International Land Alliance, Inc. reported a sharp deterioration in results for the nine months ended September 30, 2025. Net revenues were $1,878,548, down from $7,134,240 a year earlier, and the company swung from prior-period profit to a net loss of $5,133,913. Gross profit fell to $755,333 while operating expenses rose to $3,579,904, driving an operating loss of $2,824,571. After higher interest expense and a $682,653 loss from changes in the fair value of a derivative liability, total other expense reached $2,309,342. Cash used in operations was $1,201,790, and the company ended the period with cash of only $24,085. Current liabilities of $16,105,282 exceeded current assets by about $14.3 million, and accumulated deficit was approximately $29.3 million, leading management to conclude that substantial doubt exists about the company’s ability to continue as a going concern. The company is relying on additional debt and equity financing, which could further dilute existing shareholders.
International Land Alliance, Inc. (ILAL) has filed a Form 12b-25 to notify regulators and investors that it will be late filing its Form 10-Q for the quarter ended September 30, 2025. The report was due on November 14, 2025 for smaller reporting companies. The company explains that it experienced delays in completing its financial statements and other required disclosures, and its independent registered public accounting firm needs more time to finish its review. International Land Alliance states that it expects to file the completed Quarterly Report no later than the fifth calendar day after the original due date.
International Land Alliance, Inc. entered into a financing arrangement with Quick Capital LLC through three convertible promissory notes with principal amounts of $250,000, $155,555.56 and $31,111.11, for an aggregate of $436,666.67. The company received $347,100 in gross proceeds after original issue discounts of 10%–20% and lender legal fees of $2,500–$5,000.
The notes mature nine months from issuance and carry a guaranteed 12% annual interest rate, rising to up to 24% upon default, subject to legal limits. After 180 days from issuance, or upon an event of default, the holder may convert the notes (including accrued interest) into common stock at $0.11 per share, or on default at the lower of $0.11 or 65% of the lowest trading price over the 20 days before conversion. The securities were sold in a private placement to accredited investors under Section 4(a)(2) and Rule 506 of Regulation D.
International Land Alliance, Inc. entered into a financing transaction by issuing a $110,000 principal amount convertible promissory note to Vista Capital Investments, LLC, receiving $100,000 in gross proceeds. The note carries a 12% annual interest rate, includes a $10,000 original issue discount, and matures on March 11, 2026.
The note is convertible at the holder’s option into common stock at a conversion price of $0.35 per share, subject to a 4.99% beneficial ownership cap to limit how much of the company’s stock the holder can own after conversion. In the event of default, the balance increases to 125% of the outstanding amount and a $500 daily penalty accrues, alongside standard default triggers such as missed payments, late share issuance on conversion, failure to maintain public reporting, or insolvency. The securities were issued in a private placement to accredited investors under Section 4(a)(2) and Rule 506 of Regulation D.