Maple Tree Kids, Inc.

CIK:0001590496|SEC Filings

Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Total Sales	$ 28,454		$ 28,454
Total Cost of Goods Sold	19,733		19,733
Gross profit	8,721		8,721
Operating expenses	2,480,668	3,312,943	5,357,136	6,392,427
LOSS FROM OPERATIONS	(2,471,947)	(3,312,943)	(5,348,415)	(6,392,427)
NON - OPERATING INCOME (LOSS)
Foreign currency exchange (income) loss	51,465	(1,268,040)	14,273	(1,318,654)
Other income	21,305	2,118	59,521	5,159
Interest expense	(256,719)	(267,341)	(512,542)	(534,570)
Change in SAFE liabilities	(230,000)	(160,000)	(110,000)	(210,000)
Loss from deconsolidation of subsidiaries			(393,452)	(234,454)
Gain on remeasurement of retained investment upon deconsolidation			8,332,715
Gain from long-term investment	508,775		419,648
Other (loss) income, net	(48,923)	90	(97,485)	98
Net non - operating income (loss)	45,903	(1,693,173)	7,712,678	(2,292,421)
(LOSS) INCOME BEFORE INCOME TAXES	(2,426,044)	(5,006,116)	2,364,263	(8,684,848)
INCOME TAX EXPENSE	2,400	2,400	2,400	2,400
NET (LOSS) INCOME	(2,428,444)	(5,008,516)	2,361,863	(8,687,248)
OTHER COMPREHENSIVE (LOSS) INCOME
Change in foreign currency translation adjustments	100,315	1,308,972	811,515	758,943
TOTAL COMPREHENSIVE (LOSS) INCOME	$ (2,328,129)	$ (3,699,544)	$ 3,173,378	$ (7,928,305)
NET (LOSS) INCOME PER COMMON SHARE:
Basic	$ (0.12)	$ (0.26)	$ 0.12	$ (0.45)
Diluted	$ (0.12)	$ (0.26)	$ 0.1	$ (0.45)
Weighted Average Shares Outstanding – Basic	19,653,886	19,638,849	19,653,886	19,127,197
Weighted Average Shares Outstanding – Diluted	19,653,886	19,638,849	23,516,086	19,127,197
Sales
Total Sales	$ 28,454		$ 28,454
Cost of goods sold
Total Cost of Goods Sold	$ 19,733		$ 19,733

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income	$ 2,361,863	$ (8,687,248)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization	1,125,244	1,136,272
Amortization of right of use assets	114,136	60,222
Stock-based compensation	222,942	1,197,263
Loss from disposal equipment	403
Change in fair value of SAFE liabilities	110,000	210,000
Loss from deconsolidation of subsidiaries	393,452	234,454
Gain on remeasurement of retained investment upon deconsolidation	(8,332,715)
Gain from long-term investment	(419,648)
Change in operating assets and liabilities:
Inventories	19,733
Prepaid expenses	31,230	(41,196)
Other receivable	(74,116)	(50,186)
Other current assets	622	(2,336)
Deposits		(9,495)
Accounts payable		(300,000)
Accrued expenses	2,179,641	1,483,250
Prepayment from customer – related party		36,300
Other payable	2,224,693	939,378
Other payable, related parties	24,209	134,941
Operating lease liability	(114,136)	(15,594)
Net cash used in operating activities	(132,447)	(3,673,975)
CASH FLOWS FROM INVESTING ACTIVITIES:
Disbursement for other receivable-related parties loans	(140,347)	(88,903)
Proceeds from other receivable-related parties loans		203,284
Cash outflow from disposal of subsidiaries	(8,284)	(2,738)
Purchase of property and equipment	(985)
Net cash (used in) provided by investing activities	(149,616)	111,643
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayment of short-term loan	(140,602)	(221,991)
Proceeds from short-term loan	347,430	985,004
Proceeds from SAFE notes		1,500,000
Net cash provided by financing activities	206,828	2,263,013
Net Decrease in Cash and Restricted Cash	(75,235)	(1,299,319)
CASH AND RESTRICTED CASH, beginning of Period	72,579	109,227
Foreign Currency Translation Effect on Cash and Restricted Cash	103,463	1,320,561
CASH AND RESTRICTED CASH, end of Period	100,807	130,469
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash	83,513	115,216
Restricted cash	17,294	15,253
Total	100,807	130,469
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the period for income taxes	2,400	2,400
Cash paid during the period for interest	37,560	459
NON-CASH OPERATING, INVESTING AND FINANCING ACTIVITIES:
Issuance of common stock		527,783
Cashless exercise of stock options		$ 1,177