Welcome to our dedicated page for Sparta Coml Svcs SEC filings (Ticker: SRCO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Sparta Commercial Services, Inc. filings document the reporting and capital-structure disclosures of a Nevada operating company whose common stock trades as SRCO. Recent Form 12b-25 notices address delayed Form 10-Q reporting periods and the preparation of quarterly financial and related information.
The company's 8-K disclosures include unregistered sales of equity securities tied to non-qualified stock-option grants for executive officers, directors and employees. These records outline option terms, vesting schedules, exercise pricing, Securities Act exemption reliance, and related governance and compensation documentation.
Sparta Commercial Services, Inc. (SRCO) reported a quarterly 10-Q showing strained liquidity and significant financing activity. The filing discloses a working capital deficit of $9,960,973 and cash and revenue levels that are insufficient to cover operating expenses for the next twelve months, which raises substantial doubt about the company’s ability to continue as a going concern. The balance sheet excerpts show total assets and liabilities line items including common shares outstanding of 41,502,464 as of July 31, 2025, and prior-period comparatives. Notes payable aggregate and current notes figures are disclosed (e.g., $7,973,762 current notes payable) and convertible/non-convertible notes totaling several million dollars. The company issued common stock, warrants and options in various equity transactions and recorded derivative liabilities using Black‑Scholes assumptions including 199% expected volatility. The report also notes significant related-party loans and subsequent issuances of shares for consulting and accredited investor financings.
Sparta Commercial Services, Inc. (SRCO) reported a quarterly 10-Q showing strained liquidity and significant financing activity. The filing discloses a working capital deficit of $9,960,973 and cash and revenue levels that are insufficient to cover operating expenses for the next twelve months, which raises substantial doubt about the company’s ability to continue as a going concern. The balance sheet excerpts show total assets and liabilities line items including common shares outstanding of 41,502,464 as of July 31, 2025, and prior-period comparatives. Notes payable aggregate and current notes figures are disclosed (e.g., $7,973,762 current notes payable) and convertible/non-convertible notes totaling several million dollars. The company issued common stock, warrants and options in various equity transactions and recorded derivative liabilities using Black‑Scholes assumptions including 199% expected volatility. The report also notes significant related-party loans and subsequent issuances of shares for consulting and accredited investor financings.