SEC Filing Document

Company: Ambitious Entertainment, Inc.
Ticker: 
CIK: 1900851
Filing Type: S-1
Document Type: S-1
Date Filed: 2026-05-15
Accession Number: 0001493152-26-023581
Exchange: 
SIC Code: 7812
SIC Description: Services-Motion Picture & Video Tape Production
URL: https://www.sec.gov/Archives/edgar/data/1900851/000149315226023581/forms-1.htm

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success of any project is often dependent on factors beyond our control, including market acceptance and the quality of our content. Each motion picture or series is a unique piece of art that depends on unpredictable audience reaction to determine commercial success. There can be no assurance that our feature films or series will be favorably received by viewers. anticipate that our revenues will likely be volatile, and we will likely experience significant quarter-to-quarter fluctuations in revenues and net income or loss. Until we realize consistent revenue and cash flow from developing and selling our IP content, our quarter-to-quarter comparisons of historical operating results will not be a good indication of future performance. It is possible that in some future quarter, operating results may fall below expectations of investors and securities analysts, which could adversely impact the trading price of our common stock. Technological advances may reduce demand for films.

The
entertainment industry in general, and the motion picture industry in particular, is continuing to undergo significant changes,
primarily due to technological developments. Because of this rapid growth of technology, we have developed a flexible business model
that relies on the development of IP for streaming sites as well as movie franchises for potential theatrical release. Shifting
consumer tastes and the popularity and availability of other forms of entertainment make it difficult to accurately predict the
overall effect these factors will have on the potential revenue from and profitability of theatrical feature-length motion pictures.
Streaming sites also purchase movie franchises so any failure of the theatrical release business would result in a shift to pitching
movie packages to streaming sites. At present, we have scheduled 1-2 theatrical releases and 7-8 streaming releases annually.

is possible that our IP projects may infringe on other copyrighted concepts. Litigation arising out of infringement or other commercial
disputes could cause us to incur expenses and impair our competitive advantage.

Although
we ensure we have legally secured all IP we develop with scrutinized agreements with the rights holder, we cannot be certain that our
projects will not be seen by some to infringe upon existing copyrights or other intellectual property rights held by third parties. We
cannot ensure that litigation will not arise from disputes involving these third parties. We may incur substantial expenses in defending
against prospective claims, regardless of their merit. Successful claims against us may result in substantial monetary liability, significantly
impact our results of operations in one or more quarters, or materially disrupt the conduct of our business. Our success depends in part
on our ability to obtain and enforce intellectual property protection for our projects, to preserve our trade secrets and to operate
without infringing the proprietary rights of third parties.

Prior
to acquiring or developing intellectual property, we engage outside legal counsel specializing in intellectual property matters to conduct
due diligence on underlying rights documentation, including review of chain of title and related agreements. We also obtain representations
and warranties from rights holders regarding ownership and non-infringement. Our monitoring efforts primarily consist of contractual
diligence procedures, consultation with intellectual property counsel, and review of publicly available materials. However, these measures
may not prevent third parties from asserting claims of infringement. We do not currently maintain a formal internal department dedicated
to monitoring third-party infringement of our intellectual property, and we have not initiated any enforcement actions to date. As a
result, we may not detect unauthorized use of our intellectual property in a timely manner, and we may lack sufficient resources to pursue
enforcement if necessary.

The
validity and breadth of claims covered in our copyrights involve complex legal and factual questions and, therefore, may be highly uncertain.
No assurances can be given that:

●	that
the scope of any future intellectual property protection will exclude competitors or provide competitive advantages to us;

●	that
any copyrights will be held valid if subsequently challenged;

●	that
others will not claim rights in, or ownership of, the potential copyrights or other proprietary rights we hold; or

●	that
our intellectual property will not infringe or be alleged to infringe on the proprietary rights of others.

Furthermore,
there can be no assurance that others have not developed or will not legally or illegally develop similar projects. Also, whether or
not additional intellectual property protection is issued to the company, others may hold or receive intellectual protection covering
projects that were subsequently developed by the company. Although we will have legally secured the IP, no assurance can be given that
others will not, or have not independently developed or otherwise acquired substantially equivalent intellectual property.

Failure
to manage our growth effectively could cause our business to suffer and have an adverse effect on our financial condition and operating
results.

manage our growth effectively, we must continually evaluate and evolve our organization by effectively managing our employees, operations,
finances, technology and development and capital investments efficiently. Our efficiency, productivity and the quality of our projects
may be adversely impacted if we do not train our new personnel, particularly our sales and support personnel, quickly and effectively,
or if we fail to appropriately coordinate across our organization. Additionally, our rapid growth may place a strain on our resources,
infrastructure, and ability to maintain the quality of our platform. In future periods, our revenue or profitability could decline or
grow more slowly than we expect. Failure to manage our growth effectively could cause our business to suffer and have an adverse effect
on our financial condition and operating results.

may experience fluctuations in our operating results, which could make our future operating results difficult to predict or cause our
operating results to fall below analysts’ and investors’ expectations.

Our
operating results have fluctuated significantly in the past, and we expect our future operating results to continue
to fluctuate due to a variety of factors, many of which are beyond our control.

For
example, our revenues and cost of goods sold have varied materially from period to period depending on the number of film and other content
projects in active production, released, or monetized during the applicable period. During the years ended December 31, 2023, 2024, and
2025, our revenues fluctuated based primarily on the timing and commercial performance of specific projects, as well as the recognition
of associated production and distribution costs. In periods where we had fewer film releases or delayed project monetization, revenue
declined while certain fixed overhead and development costs continued to be incurred, resulting in increased operating losses. Conversely,
in periods with higher project activity or successful releases, revenues increased but were accompanied by corresponding increases in
production, marketing, and distribution expenses.

Because
a significant portion of our costs are incurred in advance of, or contemporaneously with, a film’s release, operating results may
vary substantially depending on the timing of project completions and revenue recognition. In addition, changes in the number of projects
in development versus those in active production or distribution have caused, and may continue to cause, material fluctuations in cost
of goods sold and gross margins from year to year.

Fluctuations
in our operating results could cause our performance to fall below the expectations of analysts and investors and adversely affect the
price of our common stock. Because our business is project-based and continues to evolve, our historical operating results
may not necessarily be indicative of future performance.

Factors
that may cause our operating results to fluctuate include the following:

●	Timing
and performance of film releases: Our revenues can vary significantly based on the timing, number, and commercial success of
our film releases. Delays in production, unexpected changes in release schedules, or underperformance at the box office or on digital
platforms may result in material fluctuations in revenue and profitability.

●	Variability
in production and marketing costs: The costs associated with developing, producing, and promoting films can be unpredictable
and vary widely from project to project. Budget overruns, changes in production scope, or increased marketing spend may adversely
impact our margins and operating results.

●	Shifts
in consumer preferences and distribution platforms: Rapid changes in viewer preferences, audience fragmentation, or disruption
in traditional distribution channels (such as the decline of theatrical releases in favor of streaming) may impact the demand for
our content and affect our ability to monetize it effectively across different platforms.

Based
upon the factors above and others beyond our control, we have a limited ability to forecast our future revenue, costs and expenses, and
as a result, our operating results may, from time to time, fall below our estimates or the expectations of analysts and investors.

our costs increase, we may not be able to generate sufficient revenue to sustain profitability.

expect to expend resources to grow our business. We anticipate continued growth that could require further financial and other resources
to, among other things:

●	Develop,
produce, and market original film and television content across multiple formats and platforms;

●	Expand
our distribution channels, including direct-to-consumer and streaming platforms, both domestically and internationally;