Intelligent Living Application Group Inc. balance sheet
At the end of fiscal 2025, Intelligent Living Application Group Inc. had total assets of $8.5m, total liabilities of $3.6m and shareholders' equity of $4.9m. It held $645,939 in cash against $1.6m of debt: net debt of $931,085.
Balance sheet
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|
| Cash and equivalents | 0 | 0 | 9 | 4 | 1 | 1 |
| Receivables | — | 1 | 2 | 0 | 0 | 0 |
| Inventory | — | 5 | 4 | 5 | 5 | 5 |
| Total current assets | — | 7 | 16 | 12 | 9 | 7 |
| Total assets | — | 9 | 22 | 18 | 14 | 8 |
| Accounts payable | — | 2 | 0 | 0 | 0 | 1 |
| Deferred revenue (current) | — | 0 | 0 | — | 0 | 0 |
| Total current liabilities | — | 5 | 2 | 1 | 1 | 3 |
| Long-term debt | — | 0 | 1 | 0 | 0 | 2 |
| Total debt | 0 | 0 | 1 | 0 | 0 | 2 |
| Total liabilities | — | 6 | 2 | 2 | 2 | 4 |
| Shareholders' equity | 4 | 3 | 19 | 16 | 13 | 5 |
| Net debt (negative = net cash) | −0 | 0 | −9 | −4 | −1 | 1 |
| Shares outstanding | — | — | — | — | 2m | 2m |
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