Apple iSports Group, Inc.
corporate.appleisports.comAI Executive Summary
AI-powered analysis of 10-Q filing content
Apple iSports Group faces severe financial distress with zero revenue for consecutive quarters, stockholders' deficit of $4.4M, and critically low cash of only $860. The company has substantial related-party debt obligations and appears to be in pre-revenue or distressed operational state with continued quarterly losses.
Red Flags Detected (6)
Zero revenue for Q1 2026 and Q1 2025
Cash position collapsed from $55,938 to $860 (98.5% decline)
Stockholders' deficit of $4.4M indicating technical insolvency
3 more red flags detected
Key Takeaways
Company appears to be in pre-revenue development stage or operational distress
Extreme liquidity crisis with less than $1,000 in cash
2 more takeaways
Filing Overview
What This Means
High Risk Filing: This company is showing signs of financial stress or significant operational challenges.
Deteriorating Trend: Conditions are worsening compared to previous filings. This may create opportunities for service providers.
Quarterly Report: Interim filing with unaudited financial data for the quarter.