Financialsexperimental
BRAIN SCIENTIFIC INC.. Every figure is as filed in the company's 10-Q and 10-K reports. Quarters a filing does not report on their own are worked out from its year-to-date figures and marked *.
USD (whole amounts)
| Balance Sheet | FY FY22 31 Dec 2022 | FY FY21 31 Dec 2021 |
|---|---|---|
| Cash | 747,714 | 785,363 |
| Accounts receivable | 947 | 16,922 |
| Inventory | 149,558 | 146,090 |
| Advances to officers | 16,941 | |
| Prepaid expenses and other current assets | 409,783 | 166,458 |
| TOTAL CURRENT ASSETS | 1,308,002 | 1,131,774 |
| Property and equipment, net | 120,914 | 122,979 |
| Intangible assets, net | 10,151,172 | 10,920,577 |
| Goodwill | 913,184 | |
| Operating lease right-of-use asset | 88,537 | 191,702 |
| Long-term prepaid insurance | 75,000 | 95,000 |
| TOTAL ASSETS | 11,743,625 | 13,375,216 |
| Accounts payable and accrued expenses | 2,987,264 | |
| Accounts payable and accrued expenses | 2,512,622 | 75,000 |
| Accrued director’s fees | 75,000 | |
| Accrued interest | 316,689 | 356,998 |
| Convertible notes payable, net | 2,750,620 | |
| Notes payable | 320,000 | |
| Loans payable | 6,667 | 6,667 |
| Notes payable - related party | 15,110 | 155,989 |
| Derivative liabilities | 1,658,607 | |
| Operating lease liability, current portion | 83,710 | 104,591 |
| Convertible notes payable, net | 9,972,551 | |
| TOTAL CURRENT LIABILITIES: | 7,419,025 | 4,006,509 |
| Operating lease liability, net of current portion | 7,378 | 91,089 |
| TOTAL LIABILITIES | 7,426,403 | 14,070,149 |
| Common stock, $0.001 par value; 750,000,000 shares authorized, 1,242,647 and 593,410 shares issued and outstanding as of December 31, 2022 and December 31, 2021, respectively | 1,243 | 50,217 |
| Additional paid in capital | 38,942,765 | 21,537,763 |
| Accumulated deficit | -34,622,781 | -22,278,923 |
| Accumulated other comprehensive loss | -4,005 | -3,990 |
| TOTAL STOCKHOLDERS’ EQUITY (DEFICIT) | 4,317,222 | -694,933 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | 11,743,625 | 13,375,216 |