BMP AI Tech Plunges to Loss Amid Zero Revenue, Going Concern Doubt

TL;DR

**BMPA is a speculative bet with no revenue, mounting losses, and a going concern warning; stay away unless you're a high-risk gambler.**

AI Summary

BMP AI Technologies Inc. reported a net loss of $89,134 for the three months ended September 30, 2025, a significant decline from the net income of $2,070,004 reported in the same period of 2024. For the nine months ended September 30, 2025, the company posted a net loss of $243,801, contrasting sharply with a net income of $1,302,773 in the prior year. Revenue remained at $0 for both periods, indicating no operational sales. Operating expenses increased substantially, with general and administrative expenses rising from $9,430 to $51,979 for the three-month period and from $21,140 to $161,600 for the nine-month period year-over-year. Professional fees also saw a notable increase from $8,075 to $33,141 for the quarter. The company's accumulated deficit grew to $4,209,158 as of September 30, 2025, up from $3,965,357 at December 31, 2024. A key business change involved the unwinding of a previous asset purchase agreement and the subsequent acquisition of "Multidoc AI" technology from Mr. Frank Gomez and Grupo FG SAS in exchange for 9,000,000 restricted shares of Series A Preferred Stock, giving Mr. Gomez voting control. The company explicitly states a substantial doubt about its ability to continue as a going concern due to recurring losses and dependence on external funding.

Why It Matters

This filing reveals BMP AI Technologies Inc. is in a precarious financial state, operating with zero revenue and accumulating significant losses, which raises substantial doubt about its ability to continue as a going concern. For investors, this signals extreme risk, as the company is entirely dependent on external financing without any clear path to profitability. Employees face job insecurity given the company's financial instability. Customers, if any, might question the long-term viability of the 'Multidoc AI' technology. In the broader AI market, this highlights the challenges smaller, pre-revenue companies face in securing sustainable funding and achieving commercialization, especially against well-capitalized competitors.

Risk Assessment

Risk Level: high — The company explicitly states, "During the nine months ended September 30, 2025, the Company incurred net loss from operations of $243,801 and accumulated deficits of $4,209,158. These conditions raise substantial doubt about the Company's ability to continue as a going concern." Furthermore, BMP AI Technologies Inc. reported $0 in revenue for both the three and nine months ended September 30, 2025, indicating no operational income to offset its increasing operating expenses, which reached $228,241 for the nine-month period.

Analyst Insight

Investors should avoid BMP AI Technologies Inc. given its zero revenue, substantial net losses, and explicit going concern warning. The company's reliance on future financing without firm agreements presents an unacceptably high risk profile. Focus on established AI companies with proven revenue streams and clear paths to profitability.

Financial Highlights

debt To Equity

N/A

revenue

$0

operating Margin

N/A

total Assets

$50,000

total Debt

$786,964

net Income

$(89,134)

eps

N/A

gross Margin

N/A

cash Position

$0

revenue Growth

0.0%

Revenue Breakdown

Key Numbers

• $0 — Revenue (for the three and nine months ended September 30, 2025, indicating no sales)
• $(89,134) — Net Loss (for the three months ended September 30, 2025, a significant decline from $2,070,004 net income in 2024)
• $(243,801) — Net Loss (for the nine months ended September 30, 2025, compared to $1,302,773 net income in 2024)
• $4,209,158 — Accumulated Deficit (as of September 30, 2025, up from $3,965,357 at December 31, 2024)
• $228,241 — Total Operating Expenses (for the nine months ended September 30, 2025, a substantial increase from $57,260 in 2024)
• 51,783,583 — Common Shares Outstanding (as of November 12, 2025, significantly up from 200,183 at December 31, 2024)
• 9,000,000 — Series A Preferred Stock Shares (issued to Mr. Frank Gomez for the acquisition of Multidoc AI, granting voting control)

Key Players & Entities

• BMP AI Technologies Inc. (company) — registrant of the 10-Q filing
• Mr. Henry Chang Manayan (person) — former sole-officer and director of the Company
• Mr. Charandeep Gopishetty (person) — former President, CEO, Treasurer, CFO, and Director of the Company
• Mr. Frank Gomez (person) — current Sole-Officer and Director of the Company and seller of Multidoc AI
• Grupo FG SAS (company) — alter-ego of Mr. Gomez, holding Multidoc AI assets
• Multidoc AI (company) — artificial intelligence system acquired by BMP AI Technologies Inc.
• SEC (regulator) — Securities and Exchange Commission
• Nevada (company) — state of incorporation for BMP AI Technologies Inc.

FAQ

Risk Factors

• Going Concern Uncertainty [high — financial]: The company explicitly states substantial doubt about its ability to continue as a going concern due to recurring losses and dependence on external funding. The accumulated deficit grew to $4,209,158 as of September 30, 2025.
• Lack of Revenue Generation [high — operational]: Revenue remains at $0 for both the three and nine-month periods ended September 30, 2025, indicating no commercial sales activity. This lack of revenue is a primary driver of the company's net losses.
• Increasing Operating Expenses [medium — operational]: Operating expenses have increased substantially, with General and Administrative expenses rising from $9,430 to $51,979 for the quarter and from $21,140 to $161,600 for the nine-month period year-over-year. Professional fees also increased significantly.
• Dilution from Share Issuance [medium — financial]: 9,000,000 shares of Series A Preferred Stock were issued for the acquisition of 'Multidoc AI', significantly increasing the potential dilution for common shareholders. The number of common shares outstanding increased from 200,183 to 51,783,583.
• Control Transfer [medium — legal]: The acquisition of 'Multidoc AI' technology resulted in Mr. Frank Gomez gaining voting control of the company through the issuance of Series A Preferred Stock. This concentration of voting power could impact future strategic decisions.

Industry Context

BMP AI Technologies operates in the rapidly evolving Artificial Intelligence sector, which is characterized by intense competition, high research and development costs, and a constant need for innovation. Companies in this space often rely on significant external funding to scale operations and develop proprietary technology. The market is driven by advancements in machine learning, natural language processing, and data analytics, with potential applications across numerous industries.

Regulatory Implications

As a publicly traded company, BMP AI Technologies is subject to SEC regulations and reporting requirements. The company's current financial state, including the going concern warning and significant share issuances, may attract increased scrutiny from regulators. Compliance with disclosure rules and accounting standards is paramount to maintaining investor confidence.

What Investors Should Do

1. Monitor cash burn rate and future funding rounds.
2. Evaluate the strategic value of the 'Multidoc AI' acquisition.
3. Assess the impact of Mr. Gomez's voting control.
4. Review any future disclosures regarding operational progress or revenue generation.

Key Dates

• 2025-09-30: End of Q3 2025 — Reported a net loss of $89,134 and $0 revenue for the quarter. Accumulated deficit reached $4,209,158. Company stated going concern uncertainty.
• 2024-09-30: End of Q3 2024 — Reported net income of $2,070,004 for the quarter, a stark contrast to the current period's loss.
• 2025-12-31: End of Fiscal Year 2024 — Accumulated deficit was $3,965,357. Common shares outstanding were 200,183.
• 2025-01-01: Beginning of Fiscal Year 2025 — The company's financial trajectory shifted significantly towards losses and increased expenses.

Glossary

Accumulated Deficit

The total cumulative net losses of a company that have not been offset by net income. It represents a negative balance in retained earnings. (Indicates the company's long-term unprofitability and growing financial strain, reaching $4,209,158 as of September 30, 2025.)

Going Concern

A business's ability to continue operating for the foreseeable future without the threat of liquidation. Financial statements are prepared assuming the entity will continue as a going concern. (The company explicitly states substantial doubt about its ability to continue as a going concern, a critical warning for investors about its survival.)

Series A Preferred Stock

A class of preferred stock with specific rights and privileges, often issued in private placements or early-stage funding rounds. In this case, it was used for an acquisition and granted voting control. (9,000,000 shares were issued to Mr. Frank Gomez, giving him voting control and significantly impacting the company's ownership structure.)

Intangible Assets

Non-physical assets that have value, such as patents, copyrights, and goodwill. In this filing, it refers to the acquired 'Multidoc AI' technology. (The company recorded $50,000 in intangible assets related to the 'Multidoc AI' acquisition.)

Year-Over-Year Comparison

BMP AI Technologies has experienced a dramatic financial downturn compared to the prior year. For the three months ended September 30, 2025, the company reported a net loss of $89,134, a stark contrast to the $2,070,004 net income in the same period of 2024. Revenue remains at $0, indicating no sales growth. Operating expenses have surged, with General and Administrative costs increasing by over 450% year-over-year for the quarter. The company's accumulated deficit has also grown, and it now faces substantial doubt regarding its ability to continue as a going concern, a risk not explicitly highlighted in the same manner previously.

Filing Documents

• nbbi_10q.htm (10-Q) — 579KB
• nbbi_ex311.htm (EX-31.1) — 12KB
• nbbi_ex321.htm (EX-32.1) — 5KB
• 0001477932-25-008308.txt ( ) — 2583KB
• nbbi-20250930.xsd (EX-101.SCH) — 32KB
• nbbi-20250930_lab.xml (EX-101.LAB) — 162KB
• nbbi-20250930_cal.xml (EX-101.CAL) — 26KB
• nbbi-20250930_pre.xml (EX-101.PRE) — 129KB
• nbbi-20250930_def.xml (EX-101.DEF) — 82KB
• nbbi_10q_htm.xml (XML) — 314KB

FINANCIAL INFORMATION

PART I. FINANCIAL INFORMATION Item 1. Condensed Financial Statements. 4 CONDENSED CONSOLIDATED BALANCE SHEETS 4 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) 5 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) 7 CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) 6 NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) 8 Item 2.

Management's Discussion and Analysis of Financial Conditions and Results of Operations

Management's Discussion and Analysis of Financial Conditions and Results of Operations. 15 Item 3.

Quantitative and Qualitative Disclosures about Market Risk

Quantitative and Qualitative Disclosures about Market Risk. 17 Item 4.

Controls and Procedures

Controls and Procedures. 17

OTHER INFORMATION

PART II. OTHER INFORMATION Item 1. Legal Proceedings. 19 Item 1A. Risk Factors. 19 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds. 19 Item 3. Defaults Upon Senior Securities. 19 Item 4. Mine Safety Disclosures. 19 Item 5. Other Information. 19 Item 6. Exhibits. 20 2 Table of Contents SPECIAL NOTE REGARDING FORWARD-LOOKING INFORMATION This quarterly report on Form 10-Q and other publicly available documents, including the documents incorporated herein by reference, contain, and our officers and representatives may from time to time make, "forward-looking" statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "anticipate," "believe," "expect," "future," "likely," "may," "plan," "seek," "will" and similar references to future periods actions or results. Examples of forward-looking statements include our prospects for one or more future material transactions, potential sources of financing, and expenses for future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statement made by us in this quarterly report on Form 10-Q is based only on information currently available to us

FINANCIAL INFORMATION

PART I. FINANCIAL INFORMATION

Condensed Financial Statements

Item 1. Condensed Financial Statements. BMP AI TECHNOLOGIES INC. AND SUBSIDIARIES (FKA NEURALBASE AI LTD.) CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) September 30, 2025 December 31, 2024 ASSETS Current assets Cash - - Total current assets - - Other Assets Intangible assets 50,000 - Total assets 50,000 - LIABILITIES AND STOCKHOLDERS' DEFICIT Current liabilities Accounts payable and accrued liabilities 204,963 201,628 Advances 127,650 127,650 Advances - Related party 80,680 80,680 Judgement payable 103,000 103,000 Notes payable - related party 7,000 7,000 Notes payable 217,671 143,039 Total current liabilities 740,964 662,997 Notes payable, net of debt discount 46,000 46,000 Total liabilities 786,964 708,997 Stockholders' deficit Preferred stock, $ 0.0001 par value, 480,000,000 shares authorized, 0 and 0 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively - - Class A Preferred stock, $ 0.0001 par value, 10,000,000 shares authorized, 9,003,774 and 9,003,774 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively 1,200 900 Class B Preferred stock, $ 0.0001 par value, 10,000,000 shares authorized, 3,500,000 and 3,500,000 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively 350 350 Common stock, $ 0.0001 par value, 2,500,000,000 shares authorized, 51,783,583 and 200,183 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively 5,178 20 Additional paid in capital 3,465,466 3,255,090 Accumulated deficit ( 4,209,158 ) ( 3,965,357 ) Total stockholders' deficit ( 736,964 ) ( 708,997 ) Total liabilities and stockholders' deficit 50,000 - See accompanying notes to the condensed consolidated financial statements 4 Table of Contents BMP AI TECHNOLOGIES INC. AND SUBSIDIARIES (FKA NEURALBASE AI

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View this 10-Q filing on SEC EDGAR