Company: VYND
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001079973-25-000779
Chunk: 19

Company: Vynleads, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Item 8
Chunk 19
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, 2025, our working capital was a deficit of $275,835, our accumulated deficit was $2,866,500, and we had
negative cash flows from operations of $41,833. These factors, among others, raise substantial doubt about our ability to continue as
a going concern. Our Financial Statements do not include any adjustments that might result from the outcome of this uncertainty. The accompanying
Financial Statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of
liabilities in the normal course of business. There are no assurances we will be successful in our efforts to report profitable operations
or to continue as a going concern, in which event investors would lose their entire investment in our company.

Our ability to continue
to grow our business is dependent upon our ability to raise additional sufficient capital to fund our operating expenses, including advertising,
until such time, if ever, that we are able to report profitable operations, as well as for our short-term and long-term growth plans.
We do not generate operating income and we are presently relying on cash we receive from the holdback receivable to pay our operating
expenses. Our management estimates that we require approximately $5,500,000 in additional working capital during the next 12 months in
order to meet our current business objectives, including the development of new indicators for our Lifestyle Blueprint platform, the addition
of print versions of our DWD Protocol, expanding our supplement product line and additional subscription content offerings for our customers.
This additional working capital is also necessary to fund increases in our advertising and marketing costs, costs associated with the
development of additional infrastructure to support our expected growth, as well as funds to pay our operating expenses and general working
capital. We currently do not have any firm commitments to provide any additional capital to us. There are no assurances we will be successful
in securing the additional capital necessary to grow our company and pay our operating expenses. Any delay in raising sufficient funds
could adversely impact our ability to continue to increase our revenues in future periods. In addition, if we are unable to raise the
necessary additional working capital, we may be forced to reduce certain operating expenses in an effort to conserve our working capital
which will adversely impact our revenues and results of operations in future periods and there are no assurances we could continue as
a going concern.

18 

Summary of cash flows

    March 31,  
    March 31, 

    2025  
    2024