Quarterly ResultMay 13, 2026, 04:08 PM
GHST World Reports Q3 Net Loss of $25,587; Going Concern Doubt
AI Summary
GHST World Inc. reported a net loss of $25,587 for the three months ended March 31, 2026, with no revenue, and a net loss of $75,740 for the nine-month period. The company continues to face significant liquidity challenges, with management expressing substantial doubt about its ability to continue as a going concern. A preliminary agreement with a customer was terminated post-period, resulting in a $34,109 forfeited deposit.
Key Highlights
- Net loss for Q3 2026 was $25,587, compared to $31,532 in Q3 2025.
- Net loss for the nine months ended March 31, 2026, was $75,740, down from $89,963 in the prior year.
- Revenue for Q3 2026 was $0, a decrease from $4,755 in Q3 2025.
- Total revenue for the nine months ended March 31, 2026, was $13,852, down from $55,359 in 2025.
- Cash balance as of March 31, 2026, was $968, down from $2,518 at June 30, 2025.
- Stockholders' deficit increased to $566,862 as of March 31, 2026, from $491,122 at June 30, 2025.
- Management requires at least $250,000 in additional capital for the next 12 months.
- A customer agreement was terminated on April 9, 2026, forfeiting a $34,109 deposit.