Company: LNAI
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001731122-25-000765
Chunk: 1

Company: Lunai Bioworks Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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     160,649,686 

    TOTAL ASSETS 
    $117,726,120  
    $163,129,450 

    LIABILITIES 

    CURRENT LIABILITIES: 

    Accounts payable – trade 
    $11,726,058  
    $9,448,683 
  
    Accrued expenses 
     5,715,737  
     5,311,324 
  
    Other current liabilities 
     546,265  
     295,361 
  
    Contingent consideration liability 
     1,320,000  
     12,310,000 
  
    Convertible notes payable 
     245,000  
     245,000 
  
    Current portion of operating lease liabilities 
     547,683  
     493,553 
  
    Stock subscription payable 
     3,000,000  
     — 
  
    Notes payable – related parties, net 
     5,740,897  
     2,205,996 
  
    Total Current Liabilities 
     28,841,640  
     30,309,917 

    NON-CURRENT LIABILITIES: 

    Operating lease liabilities, net of current portion 
     497,629  
     842,389 
  
     Total Non-Current Liabilities 
     497,629  
     842,389 
  
    Total Liabilities 
     29,339,269  
     31,152,306 

     Commitments and Contingencies (Note 7) 

    STOCKHOLDERS’ EQUITY: 

    Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding 
     —  
     — 
  
    Common Stock, par value $0.0001, 350,000,000 shares authorized, 162,392,907 shares issued and outstanding at March 31, 2025, and 158,452,644 shares issued and outstanding at June 30, 2024 
     16,241  
     15,847 
  
    Additional paid-in capital 
     471,325,333  
     464,587,224 
  
    Accumulated deficit 
     (383,730,334) 
     (