ATPC Q2 2026: revenue collapsed 76.6% to $109K; net income $149K on $967K FX gain

Filed August 14, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 13, 2025 · ~2 min read

Key Changes

• high

  Revenue fell 76.6% YoY to $109,098 for Q2 2026, driven by zero green-energy revenue (vs. $137K baseline), a 52.4% drop in network marketing, and a 76.7% decline in wellness products. Operating loss narrowed 11% to $551K on cost cuts, but the company generated net income of $149,437 ($0.15 diluted EPS) solely due to a $967,485 non-cash foreign exchange gain.

  MD&A: Revenue & Operating Results verify on EDGAR →
• high

  Cash fell 79% to $45,480 while $24.5M (99% of current assets) remains an undeployed deposit with Bi Cheng Investment Management for which no investment has been identified. The company burned $505K in operating cash during the six months and now relies on director loans ($2.1M payable to related parties, up 8.7x YoY).

  MD&A: Liquidity & Notes: Going Concern verify on EDGAR →
• high

  Management states "substantial doubt regarding its ability to continue as a going concern" and notes that nearly all current assets are tied up in the undeployed Bi Cheng deposit. Plans to improve liquidity include increasing revenue, controlling costs, obtaining financing, and pursuing new investments, but "there can be no assurance" these will succeed.

  MD&A: Going Concern verify on EDGAR →