$ALDS

APPlife Digital Solutions Inc

CIK:0001755101|SEC Filings

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	6 Months Ended	12 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	Jun. 30, 2025	Jun. 30, 2026
Details {2}
Revenue	$ 315,130	$ 2,297,200
Cost of goods sold	(270,891)	(1,796,910)
Gross profit	44,239	500,290
Operating expenses	246,137	2,181,141
Impairment of goodwill	0	2,697,728
Total operating expenses	246,137	4,878,869
Loss from operations	(201,898)	(4,378,579)
Other income (expense)
Finance expense	(803,589)	(532,115)
Amortization of debt discounts	0	(707,755)
Change in fair value of Derivative Liability	0	967,333
Gain (loss) on extinguishment of debt	7,724	(12,013)
Loss on Disposal of Fixed Asset	0	(1,000)
Gain on sale	0	8,200
Other Expense	0	(17,621)
Total Other Expenses	(795,865)	(294,971)
Net loss before provision for income taxes	(997,763)	(4,673,550)
Provision for income taxes	0	0
Net Income (Loss) Attributable to Parent	$ (997,763)	$ (4,673,550)
Weighted-average common shares outstanding	8,000,000	8,043,334
Loss per share	$ (0.12)	$ (0.58)

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	Jun. 30, 2026	Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income (Loss) Attributable to Parent	$ (4,673,550)	$ (997,763)
Adjustments to reconcile net loss to net cash used in operating activities
Finance expense	532,115	803,589
Impairment of goodwill	2,697,728	0
Amortization of debt discounts	707,755	0
Professional fees incurred on convertible promissory notes	40,810	0
Common and preferred stock issued for services	269,265	0
Change in fair value	(967,333)	0
Loss on extinguishment of debt	12,013	(7,724)
Loss on disposal of fixed asset	1,000	0
Changes in operating assets and liabilities
Prepaid expenses and other assets	(40,500)	0
Inventories	18	0
Accounts payable and accrued expenses	277,023	41,934
Accounts payable and accrued expenses - related parties	436,237	0
Other liabilities	(45,573)	0
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	(752,992)	(159,964)
CASH FLOWS FROM INVESTING ACTIVITIES
Cash paid to purchase AP4L	0	(35,000)
Purchase consideration - Applife Digital Solutions	0	(150,000)
Net cash (used) in investing activities	0	(185,000)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from promissory notes	0	600,000
Payments on other liabilities	0	(143,639)
Proceeds from related party advances	27,500	0
Proceeds from promissory notes - related parties	20,000	0
Proceeds from promissory notes - non-related parties	50,000	0
Proceeds from convertible promissory notes	565,820	0
Net cash provided from financing activities	663,320	456,361
Net (decrease) increase in cash and cash equivalents	(89,672)	111,397
Cash and cash equivalents, beginning of period	111,397	0
Cash and cash equivalents, end of period	21,725	111,397
Supplemental disclosure of cash flow information
Cash paid for interest	0	0
Cash paid for taxes	0	0
Non-cash financing activities
Acquisition of AP4L	0	2,696,018
Issuance of Series B Preferred Stock to settle debt	0	845,000
Effect of reverse capitalization	0	624,015
Conversion of convertible debt into Preferred Series D	0	810,000
Issuance of warrants with convertible debt	0	802,589
Derivative liability converted to additional paid in capital	8,517	0
Reclassification of related party advances to convertible promissory notes - related parties	47,500	0
Shares issued in conversion of convertible notes payable	55,588	0
Derivative liabilities recorded as debt discount on convertible promissory notes	$ 728,842	$ 0

CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2026	Jun. 30, 2025
Current assets
Cash	$ 21,725	$ 111,397
Inventory	5,117	5,135
Prepaid expenses	40,000	0
Operating lease and right of use asset	1,485	18,201
Total current assets	68,327	134,733
Other assets	500	0
Goodwill	0	2,696,018
Furniture and equipment	0	1,000
Domain list	1,000	1,000
Total assets	69,827	2,832,751
Current liabilities
Accounts payable and accrued expenses	379,107	40,513
Accounts payable and accrued expenses - related parties	444,938	0
Operating lease liability	1,485	18,201
Due to Applife Holdings	150,000	150,000
Derivative liabilities	665,017	802,589
Promissory notes - non-related parties	39,750	0
Promissory notes - related parties	38,901	0
Convertible promissory notes, net of discounts	726,100	0
Other liabilities	1,635,651	1,679,514
Total current liabilities	4,080,949	2,690,817
Total liabilities	5,327,870	3,644,529
Stockholders' deficit
Common Stock of $0.001 par value - Authorized: 20,000,000 and 5,000,000,000 shares as of June 30, 2026 and 2025, Issued and outstanding: 8,202,083 and 8,000,000 shares as of June 30, 2026 and 2025	8,202	8,000
Additional paid-in capital	3,029,082	2,801,999
Accumulated (deficit)	(8,295,331)	(3,621,781)
Total stockholders' deficit	(5,258,043)	(811,778)
Total liabilities and stockholders' deficit	69,827	2,832,751
Commitments and contingencies	0	0
Series B Preferred Stock
Current liabilities
Convertible preferred stock liability - Series B preferred stock, $0.001 par value per share, 20,000 shares authorized and 14,515 and 12,855 shares issued and outstanding as of June 30, 2026 and 2025, respectively; stated value of $1,451,500 and $1,285,500 as of June 30, 2026 and 2025	1,246,921	953,712
Series C Preferred Stock
Stockholders' deficit
Preferred shares	3	3
Total stockholders' deficit	3	3
Series D Preferred Stock
Stockholders' deficit
Preferred shares	1	1
Total stockholders' deficit	$ 1	$ 1