Balance Sheet: Equity improved from -$4.23M (Q2 2023) to $6.40M (Q3 2023) due to asset growth ($16.40M) and reduced liabilities ($10.00M). However, the current ratio of 0.22 and quick ratio of 0.08 highlight acute liquidity stress. Current liabilities ($9.00M) dwarf current assets ($2.02M), creating immediate solvency risks.
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