Apple iSports Group Files Q3 2024 10-Q
Ticker: AAPI · Form: 10-Q · Filed: Dec 27, 2024 · CIK: 1134982
Sentiment: neutral
Topics: 10-Q, quarterly-report, insurance
TL;DR
**Apple iSports Group (PVNC) filed its Q3 2024 10-Q. Check financials.**
AI Summary
Apple iSports Group, Inc. filed a 10-Q for the period ending September 30, 2024. The company, formerly known as Prevention Insurance Com, is incorporated in Nevada and based in Irvine, California. Key financial details and business activities for the third quarter of 2024 are presented in this filing.
Why It Matters
This filing provides investors with an update on Apple iSports Group's financial performance and operational status for the third quarter of 2024, crucial for understanding the company's current health and future prospects.
Risk Assessment
Risk Level: medium — The filing is a standard quarterly report, but the company's specific financial performance and market position are not detailed enough in the provided snippet to definitively assess risk.
Key Numbers
- $500,000,000 — Maximum Debt (Indicates potential borrowing capacity or outstanding debt ceiling.)
- $50,000,000 — Maximum Equity (Suggests the authorized or issued share capital value.)
Key Players & Entities
- Apple iSports Group, Inc. (company) — Filer of the 10-Q
- Prevention Insurance Com (company) — Former company name
- Irvine, CA (location) — Business address city and state
- NV (location) — State of incorporation
- 20240930 (date) — Conformed period of report
FAQ
What were the key financial results for Apple iSports Group in Q3 2024?
The provided snippet does not contain specific financial results for Q3 2024, only the reporting period end date of 20240930.
When was Apple iSports Group incorporated?
The company is incorporated in Nevada (NV).
What is the business address of Apple iSports Group?
The business address is 100 Spectrum Center Drive, Suite 900, Irvine, CA 920618.
What were the previous names of Apple iSports Group?
The company was formerly known as Prevention Insurance Com and Prevention Insurance Com Inc.
What is the Standard Industrial Classification (SIC) code for Apple iSports Group?
The SIC code is 6411, which corresponds to INSURANCE AGENTS BROKERS & SERVICES.
Filing Stats: 4,484 words · 18 min read · ~15 pages · Grade level 15.4 · Accepted 2024-12-27 17:28:31
Key Financial Figures
- $0.0001 — ere 208,484,211 shares of common stock, $0.0001 par value per share, outstanding. TABL
Filing Documents
- pvnc_10q.htm (10-Q) — 648KB
- pvnc_ex311.htm (EX-31.1) — 10KB
- pvnc_ex312.htm (EX-31.2) — 10KB
- pvnc_ex321.htm (EX-32.1) — 4KB
- pvnc_10qimg1.jpg (GRAPHIC) — 14KB
- 0001477932-24-008353.txt ( ) — 2799KB
- pvnc-20240930.xsd (EX-101.SCH) — 26KB
- pvnc-20240930_lab.xml (EX-101.LAB) — 160KB
- pvnc-20240930_cal.xml (EX-101.CAL) — 36KB
- pvnc-20240930_pre.xml (EX-101.PRE) — 138KB
- pvnc-20240930_def.xml (EX-101.DEF) — 67KB
- pvnc_10q_htm.xml (XML) — 339KB
– FINANCIAL INFORMATION
PART I – FINANCIAL INFORMATION Item 1.
Financial Statements
Financial Statements 3 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 4 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 8 Item 4.
Controls and Procedures
Controls and Procedures 9
– OTHER INFORMATION
PART II – OTHER INFORMATION
SIGNATURES
SIGNATURES 11 2 Table of Contents Part I
Financial Statements
Item 1. Financial Statements. APPLE iSPORTS GROUP, INC. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2024 AND 2023 (UNAUDITED) APPLE iSPORTS GROUP, INC. INDEX TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Condensed Consolidated Balance Sheets as of September 30, 2024 and December 31, 2023 F-1 Condensed Consolidated Statements of Comprehensive Loss for the three and nine months ended September 30, 2024 and 2023 F-2 Condensed Consolidated Statements of Stockholders' Deficit for the nine months ended September 30, 2024 and 2023 F-3 Condensed Consolidated Statements of Cash Flows for the nine months ended September 30, 2024 and 2023 F-4 Notes to Condensed Consolidated Financial Statements F-5 3 Table of Contents APPLE iSPORTS GROUP, INC. CONDENSED CONSOLIDATED BALANCE SHEETS SEPTEMBER 30, 2024 (UNAUDITED) AND DECEMBER 31, 2023 (AUDITED) September 30, December 31, 2024 2023 Assets Current assets: Cash and cash equivalents $ 6,866 $ 673 Goods and service tax receivable 39,268 61,798 Marketable security 100 100 Prepaid and other assets 23,039 6,812 Total current assets 69,273 69,383 Deposits 41,513 - Convertible notes receivable 80,000 - Accrued interest income 1,990 - Total assets $ 192,776 $ 69,383 Liabilities and Stockholders' Deficit Current liabilities: Accounts payable and accrued expenses $ 2,308,740 $ 2,464,558 Due to related party 4,999 4,999 Loans payable - related parties 3,390,044 2,720,549 Accrued interest - related parties 142,890 77,964 Accrued payroll 347,406 108,487 Total current liabilities 6,194,079 5,376,557 Total liabilities 6,194,079 5,376,557 Commitments and contingencies Stockholders' deficit: Common stock, $ 0.0001 par value, 500,000,000 shares authorized, 208,484,211 and 202,784,211 shares issued and outstanding as of September 30, 2024 and December 31, 2023 20,848