Key Takeaway: Tharimmune, as reflected in its balance sheet for August 31, 2025, shows total assets of approximately $9.03 million and total liabilities of $2.15 million. The company's stockholders' equity stands at roughly $6.88 million, but it is overshadowed by a significant accumulated deficit exceeding $42 million. This financial structure may raise concerns about the company’s profitability and future financial health.
Market Sentiment Analysis
CONCERNS & RISKS
The company has an accumulated deficit of approximately $42.15 million.
The stockholders' equity shows a small positive value against a large deficit.
Current liabilities amount to $2.15 million, which could pose challenges for liquidity.
Full Press Release Details
CONSOLIDATED BALANCE SHEETS
August 31, 2025
(Unaudited)
ASSETS
Current assets
Cash and cash equivalents
$
8,782,667
Prepaid expenses and other current assets
151,591
Deferred offering costs
92,168
Total current assets
9,026,426
Total assets
$
9,026,426
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Current liabilities
Accounts payable
$
870,296
Accrued expenses
1,046,057
Insurance premium financing liability
49,599
Note payable
184,139
Total current liabilities
2,150,091
Total liabilities
2,150,091
Stockholders' equity
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, no shares issued and outstanding as of August 31, 2025
-
Common stock, $0.0001 par value, 250,000,000 shares authorized, 6,809,460 shares issued and 6,809,214 shares outstanding as of August 31, 2025, respectively
681
Additional paid-in capital
49,095,404
Accumulated deficit
(42,149,785
)
Treasury stock, at cost, 246 shares held in treasury as of August 31, 2025
(69,965
)
Total stockholders' equity
6,876,335
Total liabilities and stockholders' equity
$
9,026,426
Frequently Asked Questions
What are the total current assets as of August 31, 2025?
The total current assets are $9,026,426.
What is the total amount of liabilities reported?
Total liabilities reported are $2,150,091.
How much is the accumulated deficit as of August 31, 2025?
The accumulated deficit is $42,149,785.
What is the total stockholders' equity as of August 31, 2025?
Total stockholders' equity is $6,876,335.
What is the value of cash and cash equivalents reported?
The cash and cash equivalents amount to $8,782,667.