intangible assets, net | 62,279 | 66,287 | 70,295 | 75,081 |
| Total assets | 438,027 | 452,450 | 483,732 | 505,685 |
| Accounts payable | 1,331,251 | 1,353,412 | 1,279,245 | 1,283,312 |
| Accrued expenses | 484,020 | 428,924 | 469,050 | 459,245 |
| Related party stock subscription payable-Nonrelated Party | 2,749,422 | 2,566,036 | NaN | NaN |
| Stock subscription payable | NaN | NaN | 2,998,391 | 2,910,152 |
| Stock subscription payable, net of related party-Related Party | 598,648 | 558,648 | NaN | NaN |
| Shareholder, convertible and contingently convertible notes payable and accrued interest - current maturities | 31,824 | 31,434 | 31,044 | 30,654 |
| Related party debt - current maturities, net of debt discount-Related Party | 1,058,592 | 971,447 | 939,294 | 915,246 |
| Derivative liabilities | 423,632 | 423,632 | 356,142 | 355,981 |
| Unearned revenue | 44,337 | 44,337 | 44,337 | 44,337 |
| Related party advances-Related Party | 85,960 | 79,460 | 77,460 | 77,460 |
| Liabilities of discontinued operations | 530,863 | 530,863 | 530,863 | 530,863 |
| Total current liabilities | 7,338,549 | 6,988,193 | 6,725,826 | 6,607,250 |
| Convertible preferred stock-Series APreferred Stock | 1 | 1 | 1 | 1 |
| Convertible preferred stock-Series BPreferred Stock | 32 | 32 | 32 | 34 |
| Convertible preferred stock-Series CPreferred Stock | 192 | 192 | 192 | 192 |
| Common stock, 0.0001 par value, 1,500,000,000 shares authorized 24,621,394 shares issued at march 31, 2026 and december 31, 2025, and 24,621,094 shares outstanding at march 31, 2026 and december 31, 2025 | 2,462 | 2,462 | 2,248 | 1,913 |
| Additional paid-in capital | 54,876,762 | 54,876,762 | 54,875,368 | 54,744,843 |
| Accumulated deficit | -61,749,662 | -61,384,883 | -61,089,626 | -60,818,239 |
| Common stock in treasury, at cost 300 shares | 30 | 30 | 30 | 30 |
| Total vystar stockholders deficit | -6,870,243 | -6,505,464 | -6,211,815 | -6,071,286 |
| Noncontrolling interest | -30,279 | -30,279 | -30,279 | -30,279 |
| Total stockholders deficit | -6,900,522 | -6,535,743 | -6,242,094 | -6,101,565 |
| Total liabilities and stockholders deficit | 438,027 | 452,450 | 483,732 | 505,685 |