Balance Labs, Inc.
For the period ended Jun 30, 2025. Filed Aug 14, 2025.
View on SEC.govAbout this filing
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
What changed in Management’s Discussion and Analysis?
Read the current filingPrevious report: 10-Q
Period ended 2025-03-31; filed 2025-05-20.
0001641172-25-011637
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsCurrent report: 10-Q
Period ended 2025-06-30; filed 2025-08-14.
0001641172-25-023738
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 54 previous paragraphs and 64 current paragraphs.
46 unchanged; 5 reworded; 12 added; 3 removed; 0 previous and 1 current paragraphs rearranged.
Tables are not compared: 2 previous and 2 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (12)
Current report
We reported a net loss of $146,142 and of $42,829 for the three months ended June 30, 2025 and 2024, respectively. This represents an increase of $110,537, or 241%, primarily due to an increase in professional fees and an unrealized loss of $10,363 on available for sale securities during the three months ended June 30, 2025, as compared to an unrealized gain of $14,083 in the same period for 2024.
Current report
General and administrative expenses were $5,845 and $3,181 for the three months ended June 30, 2025 and 2024, respectively, an increase of $2,664 or 84% primarily due to an increase in bank service charges and corporate state franchise taxes.
Current report
Professional fees were $26,681 and $8,545 for the three months ended June 30, 2025 and 2024, respectively, an increase of $18,136 or 212% due primarily to an increase in legal fees.
Current report
Other expenses for the three months ended June 30, 2025 was $66,883. Other expenses for the three months ended June 30, 2024 was $42,829 due to an unrealized loss of $10,363 on available for sale securities during the three months ended June 30, 2025, as compared to an unrealized gain of $14,083 in the same period for 2024.
Current report
Six Months Ended June 30, 2025 Compared with Six Months Ended June 30, 2024.
Current report
Overview
Current report
General and Administrative Expenses
Current report
Professional Fees
Current report
Professional fees were $51,716 and $24,545 for the six months ended June 30, 2025 and 2024, respectively, an increase of $27,171 or 111% due to an increase in legal and accounting fees.
Current report
Other Income and Expense
Current report
Other income for the six months ended June 30, 2025 was $5,550, as compared to other expense for the six months ended June 30, 2024 of $94,054.
Current report
Unrealized loss on available for sale securities for the six months ended June 30, 2025 was $8,769. Unrealized gain on available for sale securities for the six months ended June 30, 2024 was $19,770. This represents an increase in unrealized loss on available for sale securities of $28,539 attributable to changes in the stock price of the securities.
Removed paragraphs (3)
Previous report
Professional fees were $25,035 and $16,000 for the three months ended March 31, 2025 and 2024, respectively, an increase of $9,035 or 56% due to increase in accounting and legal fees for the quarter.
Previous report
Other income for the three months ended March 31, 2025 was $72,433. Other expense for the three months ended March 31, 2024 was $51,225. Other income increase due to the cancellation of an outstanding payable balance by a vendor during the three months ended March 31, 2025.
Previous report
For the three months ended March 31, 2025, the Company experienced negative cash flows from operating activities totaling $22,659, primarily due to a net loss of $6,406, offset by a $70,575 increase in accounts payable and accrued interest and a $127,579 gain on the settlement of accounts payable.
Reworded paragraphs (5)
Previous wording
Unrealized gain on available for sale securities for the three months ended March 31, 2025 was $1,594. Unrealized gain on available for sale securities for the three months ended March 31, 2024 was $5,687. This represents a decrease of $4,093 attributable to a smaller increase in the stock price of the securities than in prior periods.
Current wording
Unrealized loss on available for sale securities for the three months ended June 30, 2025 was $10,363. Unrealized gain on available for sale securities for the three months ended June 30, 2024 was $14,083. This represents an increase to unrealized loss on available for sale securities of $24,445 attributable to changes in the stock price of the securities than in prior periods.
Previous wording
We reported a net loss of $6,406 and of $116,943 for the three months ended March 31, 2025 and 2024, respectively. This represents a decrease of $110,537, or 95%, primarily due to the cancellation of an accounts payable balance by one of the company’s professional services vendors during the three months ending March 31, 2025.
Current wording
We reported a net loss of $152,548 and of $217,653 for the six months ended June 30, 2025 and 2024, respectively. This represents a decrease of $65,103, or 30%, primarily due a gain on settlement to the cancellation of an accounts payable balance by one of the company’s professional services vendors during the six months ending June 30, 2025.
Previous wording
General and administrative expenses were $4,262 and $4,040 for the three months ended March 31, 2025 and 2024, respectively, an increase of $222 or 5% primarily due to an increase in dues and subscriptions.
Current wording
General and administrative expenses were $10,107 and $7,222 for the six months ended June 30, 2025 and 2024, respectively, an increase of $2,885 or 40% primarily due to an increase in dues and subscriptions.
Previous wording
As of March 31, 2025, the Company had a working capital deficiency of $5,077,512. The Company used cash in operations of $22,659. In addition, the Company is working to manage its current liabilities while it continues to make changes in operations to further improve its cash flow and liquidity position.
Current wording
As of June 30, 2025, the Company had a working capital deficiency of $5,223,654. The Company used cash in operations of $57,574. In addition, the Company is working to manage its current liabilities while it continues to make changes in operations to further improve its cash flow and liquidity position.
Previous wording
For the three months ended March 31, 2024, the Company experienced negative cash flows from operating activities of $37,045, primarily due to a net loss of $116,943, partially offset by a $42,262 increase in accounts payable and accrued interest.
Current wording
We experienced negative cash flows from operating activities for the six months ended June 30, 2025 and 2024, in the amount of $57,574 and $69,015, respectively. This was primarily due to a net loss of $152,548 and a change in accounts payable and accrued expenses of $86,205.
Rearranged current paragraphs (1)
Current report — wording carried from elsewhere
Unrealized gain or loss on available for sale securities