For the quarter ending 2025-09-30, WGRX has $52,779,540 in assets. $46,001,525 in debts. $4,228,666 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Deferred offering costs | - | 0 | ||
| Cash and cash equivalents | 4,228,666 | 419,942 | ||
| Accounts receivable, net-Related Party | - | 775,027 | ||
| Accounts receivable, net-Nonrelated Party | 1,099,399 | 1,386,423 | ||
| Inventories, net | 7,491,900 | 9,031,143 | ||
| Due from related parties-Related Party | - | 1,249,888 | ||
| Subscription receivable | - | 581,695 | ||
| Prepaid expenses | 525 | 65,525 | ||
| Total current assets | 12,820,490 | 13,509,643 | ||
| Property, plant and equipment, net | 268,911 | 308,642 | ||
| Capitalized software | 2,244,161 | 2,023,076 | ||
| Operating lease, right-of-use-assets | 1,019,848 | 1,280,459 | ||
| Goodwill | 16,219,929 | 16,219,929 | ||
| Intangible assets, gross | 21,793,057 | - | ||
| Accumulated amortization | 3,336,242 | - | ||
| Other intangible assets, net | 18,456,815 | 19,219,880 | ||
| Note receivable | 139,771 | 139,771 | ||
| Other assets | 1,459,607 | 1,438,607 | ||
| Deposits | 150,008 | 85,008 | ||
| Total assets | 52,779,540 | 54,225,015 | ||
| Accounts payable-Nonrelated Party | 10,410,697 | 9,450,651 | ||
| Accounts payable-Related Party | 25,500 | 25,500 | ||
| Accrued expenses and other liabilities | 5,472,338 | 5,466,166 | ||
| Other short-term advances | 4,019,859 | - | ||
| Due to related parties-Related Party | 100,000 | 5,234,770 | ||
| Due to related parties-Nonrelated Party | - | 8,500,000 | ||
| Current portion of debt obligations, net of debt discount | 12,209,234 | 13,180,200 | ||
| Operating lease liabilities- current portion | 503,411 | 546,255 | ||
| Note payable-Related Party | - | 0 | ||
| Total current liabilities | 32,741,039 | 42,403,542 | ||
| Note payable-Nonrelated Party | 12,600,000 | 10,100,000 | ||
| Loan payable | - | 0 | ||
| Operating lease liabilities | 660,486 | 816,218 | ||
| Total liabilities | 46,001,525 | 53,319,760 | ||
| Common stock, 0.0001 par value, 500,000,000 shares authorized, 91,406,962 and 51,055,508 shares issued and 89,452,911 and 51,055,508 shares outstanding as of september 30, 2025 and december 31, 2024, respectively | 8,945 | 6,315 | ||
| Additional paid-in capital | 89,947,801 | 49,759,467 | ||
| Accumulated deficit | -83,178,731 | -48,860,527 | ||
| Total stockholders equity | 6,778,015 | 905,255 | ||
| Total liabilities and stockholders equity | 52,779,540 | 54,225,015 | ||
Wellgistics Health, Inc. (WGRX)
Wellgistics Health, Inc. (WGRX)