Every 10-Q that MY CITY BUILDERS INC (MYCB) 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 MYCB 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 MYCB filings page.
My City Builders, Inc. files its quarterly report showing it is in an early development stage with no revenue from continuing operations and a net loss of $117,509 for the nine months ended April 30, 2026.
The company sold its former rental real estate subsidiary in 2025 and now focuses on developing a 4‑acre multifamily project in Glencoe, Alabama, recorded as land of $350,000 financed by a related‑party promissory note at 9.5% interest due in 2028.
Cash was only $2,921 with a working capital deficit of $30,540 and an accumulated deficit of $5,010,841, and management discloses substantial doubt about the company’s ability to continue as a going concern while it seeks about $1,250,000 in new equity and construction financing amid material weaknesses in internal controls.
My City Builders, Inc. reports no revenue from continuing operations for the three and six months ended January 31, 2026, and a net loss from continuing operations of $62,107 for the quarter and $94,244 for the six-month period. Results exclude the former rental real estate business, which was sold in 2025 and is presented as discontinued operations.
Total assets rose to $399,286, driven by acquisition of four acres of land in Glencoe, Alabama recorded at $350,000, financed with a related-party promissory note bearing 9.5% interest and maturing on October 30, 2028. The company ended the period with cash of $14,823, current assets of $49,286, current liabilities of $56,561, and a working capital deficit of $7,275, alongside an accumulated deficit of $4,987,576.
Management plans to develop up to 25 multifamily units on the Glencoe land, beginning with an 8‑unit duplex phase, but construction depends on securing financing. The company estimates it needs about $125,000 for corporate costs and about $1,250,000 in new equity over the next twelve months to support a construction loan. The filing highlights substantial doubt about the company’s ability to continue as a going concern, significant reliance on related-party funding, a $350,000 related-party secured note tied to development milestones, and material weaknesses in internal control over financial reporting.
My City Builders, Inc. reported no revenue and a net loss of $32,137 for the quarter ended October 31, 2025, slightly better than the prior year’s $74,485 loss largely because discontinued operations are no longer included. Operating expenses from continuing operations were modest at $32,137, mainly professional fees, reflecting an early-stage development company rather than an active revenue producer.
The balance sheet is very small: total assets were $375,832, driven by a new $350,000 purchase of four acres of land in Glencoe, Alabama, financed entirely by a related-party promissory note at 9.5% interest, due in 2028. Total liabilities of $403,500 left a stockholders’ deficit of $27,668 and cash of only $2,099. Management discloses substantial doubt about the company’s ability to continue as a going concern, estimating it needs about $125,000 for basic corporate costs and roughly $1,250,000 in equity to support construction financing. After quarter-end, it raised $82,500 by selling 1,650,000 shares. The company also reports material weaknesses in internal controls due to limited staff and reliance on outside consultants.