ATLANTICA INC (ALDA) Form 10-Q — Aug 14, 2026
Atlantica, Inc. filed its 10-Q for the quarter ended June 30, 2026 reporting a net loss of $92,466 ($194,536 for the first six months), with zero revenue, zero cash, and zero total assets. The filing carries an explicit going-concern warning: the shell company, dormant since 1997, depends entirely on majority shareholder Mirabella Holdings, which pays its expenses via unsecured demand loans ($844,428 outstanding at 10% interest compounded quarterly, with $1,431,187 of accrued interest) but is not obligated to continue doing so.
Key figures
- Total Debt
- 844428
- Total Assets
- 0
- Cash Position
- 0
- Shares Outstanding
- 2458590
- Accounts Payable
- 1767796
- Total Liabilities
- 6266657
- G And AExpense Q2 2025
- 63682
- G And AExpense Q2 2026
- 38696
- Related Party Loan Rate
- 10% per annum, compounded quarterly, due on demand
- G And AExpense Six Months2026
- 87953
- Note Payable Related Parties
- 844428
- Management Fee Annual Formula
- greater of $120,000 or 5% of consolidated EBITDA
- Accounts Payable Related Parties
- 2223246
- Accrued Interest Related Parties
- 1431187
- Management Fee Accrued Per Quarter
- 30000
- Mirabella Expenses Paid Six Months2026
- 32231
- Accrued Legal Fees Potential Acquisition
- 1716894
- Max Potential Dilution Future Transaction
- up to 95% of outstanding securities
AI analysis
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