Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 2,422,988 $ 1,614,933
Trade receivables 1,122,988 1,653,238
Other receivables 1,734,281 1,741,176
Due from related parties 388,129 5,714,741
Digital assets 14,901,321 30,441,133
Inventories 682,575 467,230
Prepaid expenses and other current assets 2,613,014 786,376
Total Current Assets 23,865,296 42,418,827
Property, plant and equipment, net 12,946,708 301,531
Operating lease right–of–use assets 2,315,726
Financial assets at fair value through profit or loss 1,396,266 1,381,666
Investments in joint venture 5,100,000 366
Goodwill 44,792,535 8,338,547
Intangible assets, net 9,763,092 11,913,096
Deferred tax asset 1,332
Other receivables 814,457 758,025
Due from related parties
Other non-current assets 35,941,961 35,941,961
Total Non-Current Assets 113,070,745 58,636,524
Total Assets 136,936,041 101,055,351
Current Liabilities    
Trade payables 4,253,912 3,285,495
Accrued expenses and other current liabilities 3,564,543 2,066,930
Contract liabilities 3,886,345 1,731,378
Income tax payable 71,263 254,434
Due to related parties 7,009,162 4,001,091
Operating lease liabilities – current portion 234,169
Loans payable - current portion 8,577,774 229,815
Short term debt 25,000 40,000
Total Current Liabilities 27,622,168 11,609,143
Due to related parties 9,722,569 1,789
Operating lease liabilities –non current portion 2,066,167
Loans payable – non-current portion 10,033,989
Deferred tax liabilities 907,500
Total Non-Current Liabilities 12,696,236 10,035,778
Total Liabilities 40,318,404 21,644,921
Stockholders’ Equity    
Share capital 238,695,979 166,301,870
Treasury shares (4,346,764)
Reserves (7,131,612) (8,508,313)
Accumulated losses (137,963,053) (84,014,856)
Capital and reserves attributable to owners of Genius Group Limited 89,254,550 73,778,701
Non-controlling interest 7,363,087 5,631,729
Total Stockholders’ Equity 96,617,637 79,410,430
Total Liabilities and Stockholders’ Equity $ 136,936,041 $ 101,055,351