Abits Group Inc balance sheet
At the end of fiscal 2025, Abits Group Inc had total assets of $10.9m, total liabilities of $3.1m and shareholders' equity of $7.8m. It held $83,837 in cash against $1.9m of debt: net debt of $1.8m.
Balance sheet
| Fiscal year | 2019Sept 2019 | 2020Sept 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | 3 | 3 | 1 | 1 | 0 |
| Receivables | — | 1 | 0 | — | — | — | — |
| Total current assets | 3 | 2 | 3 | 5 | 2 | 2 | 1 |
| Total assets | 3 | 2 | 8 | 25 | 12 | 11 | 11 |
| Total current liabilities | 2 | 2 | 1 | — | 1 | 1 | 3 |
| Short-term debt | — | — | — | — | — | — | 2 |
| Long-term debt | — | — | — | — | — | — | 0 |
| Total debt | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Total liabilities | — | — | — | 1 | 1 | 1 | 3 |
| Shareholders' equity | 0 | 0 | 7 | 24 | 11 | 10 | 8 |
| Net debt (negative = net cash) | — | — | −3 | −3 | −1 | −1 | 2 |
| Shares outstanding | — | — | — | 2m | 2m | 2m | 2m |
| Quarter | 2019 Q4Dec 2019 |
|---|---|
| Shareholders' equity | 343 |
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