Company: AAPI
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001477932-25-004015
Chunk: 3

Company: Apple iSports Group, Inc.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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,681 ) $(3,918,778 )

              Accumulated                Additional      Other      Total   Common  Paid-In   Treasury   Comprehensive   Accumulated   Stockholders’   Shares  Par Value  Capital  Stock  Income  Deficit  (Deficit) Balance as of December 31, 2023  202,784,211  $20,278  $5,223,245  $(52,954 ) $(60,130 ) $(10,437,613 ) $(5,307,174 )                             Issuance of common stock   2,590,400   259   647,341               647,600 Other comprehensive income                  170,702       170,702 Net loss                      (748,265 )  (748,265 )                             Balance as of March 31, 2024  205,374,611  $20,537  $5,870,586  $(52,954 ) $110,572  $(11,185,878 ) $(5,237,137 )

See accompanying notes to condensed consolidated financial statements.

 F-3Table of Contents

APPLE iSPORTS GROUP, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

 (UNAUDITED)

  Three Months Ended   March 31,    2025  2024 Cash flows from operating activities      Net loss $(3,191,732 ) $(748,265 )Adjustments to reconcile net loss to net cash used in operating activities:        Foreign exchange loss  (13,878 )  (1,097 )Adjustment for stock-based compensation  2,566,695   -          Change in operating assets and liabilities:        Good and services tax receivable  46,039   (4,817 )Accrued interest income  (986 )  (171 )Accounts payable and accrued expenses  130,009   (137,129 )Accounts payable and accrued expenses – related parties  66,485   - Accrued interest – related party  9,158