Home / Going-concern warnings / Apple iSports Group, Inc.

3/5Apple iSports Group, Inc. (AAPI): Going-concern doubt

Filed 2025-08-14 路 Form 10-Q 路 Accession 0001477932-25-005799 small

Market data

Price before filing: $5.5 (2025-08-13 close, split/dividend-adjusted)
Market cap at flag: $1.19B (2025-08-14) 路 Latest: $41.7M (2026-10-15)

What happened next

WindowAAPISPYvs SPY
30 days-66.7%+2.5%-69.2%2025-09-15
90 days-92.7%+6.3%-99.0%2025-11-12
180 days-92.7%+7.9%-100.7%2026-02-10

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: no open-market insider sales or purchases reported.
30 days after: none reported.

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-05-16 to 2025-09-13. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"For the six months ended June 30, 2025, the Company reported a net loss of $ 3,738,329 , negative working capital of $ 5,073,858 , and an accumulated deficit of $ 16,997,278 . These conditions raise substantial doubt about the Company's ability to continue as a going concern."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Source: management disclosure in Form 10-Q (period 2025-06-30)

Why this score: quarterly (unaudited) disclosure

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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