Welcome to our dedicated page for Apple iSports SEC filings (Ticker: AAPI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Apple iSports Group, Inc. filings document an OTC-QB Nevada issuer in digital gaming, entertainment and technology services, with disclosure focused on material agreements, financing arrangements, governance changes and reporting obligations. Recent 8-K records describe joint venture and brand-licensing arrangements for gaming products and technical services, a common stock purchase facility, a demand-loan agreement, and the termination or amendment of prior agreements.
The filing record also covers officer and director changes, subsidiary roles, the completed move of operations from Australia to the United States, emerging growth company status, securities registration status, and a Form 12b-25 notice related to the timing of the annual report. These filings frame Apple iSports’ capital structure, governance, contract obligations and public-company reporting status.
Apple iSports Group, Inc. reported a net loss of $385,221 for the quarter ended March 31, 2026, with no revenues, reflecting its early-stage status. The loss narrowed sharply from $3,191,732 a year earlier, mainly because stock-based compensation fell to $250,000 from $2,566,695.
Total assets were $2.39M and liabilities $6.78M, leaving a stockholders’ deficit of $4.39M. Cash was only $860, and working capital was negative $6.21M, so the company discloses “substantial doubt” about its ability to continue as a going concern and expects to rely on related-party loans and external financing.
Strategically, Apple iSports is pivoting from a direct-to-consumer sportsbook model toward a business-to-business focus. On March 1, 2026, it entered a 50/50 joint venture and license agreement with AiC Enterprises, LLC to use AiC’s crypto-enabled online gaming platform, targeting B2B revenue-sharing opportunities. The company also has a common stock purchase facility of up to $25M with an investor, which has demanded $250,000 under the arrangement; Apple iSports has not drawn on the facility and is assessing its legal position.
Apple iSports Group, Inc. filed a Form 12b-25 notifying that it cannot timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2026 because the financial statements could not be completed in time. The company states it will file the Form 10-Q by the extension date. The notification is signed by CEO Joe Martinez on May 15, 2026.
Apple iSports Group, Inc. is an early-stage Nevada company building a digital sports betting and gaming platform focused on Australia and the U.S., combining fixed-odds and pari-mutuel wagering with live sports streaming and advertising.
The company remains pre-revenue and highly cash constrained. For the year ended December 31, 2025, it recorded a net loss of $6,407,709, a working capital deficit of about $5,900,109 and cash of roughly $55,938, leading its auditor to raise substantial doubt about its ability to continue as a going concern.
Since inception, Apple iSports has raised approximately $3,023,397 in private placements and received more than $3,155,218 in related-party loans that are due on demand. Management estimates about $5.5 million is needed to complete the platform and a further $5–6 million in annual operating costs, excluding marketing, so additional equity or debt financing is essential and could significantly dilute existing shareholders.
The company holds a provisional Advance Deposit Wagering license in North Dakota and is seeking an Australian online bookmaking license and additional U.S. sports betting market access over time. It highlights extensive regulatory, competitive, technology, cybersecurity and execution risks, notes it is classified as a penny stock on the OTCQB under “AAPI,” and discloses heavy dependence on a 41% controlling shareholder and on third‑party software and infrastructure vendors.
Apple iSports Group, Inc. filed a Form 12b-25 notifying the SEC that it cannot timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 because the financial statements could not be completed in time. The company states it will file the Form 10-K by the extension date.
Apple iSports announced it has signed a Joint Venture Agreement with AiC Enterprises LLC, Belize, an online gaming company. Under the deal, Apple iSports will supply a gaming products platform and technical services, and has licensed its “apple-i” brand to AiC for joint promotion in the gaming ecosystem.
The agreement, approved by the boards of both companies, became effective on February 28, 2026 (Asia-Pacific time). AiC will operate under the appleiCasino brand, led by CEO and major shareholder Michael Cho, while Apple iSports’ board will contribute management expertise and industry relationships.
Strategically, the partnership aims to build gaming revenue from both business-to-business and consumer channels and strengthen both companies’ positions in global online gambling services. Apple iSports’ CEO Joe Martinez said the joint venture supports its growth objectives and anticipated acquisitions as it seeks to become a NASDAQ mainboard-listed company.
Apple iSports Group, Inc. filed an amended report describing a payment demand tied to a prior financing agreement. On August 5, 2025, the company entered into a Common Stock Purchase Agreement, referred to as a Facility, with LDA Capital Group LLC. On February 13, 2026, LDA Capital sent written notice demanding payment of $250,000, stated as due under the Facility, and indicated a second $250,000 payment is due on August 5, 2026, the Facility’s first anniversary. The company has not used this Facility and is assessing its legal position regarding both the demand and the agreement.
Apple iSports Group, Inc. reported that its agreement with LBC Enterprises PTY LTD, known as “Lucky Bet,” has been terminated. Lucky Bet informed the company on February 10, 2026 that it ended the agreement after the parties were unable to agree on certain key terms and cited additional allegations regarding the agreement. The company had previously issued a press release about entering this agreement on July 25, 2025, and now formally discloses that the material definitive agreement is no longer in effect.
Apple iSports Group, Inc. reports that on December 31, 2025 it terminated Lee Seltzer from his role as Chief Operating Officer and as an employee of its Australian second-tier subsidiary. The change is tied to the company’s decision to move its operations from Australia to the United States, effective the same date, signaling a shift of its operational base to the U.S.
Following his termination, Mr. Seltzer made a demand on the company for approximately $100,000, which he states is owed under his employment agreement with the Australian subsidiary. The company states that it is currently assessing the propriety of this demand, indicating that any obligation or resolution has not yet been determined.
Apple iSports Group, Inc. reported that on December 11, 2025, Jeremy Samuel resigned as President of the company and as a member of its Board of Directors. He also resigned as President of the company’s two subsidiaries, Apple iSports, Inc. in Delaware and Apple iSports Australia Pty Ltd. The company stated that his resignation was not due to any disagreement with the company regarding its operations, policies, or practices. The report is signed by Chief Executive Officer Joe Martinez on behalf of Apple iSports Group, Inc.
Apple iSports Group (AAPI) filed its Q3 2025 report, showing no revenue and a larger loss as it builds its betting and media platform. Net loss reached $8.25 million for the nine months ended September 30, 2025, compared with $2.01 million a year ago. Operating expenses rose to $6.07 million (up 133%), driven mainly by stock-based compensation tied to new U.S. and Australian option plans. The company also recorded $2.30 million in issuance costs related to an August 2025 common stock purchase agreement.
Cash was $9,304 with a working capital deficit of $6.07 million and an accumulated deficit of $21.51 million, and management disclosed substantial doubt about continuing as a going concern. A related-party loan of $2.81 million was converted into 11,231,040 shares, reducing interest expense. A new equity facility permits purchases of up to $25 million of common stock, alongside warrants for 7,692,492 shares at an initial $7.76 exercise price; no draws or exercises occurred. As of November 14, 2025, 219,785,477 shares were outstanding. Several asset LOIs were pursued; the broadband infrastructure deal was terminated on or about July 13, 2025.