Onfolio Holdings Inc
For the period ended Dec 31, 2023. Filed Apr 1, 2024.
View on SEC.govAbout this filing
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FY2023 · Filed Apr 1, 2024
ONFO$0.36-3.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| Onfolio Holdings, Inc. | ||
|---|---|---|
| Consolidated Balance Sheets | ||
| December 31 | December 31 | |
| 2023 | 2022 | |
| Assets | ||
| Current Assets: | ||
| Cash and cash equivalents | $982,261 | $6,701,122 |
| Accounts receivable, net | 90,070 | 137,598 |
| Inventory | 92,637 | 105,129 |
| Prepaids and other current assets | 111,097 | 212,180 |
| Total Current Assets | 1,276,065 | 7,156,029 |
| Intangible assets | 3,110,204 | 3,864,618 |
| Goodwill | 1,167,194 | 4,209,126 |
| Due from related party | 150,974 | 111,720 |
| Investment in unconsolidated joint ventures, cost method | 154,007 | 154,007 |
| Investment in unconsolidated joint ventures, equity method | 273,042 | 280,326 |
| Total Assets | $6,131,483 | $15,775,826 |
| Liabilities and Stockholder’s Equity | ||
| Current Liabilities: | ||
| Accounts payable and other current liabilities | $493,816 | $550,454 |
| Dividends payable | 68,011 | 54,404 |
| Acquisition notes payable | 17,323 | 2,456,323 |
| Notes payable | - | 68,959 |
| Contingent consideration | 60,000 | 60,000 |
| Deferred revenue | 149,965 | 113,251 |
| Total Current Liabilities | 789,115 | 3,303,391 |
| Total Liabilities | 789,115 | 3,303,391 |
| Commitments and Contingencies | ||
| Stockholders’ Equity: | ||
| Preferred stock, $0.001 per value, 5,000,000 shares authorized | ||
| Series A Preferred stock, $0.001 par value, 1,000,000 shares authorized, 92,260 and 69,660 issued and outstanding at December 31, 2023 and 2022; | 93 | 70 |
| Common stock, $0.001 par value, 50,000,000 shares authorized, 5,107,395 issued and outstanding at December 31, 2023 and 2022; | 5,108 | 5,110 |
| Additional paid-in capital | 21,107,311 | 19,950,774 |
| Accumulated other comprehensive income | 182,465 | 96,971 |
| Accumulated deficit | (15,952,609) | (7,580,490) |
| Total Stockholders’ Equity | 5,342,368 | 12,472,435 |
| Total Liabilities and Stockholders’ Equity | $6,131,483 | $15,775,826 |
| The accompanying notes are an integral part of these consolidated financial statements | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.