WYTC: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, WYTC has $201,945 in assets. $3,864,710 in debts.

Unit: Dollar

Balance Sheets	2025-09-30	2025-06-30
Cash	128,937	97,262
Employee retention credit receivable	0	0
Other current assets	9,378	6,843
Inventory	30,041	30,041
Total current assets	168,356	134,146
Property and equipment, net	2,347	2,621
Operating lease, right-of-use assets	31,242	49,389
Total assets	201,945	186,156

Accounts payable and accrued expenses	781,615	681,394
Accounts payable, related party	336,160	358,260
Other payable	335,000	335,000
Operating lease, right-of-use obligation, current portion	31,741	50,188
Contract liability	0	2,359
Promissory note, at fair value	157,000	-
Convertible promissory notes	1,311,544	1,171,000
Promissory notes, shareholders	911,650	836,650
Total current liabilities	3,864,710	3,434,851
Operating lease, right-of-use obligation, long term portion	0	0
Total long-term liabilities	0	0
Total liabilities	3,864,710	3,434,851
Preferred stock, value-Series APreferred Stock	100	100
Preferred stock, value-Series BPreferred Stock	45	45
Common stock, par value 0.001 per share, 495,000,000 shares authorized, 16,923,492 and 16,751,980 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively	16,924	16,880
Additional paid-in capital	33,143,042	33,024,336
Accumulated deficit	-36,568,001	-36,044,556
Repurchased shares	80,000	80,000
Subscriptions payable	84,375	93,750
Treasury stock, preferred value-Series APreferred Stock	179,368	179,368
Treasury stock, preferred value-Series BPreferred Stock	79,882	79,882
Total stockholders' deficit	-3,662,765	-3,248,695
Total liabilities and stockholders' deficit	201,945	186,156