MANGOCEUTICALS, INC.
For the period ended Mar 31, 2025. Filed May 15, 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.
Mar 31, 2025 · Filed May 15, 2025
MGRX$0.20+1.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
| March 31, 2025 | December 31, 2024 | |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash equivalents | $76,496 | $58,653 |
| Inventory | - | - |
| Prepaid expenses | 83,214 | - |
| Deposits | 16,942 | 16,942 |
| TOTAL CURRENT ASSETS | 176,652 | 75,595 |
| NON-CURRENT ASSETS | ||
| Property and equipment, net of accumulated depreciation of $250 and $28,752 | 2,556 | 2,806 |
| Right of use - asset | 43,774 | 59,493 |
| Intangible assets - acquired patents, net of amortization | 21,530,875 | 15,232,617 |
| TOTAL NON-CURRENT ASSETS | 21,577,205 | 15,294,916 |
| TOTAL ASSETS | $21,753,857 | $15,370,511 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable and accrued liabilities | 1,178,180 | 837,501 |
| Payroll tax liabilities | - | - |
| Notes payable | - | 150,000 |
| Right-of-use liability - operating lease | 47,713 | 64,962 |
| Other liabilities - patent purchase payable | 251,424 | 373,000 |
| Other liabilities - related parties | 25,879 | |
| TOTAL CURRENT LIABILITIES | 1,503,196 | 1,425,463 |
| TOTAL LIABILITIES | 1,503,196 | 1,425,463 |
| COMMITMENTS AND CONTINGENCIES (SEE NOTE 10) | - | - |
| STOCKHOLDERS’ EQUITY | ||
| Series B Convertible Preferred stock, (par value $0.0001), 6,000 shares authorized, 1,332 and 1,620 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively | - | - |
| Series C Convertible Preferred stock, (par value $0.0001), 6,250,000 shares authorized, 980,000 and 980,000 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively | 98 | 98 |
| Common stock (par value $0.0001), 200,000,000 shares authorized, of which 7,144,930 and 3,245,641 shares were issued and outstanding as of March 31, 2025 and December 31, 2024, respectively | 715 | 325 |
| Stock warrants | 324,288 | 324,288 |
| Subscription receivable | - | (1,150,000) |
| Additional paid in capital | 45,868,946 | 35,587,858 |
| Accumulated deficit | (25,939,986) | (20,806,595) |
| Accumulated other comprehensive loss | (2,221) | (9,845) |
| TOTAL STOCKHOLDERS’ EQUITY | 20,251,840 | 13,946,129 |
| Non-controlling interest | (1179) | (1,081) |
| TOTAL STOCKHOLDERS’ EQUITY | 20,250,661 | 13,945,048 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $21,753,857 | $15,370,511 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.