APPlife Digital Solutions Files 10-Q for Q2 2024

TL;DR

APPlife Digital Solutions filed their 10-Q for the quarter ending 12/31/24. Check financials.

AI Summary

APPlife Digital Solutions Inc. filed its 10-Q for the period ending December 31, 2024. The company, incorporated in Nevada and headquartered in San Francisco, CA, operates in computer processing and data preparation services. This filing covers the second quarter of their fiscal year, which ends on June 30th.

Why It Matters

This filing provides investors with an update on APPlife Digital Solutions' financial performance and operational status for the second quarter of their fiscal year.

Risk Assessment

Risk Level: low — This is a standard quarterly filing with no immediate red flags or significant new information presented in the provided snippet.

Key Players & Entities

• APPlife Digital Solutions Inc. (company) — Filer of the 10-Q
• 2024-12-31 (date) — End of reporting period
• 2025-02-13 (date) — Filing date
• San Francisco, CA (location) — Company headquarters

FAQ

Filing Documents

• alds-20241231.htm (10-Q) — 531KB
• alds_ex31z1.htm (EX-31.1) — 7KB
• alds_ex31z2.htm (EX-31.2) — 7KB
• alds_ex32z1.htm (EX-32.1) — 5KB
• alds10q_1.jpg (GRAPHIC) — 3KB
• 0001096906-25-000156.txt ( ) — 3129KB
• alds-20241231_cal.xml (EX-101.CAL) — 21KB
• alds-20241231_def.xml (EX-101.DEF) — 80KB
• alds-20241231_lab.xml (EX-101.LAB) — 181KB
• alds-20241231_pre.xml (EX-101.PRE) — 158KB
• alds-20241231.xsd (EX-101.SCH) — 45KB
• alds-20241231_htm.xml (XML) — 427KB

- FINANCIAL INFORMATION

PART I - FINANCIAL INFORMATION 1

UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

ITEM 1. UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 1

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 16

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 22

CONTROLS AND PROCEDURES

ITEM 4. CONTROLS AND PROCEDURES 22

- OTHER INFORMATION

PART II - OTHER INFORMATION 23

LEGAL PROCEEDINGS

ITEM 1. LEGAL PROCEEDINGS. 23

RISK FACTORS

ITEM 1A. RISK FACTORS. 23

UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS. 23

DEFAULTS UPON SENIOR SECURITIES

ITEM 3. DEFAULTS UPON SENIOR SECURITIES. 23

MINE SAFETY DISCLOSURES

ITEM 4. MINE SAFETY DISCLOSURES. 23

OTHER INFORMATION

ITEM 5. OTHER INFORMATION. 23

EXHIBITS

ITEM 6. EXHIBITS 23 Special Note Regarding Forward-Looking Statements Information included in this Form 10-Q contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended ("Exchange Act"). This information may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of APPlife Digital Solutions, Inc. (the "Company"), to be materially different from future results, performance or achievements expressed or implied by any forward-looking statements. Forward-looking statements, which involve assumptions and describe future plans, strategies and expectations of the Company, are generally identifiable by use of the words "may," "will," "should," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. These forward-looking statements are based on assumptions that may be incorrect, and there can be no assurance that these projections included in these forward-looking statements will come to pass. Actual results of the Company could differ materially from those expressed or implied by the forward-looking statements as a result of various factors. Except as required by applicable laws, the Company has no obligation to update publicly any forward-looking statements for any reason, even if new information becomes available or other events occur in the future. *Please note that throughout this Quarterly Report, except as otherwise indicated by the context, references in this report to "Company", "ALDS", "we", "us" and "our" are references to APPlife Digital Solutions, Inc. APPLIFE DIGITAL SOLUTIONS, INC. UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS December 31, 2024 June 30, 2024 (Audited) ASSETS Current assets Cash $ 49,296 $ 22,894 P

View Full Filing

View this 10-Q filing on SEC EDGAR