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- Going Concern (new) — Company discloses substantial doubt about ability to continue operations due to recurring losses and limited cash .
SportsQuest reports net loss on zero revenue; going concern raised amid cash
Filed August 14, 2026 · Period ending June 30, 2026 · ~1 min read
Key Changes
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high
Company generated zero revenue in Q2 2026 and the six-month period, while carrying a $487,707 working capital deficit and $522,263 stockholders' deficiency (liabilities exceed assets).
Notes: Operating Results verify on EDGAR → -
high
Convertible notes payable rose to $390,202 from $319,204 at year-end, with $147,196 in accrued unpaid interest, indicating the company is not servicing debt in cash and depends entirely on external financing.
Notes: Convertible Debt view on EDGAR → -
high
Net loss improved to for the period from $63,642 in the prior year, though the company remains pre-revenue and funded by $70,998 in new convertible note proceeds during the six months.
MD&A: Net Loss verify on EDGAR →
1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 16, 2026 · How we verify