Company: AAPI
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001477932-25-008337
Chunk: 34

Company: Apple iSports Group, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 34
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 208,284,211  $20,828  $6,597,595  $(52,954 ) $12,127  $(11,701,327 ) $(5,123,731 )                             Issuance of Common Stock  200,000   20   49,980               50,000 Other comprehensive income (loss)                  (178,812 )      (178,812 )Net loss for period                      (748,760 )  (748,760 )                             Balance September 30, 2024  208,484,211  $20,848  $6,567,575  $(52,954 ) $(166,685 ) $(12,450,087 ) $(6,001,303 )

See accompanying notes to condensed consolidated financial statements.

 F-3Table of Contents

APPLE iSPORTS GROUP, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

 (UNAUDITED)

  Nine Months Ended   September 30,   2025  2024 Cash flows from operating activities      Net loss $(8,251,741 ) $(2,012,474 )Adjustments to reconcile net loss to net cash used in operating activities:        Foreign exchange (gain) loss  (141,394 )  3,124 Forgiveness of debt  -   (658,533 )Non Cash Expense from issuance cost related to equity contract  2,240,042   - Non Cash Expense from stock issuance modification  -   80,000 Adjustment for stock-based compensation  1,807,148   -          Change in operating assets and liabilities:        Good and services tax receivable  41,416   22,369 Accrued interest income  (2,992 )  (1,990 )Accounts payable and accrued expenses  320,493   415,675 Accounts payable and accrued expenses – related parties  264,111   - Accrued interest – related party  33,385   60,701 Accrued payroll  (92,095 )  236,924 Prepaid and other assets  (4,060 )