Here are the 10-Q quarterly reports from TAP Real Estate Techs Inc (RWAX) in our archive since June 2025, 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 RWAX 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 RWAX filings page.
TAP Real Estate Technologies, Inc. (RWAX), formerly HUMBL, Inc., reported no revenue from continuing operations for the six months ended June 30, 2026 and a net loss of $4,512,266, compared with net income of $10,023,416 a year earlier that was driven by a large gain on discontinued operations.
Total assets were $2.53 million, including cash of $165,611, against current liabilities of $5.13 million, resulting in a working capital deficit of $3,293,389. The company carried $2,778,150 of convertible promissory notes and $1,627,061 of derivative liabilities, and management concluded there is substantial doubt about its ability to continue as a going concern.
Operating cash outflows from continuing operations improved to $600,455 from $1,427,227, but were funded largely by $1,710,000 of financing, including $855,000 of new convertible notes and $855,000 from common stock sales. The period also reflects a strategic rebrand to blockchain-enabled real estate, a perpetual technology license with related-party TAP, Inc., and continued investment in the TAP HoldCo stake.
TAP Real Estate Technologies, Inc. (formerly HUMBL) reported no revenue from continuing operations for the three months ended March 31, 2026 and a net loss of $2,963,276, driven by operating expenses and costs tied to convertible debt and derivatives.
Cash declined to $6,682 with total assets of $2,187,567 against liabilities of $5,084,637, leaving a working capital deficit and stockholders’ deficit. Management states there is substantial doubt about the company’s ability to continue as a going concern.
The company completed a strategic rebrand to TAP Real Estate Technologies, shifting its focus to acquiring, managing, and tokenizing real estate using licensed blockchain technology from related-party TAP, Inc. It raised $705,000 via convertible notes and $510,000 from common stock sales in the quarter while paying $695,000 toward a long-term license fee.