Driveitaway Holdings 10-Q Filed

TL;DR

Driveitaway Holdings 10-Q filed for 6/30/25. Balance sheet details out.

AI Summary

Driveitaway Holdings, Inc. filed its 10-Q for the period ending June 30, 2025. The filing includes financial data for the fiscal year ending September 30, 2025, with specific balance sheet information for common stock, additional paid-in capital, treasury stocks, and retained earnings as of September 30, 2024, December 31, 2024, March 31, 2025, and June 30, 2025. The company's business address is 3401 Market Street, Suite 200/201, Philadelphia, PA 19104.

Why It Matters

This 10-Q filing provides investors with an update on Driveitaway Holdings, Inc.'s financial position, including key balance sheet components, which is crucial for assessing the company's stability and performance.

Risk Assessment

Risk Level: low — This filing is a routine quarterly report and does not contain any immediately apparent significant negative news or events.

Key Numbers

• 0930 — Fiscal Year End (Indicates the end of the company's annual financial reporting cycle.)
• 2025-06-30 — Period End Date (The specific date for which the quarterly financial information is reported.)

Key Players & Entities

• Driveitaway Holdings, Inc. (company) — Filer of the 10-Q
• 20250630 (date) — End of reporting period
• 3401 MARKET STREET SUITE 200/201 PHILADELPHIA PA 19104 (address) — Company business and mailing address
• 2024-09-30 (date) — Balance sheet reporting date
• 2025-06-30 (date) — Balance sheet reporting date

FAQ

Key Financial Figures

• $9 — e Company had an accumulated deficit of $9, 541,948 . The Company has not establis

Filing Documents

• e6794_10-q.htm (10-Q) — 838KB
• e6794_ex31-1.htm (EX-31.1) — 11KB
• e6794_ex31-2.htm (EX-31.2) — 11KB
• e6794_ex32-1.htm (EX-32.1) — 8KB
• e6794_ex32-2.htm (EX-32.2) — 9KB
• 0001731122-25-001158.txt ( ) — 4953KB
• dway-20250630.xsd (EX-101.SCH) — 47KB
• dway-20250630_cal.xml (EX-101.CAL) — 48KB
• dway-20250630_def.xml (EX-101.DEF) — 150KB
• dway-20250630_lab.xml (EX-101.LAB) — 351KB
• dway-20250630_pre.xml (EX-101.PRE) — 283KB
• e6794_10-q_htm.xml (XML) — 640KB

– FINANCIAL INFORMATION

PART I – FINANCIAL INFORMATION F-1 Item 1.

Financial Statements

Financial Statements F-1 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 1 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 8

– OTHER INFORMATION

PART II – OTHER INFORMATION 10 Item 1.

Legal Proceedings

Legal Proceedings 10 Item 1A.

Risk Factors

Risk Factors 10 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 10 Item 3. Defaults Upon Senior Securities 10 Item 4. Mine Safety Disclosures 10 Item 5. Other Information 10 Item 6. Exhibits 11

– FINANCIAL

PART I – FINANCIAL INFORMATION

FINANCIAL STATEMENTS

ITEM 1. FINANCIAL STATEMENTS DRIVEITAWAY HOLDINGS, INC. INDEX TO UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS JUNE 30, 2025 Page Condensed Consolidated Balance Sheets as of June 30, 2025 (Unaudited) and September 30, 2024 F-2 Condensed Consolidated Statements of Operations for the three and nine months ended June 30, 2025 and 2024 (Unaudited) F-3 Condensed Consolidated Statements of Changes in Stockholders' Deficit for the three and nine months ended June 30, 2025 and 2024 (Unaudited) F-4 Condensed Consolidated Statements of Cash Flows for the three and nine months ended June 30, 2025 and 2024 (Unaudited) F-5 Notes to the Condensed Consolidated Financial Statements (Unaudited) F-6 F-1 DriveItAway Holdings, Inc. Condensed Consolidated Balance Sheets June 30, September 30, 2025 2024 (Unaudited) Assets Current assets Cash $ 18,392 $ 33,588 Accounts receivable, net 6,938 1,438 Prepaid expenses — 2,970 Total current assets 25,330 37,996 Deferred financing costs, net 45,299 248,763 Fixed assets, net 804,917 774,995 Intangible assets, net 2,271 6,343 Total Assets $ 877,817 $ 1,068,097 Liabilities and Stockholders' Deficit Current Liabilities Accounts payable and accrued liabilities $ 1,720,393 $ 994,270 Accrued interest – related parties 19,110 12,752 Deferred revenue 10,785 3,306 Customer deposits — 1,339 Due to related parties 26,380 25,080 Short term notes payable 59,631 38,159 Current portion of SBA Loan 2,522 2,452 Promissory notes payable, current portion 673,780 — Promissory notes payable, in default 20,000 20,000 Promissory notes payable - related parties, in default 42,500 42,500 Convertible notes payable, net, in default 450,000 250,000 Convertible notes payable, net of debt discount 1611,701 1,597,312 Derivative liability 3,986,354 1,386,014 Total Current Liabilities 8,623,156 4,373,184 SBA Loan - noncurrent 112,

View Full Filing

View this 10-Q filing on SEC EDGAR