Tue, May 27, 9:14 PM (47 days ago)
**Apex 11 Inc. (APEX11) Q1 2025 Financial Summary** **Financial Health:** - **Cash Position:** No cash or cash equivalents reported. - **Liabilities:** Increased to $9,230 (up from $2,255) due to a controlling stockholder payable of $7,375. - **Stockholders' Deficiency:** Increased to $(8,822) from $(1,837). **Performance Metrics:** - **Revenue:** $0 for Q1 2025 and Q1 2024. - **Net Loss:** $6,985 for Q1 2025, down from $9,089 in Q1 2024. - **Operating Expenses:** General and administrative expenses decreased to $6,985 from $9,089. **Cash Flow:** - **Operating Activities:** No cash flow reported. - **Investing/Financing Activities:** No cash flow reported. **Earnings Changes:** - **Loss per Share:** $(0.00) for both periods due to the large number of shares outstanding. **Trends & Uncertainties:** - **Going Concern:** Significant doubt due to lack of revenue and dependence on stockholder funding. - **Future Operations:** Plans to acquire assets or shares of an operating business to generate revenue. **Impact of Inflation:** Negligible effect on operations. **Future Outlook:** - **Funding:** Needs additional equity/debt financing to continue operations. - **Strategy:** Seeking mergers/acquisitions to generate revenue and become profitable. **Controls & Procedures:** Ineffective disclosure controls noted, with no material changes in internal controls. **Legal & Other:** No legal proceedings, defaults, or unregistered sales of equity securities reported. **Ticker:** APEX11 **Note:** Amounts are in thousands ($000s).