Fast Casual Concepts, Inc. reported a small Q1 2026 net loss of $1,957, a sharp improvement from a $36,961 loss a year earlier, as it shifted fully into digital marketing with $27,900 in service revenue. Cash rose to $9,653, but the company remains highly leveraged, with $172,679 in total liabilities and a stockholders’ deficit of $156,776 as of March 31, 2026.
Management discloses substantial doubt about its ability to continue as a going concern due to ongoing losses, negative operating cash flow and limited liquidity, and plans to raise up to $5,000,000 via private placements. Debt includes a $114,484 Economic Injury Disaster Loan and $40,481 in related-party notes. Internal controls over financial reporting are considered ineffective because of a material weakness and lack of experienced accounting personnel.
Fast Casual Concepts, Inc. reports 2025 results and explains its shift into digital marketing under the GDS Lumina brand. The company generated $65,700 in digital marketing revenue and reported net income of $792, largely influenced by one-time items and discontinued operations.
Fast Casual exited its restaurant and specialty beverage businesses and now focuses on marketing and data-driven services, including planned integrations with CRM and dealer management systems targeting auto and fast-casual sectors. Despite a small profit, the balance sheet shows only $10,127 in assets against $164,946 in liabilities and an accumulated deficit of $2,047,198, and both management and the auditor highlight substantial doubt about the company’s ability to continue as a going concern.
Management estimates it will need to raise between $1 million and $25 million over the next two years to fund growth, while an SBA EIDL loan of $114,484 remains outstanding. Governance is highly concentrated: CEO George Athanasiadis holds all 10,000,000 preferred shares plus 14,998,000 common shares, giving him about 90.8% of the company’s voting power.
Fast Casual Concepts, Inc. is registering its common stock under Section 12(g), becoming a fully reporting company while pivoting from restaurant franchising to digital marketing through its new subsidiary GDS Lumina, Inc. The business now focuses on branding, online marketing, and integrating AI-driven tools for clients, including fast-casual restaurants and auto-related businesses.
Financially, the company is very early-stage. For the six months ended June 30, 2025, it generated $18,500 in digital marketing revenue and recorded a net loss of $73,989, with a going concern warning due to recurring losses and negative operating cash flow. At June 30, 2025, it had $360 in cash, total liabilities of $292,589 and a stockholders’ deficit of $229,600, including a $114,400 SBA Economic Injury Disaster Loan and related-party debt.
The company estimates it may need between $1,000,000 and $25,000,000 of additional financing over the next two years. As of this filing it has 26,124,754 common shares outstanding and 10,000,000 Series A preferred shares; CEO George Athanasiadis owns all preferred shares and 14,998,000 common shares, giving him about 90.8% of voting power. The stock trades on the OTCIQ as a penny stock, with limited liquidity and additional regulatory frictions for investors.
Fast Casual Concepts, Inc. (FCCI) reported its Q3 2025 results with a small profit from continuing operations but a larger year-to-date loss driven by discontinued businesses. The company generated $26,100 in Q3 revenue from digital marketing services and delivered $1,089 net income from continuing operations for the quarter. For the nine months, revenue was $44,600, while the company recorded a $72,900 net loss, including a $58,839 loss from discontinued operations tied to the terminated CK Distribution beverage venture.
Liquidity remains tight. Cash was $7,265 and total assets $19,065 at September 30, 2025, against total liabilities of $247,576, resulting in a stockholders’ deficit of $(228,511). Related‑party debt totaled $120,481 (including $101,000 due in 2026), and the EIDL balance was $114,484. Operating cash outflow was $55,464 year‑to‑date; financing inflows were $62,482. The company issued 12,000 shares for $6,000. Management disclosed substantial doubt about continuing as a going concern and reported material weaknesses in internal controls. Shares outstanding were 26,124,754 as of November 14, 2025.
Fast Casual Concepts, Inc. (FCCI) has filed a Form 10 to register its common stock under Section 12(g) of the Exchange Act, which will make it a fully reporting public company. The Wyoming-based business has pivoted from operating and franchising fast-casual restaurants to providing digital marketing services through its new subsidiary, GDS Lumina, Inc., focusing on branding, online marketing and AI-enabled campaigns, including for restaurant and auto-related clients.
For the six months ended June 30, 2025, FCCI generated $18,500 of revenue from digital marketing, reported a net loss from continuing operations of $15,150, and a total net loss including discontinued operations of $73,989. As of June 30, 2025, it had $23,235 in total assets, $292,589 in total liabilities, and a stockholders’ deficit of $229,600, with only $360 in cash.
Auditors and management raise substantial doubt about FCCI’s ability to continue as a going concern, and management estimates it must raise between $1 million and $25 million over the next two years to execute its plans. The CEO, George Athanasiadis, owns about 57.4% of common stock and all Series A preferred shares, giving him 79.2% of voting power. The stock trades on the OTC market as a likely “penny stock,” with limited liquidity and added broker-dealer suitability hurdles.