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Artisan Consumer Goods, Inc. (ARRT) filed its quarterly report for the period ended September 30, 2025. The company reported no revenue and a net loss of $21,012, compared with a $8,692 loss a year ago. Operating expenses rose to $20,582, largely from higher professional fees tied to an audit firm change. Cash was $462 at quarter-end, with net cash used in operations of $8,108, partly offset by $7,200 in related‑party loan proceeds.
The balance sheet shows total assets of $7,087 and current liabilities of $354,144, including $262,866 in related‑party loans, resulting in a working capital deficit of $348,057. Accumulated deficit reached $19,348,905. Management states there is substantial doubt about the company’s ability to continue as a going concern and plans to seek at least $100,000 through potential debt or equity financing. Disclosure controls and procedures were concluded to be not effective. Common shares outstanding were 4,400,048 as of November 14, 2025.
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