EX-99 2 finaapoon.txt AAPOON FINANCIALS AAPOON INC UNAUDITED FINANCIALS JANUARY 1 TO DECEMBER 31, 2019 "Profit & Loss" January through December 2019 "Ordinary Income/Expense" "Income" Refund of Service Fee 190.00 Total Income 190.00 Expense Software Development Expenses 172,858.59 Travel & Conference 18,463.06 Contract Service 6,075.52 Fundraising & Listing Expensers 17,533.59 Marketing Expenses 9,810.45 Office Expenses 1,198.99 Dues & Subscription 8,365.88 Meal & Entertainment 605.57 Interest 92.30 Bank Charges 400.00 Professional Fees 1,914.77 Utilities 585.33 Total Expense 237,904.05 Net Ordinary Income -237,714.05 Net Income -237,714.05 ASSETS "Current Assets" "Balance Sheet As of December 31, 2019" Dec31,19 Checking/Savings Cash & Bank 76,903.48 Total Checking/Savings 76,903.48 Total Current Assets 76,903.48 Other Assets PLATFORM Software Cost 3,500,000.00 Total Other Assets 3,500,000.00 TOTAL ASSETS 3,576,903.48 LIABILITIES & EQUITY "Liabilities Current Liabilities Credit Cards" Chase cc_ 8732 3,504.66 Total Credit Cards 3,504.66 Other Current Liabilities Loan Payable to iServiceGlobe 40,956.08 Total Other Current Liabilities 40,956.08 Total Current Liabilities 44,460.74 Long Term Liabilities Note Payable 3,924,600.00 Total Long Term Liabilities 3,924,600.00 Total Liabilities 3,969,060.74 Equity Capital Stock-Radha 1,000.00 Capital Stock-Srini 9,000.00 Opening Balance Equity -107,810.84 Retained Earnings -56,632.37 Net Income -237,714.05 Total Equity -392,157.26 TOTAL LIABILITIES & EQUITY 3,576,903.48