APPYEA, INC (APYP) Form 10-Q — May 20, 2026
AppYea, Inc. reported a net loss of $1.57 million for the quarter ended March 31, 2026, driven by $533,000 in amortization of acquired intangible assets and $413,000 in general and administrative expenses. The company generated no revenue during the period, having pivoted from its legacy digital health business to a blockchain-based lottery platform following the acquisition of Techlott IP in late 2025. The filing includes explicit going-concern language, stating that the company’s recurring losses, negative cash flows, and accumulated deficit of $27 million raise substantial doubt about its ability to continue as a going concern.
Key figures
- Revenue
- 0
- Total Debt
- 9726000
- Cash Position
- 811000
- Gross Proceeds
- 750000
- Shares Outstanding
- 890742444
- Ga Expenses
- 413000
- Rd Expenses
- 215000
- Amortization Expenses
- 533000
- Anti Dilution Liability
- 7837000
Price after filing
Close on the filing date to close N calendar days later (from $0.01). Historical, not a forecast.
AI analysis
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