Company: AAPI
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001477932-25-002341
Chunk: 634

Company: Apple iSports Group, Inc.
Filing Date: 2025-04-01
Form: 10-K
Item: Item 8
Chunk 634
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 Bell, Pennsylvania

April 22, 2024

 F-3Table of Contents

APPLE ISPORTS GROUP, INC.

CONSOLIDATED BALANCE SHEETS

  December 31,  December 31,   2024  2023 Assets      Current assets:      Cash and cash equivalents $42,167  $673 Goods and service tax receivable  48,073   61,798 Marketable security  100   100 Prepaid and other assets  11,440   6,812 Total current assets  101,780   69,383          Deposits  87,313   - Notes Receivable  80,000   - Accrued interest income  2,998   - Total assets $272,091  $69,383          Liabilities and Stockholders’ Deficit        Current liabilities:        Accounts payable and accrued expenses $2,024,108  $2,464,558 Accounts payable and accrued expenses – related parties   458,525    - Due to related party  4,999   4,999 Loans payable - related parties  3,597,442   2,720,549 Accrued interest - related parties  154,160   77,964 Accrued payroll  402,130   108,487 Total current liabilities  6,641,364   5,376,557          Total liabilities  6,641,364   5,376,557          Commitments and contingencies                  Stockholders’ deficit:        Common stock, $0.0001 par value, 500,000,000 shares authorized, 208,484,811 and 202,784,211 issued and outstanding as of December 31, 2024 and 2023  20,848   20,278 Additional paid-in capital  6,567,575   5,223,245 Treasury stock, 1 share, at cost  (52,954 )  (52,954 )Accumulated other comprehensive income   354,207   (60,130 )Accumulated deficit  (13,258,949 )  (10