Balance Sheet

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CONDENSED CONSOLDIATED BALANCE SHEETS (UNAUDITED) - USD ($)
Dec. 31, 2023
Jun. 30, 2023
Current assets    
Cash $ 1,844,420 $ 4,492,291
Accounts receivable 5,377,244 7,163,564
Inventory 14,663,908 11,557,128
Due from Bloomios 0 845,443
Prepaid expenses and other receivables 697,559 1,307,299
Current assets of discontinued operations 0 89,989
Total current assets 22,583,131 25,455,714
Property and equipment, net 7,600,398 7,526,463
Intangible assets, net 11,298,110 13,571,960
Goodwill 11,808,571 10,251,281
Deferred tax asset 6,771,230 5,604,056
Other assets 441,844 96,728
Assets held for sale 0 936,054
Right-of-use asset 1,657,463 410,811
Total other assets 39,577,616 38,397,353
Total assets 62,160,747 63,853,067
Current liabilities    
Accounts payable 3,017,764 3,969,746
Accrued compensation 495,228 533,842
Deferred revenue 104,149 0
Accrued liabilities 2,658,347 3,365,562
Acquisition payable 300,000 0
Current portion of notes payable 4,206,474 1,302,021
Current portion of convertible notes payable 0 1,254,167
Current portion of acquisition note payable 8,483,028 5,656,620
Current portion of related party note payable 0 1,429,356
Line of Credit 4,167,377 882,845
Current portion of operating lease payable 823,702 419,443
Current liabilities of discontinued operations 0 792,408
Total current liabilities 24,256,069 19,606,010
Operating lease payable, net of current portion 1,162,687 163,359
Related party note payable 1,459,630 0
Convertible notes payable 2,150,000 895,833
Acquisition notes payable, net of current 3,199,683 7,605,085
Notes payable, net of current portion 4,470,017 7,746,157
Total long-term liabilities 12,442,017 16,410,434
Stockholders' equity    
Preferred stock, $0.001 par value, 100,000,000 shares authorized, and 500,000 and 500,000 shares issued and outstanding, respectively 500 500
Common stock, $0.001 par value, 100,000,000 shares authorized, and 20,397,779 and 16,713,345 shares issued and outstanding, respectively 20,307 20,216
Additional paid in capital 52,437,336 51,522,229
Accumulated deficit (26,995,482) (23,201,175)
Total stockholders' equity attributable to Upexi, Inc. 25,462,661 28,341,770
Non-controlling interest in subsidiary   (505,147)
Total stockholders' equity 25,462,661 27,836,623
Total liabilities and stockholders' equity $ 62,160,747 $ 63,853,067

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