$SPQS
SportsQuest, Inc.
CIK:0000803097|SEC Filings
STATEMENTS OF OPERATIONS (Unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Operating revenue: | ||||
| Revenue | $ 0 | $ 0 | $ 0 | $ 0 |
| Total revenue | 0 | 0 | 0 | 0 |
| Operating expenses: | ||||
| Bank Charges | 190 | 142 | 476 | 385 |
| Administrative Expenses | 10,438 | 12,668 | 17,818 | 29,459 |
| Consulting Services | 20,737 | 12,150 | 37,829 | 22,647 |
| Interest Expense | 3,189 | 4,544 | 6,135 | 9,155 |
| Total operating expenses | 34,554 | 29,504 | 62,258 | 61,646 |
| Loss from operations | (34,554) | (29,504) | (62,258) | (61,646) |
| Other Income (expenses) | ||||
| Gain/(Loss) from settlement/debt extinguishment | 0 | (31,500) | 0 | (31,500) |
| Total other income/(expense) | 0 | (31,500) | 0 | (31,500) |
| Net Loss | $ (34,554) | $ (61,004) | $ (62,258) | $ (93,146) |
STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
Dec. 31, 2025 |
|
| Cash flows from operating activities: | |||||
| Net loss from continuing operations attributable to common stockholders | $ (34,554) | $ (61,004) | $ (62,258) | $ (93,146) | $ (121,640) |
| Adjustments to reconcile net loss to net cash used in operating activities: | |||||
| Preferred stock issued for services | 0 | 0 | |||
| Changes in: | |||||
| Accrued Interest and Payables | 6,136 | 9,155 | |||
| Net cash used in operating activities | (56,122) | (83,990) | |||
| Cash flows from investing activities | |||||
| Net cash used in investing activities | 0 | 0 | |||
| Cash flows from financing activities | |||||
| Convertible note payable | 70,998 | 47,469 | |||
| Common share | 35,000 | ||||
| Net cash provided by financing activities | 70,998 | 82,469 | |||
| Net increase in cash | 14,876 | (1,521) | |||
| Cash, beginning of period | 259 | 3,191 | 3,191 | ||
| Cash, end of period | $ 15,135 | $ 1,670 | $ 15,135 | $ 1,670 | $ 259 |
BALANCE SHEETS - USD ($) |
Jun. 30, 2026 |
Dec. 31, 2025 |
|---|---|---|
| Current Assets | ||
| Cash and Bank | $ 15,135 | $ 259 |
| Total current assets | 15,135 | 259 |
| TOTAL ASSETS | 15,135 | 259 |
| Current Liabilities | ||
| Convertible notes payable | 390,202 | 319,204 |
| Accrued Interest Payable | 147,196 | 141,060 |
| Total current liabilities | 537,398 | 460,264 |
| Total other liabilities | 0 | 0 |
| TOTAL LIABILITIES | 537,398 | 460,264 |
| Stockholders' Equity | ||
| Common stock, par value $0.0001 - authorized 5,000,000,000 shares 4,024,163,151 and 3,674,163,151 shares issued and outstanding as of June 30, 2026 and December 31, 2025 respectively | 402,416 | 402,416 |
| Additional paid-in-capital | 2,613,288 | 2,613,288 |
| Accumulated deficit | (3,540,167) | (3,477,909) |
| TOTAL STOCKHOLDERS' EQUITY | (522,263) | (460,005) |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | 15,135 | 259 |
| Series A Preferred Stock [Member] | ||
| Stockholders' Equity | ||
| Preferred Stock, Value, Issued | 1,200 | 1,200 |
| Series B Preferred Stock [Member] | ||
| Stockholders' Equity | ||
| Preferred Stock, Value, Issued | $ 1,000 | $ 1,000 |