Company: AAPI
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001477932-25-004015
Chunk: 0

Company: Apple iSports Group, Inc.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 1
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APPLE iSPORTS GROUP, INC.

CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE THREE MONTHS ENDED 

MARCH 31, 2025 AND 2024 (UNAUDITED) 

APPLE iSPORTS GROUP, INC.

INDEX TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Condensed Consolidated Balance Sheets as of March 31, 2025 and December 31, 2024 F-1    Condensed Consolidated Statements of Comprehensive Loss for the three months ended March 31, 2025 and 2024 F-2    Condensed Consolidated Statements of Stockholders’ Deficit for the three months ended March 31, 2025 and 2024 F-3    Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2025 and 2024 F-4    Notes to Condensed Consolidated Financial Statements F-5 

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APPLE iSPORTS GROUP, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

  March 31,   December 31,    2025   2024 Assets (UNAUDITED)    Current assets:      Cash and cash equivalents $145,729  $42,167 Goods and service tax receivable  2,464   48,073 Marketable security  100   100 Prepaid and other assets  7,280   11,440 Total current assets  155,573   101,780          Deposits  87,410   87,313 Notes receivable  80,600   80,000 Accrued interest income  3,984   2,998 Total assets $327,567  $272,091          Liabilities and Stockholders’ Deficit        Current liabilities:        Accounts payable and accrued expenses $2,155,487  $2,024,108 Accounts payable and accrued expenses – related parties  525,012   485,525 Due to related party  4,999   4,999 Loans payable - related parties  1,213,253   3,597,442 Accrued interest - related parties  38,045   154,160