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Specificity (SPTY) 10-K Filings

SPTY OTC

Here are the 10-K annual reports from Specificity Inc (SPTY) 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-K covers the audited annual report, with the full financial statements, so if you follow SPTY 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 SPTY filings page.

Rhea-AI Summary

Specificity, Inc. is restating its 2025 annual results in an amended 10‑K/A after discovering unrecorded bank, credit card and convertible debt transactions from December 9–31, 2025. The restatement modestly increased total assets by $203 but raised total current liabilities by $121,122 and deepened total equity to a deficit of $709,177.

Net loss for 2025 increased to $554,067 on revenue of $1,090,450, and net cash used in operating activities worsened to $149,371. The company reports a working capital deficit of $1,259,042, an accumulated deficit of $8,635,959 and a going‑concern warning. Management discloses multiple material weaknesses in internal control and plans to rely heavily on a Strata Purchase Agreement for up to $5,000,000 of equity funding while it attempts to scale its digital marketing business.

Rhea-AI Summary

Specificity, Inc. reports 2025 results and highlights substantial doubt about its ability to continue as a going concern. Revenue rose to $1,087,950, up about 10% from 2024, driven by three new large contracts and initial international revenue.

Cost of services increased to $618,803, while operating expenses fell to $774,459 after sales and administrative reductions. The company recorded a net loss of $473,147, narrowing from 2024 but still contributing to an accumulated deficit of $8,555,039.

Specificity ended 2025 with only $1,784 in cash, a working capital deficit of about $1,138,122, and total assets of $1,555,398 against liabilities of $2,143,656. Auditors emphasized going concern risk, and management plans to rely heavily on equity and debt financing, including a Strata Purchase Agreement for up to $5,000,000 of stock. CEO Jason Wood controls about 80% of voting power, and the firm remains an emerging growth, small digital marketing company with approximately nine employees.