$APHP

American Picture House Corp

CIK:0001771995|SEC Filings

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Income Statement [Abstract]
Revenues			$ 1,220
Cost of revenues
Gross profit			1,220
Operating Expenses:
General and administrative	56,481	750,406	169,137	1,225,863
Research and development
Sales and marketing	2,204	1,369	3,786	1,830
Total Operating Expenses	58,685	751,775	172,923	1,227,693
Net Operating Loss	(58,685)	(751,775)	(171,703)	(1,227,693)
Other Income (Expenses):
Interest income		44		44
Interest expense	(12,773)	(8,897)	(70,994)	(21,816)
Net Other Income (Expenses)	(12,773)	(8,853)	(70,994)	(21,772)
Loss before income taxes	(71,458)	(760,628)	(242,697)	(1,249,465)
Income taxes
Net loss	$ (71,458)	$ (760,628)	$ (242,697)	$ (1,249,465)
Net loss per common share - Basic	$ (0.00)	$ (0.01)	$ (0.00)	$ (0.01)
Net loss per common share - Diluted	$ (0.00)	$ (0.01)	$ (0.00)	$ (0.01)
Weighted average shares used in per share computation - Basic	113,563,498	112,421,303	113,662,712	112,410,314
Weighted average shares used in per share computation - Diluted	113,563,498	112,421,303	113,662,712	112,410,314

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash Flows from Operating Activities:
Net Income (Loss)	$ (242,697)	$ (1,249,465)
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from Operating Activities:
Reserve for uncollectible receivable		196,200
Expiration of produced and licensed costs		150,834
Stock option expense		306,030
Commons stock issued for services		110,000
Preferred stock redeemed in exchange for assets		(42,642)
Note payable converted to equity	(5,754)
Financing costs paid in shares of common stock	23,504
Amortization expense	11,667	11,667
Change in operating assets and liabilities:
Accounts receivable	1,028,184	29,674
Prepaid expenses	21,694	(14,767)
Receivables - related party		4,086
Loans receivable, film financing arrangements
Produced and licensed costs	(875,000)	(1,200)
Cash overdraft	767	(21)
Accounts payable and accrued expenses	(6,035)	248,453
Interest payable - related parties	(6,654)	10,523
Interest payable - EIDL loan	(866)	(4,144)
Deferred revenue
Net Cash Flows from Operating Activities	(51,190)	(244,772)
Cash Flows from Investing Activities:
Intangible assets
Net Cash Flows from Investing Activities
Cash Flows from Financing Activities:
Proceeds from issuance of note payable
Proceeds from debt borrowings - related parties	2,626	259,906
Repayment of debt borrowings - related parties	(130,310)	(15,080)
Proceeds from commercial line of credit		1,050
Repayments on commercial line of credit
Proceeds from note payable	203,750
Repayment of note payable	(25,000)
Proceeds from sale of Common Stock
Net Cash Flows from Financing Activities	51,066	245,876
Net Increase in Cash and Cash Equivalents	(124)	1,104
Cash and Cash Equivalents, Beginning of Period	124
Cash and Cash Equivalents, End of Period		1,104
Non-cash Financing and Investing Activities:
Notes payable converted to Common Stock	5,754
Financing costs paid in Common Stock	$ 23,504

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current Assets
Cash and cash equivalents		$ 124
Accounts receivable	121,816	1,150,000
Prepaid expenses	6,681	28,375
Total Current Assets	128,497	1,178,499
Produced and licensed content costs	1,175,000	300,000
Loans receivable, film financing arrangements
Intangible assets, net of accumulated amortization of $54,250 and $42,583 as of June 30, 2026 and December 31, 2025, respectively.	15,750	27,417
TOTAL ASSETS	1,319,247	1,505,916
Current Liabilities
Cash overdraft	767
Accounts payable and accrued expenses	649,128	655,163
Deferred revenue, current portion	50,000	50,000
Interest payable - related party	35,546	42,200
Interest payable - EIDL loan	5,220	6,086
Commercial Line of Credit	97,905	97,905
Total Current Liabilities	1,646,087	1,613,563
Economic injury disaster loan, non-current	149,900	149,900
Total Liabilities	1,795,987	1,763,463
Stockholders’ Equity (Deficit):
Common Stock $0.0001 par value. 1,000,000,000 authorized. 113,761,925 and 113,399,325 issued and outstanding as of June 30, 2026 and December 31, 2025, respectively.	11,376	11,340
Preferred Stock $0.0001 par value. 1,000,000 authorized. 3,839 issued and outstanding as of June 30, 2026 and December 31, 2025, respectively.
Additional paid in capital	7,580,975	7,557,507
Accumulated deficit	(8,069,091)	(7,826,394)
Total Stockholders’ Equity (Deficit)	(476,740)	(257,547)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)	1,319,247	1,505,916
Related Party [Member]
Current Assets
Receivable - related party
Current Liabilities
Note payable	519,525	647,209
Nonrelated Party [Member]
Current Liabilities
Note payable	$ 287,996	$ 115,000