Odyssey Health, Inc. (ODYY) Form 10-K — Oct 28, 2026
Odyssey Health's fiscal 2026 10-K carries a going-concern qualification: the company has never generated product revenue, posted a $5.73M net loss, and holds only $147,859 in current assets against $12.28M in current liabilities. The company defaulted on a Mast Hill convertible note at its August 2026 maturity and failed to maintain required share reserves. A October 23, 2026 Global Amendment extended all Mast Hill note maturities to January 31, 2027 and waived certain defaults, but Odyssey states it does not have funds to repay at the new maturity and expects to be in default absent restructuring, extension, or new financing.
Key figures
- Total Debt
- 5276282
- Cash Position
- 0
- Shares Outstanding
- 110218663
- Current assets
- 147859
- Interest expense
- 1582815
- Authorized shares
- 500000000
- Mast hill portion
- 3835282
- Accumulated deficit
- 68475530
- Current liabilities
- 12277546
- Net loss change pct
- 228.8%
- Notes maturity date
- 2027-01-31
- Share price reference
- 0.07
- Working capital deficit
- 12129687
- Nonaffiliate market value
- 6195975
- Convertible notes outstanding
- 4876282
- Gain on payable extinguishment
- 759114
AI analysis
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