XMax Inc. (XWIN)
XMax Inc. (XWIN)
For the quarter ending 2026-03-31, XWIN has $47,140,007 in assets. $6,789,050 in debts. $9,911,255 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 9,911,255 | 6,708,340 | ||
| Accounts receivable, net | 2,457,238 | 2,445,245 | ||
| Advance to suppliers | 225,604 | 313,924 | ||
| Inventories | 1,656,675 | 2,163,437 | ||
| Loan to third party | 5,354,888 | - | ||
| Prepaid expenses | 58,492 | 144,274 | ||
| Other receivables | 40,925 | 7,478 | ||
| Total current assets | 19,705,077 | 11,782,698 | ||
| Property plant and equipment gross | 232,572 | 239,226 | ||
| Less accumulated depreciation | 212,718 | 217,284 | ||
| Plant, property and equipment, net | 19,854 | 21,942 | ||
| Right-of-use assets, net | 424,203 | 594,801 | ||
| Investment in fund | 26,947,613 | 23,104,628 | ||
| Lease deposit | 43,260 | 43,260 | ||
| Total noncurrent assets | 27,434,930 | 23,764,631 | ||
| Total assets | 47,140,007 | 35,547,329 | ||
| Accounts payable | 128,574 | 327,134 | ||
| Operating lease liabilities, current | 415,678 | 591,350 | ||
| Finance lease liabilities - current | 20,858 | 20,574 | ||
| Contract liabilities | 89,147 | 58,786 | ||
| Loan from shareholders | 406,135 | 398,014 | ||
| Accrued liabilities and other payables | 456,698 | 943,312 | ||
| Other loan | 3,605 | 3,572 | ||
| Security deposit | - | 50,000 | ||
| Total current liabilities | 1,520,695 | 2,392,742 | ||
| Other loan | 136,186 | 137,117 | ||
| Finance lease liabilities - non-current | 14,553 | 19,876 | ||
| Convertible notes | 5,117,616 | 5,038,026 | ||
| Total noncurrent liabilities | 5,268,355 | 5,195,019 | ||
| Total liabilities | 6,789,050 | 7,587,761 | ||
| Common stock, 0.001 par value 5,000,000,000 shares authorized, 53,531,228 and 41,885,728 shares issued and outstanding as of march 31, 2026 and december 31, 2025, respectively | 53,531 | 41,886 | ||
| Additional paid-in capital | 93,011,758 | 80,823,528 | ||
| Accumulated other comprehensive income | 504,247 | 504,247 | ||
| Accumulated deficits | -53,218,579 | -53,410,093 | ||
| Total stockholders equity | 40,350,957 | 27,959,568 | ||
| Total liabilities and stockholders equity | 47,140,007 | 35,547,329 | ||