← CIRCLE8 GROUP INC

	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value	—	$4.0m	$2.2m	$2.7m	$679k	$81k
Prepaid Expense and Other Assets, Current	—	—	—	$3.7m	$4.7m	$2.0m
Accounts receivable, net of allowance of $3,222,723 and $2,726,107	—	—	$21k	$3k	$64.1m	$65.8m
Unbilled accounts receivable	—	—	—	$5.7m	$9.4m	$4.2m
Prepaid income taxes	—	—	—	$1.3m	$1.2m	$1.2m
Prepaid expenses and other current assets	—	—	—	$3.7m	$4.7m	$2.0m
Inventory, Net	$203k	$224k	$166k	—	—	—
Assets, Current	$343k	$10.4m	$6.6m	$2.7m	$88.0m	$81.2m
Total current assets	$343k	$10.4m	$6.6m	$2.7m	$88.0m	$81.2m
Property, Plant and Equipment, Net	$337k	$265k	$530k	$625k	$308k	$239k
Intangible Assets, Net (Excluding Goodwill)	—	—	—	$36.2m	$31.4m	$26.6m
Operating Lease, Right-of-Use Asset	—	—	$1.1m	$998k	$2.1m	$2.9m
Other Assets, Noncurrent	$14k	$50k	$119k	$83k	$689k	$2.0m
Right-of-use assets	—	—	$1.1m	$998k	$2.1m	$2.9m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current	$31k	$31k	$21k	$3k	$64.1m	$65.8m
Accrued Liabilities, Current	$124k	$311k	$495k	$375k	—	—
Deposits, current	—	—	—	$8.0m	$8.0m	$8.0m
Deposits, long-term	—	—	—	$276k	$271k	$280k
Accrued expenses and other current liabilities	—	—	—	$16.0m	$50.0m	$19.6m
Due to related parties	—	—	—	$4.4m	$0	$0
Current operating lease liabilities	—	—	$110k	$198k	$1.3m	$1.5m
Line of credit, current portion	—	—	—	$85.1m	$42.5m	$49.3m
Notes payable, current portion	—	—	—	$1.4m	$1.4m	$3.3m
Notes payable, net of current portion - related parties	—	—	$1.4m	$0	$34.8m	$28.8m
Non-current operating lease liabilities	—	—	$1.4m	$1.2m	$814k	$1.5m
Total non-current assets	—	—	—	$47.9m	$34.7m	$32.0m
Total non-current liabilities	$3.5m	—	$2.8m	$1.3m	$37.5m	$30.4m
Total stockholders’ deficit	($3.9m)	$8.2m	$4.4m	$608k	($12.0m)	($32.1m)
Assets	$694k	$10.7m	$8.4m	$4.4m	$122.8m	$113.2m
LIABILITIES AND EQUITY
Total liabilities and stockholders’ deficit	$694k	$10.7m	$8.4m	$4.4m	$122.8m	$113.2m
Current liabilities:
Operating Lease, Liability, Current	—	—	$110k	$198k	$1.3m	$1.5m
Accounts Payable, Current	$862k	$871k	$622k	$523k	$2.0m	$5.1m
Operating Lease, Liability, Noncurrent	—	—	$1.4m	$1.2m	$814k	$1.5m
Long-term Debt, Excluding Current Maturities	—	—	—	—	$36.7m	$28.8m
Long-term Debt, Current Maturities	—	—	—	—	$43.9m	$55.8m
PEO liability and accrued interest	—	—	—	—	$23.3m	$32.9m
Liabilities, Current	$1.0m	$2.6m	$1.2m	$2.5m	$97.2m	$115.0m
Total current liabilities	$1.0m	$2.6m	$1.2m	$2.5m	$97.2m	$115.0m
Other Liabilities, Noncurrent	—	—	—	—	$0	—
Other long term debt	—	—	—	—	$0	$3.2m
Liabilities	$4.5m	$2.6m	$4.0m	$3.8m	$134.8m	$145.3m
Stockholders’ equity:
Preferred Stock, Value, Issued	$58	—	—	$0	$0	$0
Common Stock, Value, Issued	$49	$119	$119	$4	$531	$557
Additional Paid in Capital	$6.9m	$22.6m	$22.9m	$24.7m	$123.5m	$162.8m
Retained Earnings (Accumulated Deficit)	($10.7m)	($14.4m)	($18.5m)	($24.1m)	($135.5m)	($194.9m)
Accumulated Other Comprehensive Income (Loss), Net of Tax	—	—	$22k	—	—	—
Preferred stock, $0.00001 par value; 20,000,000 shares authorized and none issued at December 31, 2025 and December 31, 2024, respectively	$58	—	—	$0	$0	$0
Common stock, $0.00001 par value; 300,000,000 shares authorized; 55,713,259 and 53,130,946 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively	49	119	119	4	531	557
Stockholders' Equity Attributable to Parent	($3.9m)	$8.2m	$4.4m	$608k	($12.0m)	($32.1m)
Liabilities and Equity	$694k	$10.7m	$8.4m	$4.4m	$122.8m	$113.2m