Onfolio Holdings Inc
For the period ended Jun 30, 2024. Filed Aug 14, 2024.
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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, 2024 · Filed Aug 14, 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 as of June 30, 2024 and December 31, 2023
| Onfolio Holdings Inc. | ||
|---|---|---|
| Consolidated Balance Sheets | ||
| June 30, | December 31, | |
| 2024 | 2023 | |
| Assets · (Unaudited) | ||
| Current Assets: | ||
| Cash and cash equivalents | $310,025 | $982,261 |
| Accounts receivable, net | 264,877 | 90,070 |
| Inventory | 84,586 | 92,637 |
| Prepaids and other current assets | 164,629 | 111,097 |
| Total Current Assets | 824,117 | 1,276,065 |
| Intangible assets, net | 4,397,519 | 3,110,204 |
| Goodwill | 3,095,969 | 1,167,194 |
| Due from related party | 121,318 | 150,971 |
| Investment in unconsolidated entities, cost method | 203,007 | 154,007 |
| Investment in unconsolidated joint ventures, equity method | 266,825 | 273,042 |
| Total Assets | $8,908,755 | $6,131,483 |
| Liabilities and Stockholder’s Equity | ||
| Current Liabilities: | ||
| Accounts payable and other current liabilities | $703,477 | $493,816 |
| Dividends payable | 83,089 | 68,011 |
| Notes payable | 128,707 | 17,323 |
| Contingent consideration | 1,929,000 | 60,000 |
| Deferred revenue | 172,010 | 149,965 |
| Total Current Liabilities | 3,016,283 | 789,115 |
| Notes payable | 890,000 | - |
| Notes payable – related parties | 199,000 | - |
| Total Liabilities | 4,105,283 | 789,115 |
| Commitments and Contingencies (Note 10) | ||
| 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, 117,660 and 92,260 issued and outstanding at June 30, 2024 and December 31, 2023, respectively; | 118 | 93 |
| Common stock, $0.001 par value, 50,000,000 shares authorized, 5,127,395 and 5,107,395 issued and outstanding at June 30, 2024 and December 31, 2023, respectively | 5,128 | 5,108 |
| Additional paid-in capital | 21,847,663 | 21,107,311 |
| Accumulated other comprehensive income | 159,119 | 182,465 |
| Accumulated deficit | (17,529,038) | (15,952,609) |
| Total Onfolio Inc. stockholders’ equity | 4,482,990 | 5,342,368 |
| Non-controlling interest | 320,482 | - |
| Total Stockholders' Equity | 4,803,472 | 5,342,368 |
| Total Liabilities and Stockholders' Equity | $8,908,755 | $6,131,483 |
| The accompanying notes are an integral part of these unaudited 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.