Company: AAPI
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001477932-25-008337
Chunk: 35

Company: Apple iSports Group, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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(16,120 )Deposits  (149,900 )  (39,512 )Net cash used in operating activities  (3,935,587 )  (1,909,836 )         Cash flows from investing activities         Notes receivable  (600 )  (80,000 ) Net cash used in investing activities  (600 )  (80,000 )         Cash flows from financing activities        Proceeds from loan payable from related parties  1,220,409   599,371 Payments to loans payable from related parties  (162,409 )  (138,915 )Proceeds from conversion of loan to common stock  2,845,199   1,344,900 Net cash provided by financing activities  3,903,199   1,944,271          Effect of changes in exchange rates on cash and cash equivalents  125   51,758          Net increase (decrease) in cash and cash equivalents  (32,863 )  6,193          Cash and cash equivalents, beginning of period  42,167   673          Cash and cash equivalents, end of period $9,304  $6,866          Supplemental disclosure of cash flow information:        Cash paid for interest $-  $- Cash paid for income tax $-  $-          Supplemental disclosure of Non-Cash Financing activities:        Non Cash decrease in related party loans payable due to conversion to common stock $(2,682,970 ) $- Non Cash decrease in accrued interest related party due to conversion to common stock $(124,790 ) $- Non Cash increase in common stock due to conversion of related party loan $1,123  $- Non Cash increase in Additional Paid in capital due to conversion of related party loan $2,806,637  $- Non Cash increase in Additonal Paid in capital due to issuance of warrant $1,740,042  $- Non Cash increase in Issuance cost and Accrued Expenses for the commitment fee for Common Stock purchase agreement $500,000  $- 

See accompanying notes to condensed consolidated financial statements.

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APPLE iSPORTS GROUP, INC.