SCORES HOLDING CO INC
AI Executive Summary
AI-powered analysis of 10-Q filing content
Scores Holding Co shows severe financial distress with stockholders' deficit of $587,800, minimal cash reserves of $29,291, and total liabilities exceeding assets. The company operates on minimal royalty revenue of $73,500 quarterly with no revenue growth and significant liquidity constraints threatening viability.
Red Flags Detected (7)
Stockholders' deficit of $587,800 indicating liabilities exceed assets
Critical cash position of only $29,291 with declining trend from $46,624
Total liabilities of $683,091 far exceed total assets of $95,291
4 more red flags detected
Key Takeaways
Company is technically insolvent with negative equity
Extremely limited operating model dependent on single royalty stream
2 more takeaways
Filing Overview
What This Means
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.