v3.25.2

Condensed Consolidated Balance Sheets - USD ($)	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash	$ 72,842	$ 318,441
Accounts receivable, net of allowance for doubtful accounts of $24,387 at December 31, 2024 and $75,105 at December 31, 2023	113,716	855,633
Prepaid expenses and other current assets	2,884	19,912
Total current assets	189,441	1,193,986
Property and equipment, net	23,959	138,494
Goodwill and Intangible assets, net	510,103	786,062
Right of use Asset	204,507
Deposits	8,457	3,000
Total other assets	747,025	927,556
Total assets	936,467	2,121,542
Current liabilities:
Current portion of debt	443,907	575,077
Secured notes and convertible notes payable, net of debt discounts of $0 and $62,500 at December 31, 2024 and December 31, 2023, respectively	682,768	971,788
Current portion of operating lease liabilities	57,207
Accounts payable	2,901,424	3,028,905
Accrued expenses	276,207	265,569
Deferred compensation	256,129	102,286
Accrued interest	131,356	200,279
Customer deposits payable	62,986	62,986
Derivative liability	21,945	214,702
Total current liabilities	4,833,929	5,421,592
Long-term liabilities:
Long-term portion of debt
Long- term portion of operating lease liabilities	147,298
Total long-term liabilities	147,298
Total liabilities	4,981,227	5,421,592
STOCKHOLDERS’ DEFICIT
Common stock, $0.0001 and $0.0001 par value; 3,000,000,000 and 3,000,000,000 and shares authorized; 14,006,859 and 8,814,613 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively	1,401	881
Preferred Stock, $0.0001 and $0.0001 par value, $1 and $1 per share stated value, 5,000,000 and 5,000,000 shares authorized; 52,000 and 52,000 shares of Series B Convertible Preferred Stock issued and outstanding as of December 31, 2024 and December 31, 2023, respectively	52,000	52,000
Additional paid-in capital	9,976,006	9,708,646
Accumulated deficit	(14,074,167)	(13,061,577)
Total stockholders’ deficit	(4,044,760)	(3,300,050)
Total liabilities and stockholders’ deficit	$ 936,467	$ 2,121,542

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).

Deep Green Waste & Recycling, Inc. 10-K/A