v3.21.2

Consolidated Balance Sheets - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Current assets:
Cash	$ 283,401	$ 7,000
Accounts receivable, net	40,887	12,824
Inventories	244,395	306,973
Other receivables, related party		1,149
Advances to suppliers	117,233	167,235
Other current assets	9,759	6,165
Total current assets	695,675	501,346
Property & equipment, net	7,284	12,227
Capitalized software costs, net	4,294	4,248
Total assets	707,253	517,821
Current liabilities:
Accounts payable and accrued liabilities	430,597	511,011
Customer deposits	60,750	1,673
Loan payable	95,222	114,113
Loan payable, related parties	37,480	183,709
Other payables	150,607	1,051
Other payables, related party	423,095	426,027
Total current liabilities	1,197,751	1,237,584
Total liabilities	1,197,751	1,237,584
Shareholders' Deficit:
Preferred stock $0.0001 par value, 5,000,000 shares authorized; none issued and outstanding	0	0
Common stock $0.0001 par value, 500,000,000 shares authorized; 102,166,400 shares issued and outstanding	10,217	10,217
Additional paid-in capital	497,573	497,573
Accumulated deficit	(966,400)	(1,198,730)
Accumulated other comprehensive loss	(31,888)	(28,823)
Total Stockholders' Deficit	(490,498)	(719,763)
Total liabilities and stockholders' deficit	$ 707,253	$ 517,821

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

CAT9 Group Inc. 10-Q