ClarificationMay 7, 2026, 03:31 PM
Superstar Platforms Amends 10-K: No 2025 Revenue, Corrects Balances
AI Summary
Superstar Platforms Inc. filed an Amendment No. 1 to its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The amendment primarily corrects the Results of Operations disclosure to reflect zero revenue for 2025, instead of the previously stated $307,068. It also corrects transposed labels for Interest Receivable and Loans Receivable on the balance sheet and removes erroneous 2023 references from index titles. The company reported a net loss of $(335,366) for 2025 and faces substantial doubt about its ability to continue as a going concern.
Key Highlights
- Corrected 2025 revenue to $0 from previously stated $307,068 in original 10-K.
- Corrected transposed labels for Interest Receivable and Loans Receivable on balance sheet.
- Removed inadvertent 2023 references from financial statement index titles.
- Reported a net loss of $(335,366) for the year ended December 31, 2025.
- Operating expenses increased to $(541,211) in 2025 from $(164,014) in 2024.
- Accumulated deficit of $(1,835,034) as of December 31, 2025.
- Total assets were $2,817,823 and notes payable $2,674,670 as of December 31, 2025.
- Auditor expressed substantial doubt about the company's ability to continue as a going concern.