FAR AI INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$23,022,514
Cash & Equivalents
84%
Receivables (Non-Related)
13%
Other Assets
2%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$562,647
Other Liabilities
67%
Payables & Accruals
33%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,472,748
$19,403,689
+1218%
Receivables (Non-Related)
-
$3,081,739
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$20,330
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$8,204
$111,178
+1255%
Other Assets
$12,682
$405,578
+3098%
Total Assets
$1,493,634
$23,022,514
+1441%
Liabilities
2023
2024
Change
Payables & Accruals
-
$185,964
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$376,683
-
Total Liabilities
$0
$562,647
-
Net assets
2023
2024
Change
Restricted Net Assets
$50,000
$14,797,659
+29495%
Unrestricted Net Assets
$1,443,634
$7,662,208
+431%
Net assets
2023
2024
Change
Net assets
+$1,493,634
+$22,459,867
+1404%
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