Bryn Inc. (BRRN) Form 10-Q — Aug 14, 2026
Bryn Inc., a Nevada shell company with no operations and no revenue, filed its 10-Q for the quarter ended June 30, 2026 reporting a net loss of $178,646 versus $8,472 in the year-ago quarter, and disclosed substantial doubt about its ability to continue as a going concern. The balance sheet is essentially empty: total assets of $1,909 against total liabilities of $206,170, a working capital deficit of $212,910, zero cash, and an accumulated deficit of $117.8 million. The company is being kept alive solely by interest-free demand loans from related party MEDO Healthcare LLC, which is owed $139,037.
Key figures
- Revenue
- 0
- Total Debt
- 139037
- Total Assets
- 1909
- Cash Position
- 0
- Shares Outstanding
- 450000000
- Accounts payable
- 67133
- Q2 2025 net loss
- 8472
- Q2 2026 net loss
- 178646
- Total liabilities
- 206170
- Accumulated deficit
- 117771719
- Eps basic and diluted
- $(0.00)
- Shares issued to lazar
- 30015577
- Six month 2025 net loss
- 24882
- Working capital deficit
- 212910
- Series a conversion ratio
- 250 common shares per preferred share; convertible into 2,500,000,000 common shares
- Additional debt adjustment
- 8649
- Medo preferred purchase price
- 175000
- Debt cancelled via share issuance
- 93285
- Related party loans medo outstanding
- 139037
- Related party loans lazar extended in period
- 12900
AI analysis
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