Onfolio Holdings, Inc
For the period ended Dec 31, 2024. Filed Apr 16, 2025.
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FY2024 · Filed Apr 16, 2025
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
| December 31, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current Assets: | ||
| Cash and cash equivalents | $476,874 | $982,261 |
| Accounts receivable, net | 755,804 | 90,070 |
| Inventory | 65,876 | 92,637 |
| Prepaids and other current assets | 138,007 | 111,097 |
| Total Current Assets | 1,436,561 | 1,276,065 |
| Intangible assets | 3,323,211 | 1,675,480 |
| Goodwill | 4,210,557 | 1,596,673 |
| Fixed assets | 5,135 | - |
| Due from related party | 126,530 | 150,971 |
| Investment in unconsolidated joint ventures, cost method | 213,007 | 154,007 |
| Investment in unconsolidated joint ventures, equity method | 268,231 | 273,042 |
| Other assets | 9,465 | - |
| Total Assets | $9,592,697 | $5,126,238 |
| Liabilities and Stockholder’s Equity | ||
| Current Liabilities: | ||
| Accounts payable and other current liabilities | $969,068 | $493,816 |
| Dividends payable | 100,797 | 68,011 |
| Notes payable - current | 702,634 | 17,323 |
| Notes payable – related parties, current | 850,000 | - |
| Contingent consideration | 981,591 | 60,000 |
| Deferred revenue | 589,913 | 149,965 |
| Total Current Liabilities | 4,194,003 | 789,115 |
| Notes payable | 450,000 | - |
| Notes payable – related parties | 599,000 | - |
| Total Liabilities | 5,243,003 | 789,115 |
| Commitments and Contingencies (Note 14) | ||
| 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, 134,460 and 92,260 issued and outstanding at December 31, 2024 and 2023; | 134 | 93 |
| Common stock, $0.001 par value, 50,000,000 shares authorized, 5,127,395 and 5,107,395 issued and outstanding at December 31, 2024 and 2023; | 5,128 | 5,108 |
| Additional paid-in capital | 22,316,751 | 21,107,311 |
| Accumulated other comprehensive income | 68,105 | 182,465 |
| Accumulated deficit | (19,078,287) | (16,957,854) |
| Total Onfolio Inc. stockholders’ equity | 3,311,831 | 4,337,123 |
| Non-Controlling Interests | 1,037,863 | - |
| Total Stockholders' Equity | 4,349,694 | 4,337,123 |
| Total Liabilities and Stockholders’ Equity | $9,592,697 | $5,126,238 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.