v3.25.2

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2025	Dec. 31, 2024
Current assets
Cash	$ 6,690	$ 12,896
Prepaid expenses and other assets	100,000	104,073
Total current assets	106,690	116,969
Noncurrent assets
Mineral claims	206,000	206,000
Total assets	312,690	322,969
Current Liabilities:
Accounts payable	342,190	399,631
Accrued expenses	1,067,517	826,688
Accrued interest	633,412	317,434
Promissory notes payable, net of discount	159,732	185,929
Promissory notes payable – related party	960,578	832,534
Convertible notes payable, net of discount	4,511,678	3,899,253
Convertible notes payable – related party	832,992	631,811
Current capital lease obligation	36,254	36,254
Total current liabilities	8,544,353	7,129,534
Total Liabilities	8,544,353	7,129,534
Stockholders’ deficit
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, 0 shares issued and outstanding
Common stock, $0.001 par value, 100,000,000 shares authorized, 2,750,947 and 2,586,982 shares issued and outstanding, respectively	2,751	2,586
Additional paid in capital	18,830,227	17,737,406
Accumulated deficit	(27,064,641)	(24,546,557)
Total stockholders’ deficit	(8,231,663)	(6,806,565)
Total liabilities and stockholders’ deficit	$ 312,690	$ 322,969

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

AMERICAN BATTERY MATERIALS, INC. 10-Q