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For the quarter ending 2026-03-31, WBSR has $38,078,695 in assets. $41,771,868 in debts.

Balance Sheets Overview

Current Ratio
93.92%
Quick Ratio
93.92%
Debt to Asset Ratio
109.70%
Unit: Dollar
Assets Breakdown
    • Inventory-Land And Land Acquisit...
    • Inventory-Project Development
    • Prepaid expenses and other curre...
    • Cash
Liabilities Breakdown
    • Accumulated deficit
    • Additional paid-in-capital
    • Promissory notes payable, less u...
    • Others

Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Due from related party
--80,129 -
Forge atlanta escrow account deposits
--400,000 -
Prepaid expenses
--4,848 9,849
Other current assets
--194 37,132
Cash
1,271 4,271 7,789 5,576
Inventory-Project Development
3,370,470 3,310,470 --
Inventory-Land And Land Acquisition
34,658,198 34,658,198 --
Prepaid expenses and other current assets
48,756 12,405 --
Total current assets
38,078,695 37,985,344 492,960 52,557
Deposits related to forge atlanta project
--115,000 100,000
Total assets
38,078,695 37,985,344 607,960 152,557
Convertible note payable-Related Party
---1,000,000
Convertible note payable-Nonrelated Party
---67,330
Accounts payable
88,668 294,323 14,750 500
Accrued expenses
300,000 303,341 --
Accrued interest-Related Party
155,358 135,358 115,358 95,357
Accrued interest-Nonrelated Party
621,258 113,026 288 -
Convertible note payable related party-Related Party
1,000,000 1,000,000 1,000,000 -
Short term loans payable
898,480 205,880 174,830 -
Promissory notes payable, less unamortized debt issuance costs of 42,425 and 135,983, respectively
37,276,706 37,388,940 519,937 -
Promissory notes payable
---81,000
Liability for condominium, less unamortized issuance costs of 372,778 and 0, respectively
--67,222 -
Due to related party
179,174 142,874 --
Advance from related party
---0
Other current liabilities
23,640 24,185 27,422 10,257
Total current liabilities
40,543,284 39,607,927 1,919,807 1,254,444
Long term notes payable
100,000 100,000 --
Liability for condominium, less unamortized issuance costs of 191,416 and 735,082, respectively
1,128,584 584,918 --
Total long-term liabilities
1,228,584 684,918 --
Total liabilities
41,771,868 40,292,845 --
Common stock, 0.0001 par value authorized 500,000,000 shares 405,558,604 and 404,228,842 issued and 405,515,747 and 404,185,985 outstanding as of march 31, 2026 and december 31, 2025, respectively
40,552 40,419 40,423 40,423
Additional paid-in-capital
46,683,721 46,620,854 46,648,850 46,648,850
Accumulated deficit
-50,178,586 -48,867,619 -47,990,101 -47,791,160
Total webstar stockholders deficit
-3,454,313 -2,206,346 -1,300,828 -1,101,887
Noncontrolling interest
-238,860 -101,155 -11,019 -
Total stockholders deficit
-3,693,173 -2,307,501 -1,311,847 -
Total liabilities and stockholders deficit
38,078,695 37,985,344 607,960 152,557
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Inventory-Land And LandAcquisition$34,658,198 Inventory-Project Development$3,370,470 Prepaid expenses andother current assets$48,756 Cash$1,271 Total current assets$38,078,695 Accumulated deficit-$50,178,586 Total assets$38,078,695 Total webstarstockholders deficit-$3,454,313 Noncontrolling interest-$238,860 Additionalpaid-in-capital$46,683,721 Common stock, 0.0001par value...$40,552 Total liabilities andstockholders deficit$38,078,695 Total stockholdersdeficit-$3,693,173 Total liabilities$41,771,868 Total currentliabilities$40,543,284 Total long-termliabilities$1,228,584 Promissory notes payable,less unamortized...$37,276,706 Convertible note payable related party-Related...$1,000,000 Short term loanspayable$898,480 Accruedinterest-Nonrelated Party$621,258 Accrued expenses$300,000 Due to related party$179,174 Accruedinterest-Related Party$155,358 Accounts payable$88,668 Other currentliabilities$23,640 Liability forcondominium, less...$1,128,584 Long term notespayable$100,000

Webstar Technology Group Inc. (WBSR)

Webstar Technology Group Inc. (WBSR)