PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. (PAXH) Form 10-Q — May 15, 2026
PreAxia Health Care Payment Systems Inc. reported a net loss of $951,362 for the nine months ended February 28, 2026, with zero revenue generated. The company holds only $57,330 in cash against total current liabilities of $806,831, resulting in a working capital deficit of $749,501. The filing includes explicit going-concern language, stating that substantial doubt exists about the company's ability to continue as a going concern within one year.
Key figures
- Revenue
- 0
- Total Debt
- 806831
- Cash Position
- 57330
- Shares Outstanding
- 44714782
- Short Term Loans
- 81010
- Related Party Loans
- 82242
- Options Outstanding
- 800000
- Stock Issued For Debt
- 15255770
- Warrants Outstanding
- 10800000
- Loss On Debt Settlement
- 169143
- Accrued Related Party Liabilities
- 564656
AI analysis
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