First America Resources Corporation
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $276.9K | $470.3K | $156.4K | $15.8K | $13.1K | $5.1K | $966 | $2.4K |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $2.8M | $2.7M | $97.2K | $15.8K | $13.1K | $5.1K | $966 | $2.4K |
| Property, Plant & Equipment | $372.5K | $261.7K | — | — | — | — | — | — |
| Goodwill | $750.0K | $750.0K | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $6.7M | $6.9M | $97.2K | $15.8K | $13.1K | $5.1K | $966 | $2.4K |
| Liabilities | ||||||||
| Accounts Payable | $1.1M | $1.0M | $100 | $100 | $100 | $100 | $850 | $200 |
| Total Current Liabilities | $5.8M | $6.3M | $100 | $100 | $209.0K | $184.0K | $162.8K | $147.1K |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $8.3M | $8.5M | $229.0K | $229.0K | $209.0K | $184.0K | $162.8K | $147.1K |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-3.2M | $-3.2M | $-431.1K | $-412.0K | $-394.8K | $-377.7K | $-360.6K | $-343.6K |
| Total Stockholders' Equity | $-1.6M | $-1.6M | $-2.1M | $-1.9M | $-196.0K | $-178.9K | $-161.8K | $-144.7K |