Annual
Quarterly
Export
Balance Sheet (USD) Trend YoY % FY 2025 FY 2024 FY 2023 FY 2022 FY 2021
Current Assets
Cash -86.6% 7,169 53,549 116,100 5,802,216 78,856
Accounts receivables, net — — 24,984 116,888 417,605 322,499
Inventories 663.3% 140,554 18,415 21,857 909,309 1,875,146
Prepaid expenses 106.4% 24,148 11,700 12,500 — 11,667
Total current assets 58.2% 171,871 108,648 267,345 7,170,237 2,438,727
Non-Current Assets
Property and equipment, net -32.7% 660 980 29,410 32,256 54,438
Other assets -2.0% 10,985 11,208 10,985 78,965 10,985
Total non-current assets -4.5% 11,645 12,188 40,395 202,253 235,187
Total assets 51.9% 183,516 120,836 307,740 7,372,490 2,673,914
Current Liabilities
Accounts payable and accrued expenses -45.1% 3,309,385 6,024,556 7,318,230 7,639,915 215,176
Accrued interest -94.2% 59,653 1,035,842 531,148 344,475 —
Convertible notes payable, net of debt discount of $124,434 — 550,566 — — 9,175,000 —
Loans payable 41.3% 339,249 240,133 5,152,028 4,462,028 —
Total current liabilities -66.2% 4,462,287 13,192,569 13,178,670 24,475,096 707,033
Total liabilities -66.2% 4,462,287 13,192,569 13,178,670 24,475,096 820,426
Stockholders’ deficit
Common Stock- $0.0001 par value; 300,000,000 authorized shares; 16,993,811 shares and 8,594,681 shares issued and outstanding, respectively 97.8% 1,699 859 399 394 390
Additional paid-in-capital 145.5% 58,767,979 23,941,779 4,793,068 2,966,162 1,848,384
Accumulated deficit -118.7% (84,958,532) (38,840,929) (34,638,001) (20,762,523) 4,664
Total stockholders’ deficit 59.4% (6,021,724) (14,814,686) (29,844,484) (17,102,606) (55,686)
Total liabilities and stockholders’ deficit 51.9% 183,516 120,836 307,740 7,372,490 2,673,914
Source: SEC EDGAR filings. Annual figures are from audited Form 10-K filings.
Balance Sheet | Limitless X Holdings (LIMX)