Every 10-Q that APPSOFT TECHNOLOGIES INC (ASFT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ASFT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ASFT filings page.
Appsoft Technologies, Inc. (ASFT) reported another pre-revenue quarter for the three and six months ended June 30, 2026, while continuing to operate as a going concern with substantial doubt disclosed. The company generated no revenue and recorded a net loss of $16,937 for the quarter and $37,386 for the six-month period, both narrower than the comparable 2025 losses as operating expenses declined.
Cash was $9 at June 30, 2026, against total liabilities of $609,672, producing a stockholders’ deficit of $609,663 and a working-capital deficit of $51,185. Operations are being funded primarily through related-party debt, including a note payable of $558,478 and accrued interest of $51,194. Under the related-party BGS Drawdown Note, aggregate borrowings reached $356,058 with $43,942 remaining available, and an additional $10,450 was drawn after quarter-end.
The company has suspended its historical apps and esports operations and is focusing on its new AI Profit Lab e-learning platform, which has not yet produced revenue. Management highlights substantial doubt about continuing as a going concern and discloses ongoing material weaknesses in internal control, including inadequate segregation of duties and the absence of an independent board.
AppSoft Technologies, Inc. reported no revenue and a net loss of $20,449 for the quarter ended March 31, 2026, slightly better than the $25,594 loss a year earlier. Operating costs were modest and primarily professional fees, outside services, and general and administrative expenses.
The company remains very small, with total assets of only $1,339 in cash and total liabilities of $594,065, reflecting heavy reliance on related-party debt, including a note payable of $545,643. Working capital was in deficit by $47,083 and accumulated deficit reached $1,129,811.
AppSoft has shifted focus toward its AI Profit Lab e-learning platform and has discontinued its Esportsreporter and Gamerfy services and halted promotion of its apps library. Management and auditors highlight substantial doubt about the company’s ability to continue as a going concern, and operations are currently funded by borrowings, mainly under a related-party drawdown note.
AppSoft Technologies, Inc. (ASFT) reported another quarter with no revenue and widening losses, raising substantial doubt about its ability to continue as a going concern. For the three months ended September 30, 2025, the company generated no revenue and recorded a net loss of $18,830, compared with a loss of $10,457 a year earlier. For the nine months, the net loss increased to $74,820 from $39,772.
At September 30, 2025, AppSoft had only $8 in cash, total assets of $8, and total liabilities of $553,463, resulting in a stockholders’ deficit of $553,455 and a working capital deficit of $43,112. Related-party notes payable totaled $510,343, all bearing interest at 2% per year, including $307,923 drawn under a Bryan Glass Securities drawdown note, with $92,077 remaining available.
The company has 4,495,198 common shares and 1,936,000 preferred shares outstanding and an accumulated deficit of $1,090,540 as of September 30, 2025. Management discloses that operations are minimal, relies heavily on related-party financing, and is actively seeking additional capital, while auditors and management highlight substantial doubt about its ability to continue as a going concern.