Company: AIBT
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001096906-25-001375
Chunk: 8

Company: AIBOTICS, INC.
Filing Date: 2025-08-19
Form: 10-Q
Item: Item 1
Chunk 8
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ITEM 1. FINANCIAL STATEMENTS

AIBOTICS, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

June 30,

December 31,

2025

2024

(unaudited)

ASSETS

CURRENT ASSETS:

Cash
 
$
242,179  

$
185,097 

Total Current Assets

242,179  

185,097 

NON-CURRENT ASSETS: 

Intangible assets, net

943,431  

1,271,898 

TOTAL ASSETS
 
$
1,185,610  

$
1,456,995 

LIABILITIES AND STOCKHOLDERS’ DEFICIT

CURRENT LIABILITIES:

Accounts payable and accrued expenses
 
$
474,076  

$
283,341 

Accrued interest

417,360  

399,822 

Accrued expenses – related party

958,000  

864,000 

Convertible note payable, net of debt discount

1,351,884  

1,100,000 

Notes payable – related party

165,000  

165,000 

Shares to be issued

2,027,600  

2,039,600 

TOTAL LIABILITIES

5,393,920  

4,851,763 

Commitments and contingencies (Note 9 – Commitments and Contingencies)

-  

- 

MEZZANINE EQUITY

Series B Preferred stock, $0.001 par value; 1,500,000 shares authorized at June 30, 2025 and December 31, 2024; 200 shares issued and outstanding as of June 30, 2025 and December 31, 2024; liquidation preference of $0 as of June 30, 2025 and December 31, 2024

200  

200 

STOCKHOLDERS’ DEFICIT

Preferred stock, 5,000,000 shares authorized:

Series A Preferred Stock, $0.001 par value, 0 shares authorized at June 30, 2025 and December 31, 2024; 0 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively

-  

- 

Common stock, $0.001 par value; 467,000,000 shares authorized at June 30, 202