Sow Good Inc.
For the period ended Jun 30, 2025. Filed Aug 14, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 14, 2025
SOWG$2.02-7.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Financial Statements (Unaudited)
cial Statements.
CONDENSED BALANCE SHEETS
| June 30, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| ASSETS · (Unaudited) | ||
| Current assets: | ||
| Cash and cash equivalents | $959,416 | $3,723,440 |
| Accounts receivable, net | 701,175 | 460,147 |
| Inventory, net | 20,806,336 | 20,313,315 |
| Prepaid inventory | 23,962 | 55,796 |
| Prepaid expenses | 309,194 | 523,442 |
| Total current assets | 22,800,083 | 25,076,140 |
| Property and equipment, net | 11,532,848 | 11,802,420 |
| Security deposit | 1,343,972 | 1,357,956 |
| Right-of-use asset | 14,308,536 | 16,459,215 |
| Total assets | $49,985,439 | $54,695,731 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $1,176,343 | $1,368,006 |
| Accrued interest | 56,096 | - |
| Accrued expenses | 1,177,800 | 976,153 |
| Current portion of operating lease liabilities | 2,973,780 | 2,599,102 |
| Current maturities of notes payable, related parties, net of $0 and $304,500 of debt discounts at June 30, 2025 and December 31, 2024, respectively | - | 2,195,500 |
| Current maturities of notes payable, net of $0 and $13,470 of debt discounts as of June 30, 2025 and December 31, 2024, respectively | - | 225,780 |
| Total current liabilities | 5,384,019 | 7,364,541 |
| Operating lease liabilities | 13,924,607 | 15,193,129 |
| Convertible notes payable, related parties, net of $847,592 and $0 of debt discounts as of June 30, 2025 and December 31, 2024, respectively | 1,956,226 | - |
| Notes payable | 150,000 | 150,000 |
| Total liabilities | 21,414,852 | 22,707,670 |
| Commitments and contingencies | ||
| Stockholders' equity: | ||
| Preferred stock, $0.001 par value, 20,000,000 shares authorized, no shares issued and outstanding | - | - |
| Common stock, $0.001 par value, 500,000,000 shares authorized, 12,166,128 and 11,300,624 shares issued and outstanding as of June 30, 2025 and December 31, 2024 | 12,166 | 11,300 |
| Additional paid-in capital | 97,758,197 | 94,418,972 |
| Accumulated deficit | (69,199,776) | (62,442,211) |
| Total stockholders' equity | 28,570,587 | 31,988,061 |
| Total liabilities and stockholders' equity | $49,985,439 | $54,695,731 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.