Quarterly ResultJun 2, 2026, 11:26 AM
Stark Focus Group Reports $0 Revenue, Net Loss of $42,124 for FY2025
AI Summary
Stark Focus Group, Inc. (SKFG) filed its 10-K report for the fiscal year ended December 31, 2025. The company reported zero revenues for both 2025 and 2024. The net loss for 2025 was $42,124, an improvement from $47,225 in 2024, primarily due to reduced general and administrative expenses. However, total liabilities increased to $182,812 and the company maintains a stockholders' deficit of $182,812, with no cash on hand. The company's auditor issued a going concern warning due to these financial conditions.
Key Highlights
- Stark Focus Group reported $0 in revenues for the years ended December 31, 2025 and 2024.
- Net loss for the year ended December 31, 2025 was $42,124, a decrease from $47,225 in 2024.
- General and administrative expenses decreased to $34,659 in 2025 from $43,158 in 2024.
- Net cash used in operating activities was $27,113 in 2025, compared to $40,758 in 2024.
- Total liabilities increased to $182,812 as of December 31, 2025, from $140,688 as of December 31, 2024.
- Stockholders' deficit was $182,812 as of December 31, 2025, compared to $140,688 as of December 31, 2024.
- Cash and cash equivalents were $0 as of December 31, 2025 and 2024.
- The company has a working capital deficiency of $81,794 as of December 31, 2025.
Price Impact