DSS (DSS) 8-K/A Financial Statements and Exhibits

Exhibit 99.3

DSS, INC. AND SUBSIDIARIES

Consolidated Balance Sheets

As of December 31, 2020

ASSETS	Pre-Acquisition DSS (Purchaser) December 31, 2020			Record 12.23.2021 Investment			Post-Acquisition DSS (Purchaser) December 31, 2020			Sharing Service Global Corp (Target) March 31, 2021			Proforma Adjustment (Note 1)			Proforma Adjustment (Note 2)			Consolidated
Current assets:
Cash and cash equivalents	$	5,226,000		$	(3,000,000	)	$	2,226,000		$	12,144,409		$	-		$	-		$	14,370,409
Restricted cash		-			-			-			-			-			-			-
Accounts receivable, net		3,910,000			-			3,910,000			1,514,359			-			-			5,424,359
Income taxes receivable		-			-			-			107,097			-			-			107,097
Inventory		1,955,000			-			1,955,000			2,471,310			-			-			4,426,310
Current portion of notes receivable		-			-			-			94,600			-			-			94,600
Prepaid expenses and other current assets		1,359,000			-			1,359,000			2,403,634			-			-			3,762,634
Total current assets		12,450,000			(3,000,000	)		9,450,000			18,735,409			-			-			28,185,409
Property, plant and equipment, net		4,146,000			-			4,146,000			887,950			-			-			5,033,950
Investment in real estate		-			-			-			-			-			-			-
Other investments		1,788,000			-			1,788,000			-			-			-			1,788,000
Investment, equity method		12,234,000			-			12,234,000			-			(604,000	)		(11,630,000	)		-
Marketable securities		9,136,000			-			9,136,000			-			-			-			9,136,000
Notes receivable		537,000			-			537,000			-			-			-			537,000
Non-current assets held for sale - discontinued operations		744,000			-			744,000			-			-			-			744,000
Other assets		384,000			-			384,000			219,142			-			-			603,142
Right-of-use assets		182,000			-			182,000			428,075			-			-			610,075
Deferred tax asset, net		-			-			-			1,873,170			-			-			1,873,170
Investment in unconsolidated entities		-			-			-			-			-			-			-
Investment in target		-			3,000,000			3,000,000			-			-			(3,000,000	)		-
Goodwill		26,862,000			-			26,862,000			-			-			-			26,862,000
Other intangible assets, net		23,456,000			-			23,456,000			188,567			-			-			23,644,567
Total assets	$	91,919,000		$	-		$	91,919,000		$	22,332,313		$	(604,000	)	$	(14,630,000	)	$	99,017,313
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	1,482,000		$	-		$	1,482,000		$	1,295,174		$	-		$	-		$	2,777,174
Accrued expenses and deferred revenue		5,270,000			-			5,270,000			10,344,014			-			-			15,614,014
Other current liabilities		1,435,000			-			1,435,000			2,473,412			-			-			3,908,412
Current liabilities held for sale - discontinued operations		240000			-			240,000			-			-			-
Current portion of lease liability		167,000			-			167,000			-			-			-			167,000
Current portion of long-term debt, net		278,000			-			278,000			1,140,031			-			-			1,418,031
Total current liabilities		8,872,000			-			8,872,000			15,252,631			-			-			24,124,631
																				-
Long-term debt, net		1,976,000			-			1,976,000			34,762			-			-			2,010,762
Long term lease liability		15,000			-			15,000			77,810			-			-			92,810
Non-current liabilities held for sale - discontinued operations		505,000			-			505,000			-			-			-
Other long-term liabilities		507,000			-			507,000			808,071			-			-			1,315,071
Deferred tax liability, net		3,499,000			-			3,499,000			-			-			-			3,499,000
Stockholders’ equity
Preferred stock, $.02 par value; 47,000 shares authorized, shares issued and outstanding (43,000 on December 31, 2020); Liquidation value $1,000 per share, $- aggregate. $43,000,000 on December 31, 2020)		1,000			-			1,000			-			-			-			1,000
Series A convertible preferred stock, $0.0001 par value, 100,000,000 shares designated, 3,100,000 shares and 5,100,000 shares issued and outstanding at September 30 and March 31, respectively		-			-			-			510			-			(510	)		-
Series C convertible preferred stock, $0.0001 par value, 10,000,000 shares designated, 3,220,000 shares and 3,230,000 shares issued and outstanding at September 30 and March 31, respectively		-			-			-			323			-			(323	)		-
Common stock, $.02 par value; 200,000,000 shares authorized, 79,745,886 shares issued and outstanding (5,836,000 on December 31, 2020)		116,000			-			116,000			-			-			-			116,000
Common Stock, $0.0001 par value, 800,000,000 Class A shares authorized, 187,610,769 shares and 160,100,769 shares issued and outstanding at September 30 and March 31, respectively		-			-			-			16,010			-			(16,010	)		-
Additional paid-in capital		174,380,000			-			174,380,000			43,757,768			-			(43,757,768	)		174,380,000
Non-controlling interest in subsidiary		3,430,000			-			3,430,000			-			-			(8,470,961	)		(5,040,961	)
Shares to be issued		-			-			-			12,146			-			(12,146	)		-
Accumulated deficit		(101,382,000	)		-			(101,382,000	)		(37,627,718	)		(604,000	)		37,627,718			(101,986,000	)
Cumulative translation adjustments		-			-			-			-			-			-			-
Total stockholders’ equity		76,545,000			-			76,545,000			6,159,039			(604,000	)		(14,630,000	)		67,470,039
Total liabilities and stockholders’ equity	$	91,919,000		$	-		$	91,919,000		$	22,332,313		$	(604,000	)	$	(14,630,000	)	$	99,017,313

	Credit		Debit
Note 1: Eliminate intercompany activity
Investment, equity method			$	604,000
Accumulated deficit	$	604,000
Note 2: Elimination of SHRG equity
Investment, equity method			$	11,630,000
Investment in target			$	3,000,000
Series A convertible preferred stock, $0.0001 par value, 100,000,000 shares designated, 3,100,000 shares and 5,100,000 shares issued and outstanding at September 30 and March 31, respectively	$	510
Series C convertible preferred stock, $0.0001 par value, 10,000,000 shares designated, 3,220,000 shares and 3,230,000 shares issued and outstanding at September 30 and March 31, respectively	$	323
Common Stock, $0.0001 par value, 800,000,000 Class A shares authorized, 187,610,769 shares and 160,100,769 shares issued and outstanding at September 30 and March 31, respectively	$	16,010
Additional paid-in capital	$	43,757,768
Non-controlling interest in subsidiary	$	8,470,961
Shares to be issued	$	12,146
Accumulated deficit			$	37,627,718
Cumulative translation adjustments

Note 3: DSS, Inc. is performing a valuation of the assets as well as the non-contorlling interest portion of SHRG and its subsidiaries. For purposes of this proforma, and until the valuation is complete, $8,470,961 is included non-controlling interest.