Company: AAPI
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001477932-25-002341
Chunk: 248

Company: Apple iSports Group, Inc.
Filing Date: 2025-04-01
Form: 10-K
Item: Item 2
Chunk 248
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umulated deficit  (13,258,949 )  (10,437,613 )Total stockholders’ deficit  (6,369,273 )  (5,307,174 )         Total Liabilities and Stockholders’ Deficit $272,091  $69,383 

The accompanying notes are an integral part of these consolidated financial statements

 F-4Table of Contents

APPLE ISPORTS GROUP, INC.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

  Years Ended   December 31,   2024  2023 Net revenues $-  $-          Operating expenses:        Corporate expense  458,366   548,582 Consulting and professional fees  2,237,043   1,580,451 Selling, general and administrative  724,017   810,066 Research and development  -   664,011 Total operating expenses  3,419,426   3,603,110          Loss from operations  (3,419,426 )  (3,603,110 )         Other expenses (income):        Forgiveness of debt  (659,663 )  - Interest expense  92,194   60,746 Foreign exchange loss  (30,621 )  14,467 Total other expenses (income)  (598,090 )  75,213          Operating loss before income taxes  (2,821,336 )  (3,678,323 )         Provision for income taxes  -   - Net loss $(2,821,336 ) $(3,678,323 )         Foreign currency translation adjustment  414,337   (87,088 )Comprehensive loss $(2,406,999 ) $(3,765,411 )         Net loss per share - basic and diluted ($0.00)  ($0.02)          Weighted number of shares outstanding        Basic and Diluted  206,701,891   202,746,293 

The accompanying notes are an integral part of these consolidated financial statements

 F-5Table of Contents

APPLE ISPORTS GROUP, INC.

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLD