Company: AAPI
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001477932-25-002341
Chunk: 631

Company: Apple iSports Group, Inc.
Filing Date: 2025-04-01
Form: 10-K
Item: Item 8
Chunk 631
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Audited financial statements begin on the following page of this report

Apple iSports Group, Inc.

Index to Financial Statements

  Page     REPORTS OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM (FIRM ID 5525) F-2     REPORTS OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM (FIRM ID 00536) F-3     CONSOLIDATED BALANCE SHEETS F-4     CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS F-5     CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIT F-6     CONSOLIDATED STATEMENTS OF CASH FLOWS F-7     NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS F-8 

 F-1Table of Contents

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Stockholders of Apple iSports Group, Inc. 

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheet of Apple iSports Group, Inc. (“the Company”) as of December 31, 2024, and the related consolidated statements of comprehensive loss, changes in stockholders’ deficit, and cash flows for the year then ended, and the related notes (collectively referred to as the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2024, and the results of its operations and its cash flows for the year then ended, in conformity with accounting principles generally accepted in the United States of America.

Going Concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2 to the financial statements, the Company has an accumulated deficit, net losses, and negative cash flows from operations. These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans in regard to these matters are also described in Note 2. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Basis for Opinion

These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and