Company: LNAI
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001731122-25-001316
Chunk: 287

Company: Lunai Bioworks Inc.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 2
Chunk 287
---
 fair value
                                            of goodwill

In
addition, professionals with specialized skill and knowledge were utilized by the Firm to assist in the performance of these procedures.

/s/
Sadler, Gibb & Associates, LLC

We
have served as the Company’s auditor since 2018.

Draper,
UT

September
29, 2025

F-3

LUNAI BIOWORKS INC. FKA: RENOVARO INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

    June
    30,

    2025 
    2024

    ASSETS 

    CURRENT
    ASSETS: 

    Cash 
    $92,700  
    $220,467 
  
    Insurance
    receivable 
     —  
     1,108,247 
  
    Investment
    in equity securities 
     387,851  
     — 
  
    Prepaids
    and other assets 
     566,081  
     668,929 
  
    Total
    Current Assets 
     1,046,632  
     1,997,643 

    Property
    and equipment, net 
     367,843  
     482,121 

    OTHER
    ASSETS 

    Definite
    life intangible assets, net 
     14,994  
     30,043 
  
    Software
    platform 
     143,000  
     — 
  
    Trademarks 
     8,000  
     — 
  
    Goodwill 
     5,963,000  
     159,330,161 
  
    Deposits
    and other assets 
     —  
     19,849 
  
    Operating
    lease right-of-use assets 
     687,371  
     1,269,633 
  
    Total
    Other Assets 
     6,816,365  
     160,649,686 

    TOTAL
    ASSETS 
    $8,230,840  
    $163,129,450 
  
    LIABILITIES 

    CURRENT
    LIABILITIES: 

    Accounts
    payable – trade 
    $12,555,839  
    $9,448,683 
  
    Accrued
    expenses 
     5,843,