Company: AAPI
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001477932-25-008337
Chunk: 52

Company: Apple iSports Group, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 52
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 information for shares subject to time-based vesting:   2025   Options  Weighted Average Exercise Price Outstanding, December 31, 2024  -  $- Granted  8,275,000   0.25 Forfeited  (2,000,000 )  0.25 Outstanding, September 30, 2025  6,275,000  $0.25 

NOTE 10. SEGMENT REPORTING Operating segments are defined as components of an enterprise with separate financial information, which are evaluated regularly by the chief operating decision maker (“CODM”) and are used in resource allocation and performance assessments. The Company’s Chief Executive Officer is the Company’s CODM. The Company is organized and operates as one operating and reportable segment that is developing a digital sports betting and gaming platform. The Company’s CODM reviews financial information and operational forecasts presented on a consolidated basis for the purpose of making operating decisions and assessing financial performance. The Company’s CODM assesses performance for the Company’s single reportable segment based on the Company’s net income (loss) as reported on the consolidated statement of comprehensive income (loss).

NOTE 11. SUBSEQUENT EVENTS We evaluated subsequent events after September 30, 2025 through the date of the issuance of these financial statements. Based on this evaluation, we identified the following subsequent events, from September 30, 2025 through the date the financial statements were issued.  On November 1, 2025 the company entered into a Loan Agreement with a third party for the sum of $350,000 AUD ($227,500 USD).

 F-13Table of Contents

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Forward-Looking Statements

Certain statements made in this quarterly report on Form 10-Q are “forward-looking statements” (within the meaning of the Private Securities Litigation Reform Act of 1995) regarding the plans and objectives of management for future operations. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the registrant to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The forward-looking statements included herein are based on current expectations that involve numerous risks and uncertainties. The Company’s plans and objectives are based, in part, on assumptions involving the continued expansion of business. Assum