Marwynn Holdings Inc.
12/23/2025 | Press release | Distributed by Public on 12/23/2025 07:01
MARWYNN HOLDINGS, INC. PRO FORMA CONSOLIDATED BALANCE SHEET (Form 8-K)
MARWYNN HOLDINGS, INC.
PRO FORMA CONSOLIDATED BALANCE SHEET
(UNAUDITED)
|
October 31, 2025 |
April 30, 2025 |
|||||||
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash and cash equivalents | $ | 1,361,469 | $ | 871,009 | ||||
| Accounts receivable, net | 174,999 | 194,999 | ||||||
| Other receivable | 550,000 | - | ||||||
| Due from related party | - | 193,853 | ||||||
| Note receivable | 330,000 | - | ||||||
| Prepaid expenses and other current assets | 631,813 | 2,812,675 | ||||||
| Total Current Assets | 3,048,281 | 4,072,536 | ||||||
| Non-Current Assets | ||||||||
| Property and equipment, net | 9,861 | 17,694 | ||||||
| Intangible assets, net | 152,083 | 177,083 | ||||||
| Operating lease right-of-use assets, net | 22,864 | 44,596 | ||||||
| Deferred tax assets | 2,227 | 2,227 | ||||||
| Total Non-Current Assets | 187,035 | 241,600 | ||||||
| TOTAL ASSETS | $ | 3,235,316 | $ | 4,314,136 | ||||
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||||||||
| Current Liabilities | ||||||||
| Accounts payable | $ | 186,120 | $ | 9,681 | ||||
| Accrued expenses and other current liabilities | 17,111 | 6,079 | ||||||
| Operating lease liabilities - current | 23,643 | 45,677 | ||||||
| Income tax payable | 180,775 | 177,592 | ||||||
| Total Current Liabilities | 407,649 | 239,029 | ||||||
| Total Liabilities | 407,649 | 239,029 | ||||||
| COMMITMENTS AND CONTINGENCIES | ||||||||
| STOCKHOLDERS' EQUITY | ||||||||
| Preferred stock, par value $0.001, 5,000,000 shares authorized; 135,000 shares and 0 shares Series A Super Voting Preferred Stock designated, issued and outstanding at October 31, 2025 and April 30, 2025, respectively | 135 | 135 | ||||||
| Common stock, par value $0.001, 45,000,000 shares authorized; 20,194,804 shares and 17,054,004 shares issued and outstanding at October 31, 2025 and April 30, 2025, respectively | 20,195 | 17,054 | ||||||
| Additional Paid-in Capital | 9,802,441 | 7,931,634 | ||||||
| Accumulated deficit | (6,995,104 | ) | (3,873,716 | ) | ||||
| Total Stockholders' Equity | 2,827,667 | 4,075,107 | ||||||
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $ | 3,235,316 | $ | 4,314,136 | ||||
MARWYNN HOLDINGS, INC.
PRO FORMA CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
|
For the six months ended October 31, 2025 |
For the year ended April 30, 2025 |
For the year ended April 30, 2024 |
||||||||||
| Revenue, net | $ | 85,000 | $ | 804,333 | $ | 11,920,570 | ||||||
| Cost of revenue | (52 | ) | (428,578 | ) | (6,584,970 | ) | ||||||
| Gross profit | 84,948 | 375,755 | 5,335,600 | |||||||||
| Operating expenses | ||||||||||||
| Selling expenses | (1,314,168 | ) | (1,392,569 | ) | (908,737 | ) | ||||||
| General & administrative expenses | (1,752,811 | ) | (3,337,421 | ) | (3,242,125 | ) | ||||||
| Total operating expenses | (3,066,979 | ) | (4,729,990 | ) | (4,150,862 | ) | ||||||
| (Loss) income from operations | (2,982,031 | ) | (4,354,235 | ) | 1,184,738 | |||||||
| Other income (expenses) | ||||||||||||
| Other income (expenses) | (135,421 | ) | (3,806 | ) | (839 | ) | ||||||
| Interest expense | (753 | ) | (1,291 | ) | (27,835 | ) | ||||||
| Total other expenses, net | (136,174 | ) | (5,097 | ) | (28,674 | ) | ||||||
| (Loss) income before income tax provision | (3,118,205 | ) | (4,359,332 | ) | 1,156,064 | |||||||
| Income tax provision | (3,183 | ) | (6,173 | ) | (327,655 | ) | ||||||
| Net (loss) income | $ | (3,121,388 | ) | $ | (4,365,505 | ) | $ | 828,409 | ||||
| Net (loss) income per common stock | ||||||||||||
| Basic and diluted | $ | (0.18 | ) | $ | (0.29 | ) | $ | 0.06 | ||||
| Weighted average number of common shares outstanding | ||||||||||||
| Basic and diluted | 17,122,282 | 15,284,826 | 14,509,359 | |||||||||
Marwynn Holdings Inc. published this content on December 23, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on December 23, 2025 at 13:01 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]