Vynleads, Inc.

VYND: 10-Q · periodic report

Vynleads, Inc. filed its Form 10-Q for the quarter ended June 30, 2026 reporting zero revenue for all periods presented and a net loss of $63,889, wider than the $57,081 loss a year earlier; the six-month loss grew to $160,845 from $138,051. The core takeaway is a going-concern warning: cash stood at just $18,189 against total current liabilities of $475,546, and management states there is substantial doubt about the company's ability to continue, estimating it needs roughly $5.5 million of additional working capital over the next 12 months with no committed financing in place. Financial stress is visible elsewhere in the filing: two promissory notes totaling $75,000 are disclosed as currently in default, the company carries a stockholders' deficit of $448,276 with an accumulated deficit of $3,201,441, and operations have been funded through small bridge loans from individuals, including $65,000 raised in the second quarter of 2026. CEO Alex Mannine has waived all cash compensation since September 2020, with $32,500 per quarter recorded as an in-kind contribution of services, underscoring that the company cannot fund even executive payroll as it pushes its Done With Diabetes wellness app and supplement offerings.

SEC 10-Q•2mo ago

VYND: 10-Q · periodic report

Vynleads, Inc. reported zero revenue for the quarter ended March 31, 2026, with a net loss of $96,956 compared to a loss of $80,970 in the prior-year period. The company's operating losses continue to widen, driven by increased selling, general, and administrative expenses related to third-party software development, while its flagship product, the Done With Diabetes app, generates no sales. The company faces a severe liquidity crisis, with cash reserves depleting to just $262 from $44,628 at year-end 2025. As a result, management has disclosed substantial doubt about the company's ability to continue as a going concern. Vynleaders estimates it needs approximately $5.5 million in additional capital over the next year to fund operations and growth initiatives, though it currently has no firm commitments for such funding. Management identified a material weakness in internal control over financial reporting due to a lack of segregation of duties, concluding that disclosure controls and procedures were not effective as of the end of the quarter. Although the company secured $40,000 in additional debt financing subsequent to the quarter-end, the low cash balance and lack of revenue present significant risks to its viability.

SEC 10-Q•4mo ago

VYND: NT 10-Q · late filing

Vynleads, Inc. filed a Form 12b-25 notification on May 15, 2026, stating it is unable to file its Quarterly Report on Form 10-Q for the period ended March 31, 2026, within the prescribed time frame. The company cited delays in completing the preparation of its financial statements and management discussion and analysis as the reason for the late filing, asserting that doing so on time would require unreasonable effort or expense. Vynleads anticipates filing the delayed report no later than the fifth calendar day following the original due date, with CEO Alex J. Mannine signing the notification.

SEC NT 10-Q•5mo ago